Show rating breakdown
Save to My Lists
Claimed
Claimed

Top Rated InstaMed Alternatives

InstaMed Reviews & Product Details

SL
administrator
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about InstaMed?

Improve the consumer experience and drive digital engagement. Simplify complex payment processes on one platform. Superior payment integration into any health IT system. You can pay all your bills in one place and access anywhere.

Review collected by and hosted on G2.com.

What do you dislike about InstaMed?

I dislike the private cloud based management. The price isn't the most affordable. Review collected by and hosted on G2.com.

Recommendations to others considering InstaMed:

It can be accessed anywhere. It keeps your healthcare and financial date safe & secure. It simplifies your healthcare bill payments. It creates a digital wallet and helps payment in seconds. Review collected by and hosted on G2.com.

What problems is InstaMed solving and how is that benefiting you?

Integrates healthcare payments into any healthcare IT application through InstaMed’s API. Manage every healthcare payment transaction in a cloud-based product with role-based security. Review collected by and hosted on G2.com.

InstaMed Overview

What is InstaMed?

InstaMed, a J.P. Morgan company, powers a better healthcare payments experience on one platform that connects consumers, providers and payers for every healthcare payment transaction. InstaMed’s patented, private cloud-based technology securely transforms healthcare payments by driving electronic transactions, processing payments and moving healthcare data seamlessly, and improving consumer satisfaction. Consumers, providers and payers benefit from InstaMed’s exclusive focus on healthcare, integration into any healthcare IT system, robust analytics and proven scale.

InstaMed Details
Show LessShow More
Product Description

One Platform for Both Healthcare and Payment Solutions


Seller Details
HQ Location
New York, NY
Twitter
@jpmorgan
780,051 Twitter followers
LinkedIn® Page
www.linkedin.com
301,278 employees on LinkedIn®
Ownership
NYSE:JPM
Total Revenue (USD mm)
$115,627
Description

JPMorgan Chase is a leading global financial services firm and investment bank, offering a wide range of financial products and services to consumers, businesses, and institutions. With a history dating back to 1799, the company provides services in areas such as asset management, private banking, commercial banking, and investment banking. Headquartered in New York City, JPMorgan Chase operates in over 100 markets worldwide, emphasizing innovation and customer service in its financial solutions. For more information, visit their website at [jpmorganchase.com](https://www.jpmorganchase.com).


DK
Overview Provided by:

Recent InstaMed Reviews

Verified User
U
Verified UserEnterprise (> 1000 emp.)
0.0 out of 5
"DO NOT USE!!!!"
Nothing! What I originally thought would be great turned out to be be totally wrong.
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
0.0 out of 5
"Terrible Customer Service and Poor resolution of problems with payments"
Nothing at all. Payment they issue via virtual credit card are denied by the issuer. Request for resolution result in multiple phone calls, with mu...
Verified User
A
Verified UserSmall-Business (50 or fewer emp.)
0.0 out of 5
"Turnaround time is terrible"
Nothing at all. Representatives completely ignore requests
Security Badge
This seller hasn't added their security information yet. Let them know that you'd like them to add it.
0 people requested security information

InstaMed Media

Answer a few questions to help the InstaMed community
Have you used InstaMed before?
Yes

10 out of 11 Total Reviews for InstaMed

2.7 out of 5
The next elements are filters and will change the displayed results once they are selected.
Search reviews
Popular Mentions
The next elements are radio elements and sort the displayed results by the item selected and will update the results displayed.
Hide FiltersMore Filters
The next elements are filters and will change the displayed results once they are selected.
The next elements are filters and will change the displayed results once they are selected.
10 out of 11 Total Reviews for InstaMed
2.7 out of 5
10 out of 11 Total Reviews for InstaMed
2.7 out of 5
G2 reviews are authentic and verified.
Verified User in Logistics and Supply Chain
UL
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about InstaMed?

Nothing! What I originally thought would be great turned out to be be totally wrong. Review collected by and hosted on G2.com.

What do you dislike about InstaMed?

Everything! So I seen the option to pay the remaining balance to a medical provider using Instamed through Cigna's site. I thought fantastic - easier to keep track of, quick access to receipts...great! Until I started getting notices that the bills I had paid months earlier were not being paid to the provider! It took 2 weeks and everyone pointing the finger at each other - the provider at instamed, instamed at the provider, Cigna at instamed....and it was pure heck! I tried calling Instamed and was on hold for over 30 minutes before I finally decided to submit a support ticket on their online system. I waited almost a week and never received a response. Finally sucked it up and sat on hold until someone finally answered. They then proceeded to tell me the address was listed as incorrect for the provider so all they could do is send me a refund. I though ok finally a resolution! Then came the next kick- I asked when I would get the refund...response "it could be up to 30 days". REALLY???? It takes them less than an hour to take my money, they keep it for 3 months, then another month to get it returned? So now I do not have the money and the provider is threatening collections!

This whole thing has been a nightmare! Avoid this company. Take the time to send it directly to the provider. Review collected by and hosted on G2.com.

What problems is InstaMed solving and how is that benefiting you?

They are supposed to be paying a provider and failed to do so. They held on to my money, that I still do not have back, and claim the refund will take up to another 30 days! They have negatively impacted everything!!!! Review collected by and hosted on G2.com.

Verified User in Health, Wellness and Fitness
UH
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about InstaMed?

Nothing at all. Payment they issue via virtual credit card are denied by the issuer. Request for resolution result in multiple phone calls, with multiple people, and multiple cases opened, and NO RESOLUTION. Review collected by and hosted on G2.com.

What do you dislike about InstaMed?

