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InstaMed is a payment processing solution that helps healthcare institutions streamline processes related to eligibility monitoring, remittance tracking, claims monitoring and more on a centralized platform. Patients can scan bills, track expenses, monitor recent activities, manage wallets and add health plans.
InstaMed enables healthcare professionals to create electronic bills with total balance, service description, date, patient details and payment plans. It allows staff members to accept payments via credit cards, eChecks, Apple Pay, Google Pay, EMV and other online, phone or mail-based transactions. Additionally, it lets organizations ensure data security and PCI compliance via point-to-point encryption (P2PE), tokenization and VoIP protection.
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