Healthcare Payments Solutions
Our healthcare payments provider InstaMed, simplifies every healthcare clearinghouse and payment transaction for providers and payers, all in one place. InstaMed enables providers to collect more money, get paid faster and reduce the time and costs to collect. InstaMed allows payers to cut settlement and disbursement costs with electronic. InstaMed's single, integrated network simplifies the healthcare payments process for 1,500+ hospitals, 70,000+ practices/clinics and 100+ billing services; connects to 3,000+ payers; and integrates with 60+ practice management systems. InstaMed processes tens of billions in healthcare payments each year at a rate of more than $1,500 per second.
Compliance & Security
InstaMed owns and operates a 24/7/365 technical and operational infrastructure with over 99.9% uptime. InstaMed is compliant, independently certified and audited at the highest levels for both healthcare and payment processing, including the following certifications and accreditations:
· Registered with Visa and MasterCard and independently certified as a Payment Card Industry Data Security Standards (PCI-DSS) Level One Service Provider
· The first company to receive financial (FSAP) and healthcare (HNAP) accreditations from the Electronic Healthcare Network Accreditation Commission (EHNAC)
· Compliant with the Health Insurance Portability and Accountability Act (HIPAA)
· Certified by the CAQH Committee on Operating Rules for Information Exchange (CORE)
· Compliant with the National Automated Clearinghouse Association (NACHA)
· Independently certified as SSAE16 Type II
· Compatible and compliant with the Employee Retirement Income Security Act (ERISA)
· Independently certified to meet web accessibility standards of the Americans with Disabilities Act (ADA), including Section 508 compliance.