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.

HQPhiladelphia, US
Size (employees)255 (est)
InstaMed was founded in 2004 and is headquartered in Philadelphia, US
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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 Newport Beach and Philadelphia
Philadelphia, US (HQ)
1880 John F Kennedy Boulevard, 12th Floor
Newport Beach, US
305 3300 Irvine Ave
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InstaMed Financials and Metrics

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Founding Date


InstaMed total Funding

$75.5 m

InstaMed latest funding size

$50 m

Time since last funding

2 years ago

InstaMed investors

InstaMed's latest funding round in September 2016 was reported to be $50 m. In total, InstaMed has raised $75.5 m
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InstaMed Online and Social Media Presence

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InstaMed Blogs

Watch: Steve Wozniak Talks Technology and Innovation in Healthcare and Beyond

At the InstaMed User Conference 2018, we were pleased to present Steve Wozniak, inventor of the personal computer and co-founder of Apple, as our keynote speaker. Wozniak helped us kick off a full...

Guest Blog: Finding Patient Engagement in the Billing and Payments Process

Guest Blogger: Laurie Babin, Chief Revenue and Innovation Officer at BrightSpring Health Services A few weeks ago, I joined InstaMed to be a part of their Patient Engagement Summer Snacks webinar...

Want to Increase eStatement Adoption? Make This Change to Your Paper Bill

The time for paper to leave the healthcare industry has long since passed. Relying on paper for healthcare payments instead of leveraging less expensive and more efficient electronic alternatives, is...

InstaMed’s Continued Innovation: 3 Highlights from Coalfire White Paper

In 2014, Coalfire Systems Inc. (Coalfire), a respected Payment Card Industry (PCI) Payment Application – Qualified Security Assessor (PA-QSA) company, released a white paper with InstaMed that looked...

10 Years Later: Healthcare Payment Security Lessons From 2008

The year 2008 brought new technology innovations that redefined today’s consumer. Of course, with all new innovation comes new malicious threats to the security of our information. Let’s take a look...

Three Reasons Why Patient Engagement Matters

Healthcare consumers today owe more for both medical services and health plan premiums. Though the U.S. spends twice as much per person on average for healthcare compared to other industrialized...
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InstaMed Company Life and Culture

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