Instamed Patient Billing and Payment vs CarePayment Integrated Engagement Platform

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Instamed Patient Billing and Payment

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CarePayment Integrated Engagement Platform

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Product Description:

Your Patients All Want the Same Thing – in Uniquely Different Ways What patients want and how patients want it are not the same. 82% of consumers want to make all of their healthcare payments in one place1. However, that “same place” is not the same for every patient. Create a user-friendly healthcare payments experience that guides patients along unique journeys that lead to the same end goal: getting you paid.

About InstaMed:

InstaMed powers a better healthcare payment experience on one platform that connects consumers, providers, and payers for every healthcare payment transaction. InstaMed’s patented, private cloud-based technology securely transforms healthcare payments by driving electronic transactions, moving money, and healthcare data seamlessly, and improving consumer satisfaction. It was formed in 2004 and headquartered in Philadelphia, Pennsylvania.

Product Description:

Patient Choice – Pre-Care and Post-Care
Patient can opt-in to program anytime
Patient Assign – Pre-Bad Debt Placement Auto engagement for aged accounts prior to bad debt
Payment Plan and Aged A/R Conversions Conversion of aged A/R and existing payment plans to the CarePayment program

About CarePayment:

Our program engages patients throughout their healthcare financial journey, not just when they ask you for help.

Components of our comprehensive solution include: Patient Choice (Opt-In), Patient Assign (only Auto-Assign program in industry), Payment Plan and Aged A/R Conversions.

Funded program with net collection guarantees
Always 0.00% APR to the patient to increase engagement and minimize defaults
501r and Medicare Bad Debt compliant

Compatibility level

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Clients

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Use Cases

Description:

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Pediatric use cases:

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Users:

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Pediatric use cases:

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Users:

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EHR Integrations

Integrations:

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EMR Integration & Relevant Hardware:

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EMRs Supported:

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Hardware Compatibility:

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Integrations:

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EMR Integration & Relevant Hardware:

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Client Types

Pediatric Hospitals

Academic Medical Centers

Accountable Care Organizations

Large Medical Facilities

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Differentiators

Differentiators vs EHR Functionality:

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Differentiators vs Competitors:

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Keywords

Images

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Company Details

By InstaMed

Founded in 2004

By CarePayment

Founded in 2004

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