InstaMed

3 Often Overlooked Payment Channels That Can Help Streamline Collections | 8/11/2020

… payment reconciliation. Regardless of the channels that make up the payment experience, providers must be sure to effectively communicate the available options to patients at every touchpoint to increase adoption. Let’s Talk Let the InstaMed team put together a customized business case for your organization and show you InstaMed in action …

Friday at Five – Roberta’s Roundup | 8/8/2020

… in. Here is my roundup of five shows you should be listening to and the hosts that make me want to come back. Jeff Lin ( @JeffBLin ) is Senior Vice President of Product Management at InstaMed , a J.P. Morgan company and has been hosting Payment Matters for 2 years now. He brings a fresh perspectives on how providers, payers, and consumers are all tackling the evolving healthcare payments market. There is …

Follow InstaMed:    

Inside JPMorgan’s $500 million bet on healthcare payments: the CEO of InstaMed says it’s seeing record sales since being acquired by the Wall Street giant | Business Insider | 7/24/2020

Healthcare payments startup InstaMed is booming amid the coronavirus pandemic. InstaMed was acquired by JPMorgan a year ago for $500 million. At the time, it was the bank's biggest acquisition since the global financial crisis in 2008. Healthcare payments are complex and largely non-digital. InstaMed offers a way for doctors and patients to pay and get paid online. Since the acquisition, InstaMed has retained nearly 90% of …

How Primary and Specialty Care Practices Can Recover From the Financial Burden of COVID-19 | 7/1/2020

… such as your website, appointment reminder emails and billing statements – to talk about flexible payment options. Leverage AI : Make smart payment plan recommendations to patients based on data. Work with a payment partner like InstaMed that uses AI and third-party data to make recommendations to your patients on a payment plan that will work best for them. Report and Analyze: You should have full visibility into payment plans and …

Trends in Healthcare: What You Need to Know | 6/23/2020

… already here. And if you’re not catering to the needs of the new digital native consumer, your practice is getting left behind. That’s the takeaway from the tenth annual Trends in Healthcare report from InstaMed . The report highlights the disconnect between patient expectations and reality; while they expect the healthcare payment process to be similar to their everyday experience in other areas, they instead find themselves mired in a world …

258+ healthcare revenue cycle companies to know | 2020 | Becker’s Hospital Review | 6/19/2020

… focused organizations. Innovative Healthcare Systems (Edmond, Okla.). Innovative Healthcare Systems provides revenue cycle management solutions to organizations to assist with the contracting, credentialing, coding and billing processes as well as reimbursement analysis. InstaMed (Philadelphia). InstaMed provides a payment platform that processes tens of billions of dollars in healthcare payments annually. The company’s network connects around two-thirds of the healthcare market, including payers, providers and consumers on one platform. Integra …

THE HEALTHCARE PAYMENTS REPORT: The strategies payments leaders are using to take advantage of the $3.7 trillion opportunity in US healthcare | Business Insider | 6/8/2020

… size and room for innovation, digital transformation is occurring incrementally at best. In fact, 90% of healthcare providers still leverage paper and manual processes for collections, according to data from a report commissioned by InstaMed and compiled by Qualtrics. And even when healthcare providers offer digital solutions like online portals to customers (which 60% do ), they seem to be falling short: While the majority of consumers claim they want to …

Patient Collections Takes Over a Month for Most Providers | RevCycle Intelligence | 4/30/2020

… suggests. Source: Thinkstock Patient collections takes more than a month for 74 percent of healthcare providers, according to the 10th edition of the Trends in Healthcare Payments Annual Report. The report released Tuesday by InstaMed , a J.P. Morgan company, found that collecting patient financial responsibility in a timely manner was especially challenging for large patient balances. Over three-quarters (78 percent) of surveyed providers said they cannot collect bills of …

InstaMed’s Tenth Annual Report Finds High Consumer Demand for Digitization in Healthcare Payments | 4/28/2020

Home Press Releases InstaMed ’s Tenth Annual Report Finds High Consumer Demand for Digitization in Healthcare Payments InstaMed ’s Tenth Annual Report Finds High Consumer Demand for Digitization in Healthcare Payments April 28, 2020 38 Views InstaMed , a J.P. Morgan company, released the 10th edition of the Trends in Healthcare Payments Annual Report today. The report highlights trends from all major industry stakeholders: consumers, providers and payers. The trends reveal that high …

Contactless payments surge amid COVID-19 — What this could mean for hospitals | Becker’s Hospital Review | 4/17/2020

… Group and the Electronic Transactions Association found 27 percent of small U.S. businesses have seen more customers using contactless payment like Apple Pay. What does this mean for hospitals? In 2015, payment service provider InstaMed added support for Apple Pay to its platform so partner hospitals could receive payment through the contactless app. Still, contactless payments have struggled to catch on in U.S. stores in general, and the same can …

Telehealth and Patient Financial Engagement | 4/16/2020

… environment, providers should ensure a digital, automated payments experience that is simple, secure and convenient. Watch the eight-minute webinar below for tips on incorporating payments into your telehealth workflows. Let’s Talk Let the InstaMed team put together a customized business case for your organization and show you InstaMed in action …

Minimizing Germs When Contact for Payments Is Unavoidable | 4/14/2020

… onto a soft lint-free cloth and never on the device directly. Refrain from using detergents, solvents, or abrasive products to avoid damage to the device’s plastic or electrical components. Let’s Talk Let the InstaMed team put together a customized business case for your organization and show you InstaMed in action …

InstaMed points HIMSS20 attendees toward price transparency, consumerism and interoperability | Healthcare IT News | 2/25/2020

… on patient experience remains unclear. “Nine out of 10 patients have been surprised by a medical bill, according to the Trends in Healthcare Payments Ninth Annual Report ,” said Jeff Lin, head of product at InstaMed . “The reasons for patient surprise include getting a bill for more than expected and not knowing they would get a bill at all. Those reasons have little to do with the exact price of the …

Top Stock Reports for JPMorgan, Sanofi & General Electric | Zacks | 1/7/2020

… all of today’s research reports here JPMorgan ’s shares have outperformed the Zacks Major Regional Banks industry over the past year (+37.5% vs. +29.2%). The Zacks analyst believes that decent loan demand, acquisition of InstaMed , opening of new branches and focus on strengthening credit card business will aid financials. The company has an impressive earnings surprise history. The bank has surpassed the Zacks Consensus Estimate in three of the trailing …

Trends and innovations in US healthcare payments - a $3.7 trillion opportunity | Business Insider | 12/30/2019

… size and room for innovation, digital transformation is occurring incrementally at best. In fact, 90% of healthcare providers still leverage paper and manual processes for collections, according to data from a report commissioned by InstaMed and compiled by Qualtrics. And even when healthcare providers offer digital solutions like online portals to customers (which 60% do ), they seem to be falling short: While the majority of consumers claim they want to …

4 Reasons That Make JPMorgan (JPM) Stock a Good Bet for 2020 | Zacks | 12/26/2019

… U.S. bank in terms of total assets, is well positioned to grow, driven by consistent rise in loan demand, branch expansion efforts and solid asset quality despite lower interest rates. Further, the acquisition of InstaMed and focus on strengthening credit card business will aid its financials.This Zacks Rank 2 (Buy) stock seems like an attractive investment opportunity right now as it has been witnessing solid upward estimate revisions, and promising …

4 Reasons That Make JPMorgan (JPM) Stock a Good Bet for 2020 - December 26, 2019 - Zacks.com | 12/26/2019

JPMorgan ( JPM - Free Report ) , the biggest U.S. bank in terms of total assets, is well positioned to grow, driven by consistent rise in loan demand, branch expansion efforts and solid asset quality despite lower interest rates. Further, the acquisition of InstaMed and focus on strengthening credit card business will aid its financials. This Zacks Rank 2 (Buy) stock seems like an attractive investment opportunity right now as it has been …

