Payment Solutions for Healthcare Payers
Streamline Collections and Improve Your Provider and Member Payment Processes
Optimize and Simplify All Healthcare Payments
Enhance all healthcare payments for members and providers. Our suite of solutions enables you to automate processes, reduce costs, simplify workflows and drive more revenue with advanced digital payment technology.
Simplify Payments in One Place
Leverage the power of the InstaMed Network to eliminate the complexity and costs of working with multiple vendors, all on the most secure and compliant platform in healthcare.
Get Payments Faster
Speed up payments by eliminating cumbersome and outdated collection processes.
Reduce Collection Costs
Realize cost savings with a single platform that offers seamless payments.
Streamline Payment Processes
Simplify complex processes with automated and electronic tools.
Select Health Delivers a Better Member Experience With InstaMed
“With the InstaMed Premium Payments solution, Select Health delivers a better member experience while also scaling our operations. Now, we can offer members more convenient ways to pay including automated and self-service channels – resulting in a 150% increase in automated payments and 32% decrease in paper statements. The InstaMed platform helps us to optimize operations, while growing our membership with a 37% decrease in staffing ratio and 30% decrease in call volume.”
Operations Manager Sr. – Premium Billing, 2024
Let Us Show You
Increase revenue. Decrease costs. Deliver a seamless and secure healthcare payments experience.
Payment Solutions
Streamline Member Payment Processes and Drive Digital Adoption
Premium Payments
Premium Payments
Eliminate Paper and Increase Premium Collections With Automated Payments
Increase the collection of health plan premiums by offering any combination of payment options including automatic payments, recurring payments and digital wallets. Streamline your reconciliation and posting process with one platform and one end-of-day posting file.
Disbursement Hub
80% ERA/EFT Adoption – Guaranteed
InstaMed’s Disbursement Hub guarantees payers 80% ERA/EFT transaction adoption to reduce print and mail costs while meeting provider payment preferences. Our trusted payment network brings immediate value to your organization with an industry-proven solution that includes the robust Provider Adoption Program.
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Where’s the Money?
Discover the most common payment channels for payers to help better understand how money flows through your organization and identify room for improvement.
Driving Healthcare Payment Innovation
By embracing digital technologies and modernizing payment processes, payers can significantly enhance the healthcare experience for providers and consumers alike.
Anti-Money Laundering
What is anti-money laundering (AML)? Why do payers need to care? Read this post to understand the repercussions of not having a sufficient AML program in place, including fines and jail time.
Case Study
Implementing InstaMed solutions enables HealthFirst to automatically collect more than 75% of its premiums without paper invoices or payment delays.