News & Events

Payers on the InstaMed Network Transform the Consumer Payment Process with the InstaMed Premium Payments Solution

Millions of dollars in premium payments paid to payers on the InstaMed Network

PHILADELPHIA, PA (June 11, 2014) – InstaMed, the leading Healthcare Payments Network, has announced today the success of its Premium Payments solution, which enables payers to transform the consumer premium payment process by delivering a secure place for consumers to easily understand and conveniently pay their premiums.  Millions of dollars have been paid to payers on the InstaMed Network with the Premium Payments solution.

With Premium Payments,…
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Event: InstaMed to Present at AHIP Institute

InstaMed, the leading Healthcare Payments Network, will present an educational session on healthcare consumerism for health plans at the AHIP Institute on June 12, 2014 in Seattle, WA.  Consumerism is a growing trend in healthcare that is transforming the way that health plans interact with their members and provider networks.  As healthcare reform adds millions of new consumers to the U.S. healthcare system and as deductibles continue to rise, consumer confusion related to payment is becoming a growing problem and…
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Article: Impacts of Consumerism in the Healthcare Payments Industry

By Bill Marvin, President, Chief Executive Officer and Co-Founder of InstaMed
May 20, 2014

The healthcare industry is in the midst of a massive shift, in which patients are quickly becoming key decision-makers and choosing to work with payers and providers that meet their needs and preferences. Recently, Healthcare Finance News posted an article that details how healthcare consumerism is affecting the entire industry. Yet, there is more to this story to be told. Specifically, how is consumerism impacting the healthcare payments…
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Article: Industry Falling Short on Patient Payment Options

Even with some 15 million Americans covered by high-deductible health plans, health organizations are “not prepared to meet consumer payment expectations,” according to the fourth annual payment trends report by InstaMed, a Philadelphia-based payment network company.

Between more out-of-pocket costs, scant availability of pricing information before getting a service and, in many places, a reliance on paper-based payment notifications, “consumer dissatisfaction is becoming a growing problem,” InstaMed’s report argues.

Among Americans surveyed by InstaMed last year, 72 percent did not know their…
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InstaMed Releases Fourth Annual Trends in Healthcare Payments Report for 2013

PHILADELPHIA, PA (April 15, 2014) – InstaMed, the leading Healthcare Payments Network, has announced the release of the 2013 Trends in Healthcare Payments Annual Report. This is the fourth annual report from InstaMed and features key market trends impacting the healthcare payments industry from an objective view in order to educate the market and promote awareness, change and greater efficiency.

The 2013 Trends in Healthcare Payments Annual Report is available to the public free of charge at www.instamed.com.

The report presents quantitative…
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Event: InstaMed to Present at the World Health Care Congress Conference – Transforming the Consumer Experience in Healthcare Payments

InstaMed, the leading Healthcare Payments Network, will present an educational session on healthcare consumerism for health plans at the World Health Care Congress (WHCC) conference on April 7, 2014 in National Harbor, MD.  Consumerism is a growing trend in healthcare and is transforming the way that health plans interact with their members and provider networks.  As healthcare reform adds millions of new consumers to the U.S. healthcare system and deductibles continue to rise, consumer confusion related to payment is becoming…
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