InstaMed’s new healthcare payments app enables providers to securely collect payments from every
patient interaction point
PHILADELPHIA, PA and NEWPORT BEACH, CA (March 18, 2014) – InstaMed, the leading Healthcare Payments Network, announced today that it has launched InstaMed Go, a payment app designed specifically for healthcare, allowing healthcare providers to increase patient payments by securely collecting at every patient interaction point.
With access to InstaMed from a mobile device, healthcare providers collect patient payments from any location, including the emergency room, a home office and anywhere else providers interact with patients. Providers 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.
“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.”
“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.”
InstaMed simplifies every healthcare clearinghouse and payment transaction for providers and payers, all in one place. InstaMed enables providers to collect more money, get paid faster and reduce the time and costs to collect. InstaMed allows payers to cut settlement and disbursement costs with electronic payments. InstaMed’s single, integrated network simplifies the healthcare payments process for 1,500+ hospitals, 60,000+ practices/clinics and 100+ billing services; connects to 3,000+ payers; and integrates with 50+ practice management systems. InstaMed processes tens of billions in healthcare payments each year at a rate of more than $1,000 per second. Visit InstaMed on the web at www.instamed.com.
InstaMed Public Relations