The Zacks Analyst Blog Highlights: JPMorgan, Boeing, NVIDIA, AstraZeneca and GlaxoSmithKline | Yahoo News | 12/23/2019

… see all of today’s research reports here JPMorgan ’s shares have outperformed the Zacks Major Regional Banks industry year to date (+41.6% vs. +34.2%). The Zacks analyst believes that decent loan demand, acquisition of InstaMed , opening of new branches and focus on strengthening credit card business will aid financials. JPMorgan’s shares have outperformed the industry over the past six months. The company has an impressive earnings surprise history. The bank …

Top Analyst Reports for JPMorgan, Boeing & NVIDIA | Zacks | 12/20/2019

… see all of today’s research reports here JPMorgan ’s shares have outperformed the Zacks Major Regional Banks industry year to date (+41.6% vs. +34.2%). The Zacks analyst believes that decent loan demand, acquisition of InstaMed , opening of new branches and focus on strengthening credit card business will aid financials. JPMorgan’s shares have outperformed the industry over the past six months. The company has an impressive earnings surprise history. The bank …

InstaMed 10 Days of Giving | 12/13/2019

InstaMed 10 Days of Giving is an annual event that welcomes InstaMed employees to donate toys to local children’s hospitals in the spirit of giving back and hopefully bringing a few moments of happiness to the children who are staying there. Children’s hospitals and the amazing work they do are the focus of InstaMed’s charitable giving. Plus, 9 out of the top 10 children’s hospitals are on the InstaMed Network …

InstaMed Announces Keynote Speakers for the InstaMed Healthcare Payments Summit 2020 | Business Wire | 12/10/2019

PHILADELPHIA- InstaMed , a J.P. Morgan company, announced today the keynote speakers for the InstaMed Healthcare Payments Summit 2020. Legendary tennis player and social justice champion Billie Jean King will deliver the opening keynote. King brings her unique perspective on being a force for change and making an impact on one’s community and industry. Her message will complement the conference’s themes including driving change, innovation and advancement in the healthcare payments …

What Healthcare Payment Security Experts Are Wishing For This Season | 12/10/2019

What Healthcare Payment Security Experts Are Wishing For This Season Noah Dermer Chief Security Officer I joined the Security and Compliance team at InstaMed in 2015. Previously, I was the Chief Security Officer at Epic Systems, where one of my responsibilities was building security into Epic’s enterprise applications. As Security Officer at InstaMed, my goal is to support our security and compliance mission as well as inform and educate the …

Top Research Reports for JPMorgan, Altria Group & ConocoPhillips | Yahoo News | 11/20/2019

… Major Regional industry year to date (+33.8% vs. 29.3%). The Zacks analyst believes that the company recorded impressive bond trading and underwriting business performance in third-quarter 2019. Also, decent loan growth, acquisition of InstaMed , opening of new branches and focus on strengthening credit card business will aid financials amid the Fed’s accommodative policy. But, the company’s significant dependence on capital markets revenues makes us apprehensive, given the several geopolitical …

How to optimize collector performance in the era of rising patient debt | Becker’s Hospital Review | 11/18/2019

… than half of patients are unable to pay a $1,000 medical bill, and over 75 percent of providers say it takes more than a month to collect any payment at all, according to an InstaMed report cited by Shawn Yates, director of healthcare product management at Ontario Systems. “We know workers are paying more for premiums. We know deductibles are higher; employee wages are lagging behind. Patient choice is being …

Customer Service Rep. - Philadelphia, PA, , USA #jobs #Philadelphia pls RT | 11/15/2019

… Philadelphia Jobs In Customer Servi… Jobs In Customer … Customer Service Representative Location: Philadelphia, PA Duration: 3 months Job Description: The Customer Service Associate will be responsible for the resolution of customer issues related to InstaMed s platform for healthcare and financial transactions. The Customer Service Associate is required to manage the customers’ expectations and experience in a way that results in high customer satisfaction, and must maintain frequent voice and …

Digital Health

THE HEALTHCARE PAYMENTS REPORT: The strategies payments leaders are using to take advantage of the $3.7 trillion opportunity in US healthcare | Business Insider | 5/4/2020

… Intelligence Healthcare Payments premium research report. Purchase this report here. Business Insider Intelligence offers even more healthcare coverage with our Digital Health Briefing. Subscribe today to receive industry-changing health news and analysis to your … for collections, according to data from a report commissioned by InstaMed and compiled by Qualtrics. And even when healthcare providers offer digital solutions like online portals to customers (which 60% do ), they seem to be …

Medicare

InstaMed points HIMSS20 attendees toward price transparency, consumerism and interoperability | Healthcare IT News | 2/25/2020

… three trends the healthcare payments network sees as most impactful surrounding this year’s global conference. February 25, 2020 12:45 PM InstaMed, a J.P. Morgan Company, a healthcare payments network connecting providers, payers and patients, will … January 1, 2021. The rule issued by the Centers for Medicare & Medicaid Services calls for healthcare providers to publish the prices for services to patients. There are steep penalties proposed for any providers who do …

Medicaid

InstaMed points HIMSS20 attendees toward price transparency, consumerism and interoperability | Healthcare IT News | 2/25/2020

… three trends the healthcare payments network sees as most impactful surrounding this year’s global conference. February 25, 2020 12:45 PM InstaMed, a J.P. Morgan Company, a healthcare payments network connecting providers, payers and patients, will … 1, 2021. The rule issued by the Centers for Medicare & Medicaid Services calls for healthcare providers to publish the prices for services to patients. There are steep penalties proposed for any providers who do not …

Medical Billing

4 healthcare innovation events that should be on your radar in 2020 | MedCity News | 11/7/2019

As you map out your communication and marketing goals for 2020, keep this roster of MedCity healthcare innovation events in mind. 7, 2019 at 3:30 PM Shares 0 It has been another busy year for M&A in health tech and life sciences, from Allscripts acquisition of specialty drug platform ZappRx, UnitedHealth Group’s purchase of PatientsLikeMe, JP Morgan’s acquisition of medical billing business InstaMed, Bristol-Myers Squibb’s deal to buy …

Health Tech

4 healthcare innovation events that should be on your radar in 2020 | MedCity News | 11/7/2019

As you map out your communication and marketing goals for 2020, keep this roster of MedCity healthcare innovation events in mind. 7, 2019 at 3:30 PM Shares 0 It has been another busy year for M&A in health tech and life sciences, from Allscripts acquisition of specialty drug platform ZappRx, UnitedHealth Group’s purchase of PatientsLikeMe, JP Morgan’s acquisition of medical billing business InstaMed, Bristol-Myers Squibb’s deal to buy …

Population Health

4 healthcare innovation events that should be on your radar in 2020 | MedCity News | 11/7/2019

… from Allscripts acquisition of specialty drug platform ZappRx, UnitedHealth Group’s purchase of PatientsLikeMe, JP Morgan’s acquisition of medical billing business InstaMed, Bristol-Myers Squibb’s deal to buy Celgene and Google’s acquisition of Fitbit. The interest … What are some of the collaborations that will help advance population health? As you mull over those questions, we would encourage you to include these MedCity events in your planning as you review where to …

Telehealth

Amazon, JPMorgan, and Berkshire Hathaway’s health insurance JV is expanding to cover more employees | Business Insider | 11/5/2019

