Get the most out of your InstaMed account.
Every month, a member of our Product team will show you some helpful shortcuts to navigate InstaMed Online. Our goal is to make it as easy as possible for you to get the most out of your InstaMed account, regardless of your experience level or account type.
Have something you want to see in our Tips & Tricks webinars? We take requests!
Submit your suggestions on our Contact Us page.
July Tips & Tricks
Offering patients multiple ways to pay is the best way to engage patients in the payment process and maximize your patient payment collections. However, new payment options can lead to increased security risks if providers do not take the proper precautions. With data breaches threatening serious financial and reputational repercussions, providers should look for ways to enhance security and protect sensitive payment information.
Here are three opportunities to enhance payment security at your practice:
Many providers accept credit cards in the office
The latest trends in the healthcare industry — the rise in consumerism, increase of costs and new regulatory mandates — are driving change in the healthcare payments process. As health insurance premiums continue to grow, employers are switching to lower cost, high-deductible plans, resulting in an overall decrease in payer payments and, consequently, an increase in patient payments. As a percentage of provider revenue, in 2009, payer payments represented 79% of the allowed amount, while patient payments represented 21%. In