First to Support “True” Consumerization of Healthcare with Online Payment Processing
LISLE, IL (JUNE 10, 2015) – Aldera, a leading provider of core administration and private portal solutions for healthcare payers, today announced a partnership with InstaMed, the leading healthcare payments network, to integrate InstaMed’s healthcare payments solutions with Aldera’s Payer Platform. The partnership represents a critical piece of Aldera’s Shop2ManageTM vision, which connects patients, payers and providers to the information and tools they need to better analyze benefit plan and member needs, manage healthcare actions and decisions, and impact healthcare outcomes with the best clinical care decisions.
“With the consumerization of healthcare, members are demanding the same experience they receive from other retail services, like banking or travel,” said Delloise Meier, Chief Operating Officer at Aldera. “By integrating InstaMed with our member portal and Shop2Manage vision, payers can accept and process payments in the most secure and user-friendly way, which is critical for a great consumer experience.”
With the partnership, Aldera will offer payers the ability to send a premium payment invoice to the member; alert the member about the invoice; allow the member to view, pay and receive a receipt of the payment; and then show a $0.00 balance – all in real-time from the member portal. Aldera and InstaMed’s full integration will allow members to see updated balance information real-time for a seamless payment experience.
“InstaMed is perfectly positioned to help the healthcare industry transition to a consumer-centric market,” said Bill Marvin, President and Chief Executive Officer of InstaMed. “Our technology is certified at the highest levels and we have a strong track record of simplifying the complex world of healthcare payments.”
Aldera provides healthcare payers with a flexible, rules-based, and functionally rich platform that enables them to meet industry challenges, improve business performance and future-proof their organizations. Aldera’s platform supports more than 34 million members across all lines of business in commercial and government markets. For more information, please visit our website at http://www.aldera.com/, LinkedIn @ linkedin.com/company/aldera_inc, Twitter @ twitter.com/aldera_inc, or call 800-507-3895.
InstaMed is healthcare’s most trusted payments network, connecting providers, payers and consumers on one platform. The InstaMed Network connects over two-thirds of the market and processes tens of billions of dollars in healthcare payments annually. InstaMed reduces the risks, costs and complexities of working with multiple payment vendors by delivering one platform for all forms of payment in healthcare, designed and developed on one code base and supported by one onshore team of experts in healthcare payments. InstaMed enables providers to collect more money from patients and payers while reducing the cost and time to collect. InstaMed allows payers to cut settlement and disbursement costs with electronic payments and facilitate consumerism for their members. Visit InstaMed on the web at www.instamed.com.