Instamed

InstaMed, a J.P. Morgan company, is a leading healthcare payments network that simplifies the clearinghouse and payment transaction process for providers, payers, and consumers. Founded in 2004, the company offers a patented, private cloud-based platform that securely drives electronic transactions, processes payments, and moves healthcare data seamlessly. InstaMed's solutions integrate with leading electronic health records (EHR) and practice management systems to enable omnichannel payment options, reduce collection costs, and eliminate paper billing. Acquired by JPMorgan Chase in 2019 for over $500 million, InstaMed continues to operate as a key component of the bank's wholesale payments division, serving thousands of hospitals, practices, and billing services nationwide.