Leading healthcare payments network InstaMed recently announced the launch of their new payment app designed specifically for healthcare.
InstaMed Go allows healthcare providers to collect patient payments anytime, anywhere, which will increase overall collections and reduce accounts receivable. InstaMed hopes the app will streamline workflow by providing clients with access to easy-to-use, real-time reports on all payments.
“The ability to use InstaMed Go with our mobile devices has helped us to significantly increase front office collections by accepting payments at all patient interaction points,” said Debby Essex, Director of Admissions at Aspen Valley Hospital. “Instead of asking a patient to go to another desk to pay, our staff can collect payments using iPads during bedside discharge. Since patients have more places and opportunities to pay, we are collecting more payments during patient visits and ensuring the patient responsibility is paid. The ability to access payment information and reporting tools from my iPad is also wonderful because I’m constantly traveling between our various locations. Regardless of where I am, I can check our balance for the day or access real-time reports.”
Providers are able to automatically post payments to their practice management systems, easily email patient payment receipts and access reporting on all payment transactions, all from their mobile devices.
InstaMed’s single and integrated nationwide network currently simplifies the payment process for over 400 hospitals, 60,000 practices and clinics, and over 100 billing services.
“The growing use of mobile in healthcare offers providers new opportunities to collect patient payments in more places than ever before,” said Bill Marvin, President and CEO of InstaMed. “As healthcare organizations go mobile, they need to be aware of the compliance and security risks. InstaMed Go is independently certified and accredited for the highest levels of compliance and security for both healthcare and payment processing, delivering a simple and secure way to collect and manage healthcare payments.”