… to disrupt the healthcare industry across the board. In May, JPMorgan shelled out $500 million to buy health payments firm InstaMed, which we theorized could potentially help build a more consumer-friendly payments platform for … It's not hard to imagine a future where telehealth visits through Amazon Care are offered at zero cost to patients, a virtual care strategy we've seen implemented by insurtech Oscar Health …

Health Management

HMS Holdings Corp. (HMSY) CEO Bill Lucia on Q3 2019 Results - Earnings Call Transcript | Seeking Alpha | 11/1/2019

… adjusted EPS benefit of $0.6 per share from an investment gain we recognized in Q3 related to our investment in InstaMed following that company’s sale back in July. Adjusted EPS this quarter also included about … could provide a little bit more detail on the population health management business. Can you talk a little bit more about the sales force restructuring kind of what the initial call was in integrating that …

Kaiser Family Foundation

HMS Holdings Corp. (HMSY) CEO Bill Lucia on Q3 2019 Results - Earnings Call Transcript | Seeking Alpha | 11/1/2019

… adjusted EPS benefit of $0.6 per share from an investment gain we recognized in Q3 related to our investment in InstaMed following that company’s sale back in July. Adjusted EPS this quarter also included about … to both commercial and Medicare advantage plans. Recent data from Kaiser Family Foundation highlighted that the uninsured rate has been rising since 2017 and now approximately 15 million uninsured individuals are eligible for either Medicaid …

Patient Payment Solutions

With payment IT, hospital reduced statement costs by half and saved $200,000 in collections fees | Healthcare IT News | 10/25/2019

… both internally and for our families,” said Kevin Pawl, senior director of patient access at Boston Children’s Hospital. “IT vendor InstaMed was selected to consolidate vendors and standardize the payment experience throughout the organization. With … InstaMed Network.” MARKETPLACE There is a variety of vendors of patient payment solutions on the market today. Some of these vendors include Ability Network, ClearGage, Easy Pay Solutions, Patientco, PatientPay and Patient Payment Solutions. MEETING …

Revenue Cycle Management

Why the ‘old school’ approach to collections is no longer viable for ASCs | Becker’s ASC Review | 10/2/2019

… bills and 87 percent of consumers want to know their financial responsibility early on, according to a 2018 report from InstaMed. “The patient isn’t being educated upfront on their payment options and bills go unpaid … is supported by industry research. For example, Black Book’s 2017 Revenue Cycle Management report found providers’ “profit margins continue to be impacted negatively by traditional collection solutions,” which leave them with millions of dollars in …

Patient Satisfaction

Why the ‘old school’ approach to collections is no longer viable for ASCs | Becker’s ASC Review | 10/2/2019

… bills and 87 percent of consumers want to know their financial responsibility early on, according to a 2018 report from InstaMed. “The patient isn’t being educated upfront on their payment options and bills go unpaid … to boost collections and satisfaction Along with hurting revenue-boosting patient satisfaction, inefficient or nonexistent patient financing solutions contribute to higher same-day cancellations. In 2018, about 40 percent of over 1,300 adults surveyed by …

EMR

Health IT companies Datica, Sansoro Health merge | FierceHealthcare | 6/27/2019

… trend of consolidation in the health IT industry. There have been a number of deals just in 2019—DocuTAP, an EMR and practice management software company, merged with Practice Velocity, and Harris Healthcare acquired clinical … to market.” RELATED: JPMorgan to buy healthcare payments technology firm InstaMed “We’ve had great success partnering with both Sansoro Health and Datica for data integration with our platforms,” Jean-Claude Saghbini, CTO of Wolters Kluwer …

HIPAA

Health IT companies Datica, Sansoro Health merge | FierceHealthcare | 6/27/2019

… startups to health systems and vendors. The platform meets compliance standards such as the Health Insurance Portability and Accountability Act (HIPAA) and HITRUST cybersecurity framework certification. Sansoro Health, launched in 2014, provides integration software for … to market.” RELATED: JPMorgan to buy healthcare payments technology firm InstaMed “We’ve had great success partnering with both Sansoro Health and Datica for data integration with our platforms,” Jean-Claude Saghbini, CTO of Wolters Kluwer …

Electronic Medical Record

Health IT companies Datica, Sansoro Health merge | FierceHealthcare | 6/27/2019

… Insurance Portability and Accountability Act (HIPAA) and HITRUST cybersecurity framework certification. Sansoro Health, launched in 2014, provides integration software for electronic medical record platforms. Free Daily Newsletter Like this story? Subscribe to FierceHealthcare! The healthcare … to market.” RELATED: JPMorgan to buy healthcare payments technology firm InstaMed “We’ve had great success partnering with both Sansoro Health and Datica for data integration with our platforms,” Jean-Claude Saghbini, CTO of Wolters Kluwer …

HITRUST

Health IT companies Datica, Sansoro Health merge | FierceHealthcare | 6/27/2019

… health systems and vendors. The platform meets compliance standards such as the Health Insurance Portability and Accountability Act (HIPAA) and HITRUST cybersecurity framework certification. Sansoro Health, launched in 2014, provides integration software for electronic medical … to market.” RELATED: JPMorgan to buy healthcare payments technology firm InstaMed “We’ve had great success partnering with both Sansoro Health and Datica for data integration with our platforms,” Jean-Claude Saghbini, CTO of Wolters Kluwer …

Patient Financial Engagement

A patient-centered approach to revenue cycle tech strategy | MedCity News | 6/24/2019

InstaMed survey found that 47 percent of consumers would change providers just for a better understanding of costs at scheduling and the ability to pay a bill using their preferred method. Patient Financial Engagement Workflows A patient-centered revenue cycle requires transparency, and transparency means your back-end processes need to be as clean and efficient as possible. The age of painstaking, repetitive, manual processes has passed — according to Black …

Patient Financial Experience

Healthcare Consumerism Top Risk Management Priority of CFOs | RevCycle Intelligence | 5/2/2019

Patient Financial Experience the New Focus for Revenue Cycle Tech Healthcare consumerism is sweeping the industry. Patient financial responsibility for healthcare rose 11 percent according to data from TransUnion Healthcare, and nearly three-quarters of providers see an increase in patient costs, InstaMed reports . Higher out-of-pocket costs are prompting patients to act more like consumers. And failing to address the healthcare consumerism trend through consumer engagement is impacting …

Patient Payments

210+ healthcare revenue cycle companies to know | 2019 | Becker’s Hospital Review | 4/20/2019

… and 7,000 physicians. The company focuses on hospital, medical group and radiology collections, using a “ridiculously nice” strategy to recover patient payments. Americollect specialists verify patient demographic data, contact patients and man a 24-hour … EMR and hospital IS integration, collection strategies, and reporting capabilities. InstaMed (Philadelphia). InstaMed provides a payment platform that processes tens of billions of dollars in healthcare payments annually. The company’s network connects around two-thirds …

Patient Engagement

210+ healthcare revenue cycle companies to know | 2019 | Becker’s Hospital Review | 4/20/2019

… top of systems to adjudicate rejections and denials. athenahealth (Watertown, Mass.). Founded in 1997, athenahealth provides medical record, revenue cycle, patient engagement, care coordination and population health services for hospital and ambulatory clients. The company … EMR and hospital IS integration, collection strategies, and reporting capabilities. InstaMed (Philadelphia). InstaMed provides a payment platform that processes tens of billions of dollars in healthcare payments annually. The company’s network connects around two-thirds …

Accenture Healthcare

258+ healthcare revenue cycle companies to know | 2020 | Becker’s Hospital Review | 6/19/2020

