Everything you need to process claims and remit payment for any provider.
- Large provider network
InstaMed has a large network of provider bank accounts. More transactions are handled electronically by InstaMed than anywhere else.
- The way you’re paying providers can be better
Fee-based business models discourage electronic adoption. Disparate vendors hinder innovation and increase risk.
- Support provider EOPs and member EOBs
InstaMed supports payments to both providers and members as well as handling explanation of payments (EOP) and explanation of benefits (EOB) in electronic and print formats.
Providers in our network receive electronic payments.
Providers not in our network receive a paper check.
- Virtual Card
A less expensive alternative to checks for providers not in our network. Virtual cards are processed by the provider like a credit card.
Provider Adoption of ERA/EFT
Disbursement Hub is one place for simple, transparent and secure payments, built for healthcare, delivering a frictionless experience for payers, providers and employers.