InstaMed Patient Payment System
Collect patient payments anytime, anywhere with QuadraMed's Patient Payment System powered by InstaMed, the leading Healthcare Payments Network. With the rise in high-deductible health plans, collecting patient payments is becoming increasingly difficult. To address this challenge, QuadraMed and InstaMed have partnered to offer secure and safe patient payment solutions. These solutions enable providers to offer their patients more payment options by accepting all payment types, offering online payments and setting up flexible payment plans to increase patient collections.
Benefits:
- Decreases cost to collect. The costs to collect from a patient are twice as much as collecting from a payer. With the tools to collect patient payments efficiently, you will reduce administrative costs.
- Decreases days in A/R and bad debt. You can accept all payment types, offer online payments and set up flexible payment plans to increase patient collections.
- Decreases the possibility and cost of return mail. Our system creates and mails statements in the most cost-effective manner on behalf of the hospital, including electronic delivery.
- Enables a customizable payment portal. Our secure, cloud-based patient portal is customizable, so, you can add your logo and even link to your existing website.