… cycle for providers and payers. The company provides specialized applications and analytics for revenue cycle, care quality and workforce management. Accenture (Dublin, Ireland). Accenture’s team of experts provides insights and technologies for healthcare organizations to … credentialing, coding and billing processes as well as reimbursement analysis. InstaMed (Philadelphia). InstaMed provides a payment platform that processes tens of billions of dollars in healthcare payments annually. The company’s network connects around two-thirds …

UnitedHealth

4 healthcare innovation events that should be on your radar in 2020 | MedCity News | 11/7/2019

As you map out your communication and marketing goals for 2020, keep this roster of MedCity healthcare innovation events in mind. 7, 2019 at 3:30 PM Shares 0 It has been another busy year for M&A in health tech and life sciences, from Allscripts acquisition of specialty drug platform ZappRx, UnitedHealth Group’s purchase of PatientsLikeMe, JP Morgan’s acquisition of medical billing business InstaMed, Bristol-Myers Squibb’s deal to buy …

UnitedHealth Group

4 healthcare innovation events that should be on your radar in 2020 | MedCity News | 11/7/2019

As you map out your communication and marketing goals for 2020, keep this roster of MedCity healthcare innovation events in mind. 7, 2019 at 3:30 PM Shares 0 It has been another busy year for M&A in health tech and life sciences, from Allscripts acquisition of specialty drug platform ZappRx, UnitedHealth Group’s purchase of PatientsLikeMe, JP Morgan’s acquisition of medical billing business InstaMed, Bristol-Myers Squibb’s deal to buy …

PatientsLikeMe

4 healthcare innovation events that should be on your radar in 2020 | MedCity News | 11/7/2019

As you map out your communication and marketing goals for 2020, keep this roster of MedCity healthcare innovation events in mind. 7, 2019 at 3:30 PM Shares 0 It has been another busy year for M&A in health tech and life sciences, from Allscripts acquisition of specialty drug platform ZappRx, UnitedHealth Group’s purchase of PatientsLikeMe, JP Morgan’s acquisition of medical billing business InstaMed, Bristol-Myers Squibb’s deal to buy …

Celgene

4 healthcare innovation events that should be on your radar in 2020 | MedCity News | 11/7/2019

… InstaMed, Bristol-Myers Squibb’s deal to buy Celgene and Google’s acquisition of Fitbit. The interest in tools to support social determinants of health to improve patient access to healthier dietary options and transport to their appointments has increased as payers and providers see them as a way to help people manage chronic conditions and reduce the need for emergency hospitalization. Where will strategic investors prioritize investments in 2020? Which healthcare …

PillPack

Amazon, JPMorgan, and Berkshire Hathaway’s health insurance JV is expanding to cover more employees | Business Insider | 11/5/2019

… to disrupt the healthcare industry across the board. In May, JPMorgan shelled out $500 million to buy health payments firm InstaMed, which we theorized could potentially help build a more consumer-friendly payments platform for … implemented by insurtech Oscar Health. Further, Amazon purchased e-pharmacy PillPack for $753 million in June 2018 and started marketing it to Prime members. Amazon could one day soon look to entice its 105 million …

Equian

HMS Holdings Corp. (HMSY) CEO Bill Lucia on Q3 2019 Results - Earnings Call Transcript | Seeking Alpha | 11/1/2019

… adjusted EPS benefit of $0.6 per share from an investment gain we recognized in Q3 related to our investment in InstaMed following that company’s sale back in July. Adjusted EPS this quarter also included about … Bill Lucia Well, the United slash off their acquisition of Equian really doesn’t impact us much because we do very little what you consider traditional payment integrity with United. They are a coordination-of-benefits …

Patientco

With payment IT, hospital reduced statement costs by half and saved $200,000 in collections fees | Healthcare IT News | 10/25/2019

… both internally and for our families,” said Kevin Pawl, senior director of patient access at Boston Children’s Hospital. “IT vendor InstaMed was selected to consolidate vendors and standardize the payment experience throughout the organization. With … of these vendors include Ability Network, ClearGage, Easy Pay Solutions, Patientco, PatientPay and Patient Payment Solutions. MEETING THE CHALLENGE Having just one, consolidated vendor has helped Boston Children’s reduce the number of different statements from …

Waystar

THE HEALTHCARE PAYMENTS REPORT: The strategies payments leaders are using to take advantage of the $3.7 trillion opportunity in US healthcare | Business Insider | 8/2/2019

… 90% of healthcare providers still leverage paper and manual processes for collections, according to data from a report commissioned by InstaMed and compiled by Qualtrics. And even when healthcare providers offer digital solutions like online … mentioned in this report are: InstaMed, JPMorgan, Liquid Payments, Patientco, Waystar Here are some of the key takeaways from the report: The US healthcare payments market is massive: Total US healthcare expenditure hit $3.65 trillion …

ZirMed

Waystar continues buying spree with acquisition of prior authorization company Digitize.AI | FierceHealthcare | 7/12/2019

… sale also comes two years after Bain Capital created the business by combining revenue cycle management companies Navicure Inc. and ZirMed in 2017. The company was renamed Waystar in February 2018. Bloomberg reported in April … executive said. RELATED: JPMorgan to buy healthcare payments technology firm InstaMed Currently, prior authorization is largely a manual process that’s both time-consuming and error-prone, resulting in a $30 billion annual cost in wrongful …

Navicure

Waystar continues buying spree with acquisition of prior authorization company Digitize.AI | FierceHealthcare | 7/12/2019

… Capital. The anticipated sale also comes two years after Bain Capital created the business by combining revenue cycle management companies Navicure Inc. and ZirMed in 2017. The company was renamed Waystar in February 2018. Bloomberg … executive said. RELATED: JPMorgan to buy healthcare payments technology firm InstaMed Currently, prior authorization is largely a manual process that’s both time-consuming and error-prone, resulting in a $30 billion annual cost in wrongful …

Change Healthcare

Digital health investments in 2019 poised to surpass 2018: Rock Health | FierceHealthcare | 7/3/2019

… three-year drought. Livongo was the latest digital health company filing to go public, following Health Catalyst, Phreesia , and Peloton. Change Healthcare had its IPO last week. “Through the IPO drought, M&A was the … moved into digital health this year with the acquisition of InstaMed, a healthcare payments technology company. The deal, priced at more than $500 million according to CNBC , adds healthcare payment technology to JP Morgan’s growing …

Phreesia

Digital health investments in 2019 poised to surpass 2018: Rock Health | FierceHealthcare | 7/3/2019

… return after a three-year drought. Livongo was the latest digital health company filing to go public, following Health Catalyst, Phreesia , and Peloton. Change Healthcare had its IPO last week. “Through the IPO drought, M … moved into digital health this year with the acquisition of InstaMed, a healthcare payments technology company. The deal, priced at more than $500 million according to CNBC , adds healthcare payment technology to JP Morgan’s growing …

Thermo Fisher

The Zacks Analyst Blog Highlights: JPMorgan, Thermo Fisher, Broadcom, Marriott and Global Payments | 7/3/2019

… news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: JPMorgan ( JPM - Free Report ) , Thermo Fisher ( TMO - Free Report ) , Broadcom ( AVGO - Free Report ) , Marriott ( MAR - Free Report ) and Global … lucrative U.S. healthcare payments market with a deal to acquire InstaMed will aid profitability. However, dismal mortgage banking performance, mainly due to lower origination volumes and increasing competition is expected to continue hampering fee income …

Apple Health

Digital health investments in 2019 poised to surpass 2018: Rock Health | FierceHealthcare | 7/3/2019

… Commission documents to be worth $753 million. JP Morgan also moved into digital health this year with the acquisition of InstaMed, a healthcare payments technology company. The deal, priced at more than $500 million according … Google’s smart home strategy, Rock Health reports. And in May, Apple scooped up Tueo Health, a startup that uses apps and sensors to help parents manage asthma symptoms in children. Apple is making significant moves …

