COMPANY
InstaMed is a real-time clearinghouse and payment processor for healthcare. Our patent pending platform and network handle real-time eligibility to over 430 payers, real-time claims and electronic payments from patients and payers. Working with InstaMed is simple, convenient, reliable and secure and we back it up with the InstaMed Service Guarantee.
InstaMed integrates the healthcare and financial networks by delivering seamless connectivity between Healthcare Providers, Billing Services, Vendors, Health Plans, Payers, Banks and other financial entities. InstaMed supports Claims, Eligibility, Status, Remittance, Credit, Debit, eCheck and ACH transactions in both real-time and batch modes.
The Company’s management team brings many years of experience working on transaction processing with Payers, Providers, Clearinghouses, Vendors, Billing Services and financial entities of all sizes across the country. Founded in 2004, InstaMed has customers across the country and has been processing live transactions since July of 2005.
InstaMed is registered with Visa and MasterCard as a PSP of U.S. Bank. InstaMed is Payment Card Industry Level One certified and fully accredited by the Electronic Healthcare Network Accreditation Commission. The Company continually undertakes independent third-party audits to ensure that it maintains and exceeds the highest security and operational standards of the healthcare and financial industries.
InstaMed is a privately held company. Its investors include both public and private funds, financial institutions, the founders, management and strategic angels who contribute time and resources to the company. InstaMed’s investors and investor-management are firmly committed to its mission and success.
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