Streamline Collections and Improve Your Provider and Member Payment Processes
Enhance all healthcare payments for members and providers. Our suite of solutions enables you to automate processes, reduce costs, simplify workflows and drive more revenue with advanced digital payment technology.
The “hidden costs” of claim payments threaten the entire healthcare ecosystem. Paper checks, virtual cards, and even ERA/EFT – all create unnecessary friction in an industry struggling to move forward. View this webinar to learn why provider satisfaction is worth the cost.
To attract and retain ASO employers, payers must optimize their offering with a better payment experience. Watch this video on how to enhance the employer experience for ASO payments.
Recent trends in healthcare payments show that change with self-funded plans is very much needed for payers. Only with payment innovation can employers and payers take advantage of the potential and flexibility of self-funded health plans.
Leverage the power of the InstaMed Network to eliminate the complexity and costs of working with multiple vendors, all on the most secure and compliant platform in healthcare.
Speed up payments by eliminating cumbersome and outdated collection processes.
Realize cost savings with a single platform that offers seamless payments.
Simplify complex processes with automated and electronic tools.
“With the InstaMed Premium Payments solution, Select Health delivers a better member experience while also scaling our operations. Now, we can offer members more convenient ways to pay including automated and self-service channels – resulting in a 150% increase in automated payments and 32% decrease in paper statements. The InstaMed platform helps us to optimize operations, while growing our membership with a 37% decrease in staffing ratio and 30% decrease in call volume.”
Streamline Member Payment Processes and Drive Digital Adoption
Enable members to pay 100% of their claims directly from your branded portal. Members can make payments, store payment methods in a digital wallet, and view or download payment history, all from your portal or mobile app with single sign-on technology.
Increase the collection of health plan premiums by offering any combination of payment options including automatic payments, recurring payments and digital wallets. Streamline your reconciliation and posting process with one platform and one end-of-day posting file.
InstaMed’s Disbursement Hub guarantees payers 80% ERA/EFT transaction adoption to reduce print and mail costs while meeting provider payment preferences. Our trusted payment network brings immediate value to your organization with an industry-proven solution that includes the robust Provider Adoption Program.
Where’s the Money?
Discover the most common payment channels for payers to help better understand how money flows through your organization and identify room for improvement.
Consumer Engagement
Your members want convenient payment options. View our eBook to learn how adding payment functionality to your member portal drives consumer engagement.
Anti-Money Laundering
What is anti-money laundering (AML)? Why do payers need to care? Read this post to understand the repercussions of not having a sufficient AML program in place, including fines and jail time.
Case Study
Implementing InstaMed solutions enables health plan to automatically collect more than 75% of its premiums without paper invoices or payment delays.