Optum

UnitedHealth to Buy Equian & Foray into Healthcare Payments - June 27, 2019 - Zacks.com | 6/27/2019

… of dollars in savings. This buyout will allow UnitedHealth to add a new niche business to its health services segment, Optum, which deals in health management and engagement, health financial services, health IT, benefit operations … Morgan Chase & Co. ( JPM - Free Report ) to buy Philadelphia based InstaMed, a healthcare payment processor. Equian handles nearly $500 billion in healthcare payments annually for nine out of the 10 healthcare companies. It would allow …

Sansoro Health

Health IT companies Datica, Sansoro Health merge | FierceHealthcare | 6/27/2019

Healthcare IT companies Datica and Sansoro Health announced on Wednesday that they have merged. (daizuoxin/iStock/Getty Images Plus/Getty Images) Healthcare IT companies Datica and Sansoro Health announced on Wednesday that they have merged … to market.” RELATED: JPMorgan to buy healthcare payments technology firm InstaMed “We’ve had great success partnering with both Sansoro Health and Datica for data integration with our platforms,” Jean-Claude Saghbini, CTO of Wolters Kluwer …

Wolters Kluwer

Health IT companies Datica, Sansoro Health merge | FierceHealthcare | 6/27/2019

… Terms of the deal were not disclosed. The combined company works with large healthcare customers such as Johnson & Johnson, VigiLanz, Wolters Kluwer Health, and Vineti. Jeremy Pierotti, previous CEO and co-founder of Sansoro Health … to market.” RELATED: JPMorgan to buy healthcare payments technology firm InstaMed “We’ve had great success partnering with both Sansoro Health and Datica for data integration with our platforms,” Jean-Claude Saghbini, CTO of Wolters Kluwer

Datica

Health IT companies Datica, Sansoro Health merge | FierceHealthcare | 6/27/2019

Healthcare IT companies Datica and Sansoro Health announced on Wednesday that they have merged. (daizuoxin/iStock/Getty Images Plus/Getty Images) Healthcare IT companies Datica and Sansoro Health announced on Wednesday that they have merged … to market.” RELATED: JPMorgan to buy healthcare payments technology firm InstaMed “We’ve had great success partnering with both Sansoro Health and Datica for data integration with our platforms,” Jean-Claude Saghbini, CTO of Wolters Kluwer …

nThrive

The Big Money is Betting on Healthcare and What That Means for Providers and Patients: Healthcare Industry Analysis by Loyale Healthcare | PRWeb | 6/5/2019

… the Healthcare Industry A point in fact is the recent announcement of JP Morgan Chase buying medical payments technology firm InstaMed to push more deeply into the $3.5 trillion market for U.S. health-care spending … Revenue Cycle Management services and include companies such as WayStar , NThrive and Change Healthcare . Investing in the Platform Model The rush of capital into healthcare points toward the growing importance of the integrated healthcare platform …

Cerner

210+ healthcare revenue cycle companies to know | 2019 | Becker’s Hospital Review | 4/20/2019

… to patient portals and customer service capabilities as well as EMR and hospital IS integration, collection strategies, and reporting capabilities. InstaMed (Philadelphia). InstaMed provides a payment platform that processes tens of billions of dollars in … software solutions to optimize system performance and revenue integrity at Cerner Millennium hospitals. OnTrack gives users visibility into acute and chronic system issues that could put patients and business at risk, and provides expertise to …

SSI Group

210+ healthcare revenue cycle companies to know | 2019 | Becker’s Hospital Review | 4/20/2019

… to patient portals and customer service capabilities as well as EMR and hospital IS integration, collection strategies, and reporting capabilities. InstaMed (Philadelphia). InstaMed provides a payment platform that processes tens of billions of dollars in … the U.S. use Spok, including 65 percent of Magnet hospitals. SSI Group (Mobile, Ala.). SSI Group provides revenue cycle management solutions and analytics to partnering healthcare providers, payers and ASCs. The company’s product suite covers …

TriZetto Provider Solutions

210+ healthcare revenue cycle companies to know | 2019 | Becker’s Hospital Review | 4/20/2019

… to patient portals and customer service capabilities as well as EMR and hospital IS integration, collection strategies, and reporting capabilities. InstaMed (Philadelphia). InstaMed provides a payment platform that processes tens of billions of dollars in … ability to pay and likelihood to qualify for financial aid. TriZetto Provider Solutions, A Cognizant Company (Englewood, Colo.). TriZetto Provider Solutions leverages industry-leading solutions to provide comprehensive revenue cycle management services to help organizations …

Experian Health

210+ healthcare revenue cycle companies to know | 2019 | Becker’s Hospital Review | 4/20/2019

… Change Healthcare team has 2,100 payer connections and 5,500 hospital connections across the country. In January, Change Healthcare partnered with Experian Health to tackle challenges in accurate patient identification across care settings. The company also … EMR and hospital IS integration, collection strategies, and reporting capabilities. InstaMed (Philadelphia). InstaMed provides a payment platform that processes tens of billions of dollars in healthcare payments annually. The company’s network connects around two-thirds …

eSolutions

210+ healthcare revenue cycle companies to know | 2019 | Becker’s Hospital Review | 4/20/2019

… grade protection while complying with regulatory requirements. Founded in 2001, the privately held company delivers tailored services to midsized enterprises. eSolutions (Overland Park, Kan.). ESolutions provides Medicare accounts receivable reduction services for health systems nationwide … EMR and hospital IS integration, collection strategies, and reporting capabilities. InstaMed (Philadelphia). InstaMed provides a payment platform that processes tens of billions of dollars in healthcare payments annually. The company’s network connects around two-thirds …

JP Morgan

4 healthcare innovation events that should be on your radar in 2020 | MedCity News | 11/7/2019

As you map out your communication and marketing goals for 2020, keep this roster of MedCity healthcare innovation events in mind. 7, 2019 at 3:30 PM Shares 0 It has been another busy year for M&A in health tech and life sciences, from Allscripts acquisition of specialty drug platform ZappRx, UnitedHealth Group’s purchase of PatientsLikeMe, JP Morgan’s acquisition of medical billing business InstaMed, Bristol-Myers Squibb’s deal to buy …

Waystar continues buying spree with acquisition of prior authorization company Digitize.AI | FierceHealthcare | 7/12/2019

Bain also has hired JP Morgan Securities and Deutsche Bank for financial advice, according to Buyout. Waystar has in the past contemplated an initial public offering, sources told Buyout. Waystar could attract interest from companies … executive said. RELATED: JPMorgan to buy healthcare payments technology firm InstaMed Currently, prior authorization is largely a manual process that’s both time-consuming and error-prone, resulting in a $30 billion annual cost in wrongful …

Goldman Sachs

Amazon, JPMorgan, and Berkshire Hathaway’s health insurance JV is expanding to cover more employees | Business Insider | 11/5/2019

… InstaMed, which we theorized could potentially help build a more consumer-friendly payments platform for Haven users. See the rest of the story at Business Insider See Also: Monzo has emerged as a UK neobank leader holding more than 50% of the market THE PAYMENTS GATEWAYS REPORT: The opportunity, standout players, and winning strategies in the online payments processing market Goldman Sachs lent out approximately $10 billion to Apple Card …

JPMorgan Chase’s CEO is hunting for the bank’s next acquisition — and we think a US neobank could be the target (JPM) | Business Insider | 7/16/2019

