InstaMed has processed $60B in healthcare payments

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.