PHILADELPHIA, PA (November 22, 2011) – InstaMed, the leading Healthcare Payments Network, today announced that it has been chosen by AlwaysOn as one of the Venture Summit Mid-Atlantic 100 winners. Inclusion in the Venture Summit Mid-Atlantic 100 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. InstaMed was specially selected by the AlwaysOn editorial team and industry experts based on innovation, market potential, commercialization, stakeholder value and media buzz.
“The Venture Summit Mid-Atlantic 100 winners are transforming the mid-Atlantic region’s technology community through innovation and creativity,” said Tony Perkins, founder and editor at AlwaysOn. “The companies represent some of the highest-growth opportunities in the mid-Atlantic private company marketplace across all industry sectors, including digital media and entertainment, on-demand computing as well as greentech and life sciences.”
InstaMed connects healthcare providers, payers and patients on one network to streamline the healthcare revenue cycle from end to end. The InstaMed Network is built on a proprietary, secure cloud infrastructure, and it is the first to integrate the entire healthcare payment process on a single network.
Event details and a full list of all the Venture Summit Mid-Atlantic 100 winners can be found on the AlwaysOn website.
“We are honored to be selected as a Venture Summit 100 winner and to represent the innovative technology contributions coming from the Mid-Atlantic region,” said Bill Marvin, President and CEO of InstaMed. “Since founding InstaMed in 2004, our mission has been to transform the healthcare payment process, and we are proud to have built and delivered the first cloud-based technology to connect all constituents involved in this process.”
InstaMed is the leading Healthcare Payments Network connecting providers, payers and patients with healthcare clearinghouse, eligibility, estimation, patient payment and patient billing transactions on one integrated platform. InstaMed delivers payment assurance to providers, enables payers to disburse payments at a lower cost with fewer incidents of fraud, and gives patients a simple, convenient and secure way to pay. The InstaMed Network powers healthcare payments for over 200,000 providers nationally with tens of billions of dollars in healthcare payments processed. Visit InstaMed on the web at www.instamed.com.
InstaMed Public Relations