InstaMed has processed $60B in healthcare payments

The Center City based electronic payment company that aims to streamline healthcare reimbursements has processed $60 billion in healthcare payments and raised more than $34 million since founding in 2004.

By:

Juliana Reyes, @juliana_f_reyes

Mar 24, 2013 9:00am

The Center City building that houses InstaMed. Photo from InstaMed's website.

InstaMed, the electronic payment company that aims to streamline healthcare reimbursements, has processed $60 billion in healthcare payments, the Philadelphia Inquirer reported. The Center City-based company has raised $34 million since 2004 and now employs 100, according to the Inquirer. Two-thirds of its staff work out of its Philadelphia office, while the rest work out of a Newport Beach, Calif. office.

Read the whole Inquirer article here.

Companies: InstaMed

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