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InstaMed®.
Simple, convenient, reliable and
secure.
InstaMed’s
solutions allow you to increase
collections and cut costs by accepting all types of payment cards,
checks and cash at the point of service. Integrated reporting and
streamlined payment posting deliver you an electronic feed of
patient account and payment data as funds settle in your bank
account. Elimination of reverse entries and rebilling for
bounced checks and insufficient funds in the bank account settlement
process enables automated posting to your PMS system.
InstaMed Service Guarantee:
They are so confident that
you’ll find value with InstaMed that they put it down in writing!
Electronic Transaction Savings Opportunities
For Physician Practices A report by Milliman
describes the savings potential if electronic transactions are used
for eligibility and benefits inquiry, claim submission, claim status
inquiry, electronic remittance arrangements/electronic funds
transfer (ERA/EFT) and precertification. Results showed that on
average providers could save $1,200 to more than $200,000 annually,
depending on claims volume, by using electronic tools.

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InstaMed Pledges Support for Project
SwipeIT with Patient ID Swipe Card Solutions for Provider Acceptance
and Payer Issuance
InstaMed® Selected as Technology Excellence
Award Winner
InstaMed® Surpasses One Billion Dollars in
Healthcare Payments Processed
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HIPAA Transactions
Detect claim errors in seconds, reduce rejections, and streamline
posting and reconciliation. InstaMed offers
Claim verification
services,
Automated eligibility to over 430 payers in real-time,
Automated status, and
Automated remittance from over 280 payers
including Medicare, Blues, United, Aetna and Cigna.
Patient Statements
Improve patient communication, cut costs and bad debt, and
streamline your statement printing, fulfillment, and mailing.
Front
Office Payments and
Back
Office Payments
Increase collections
and cut costs by accepting Credit, Debit, Checks and Cash with
automated posting to your billing system.
Patient
Payment Plans
Setup Installment, Recurring or Save on
File Payment Plans to provide flexible payment options to your
patients.
Patient
Payment
Portal
Reduce bad debt and increase patient collections and satisfaction
while you accelerate cash flow. You’ll cut costs for patient
statements, collections, rework and follow-up and you’ll be prepared
for Consumer Directed Healthcare and high deductible plans.
Remote
Deposit
Accept checks and remotely deposit up to 90 checks per minute with OCR to minimize
data entry and then automate payment posting to your A/R.
Features
• All payment types: Credit, Debit, Cash & Check
• All networks: Visa, MasterCard, American Express, Discover, Diners & more
• All healthcaref accounts: HSA, FSA & HRA
• Process any check (patient, government, corporate)
• Terminals, virtual terminals & USB swipe devices
• Automated posting to A/R: as payment transactions settle, receive an electronic feed of patient
account and payment data for automated posting to your A/R
• Integrated reporting: robust, integrated reporting capabilities for all transactions
• 24-48 hour funding to your existing bank account
Getting Started is Easy
• No additional license or maintenance fees
• No new terminals to purchase
• No software to install - available in web-based ASP mode
• Keep your existing bank account
• No system changes
• Easy setup
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