… one more big one before I’m done,” according to Bloomberg. The news comes after the bank acquired healthcare payments company InstaMed for $500 million in May. Business Insider Intelligence Since the financial crisis in 2008 … their financial situations improve over the course of their lives. Goldman Sachs bought United Capital for $750 million. Goldman announced it would expand its wealth management business with a purchase of investment advisor United Capital …

Zacks Equity Research

The Zacks Analyst Blog Highlights: Facebook, JPMorgan Chase, Royal Dutch Shell, Starbucks and Celgene | Yahoo News | 11/5/2019

The Zacks Analyst Blog Highlights: Facebook, JPMorgan Chase, Royal Dutch Shell, Starbucks and Celgene Zacks Equity Research Reblog For Immediate Release Chicago, IL – November 5, 2019 – Zacks.com announces the list of stocks featured in the … The Zacks analyst believes that decent loan demand, acquisition of InstaMed, opening of new branches and focus on strengthening credit card business will aid financials amid the Fed’s accommodative policy. The company has an impressive …

The Zacks Analyst Blog Highlights: Facebook, JPMorgan Chase, Royal Dutch Shell, Starbucks and Celgene | 11/5/2019

… Release Chicago, IL – November 5, 2019 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial … The Zacks analyst believes that decent loan demand, acquisition of InstaMed, opening of new branches and focus on strengthening credit card business will aid financials amid the Fed’s accommodative policy. The company has an impressive …

JP Morgan Chase

Luisa Beltran wrote a new post, PE HUB Healthcare Wire Highlights, 8.29.19, on the site PE Hub | 8/29/2019

InstaMed . In May, JP Morgan Chase agreed to buy the healthcare payments company for about $600 million. VPAY, which is also on the block ( FTV Capital is the seller), may surpass this transaction. I’m hearing some interesting things about this process. What do you know, Hubsters? August is always slow for everything , M&A included, but there was still activity in private equity healthcare this week. One of the more …

The Big Money is Betting on Healthcare and What That Means for Providers and Patients: Healthcare Industry Analysis by Loyale Healthcare | PRWeb | 6/5/2019

JP Morgan Chase buying medical payments technology firm InstaMed to push more deeply into the $3.5 trillion market for U.S. health-care spending. JP Morgan is paying more than $500 million for the business, making it the lender’s largest takeover since buying Bear Stearns and the bank assets of Washington Mutual in 2008, according to people with knowledge of the situation. The move shows that the nation’s largest bank views …

BB&T

JPMorgan Chase’s CEO is hunting for the bank’s next acquisition — and we think a US neobank could be the target (JPM) | Business Insider | 7/16/2019

InstaMed for $500 million in May. Business Insider Intelligence Since the financial crisis in 2008, federal regulators have been working — sometimes privately — to constrain big banks from swelling even further, but the Trump administration has rolled back or softened enforcement of banking restrictions. Greater leeway for banks has led to several high-profile mergers in recent years: BB&T announced a $28 billion tie-up with SunTrust. The union of …

JPMorgan Expands Into Healthcare Payments, to Buy InstaMed - May 20, 2019 - Zacks.com | 5/20/2019

… to expand its reach into lucrative U.S. healthcare payments market, JPMorgan ( JPM - Free Report ) has inked a deal to acquire InstaMed. Though the financial terms of the deal were not disclosed, CNBC reported the value … aimed at diversifying operations amid a tough operating backdrop. Further, BB&T’s ( BBT - Free Report ) planned takeover of SunTrust in “merger of equals” deal will likely give significant competition to the big banks including JPMorgan …

Morgan Stanley

JPMorgan Chase’s CEO is hunting for the bank’s next acquisition — and we think a US neobank could be the target (JPM) | Business Insider | 7/16/2019

… one more big one before I’m done,” according to Bloomberg. The news comes after the bank acquired healthcare payments company InstaMed for $500 million in May. Business Insider Intelligence Since the financial crisis in 2008 … In June, the combined entity’s name was announced as Truist. Morgan Stanley purchased Solium Capital Inc. for $900 million.Days after the announcement of BB&T and SunTrust’s merger, Morgan Stanley purchased Solium, which manages the …

The Big Money is Betting on Healthcare and What That Means for Providers and Patients: Healthcare Industry Analysis by Loyale Healthcare | PRWeb | 6/5/2019

… the Healthcare Industry A point in fact is the recent announcement of JP Morgan Chase buying medical payments technology firm InstaMed to push more deeply into the $3.5 trillion market for U.S. health-care spending … be long before other high-profile banks like Goldman Sachs, Morgan Stanley , Citigroup , Bank of America and others enter the fray. Possible acquisition targets will be handicapped by their ability to feed financial services platforms …

Bain Capital Ventures

Health IT companies Datica, Sansoro Health merge | FierceHealthcare | 6/27/2019

… enhanced, secure solutions at lower cost and with greater speed to market.” RELATED: JPMorgan to buy healthcare payments technology firm InstaMed “We’ve had great success partnering with both Sansoro Health and Datica for data integration … compliant, cloud-based digital health solutions,” Yumin Choi, partner at Bain Capital Ventures, said in a statement. “Healthcare’s growing adoption of the cloud is inevitable, and that means increased use of patient data. We are …

Health IT companies Datica, Sansoro Health merge | FierceHealthcare | 6/26/2019

… enhanced, secure solutions at lower cost and with greater speed to market.” RELATED: JPMorgan to buy healthcare payments technology firm InstaMed “We’ve had great success partnering with both Sansoro Health and Datica for data integration … compliant, cloud-based digital health solutions,” Yumin Choi, partner at Bain Capital Ventures, said in a statement. “Healthcare’s growing adoption of the cloud is inevitable, and that means increased use of patient data. We are …

Citigroup

Here’s Why JPMorgan (JPM) Stock is a Solid Investment Choice - Nasdaq.com | 6/14/2019

… efforts and solid asset quality. Further, expanding its reach into lucrative U.S. healthcare payments market with a deal to acquire InstaMed will go a long way in supporting profitability. However, a slowdown in mortgage banking … Other Bank Stocks to Consider Current-year earnings estimates for Citigroup C have been revised 2.4% upward over the past 60 days. Further, the company’s shares have gained 28.9% so far this year. Currently, it …

Here’s Why JPMorgan (JPM) Stock is a Solid Investment Choice - Nasdaq.com | 6/14/2019

… efforts and solid asset quality. Further, expanding its reach into lucrative U.S. healthcare payments market with a deal to acquire InstaMed will go a long way in supporting profitability. However, a slowdown in mortgage banking … Other Bank Stocks to Consider Current-year earnings estimates for Citigroup C have been revised 2.4% Further, the company’s shares have gained 28.9% so far this year. Currently, it carries a Zacks Rank of 2 …

Bear Stearns

The Big Money is Betting on Healthcare and What That Means for Providers and Patients: Healthcare Industry Analysis by Loyale Healthcare | PRWeb | 6/5/2019

InstaMed to push more deeply into the $3.5 trillion market for U.S. health-care spending. JP Morgan is paying more than $500 million for the business, making it the lender’s largest takeover since buying Bear Stearns and the bank assets of Washington Mutual in 2008, according to people with knowledge of the situation. The move shows that the nation’s largest bank views the fast-changing world of payments as a …

JPMorgan Chase, Health Care And The ‘New’ Modern Corporation - JPMorgan Chase & Co. (NYSE:JPM) | Seeking Alpha | 5/20/2019

InstaMed for over $500m, the bank’s biggest acquisition since the height of the financial crisis, according to a person with knowledge of the matter.” This is the bank’s biggest takeover since it bought investment bank Bear Stearns and the retail banking assets of Washington Mutual in 2008. So the commitment is not just an interesting one, but JPMorgan backs up its importance because it is willing to commit so much …

