Optimize Your Revenue Cycle With Digital Payment Solutions
Pre-registration is an important step in the healthcare revenue cycle where providers can collect payment information before a visit or procedure. The InstaMed Engage solution lets providers launch pre-registration via patient’s mobile devices. Remove paper and manual steps by engaging patients digitally:
Verify eligibility before or during patient visits and prior to claim submission to ensure you get paid.
Optimize this step of the revenue cycle with InstaMed Auto Payment Collect™. After claims are adjudicated, Auto Payment Collect automatically collects the patient balance using the payment method saved on file during pre-registration.
Reduce paper costs with easy-to-read statements designed to drive online payments. Send fewer statements and spend less time following up with patients to collect.
Track and measure your revenue cycle performance with InstaMed Insight. Understand which payment channels your patients use and identify opportunities to improve collections.
“With JPMorgan Chase and InstaMed, we trust our payments meet the highest security and controls standards that is combined with payment innovation and efficiency required in today’s market. Plus, with InstaMed, we have streamlined our payments with a single source for posting and reconciliation across Virtua.”
500,000 total inpatient and outpatient visits a year
Total Value Created = $3,500,000
300,000 billed claims a year
25 Hospital or Office Based Clients
Total Value Created = $900,000
90,000 patient visits a year
Total Value Created = $400,000
Thank you for your interest in InstaMed.
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