COMPANY
InstaMed is the industry leading healthcare payments network and platform. Our patent pending platform and network handle real-time eligibility to over 440 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's mission is to transform the healthcare payment process for healthcare Providers, Payers and Patients so their payment experience is simple, convenient, reliable and secure. InstaMed processes all of the healthcare and payment transactions in the healthcare revenue cycle and offers patent pending, integrated healthcare and payment transactions that accelerate the healthcare payment process and reduce the administrative costs to all parties. 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 currently supports the healthcare payment processing needs of over 2,000 hospital and clinic locations; practice management vendors and billing services representing over 100,000 providers; and hundreds of healthcare payers of all sizes.
InstaMed is Payment Card Industry Level One certified and fully accredited by the Electronic Healthcare Network Accreditation Commission as a healthcare clearinghouse. 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.
