Collect Patient Payments Faster and Easier
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Accept all payments, including non-healthcare payments like gift shop or cafeteria, and post directly into Cerner via End of Day Posting File
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Increase all patient collections with a full suite of solutions to accept omnichannel payment options including: point-of-service, online, mobile, IVR, automated payment plans, phone, mail and bank bill pay
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Improve staff efficiency with real-time visibility into patient demographics, balance information, payment preferences and transaction history
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Reduce your risk of a data breach with enterprise-level security and advanced payment technology, including point-to-point encryption
Healthcare Bills Don’t Have to Be Confusing
Reduce the confusion of healthcare bills by delivering a convenient, easy-to-understand statement to your patients. The simple, clean design of InstaMed’s enhanced statements helps patients understand what they owe.
Include the URL to your Patient Portal to drive patients to pay online where they can:
- Enroll in eStatements
- Manage a digital wallet
- Sign up for automatic payments
You get paid faster, drive online payments and eStatement adoption and ultimately reduce paper and postage costs – all while delivering a patient-friendly payment experience.
Plus, with InstaMed One Bill, you can deliver a simple, consolidated bill that lets patients and guarantors manage and pay healthcare bills for services across an organization and across family members.
Be Where Your Patients Already Are
With InstaMed, you can let patients pay you through the payment channels they already prefer, like an online Patient Portal, mobile payments and bank bill pay. Make traditional payment channels available and convenient with consumer-friendly point-of-sale devices, IVR and walk-in bill pay. Track all payments in one place with InstaMed Online and post directly into Cerner Millenium via End of Day Posting File.
Learn more about InstaMed Patient Payments.
Plus, collect from any patient, anywhere. InstaMed Healthcare Bill Payments lets consumers pay any provider at pay.instamed.com. Start collecting payments today without any effort.
Let Patients Pay How They Want
Accept all payment methods, including credit and debit cards, health savings accounts and cards, check, eCheck, Apple Pay and Google Pay. Give patients control over their healthcare bills with a secure digital wallet that lets patients store payment methods and set preferences for automated payments and payment plans.
Protect Payments and Reduce PCI DSS Scope
At InstaMed, nothing is more important than protecting payment data. Our solutions support tokenization and PCI-Validated P2PE to remove credit card data from healthcare organization environments and keep payments secure.
The InstaMed Difference
InstaMed is a combined gateway and payment processor.
InstaMed is fully accountable for all payments from swipe to settlement. Eliminate the hassle and costs of dealing with multiple vendors and rest easy that if you ever need support, you have one dedicated revenue cycle partner.
What Is the Impact of Increasing Patient Payment Responsibility?
Download your free copy of our report Trends in Healthcare Payments Eighth Annual Report: 2017 to read about the latest trends that are changing healthcare payments. Plus, gain key insights on what the trends mean for the future of healthcare payments, including the impact of increasing patient responsibility and why security must be top of mind.
Increase in the Total Volume of Consumer Payments to Providers
From 2014 to 2017, the total volume of consumer payments to providers on the InstaMed Network increased by 69%, growing 19% on average each year.
Significant Delays to Collect From Patients
73% of providers reported that it takes one month or longer to collect a patient payment.
Payment Security Is on the Minds of Providers
96% of providers reported that payment security is important when collecting patient payments.
Resources
Webinar: What Are the Latest Trends in Healthcare Payments?
View our webinar to learn all the key insights from this year's Trends in Healthcare Payments Eighth Annual Report: 2017 including the consequences of a digital, always-connected world.