J.P. Morgan Chase

JP Morgan buys InstaMed in biggest acquisition since financial crisis | CNBC | 5/17/2019

JP Morgan buys health-care payments firm InstaMed in the bank’s biggest acquisition since the financial crisis Published Fri, May 17 2019 10:01 AM EDT Updated Fri, May 17 2019 1:35 PM EDT Hugh Son @hugh_son Key Points J.P. Morgan Chase is buying medical payments technology firm InstaMed to push more deeply into the $3.5 trillion market for U.S. health-care spending. The deal for more than $500 million …

JP Morgan buys health-care payments firm InstaMed in the bank’s biggest acquisition since the financial crisis | Yahoo News | 5/17/2019

J.P. Morgan Chase is buying medical payments technology firm InstaMed to push more deeply into the $3.5 trillion market for U.S. health-care spending. The bank agreed on Friday to purchase the Philadelphia-based company of about 300 employees that processed $94 billion in transactions last year, according to the two companies. J.P. Morgan is paying more than $500 million for the business, making it the lender’s largest takeover since …

UnitedHealthcare

Amazon, JPMorgan, and Berkshire Hathaway’s health insurance JV is expanding to cover more employees | Business Insider | 11/5/2019

… to disrupt the healthcare industry across the board. In May, JPMorgan shelled out $500 million to buy health payments firm InstaMed, which we theorized could potentially help build a more consumer-friendly payments platform for … threat to big-name payers dominating the insurance market, like UnitedHealthcare, which boasts 50 million members. Now, Haven is testing how its members respond to improved transparency and better patient-provider relationships. Haven's …

Waystar continues buying spree with acquisition of prior authorization company Digitize.AI | FierceHealthcare | 7/12/2019

… firm has held early-stage discussions about a potential sale of the business, citing people familiar with the matter. RELATED: UnitedHealthcare agrees to $3.2B deal to acquire payments firm Equian Bain also has hired JP … executive said. RELATED: JPMorgan to buy healthcare payments technology firm InstaMed Currently, prior authorization is largely a manual process that’s both time-consuming and error-prone, resulting in a $30 billion annual cost in wrongful …

Bill Marvin

Inside JPMorgan’s $500 million bet on healthcare payments: the CEO of InstaMed says it’s seeing record sales since being acquired by the Wall Street giant | Business Insider | 7/24/2020

Healthcare payments startup InstaMed is booming amid the coronavirus pandemic. InstaMed was acquired by JPMorgan a year ago for $500 million. At the time, it was the bank's biggest acquisition since the global … our strongest bookings ever and closed our largest deal ever,” Bill Marvin, the CEO of InstaMed, told Business Insider. Read more: A Mastercard exec lays out how a surge in contactless payments is giving the …

InstaMed Announces Keynote Speakers for the InstaMed Healthcare Payments Summit 2020 | Business Wire | 12/10/2019

PHILADELPHIA- InstaMed , a J.P. Morgan company, announced today the keynote speakers for the InstaMed Healthcare Payments Summit 2020. Legendary tennis player and social justice champion Billie Jean King will deliver the opening keynote. King brings … and connections they need to drive change and innovation,” said Bill Marvin, President and CEO of InstaMed. “I am excited that Billie Jean King and Joe Mull will be part of the InstaMed Healthcare Payments …

Jamie Dimon

Amazon, JPMorgan, and Berkshire Hathaway’s health insurance JV is expanding to cover more employees | Business Insider | 11/5/2019

… s most concrete step toward scaling up since its inception last year. Business Insider Intelligence Back in June, JPMorgan CEO Jamie Dimon confirmed the goal is to eventually push Haven into the $670 billion private … JPMorgan shelled out $500 million to buy health payments firm InstaMed, which we theorized could potentially help build a more consumer-friendly payments platform for Haven users. Meanwhile, Amazon debuted Amazon Care , a virtual care …

Amazon, JPMorgan, and Berkshire Hathaway’s health insurance JV is expanding to cover more employees | Business Insider | 11/5/2019

… of benefits, marking Haven’s most concrete step toward scaling up since its inception last year. Back in June, JPMorgan CEO Jamie Dimon confirmed the goal is to eventually push Haven into the $670 billion private … JPMorgan shelled out $500 million to buy health payments firm InstaMed, which we theorized could potentially help build a more consumer-friendly payments platform for Haven users. See the rest of the story at Business …

Luisa Beltran

Luisa Beltran wrote a new post, PE HUB Healthcare Wire Highlights, 8.29.19, on the site PE Hub | 8/29/2019

… and Elliot Management agreed to buy the US healthcare software maker for $5.7 billion. The deal closed in February. When it comes to fintech deals in healthcare, the largest transaction so far is InstaMed . In May, JP Morgan Chase agreed to buy the healthcare payments company for about $600 million. VPAY, which is also on the block ( FTV Capital is the seller), may surpass this transaction. I’m hearing some interesting …

PE HUB Wire Highlights, 5.21.19 | 5/21/2019

PE HUB Wire Highlights, 5.21.19 May 21, 2019 Print Email Photo of Luisa Beltran, PE HUB Senior Editor, courtesy of Buyouts Insider. Warburg said in talks for NCR; Carlyle explores secondaries process for Africa fund … reported . In other deals, we have an update on the InstaMed sale . JP Morgan is buying the healthcare payments company that many — including me — were obsessed with recently. There were three runner ups in the …

Chris Seib

NextUp: How InstaMed Is Making Healthcare Payments More Efficient | 8/12/2019

Sign up to stay on top of Philly’s growing health innovation scene. The founders of InstaMed, Chris Seib and Bill Marvin. “NextUp” is a weekly NextHealth PHL feature that highlights the local leaders, organizations and research shaping the Greater Philadelphia region’s life sciences ecosystem. Email [email protected] with pitches for NextUp. Who: For millions of Americans, the 2003 Medicare Modernization Act, a federal overhaul to Medicare that created Health Savings …

Monday Morning Update 5/20/19 | HISTalk | 5/19/2019

May 19, 2019 News No Comments Top News JP Morgan Chase will acquire medical payments platform vendor InstaMed for more than $500 million. It’s the bank’s largest acquisition since the 2008 financial collapse, when it … raised $134 million in funding. Co-founders Bill Marvin and Chris Seib were previously with Accenture. The 300-employee, Philadelphia-based company processed $94 billion in transactions last year …

Takis Georgakopoulos

The Big Money is Betting on Healthcare and What That Means for Providers and Patients: Healthcare Industry Analysis by Loyale Healthcare | PRWeb | 6/5/2019

… the Healthcare Industry A point in fact is the recent announcement of JP Morgan Chase buying medical payments technology firm InstaMed to push more deeply into the $3.5 trillion market for U.S. health-care spending … portion of the $3.5 trillion market more quickly. According to Takis Georgakopoulos, the bank’s head of wholesale payments, the decision was based on the vast size and complexity of the market: U.S. health spending which …

JPMorgan Expands Into Healthcare Payments, to Buy InstaMed - May 20, 2019 - Zacks.com | 5/20/2019

… to expand its reach into lucrative U.S. healthcare payments market, JPMorgan ( JPM - Free Report ) has inked a deal to acquire InstaMed. Though the financial terms of the deal were not disclosed, CNBC reported the value … processes approximately $6 trillion of payments on a daily basis. Takis Georgakopoulos, JPMorgan’s Global Head of Wholesale Payments, said, “We’ve made significant investments in our Wholesale Payments business over the years and this acquisition will …

Michael Abrams

JPMorgan’s $500 million InstaMed buy could hint at its JV plans (JPM) | Business Insider | 5/21/2019

