InstaMed, the leading Healthcare Payments Network, is excited to announce the launch of its billion transaction infrastructure. InstaMed has been working on this massive, bi-coastal infrastructure expansion for 18 months to support its rapidly growing network. The InstaMed Network simplifies the healthcare payments process for 1,500+ hospitals, 70,000+ practices/clinics and 100+ billing services; connects to 3,000+ payers; and integrates with 60+ practice management systems.
With this infrastructure expansion, the InstaMed Network now supports the following:
A Billion Transactions
The InstaMed Network is now capable of processing a billion healthcare payment transactions per year, enabling countless new connections among providers, payers and patients.
Increased Processing Speed
With a processing rate of more than $1,500 per second, more payments can now flow faster between providers, payers and consumers.
Faster Network Speed
The InstaMed Network response time has been reduced significantly for transaction throughput and page views.
More Robust Performance
InstaMed now has eight fully redundant data sets across its bi-coastal data center infrastructure with hundreds of terabytes to ensure True Availability for all data processing, even in the event of a natural disaster or data center failure.