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.

Employee Rating

HQPhiladelphia, US
Size (employees)258 (est)+2%
InstaMed was founded in 2004 and is headquartered in Philadelphia, US
Report incorrect company information

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
Show more

InstaMed Office Locations

InstaMed has offices in Philadelphia and Newport Beach
Philadelphia, (HQ)
1880 John F Kennedy Boulevard, 12th Floor
Newport Beach,
305 3300 Irvine Ave
Show all (2)
Report incorrect company information

InstaMed Financials and Metrics

Summary Metrics

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
View all funding rounds
Report incorrect company information

InstaMed Online and Social Media Presence

Embed Graph
Report incorrect company information

InstaMed Blogs

3 Key Takeaways From NextGen UGM 2018

This year’s NextGen UGM offered three exciting days jam-packed with information and educational sessions. It was also a great opportunity to talk with NextGen Healthcare users from across the country...

What to Expect When Deductibles Reset (And How to Ensure Patient Payments)

In 2010, only 10 million consumers were enrolled in high deductible health plans (HDHPs), which require consumers to pay a minimum deductible amount before their health plans cover any portion of the...

What Piece of the Security Pie Are You Most Thankful For?

Thanksgiving not only marks the start of the holiday season – it’s also a time to reflect on what you’re most thankful for. As a security officer, I am thankful for all the payment technology that...

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...
Show more

InstaMed Company Life and Culture

Report incorrect company information

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 258 employees.

  • Who are InstaMed competitors?

    Competitors of InstaMed include zlien, Eckoh and Vendscreen.

  • Where is InstaMed headquarters?

    InstaMed headquarters is located at 1880 John F Kennedy Boulevard, 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.