… venture (JV) dubbed Haven alongside fellow corporate behemoths Amazon and Berkshire Hathaway — snapped up Philadelphia-based healthcare payments tech firm InstaMed for over $500 million, per CNBC. Business Insider Intelligence While the Haven troika’s stayed … the sum of its parts,” managing partner of Numerof & Associates Michael Abrams told FierceHealthcare. Amazon, for example, began marketing PillPack to Prime members — and if PillPack is bundled into Haven, the JV’s employees could have …

Amazon, Berkshire Hathaway, JPMorgan-backed Haven loses COO | Modern Healthcare | 5/17/2019

InstaMed, a healthcare technology company that aims to eliminate paper billing while improving the consumer-patient experience and lower collection costs. The deal was announced Friday. A payment-processing solution, which is a case study in bureaucracy and inefficiency in healthcare, aligns with JPMorgan’s operations, said Michael Abrams, managing partner of healthcare consultancy Numerof & Associates. While InstaMed will serve JPMorgan well in the short term, it may use Haven as …

Joe Bell

Cooperative Exchange, the National Clearinghouse Association Elects 2018 New Board of Directors | PR Newswire | 12/20/2017

… The Association would like to announce their newly elected Board effective Jan. 1, 2018 . Board Officers: Chairman of the Board - Joe Bell , Senior Program Manager, Product Strategy, eSolutions Inc. Vice Chair - Crystal Ewing , Manager, Data … CONDUENT, Dorado Systems, eProvider Solutions, eSolutions, Experian Health, Greenway Health, InstaMed, Jopari Solutions, Inc., Mitchell International, NextGen Healthcare, OfficeAlly, OptumInsight, PNC Bank, PracticeInsight, Smart Data Solutions, The SSI Group, Trizetto Provider Solutions, Utah Health Information …

Cooperative Exchange, the National Clearinghouse Association Elects 2018 New Board of Directors | PR Newswire | 12/20/2017

… would like to announce their newly elected Board effective Jan. 1, 2018 . Board Officers: Cooperative Exchange Chairman of the Board - Joe Bell , Senior Program Manager, Product Strategy, eSolutions Inc. Vice Chair - Crystal Ewing , Manager, Data … CONDUENT, Dorado Systems, eProvider Solutions, eSolutions, Experian Health, Greenway Health, InstaMed, Jopari Solutions, Inc., Mitchell International, NextGen Healthcare, OfficeAlly, OptumInsight, PNC Bank, PracticeInsight, Smart Data Solutions, The SSI Group, Trizetto Provider Solutions, Utah Health Information …

Crystal Ewing

Cooperative Exchange, the National Clearinghouse Association Elects 2018 New Board of Directors | PR Newswire | 12/20/2017

… Jan. 1, 2018 . Board Officers: Chairman of the Board - Joe Bell , Senior Program Manager, Product Strategy, eSolutions Inc. Vice Chair - Crystal Ewing , Manager, Data Integrity, Zirmed Treasurer - Kathy Sites , Manager, Payer Implementations, Availity, LLC. Secretary … CONDUENT, Dorado Systems, eProvider Solutions, eSolutions, Experian Health, Greenway Health, InstaMed, Jopari Solutions, Inc., Mitchell International, NextGen Healthcare, OfficeAlly, OptumInsight, PNC Bank, PracticeInsight, Smart Data Solutions, The SSI Group, Trizetto Provider Solutions, Utah Health Information …

Cooperative Exchange, the National Clearinghouse Association Elects 2018 New Board of Directors | PR Newswire | 12/20/2017

… 2018 . Board Officers: Cooperative Exchange Chairman of the Board - Joe Bell , Senior Program Manager, Product Strategy, eSolutions Inc. Vice Chair - Crystal Ewing , Manager, Data Integrity, Zirmed Treasurer - Kathy Sites , Manager, Payer Implementations, Availity, LLC. Secretary … CONDUENT, Dorado Systems, eProvider Solutions, eSolutions, Experian Health, Greenway Health, InstaMed, Jopari Solutions, Inc., Mitchell International, NextGen Healthcare, OfficeAlly, OptumInsight, PNC Bank, PracticeInsight, Smart Data Solutions, The SSI Group, Trizetto Provider Solutions, Utah Health Information …

Debbi Meisner

Cooperative Exchange, the National Clearinghouse Association Elects 2018 New Board of Directors | PR Newswire | 12/20/2017

… Strategy, eSolutions Inc. Vice Chair - Crystal Ewing , Manager, Data Integrity, Zirmed Treasurer - Kathy Sites , Manager, Payer Implementations, Availity, LLC. Secretary - Debbi Meisner , Vice President Regulatory Compliance, ChangeHealthcare Immediate Past Chair - Sherry Wilson , EVP and Chief … CONDUENT, Dorado Systems, eProvider Solutions, eSolutions, Experian Health, Greenway Health, InstaMed, Jopari Solutions, Inc., Mitchell International, NextGen Healthcare, OfficeAlly, OptumInsight, PNC Bank, PracticeInsight, Smart Data Solutions, The SSI Group, Trizetto Provider Solutions, Utah Health Information …

Cooperative Exchange, the National Clearinghouse Association Elects 2018 New Board of Directors | PR Newswire | 12/20/2017

… Strategy, eSolutions Inc. Vice Chair - Crystal Ewing , Manager, Data Integrity, Zirmed Treasurer - Kathy Sites , Manager, Payer Implementations, Availity, LLC. Secretary - Debbi Meisner , Vice President Regulatory Compliance, ChangeHealthcare Immediate Past Chair - Sherry Wilson , EVP and Chief … CONDUENT, Dorado Systems, eProvider Solutions, eSolutions, Experian Health, Greenway Health, InstaMed, Jopari Solutions, Inc., Mitchell International, NextGen Healthcare, OfficeAlly, OptumInsight, PNC Bank, PracticeInsight, Smart Data Solutions, The SSI Group, Trizetto Provider Solutions, Utah Health Information …

Doreen Espinoza

Cooperative Exchange, the National Clearinghouse Association Elects 2018 New Board of Directors | PR Newswire | 12/20/2017

… Compliance, ChangeHealthcare Immediate Past Chair - Sherry Wilson , EVP and Chief Compliance Officer, Jopari Solutions Inc. Returning Appointed At-Large Directors: Doreen Espinoza , Vice President of Regulatory Affairs and Privacy Officer, UHIN Newly Elected At-Large … CONDUENT, Dorado Systems, eProvider Solutions, eSolutions, Experian Health, Greenway Health, InstaMed, Jopari Solutions, Inc., Mitchell International, NextGen Healthcare, OfficeAlly, OptumInsight, PNC Bank, PracticeInsight, Smart Data Solutions, The SSI Group, Trizetto Provider Solutions, Utah Health Information …

Cooperative Exchange, the National Clearinghouse Association Elects 2018 New Board of Directors | PR Newswire | 12/20/2017

… Compliance, ChangeHealthcare Immediate Past Chair - Sherry Wilson , EVP and Chief Compliance Officer, Jopari Solutions Inc. Returning Appointed At-Large Directors: Doreen Espinoza , Vice President of Regulatory Affairs and Privacy Officer, UHIN Newly Elected At-Large … CONDUENT, Dorado Systems, eProvider Solutions, eSolutions, Experian Health, Greenway Health, InstaMed, Jopari Solutions, Inc., Mitchell International, NextGen Healthcare, OfficeAlly, OptumInsight, PNC Bank, PracticeInsight, Smart Data Solutions, The SSI Group, Trizetto Provider Solutions, Utah Health Information …