InstaMed

OverviewSuggest Edit

InstaMed has emerged as the leading payments network for healthcare. The Company processes billions of dollars and information on its single, integrated network, connecting thousands of hospitals, practices and payers, and millions of patients. Its innovative private cloud technology transforms the healthcare payment process by delivering new levels of payment assurance, simplicity, convenience and cost savings to the healthcare industry.

TypePrivate
Founded2004
HQPhiladelphia, US
Websiteinstamed.com
Employee Ratings3.8
Culture scoreA+

Latest Updates

Employees (est.) (May 2020)294

Key People/Management at InstaMed

Kevin Chapman

Kevin Chapman

Vice President of Services
Frank Adams

Frank Adams

VP, Finance & Accounting
Rick Croswell

Rick Croswell

Vice President of Marketing and Channel Management
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InstaMed Office Locations

InstaMed has offices in Philadelphia and Newport Beach
Philadelphia, US (HQ)
1880 John F Kennedy Blvd 12th Floor
Newport Beach, US
3300 Irvine Ave #305
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InstaMed Financials and Metrics

Summary Metrics

Founding Date

2004

InstaMed total Funding

$105.1 m

InstaMed latest funding size

$50 m

Time since last funding

4 years ago

InstaMed investors

InstaMed's latest funding round in September 2016 was reported to be $50 m. In total, InstaMed has raised $105.1 m
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InstaMed Online and Social Media Presence

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InstaMed Company Culture

  • Overall Culture

    A+

    95/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

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InstaMed News and Updates

InstaMed points HIMSS20 attendees toward price transparency, consumerism and interoperability

These are three trends the healthcare payments network sees as most impactful surrounding this year’s global conference.

JPMorgan Chase buys healthcare payments firm InstaMed

JPMorgan Chase is buying US healthcare payments specialist InstaMed in a deal reported to be worth m...

J.P. Morgan Chase is acquiring health-care payments company InstaMed

J.P. Morgan Chase & Co. is buying health-care payments technology company InstaMed, the companies announced Friday. The deal will expand the bank's suite of payment services for health-care consumers, providers and payers, J.P. Morgan said. "We've made significant investments in our Wholesale P…

JPMorgan drops $500 million on healthcare payments firm InstaMed in largest acquisition since the financial crisis

JPMorgan on Friday agreed a deal to acquire InstaMed for $500 million.  The deal for the healthcare payments tech company expands JPMorgan's already vast corporate payments operation. Visit Business Insider's homepage for more stories. JPMorgan Chase has acquired healthcare payments company Insta…

JPMorgan to acquire healthcare payments company Instamed

JPMorgan Chase & Co said Friday it is acquiring Instamed, a U.S. healthcare payments technology company.

JP Morgan buys health-care payments firm InstaMed in bank's biggest deal since financial crisis

The $500 million-plus deal shows that the nation's largest bank views the fast-changing world of payments as a battleground worthy of aggressive wagers.

InstaMed Blogs

[Infographic] Why You Don’t Want to Miss the InstaMed Healthcare Payments Summit 2020

With all of the industry-related events and conferences out there, it can be difficult to determine which are worth your allotted budget dollars. In the infographic below, you will find a variety of...

[Infographic] A Step-by-Step Guide to Success at the InstaMed Healthcare Payments Summit 2020

We’ve all done it – planned on attending an event and then missed the registration deadline or showed up, but ill-prepared. Industry conferences can be overwhelming with lots of moving parts. That’s...

5 Security Topics to Carry Into 2020

As we enter a new year, many of us set out to make resolutions hoping to spark positive change. Change can be good, but in some cases, it isn’t always needed. When it comes to security and...

Favorite Moments From Payment Matters Seasons 1 and 2

A Healthcare Payments Podcast When I started hosting Payment Matters two years ago, my goal was to highlight interesting and innovative topics in healthcare payments. In two seasons, we’ve covered...

What You Can Expect From the InstaMed Healthcare Payments Summit 2020

The InstaMed Healthcare Payments Summit is the only event that brings together providers, payers and healthcare IT systems in one place to discuss healthcare payments. Conference attendees have the...

What Healthcare Payment Security Experts Are Wishing For This Season

‘Tis the season of gifts and giving! As my wife and I start gathering presents for our family and friends, I decided to reach out and see what healthcare payment security experts are wishing for this...
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InstaMed Frequently Asked Questions

  • When was InstaMed founded?

    InstaMed was founded in 2004.

  • Who are InstaMed key executives?

    InstaMed's key executives are Kevin Chapman, Frank Adams and Rick Croswell.

  • How many employees does InstaMed have?

    InstaMed has 294 employees.

  • Who are InstaMed competitors?

    Competitors of InstaMed include AccessPay, Dream Payments and CloudPay.

  • Where is InstaMed headquarters?

    InstaMed headquarters is located at 1880 John F Kennedy Blvd 12th Floor, Philadelphia.

  • Where are InstaMed offices?

    InstaMed has offices in Philadelphia and Newport Beach.

  • How many offices does InstaMed have?

    InstaMed has 2 offices.