Healthcare electronic payments Credit Card Processing Merchant Account Reviews

Company Description:

InstaMed is the industry leading healthcare payments network and platform handling real-time eligibility to over 430 payers, real-time claims and electronic payments from patients and payers. InstaMed processes all of the healthcare and payment transactions in the healthcare revenue cycle and offers patent pending, integrated healthcare and payment transactions that accelerate the healthcare payment process and reduce the administrative costs to all parties. The Companyâs management team brings many years of experience working on transaction processing with Payers, Providers, Clearinghouses, Vendors, Billing Services and financial entities of all sizes across the country. Founded in 2004, InstaMed has customers across the country and has been processing live transactions since July of 2005. InstaMed currently supports the healthcare payment processing needs of over 900 hospital and clinic locations; practice management vendors and billing services representing over 50,000 providers; and hundreds of healthcare payers of all sizes. InstaMed is registered with Visa and MasterCard as a PSP of U.S. Bank. InstaMed is Payment Card Industry Level One certified and fully accredited by the Electronic Healthcare Network Accreditation Commission as a healthcare clearinghouse. InstaMed is a privately held company. Its investors include both public and private funds, financial institutions, and more.