News & Events

West Coast Dental Plan Selects Aldera Payer Platform to Drive End-to-End Dental Experience

LISLE, IL (June 23,2015) – Aldera, a leading provider of core administration and private portal solutions for healthcare payers, today announced that a 135,000 member, West-coast dental plan has selected Aldera’s Payer Platform to transform its operations into an end-to-end experience that meets the modern needs of today’s dental patients and providers. The implementation, scheduled to go live later this year, will support the plan’s pre-paid dentistry business with a new core administration platform and portals. The solution will also…
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Coalfire and InstaMed Release White Paper on Payment Card Security for Healthcare

Coalfire and InstaMed white paper validates InstaMed payment solutions for PCI DSS 3.X compliance and new use cases including eCommerce, NFC/EMV and mobile payments

PHILADELPHIA, PA and LOUISVILLE, CO (June 22, 2015) – Coalfire Systems Inc. (Coalfire), a respected Payment Card Industry (PCI) Payment Application – Qualified Security Assessor (PA-QSA) company, has released a white paper with InstaMed, the leading Healthcare Payments Network, confirming how InstaMed solutions reduce PCI scope for healthcare organizations under PCI DSS 3.X. As part…
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Event: InstaMed to Attend HFMA ANI 2015

InstaMed, the leading Healthcare Payments Network, will be attending HFMA ANI in Orlando, FL, June 22-25, 2015. InstaMed representatives will be at booth #1250 to discuss the latest trends in healthcare payments affecting the industry. Learn about best practices for collecting patient responsibility, protecting payment data and streamlining the entire healthcare payments process.

The Healthcare Financial Management Association is the nation’s premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to…
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Article: Trends in Consumer Healthcare Payments

The healthcare payments market is growing rapidly and is estimated to reach $5 trillion by 2022 as a total of both payer and consumer payments. The fastest growing portion of the market is payments from consumers for healthcare services and health plan premiums as a result of shifting payment responsibility and changes because of health reform.

However, the healthcare industry is struggling to address the new role of consumers in the payments process with more than 30 percent of healthcare dollars…
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Article: Billions Wasted By Inefficient Billing

More than 30 percent of collections are wasted through inefficient payment processing every year.

Almost a third of the estimated $5 trillion a year collected for healthcare payments is wasted through inefficient payment processing and associated costs, according to an InstaMed trends report. Based on quantitative data derived from the InstaMed Network and qualitative proprietary survey data from more than 100,000 healthcare providers, 3,000 payers, and 1,000 consumers, the study found the waste can be attributed to inefficient payment processing and…
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Article: Increasing Healthcare Consumerism Creates Need for New Payment Systems with Chris Seib, Co-Founder and Chief Technology Officer of InstaMed

Today’s Guest: Chris Seib, Co-Founder and Chief Technology Officer of InstaMed

Chris joined us to discuss healthcare consumerism. Yes, I used both of those words in the same sentence. Statistics show that patients are now responsible for 27% of the cost of healthcare and that is expected to grow to over 50% within 3-5 years. Specifically we discuss the following with Chris:

Healthcare Consumerism: What does the trend mean? How does it apply to InstaMed/payments and the overall healthcare industry?
InstaMed Fifth Annual Trends…
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