I have been dealing with Instamed payments since December 2021 and it is now August. Enrolled online, received a welcome letter in February, in March billing company asked that payments be made as direct deposit as the virtual credit cards they issue are declined. In July received another virtual credit card which repeatedly is denied, and when contacting the company multiple times, now told that the corporate ID I provide them, which is documented in an email from them 3/22 is not the same one they have on file, and they refuse to advance in resolving the issue because they insist I am not providing the correct Corporate ID. They have every other piece of information about my practice, including tax ID,NPI, bank information, and still no interest in resolving this issue. Do the insurers who use them understand that the payments issued by Instamed are unusable?? I would caution anyone against using this company, and don't expect help from them if there is a question, you will be lucky to make it out of their voice mail prompt. Review collected by and hosted on G2.com.

What problems is InstaMed solving and how is that benefiting you?

Nothing. Trying to receive Medicare supplement payments owed to my practice and processed through Instamed. Review collected by and hosted on G2.com.

Bess L.
BL
Senior Clinical Informatics Trainer
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about InstaMed?

Instamed is very user friendly and has excellent report capabilities built into the platform. Review collected by and hosted on G2.com.

What do you dislike about InstaMed?

Users easily lock themselves out of their account because the password is case sensitive. They may have created it using lowercase & uppercase letter but by default Instamed's password field has uppercase enabled so everything entered upper case. Review collected by and hosted on G2.com.

Recommendations to others considering InstaMed:

When implementing the product, your organization needs a clear vision of what you want to accomplish, participate in demos, form a solid project team within your organization for engagement purposes. These individuals will need to help you gather information if transitioning from a different system and help with making design decisions for future state. You will need representation on your team from IT/Technical for equipment needs, Patient Accounting for workflow and financial institution information, Patient Access, Marketing for online bill pay, along with super users who can help support end-users on the floor once you go live. Review collected by and hosted on G2.com.

What problems is InstaMed solving and how is that benefiting you?

We are able to collect at patient bedside in our ED department. IT allows for a more efficient workflow. We also now have online bill pay platform that accepts payments across multiple facilities. Patients no longer have to make bill payments in person or via mail. They can DIY on the website or call our accounting department to have them process the payment. We are able to capture better insights using the built in reports and track payments daily/monthly by facility, payment type, etc. Review collected by and hosted on G2.com.

Sarah C.
SC
Teaching Intern
Education Management
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about InstaMed?

its soooo easy to use and save users and get them set up on payment plans - I love this- we used to use sbp and i favor istamed over it bigtime 10 stars - will recommened Review collected by and hosted on G2.com.

What do you dislike about InstaMed?

I can not say that I dislike anything about this platform- it helps tremendously and i can teah others how to use this program without any issues - I cant say anything bad about it Review collected by and hosted on G2.com.

What problems is InstaMed solving and how is that benefiting you?

payment plans are now easier than ever to set up- and reurring paying are taken out of pts accounts seamlesslsy and accounted for - I think its solving problems with missing/collecting payments Review collected by and hosted on G2.com.

Nigel B.
NB
Global Co-head of International Arbitration Group
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about InstaMed?

Appalling service and a scam. Paid through My Cigna app a series of medical invoices in November. They took my money and then weeks later I receive delinquent invoices from the healthcare providers because INstamed has not remitted funds they have already received from me. When I call I wait 11 minutes on hold before an answerphone. The call back person tells me that tokens for payment were sent by US mail (! - so much for high tech) but they can't tell me when they were sent. I ask to speak to a manager and cant. Meanwhile they clain to have refunded for no reason a $300 payment I made (no evidence of refund). They then keep me on hold while they claim to process a refund of payments made three weeks ago that didnt arrive. I have to pay hospitals twice so I am not put on delinquent payers' list as a consequence. Truly shocking. Review collected by and hosted on G2.com.

What do you dislike about InstaMed?

See my last entry. Everything. This is an appalling service. Review collected by and hosted on G2.com.

What problems is InstaMed solving and how is that benefiting you?

I was simply trying an allegedly simple way to pay my medical bills. It has taken me now several hours to understand why money I paid Instamed has not arrived with the providers 3 weeks (and in one case 6 weeks) after I paid Review collected by and hosted on G2.com.

Sarah C.
SC
Medical Specialist
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about InstaMed?

The setup and face of the program are so user-friendly and easy to use. I used to use secure bill pay - wich was more of a hassle - so glad we changed to instamed Review collected by and hosted on G2.com.

What do you dislike about InstaMed?

if I add a guarentor I had trouble changing it- however editing patient accounts seem fairly easy to do and understand. I like that it saved accounts to help faster check out process Review collected by and hosted on G2.com.

What problems is InstaMed solving and how is that benefiting you?

no problems so far - all I can say is that I like this payment portal; it has been the best one I've used thus far - i would highly recommend it!!! I LOVE THIS PROGRAM Review collected by and hosted on G2.com.

Verified User in Facilities Services
AF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about InstaMed?

Nothing at all. Representatives completely ignore requests Review collected by and hosted on G2.com.

What do you dislike about InstaMed?

We have been trying to merge our accounts in Instamed- this process so far has been about 10 months and is still not completed Review collected by and hosted on G2.com.

Recommendations to others considering InstaMed:

If your payer uses this company- good luck Review collected by and hosted on G2.com.

What problems is InstaMed solving and how is that benefiting you?

None. payments are easier to get through our clearinghouse Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care
AH
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about InstaMed?

You can obtain medical billing information. Review collected by and hosted on G2.com.

What do you dislike about InstaMed?

I don't have much to dislike about this product. Review collected by and hosted on G2.com.

Recommendations to others considering InstaMed:

This is a easy to use system. Unlike some other vendors that use third party sites. This one has all important information available. Review collected by and hosted on G2.com.

What problems is InstaMed solving and how is that benefiting you?

I obtain paid medical claims. It allows me to find payment reports as well. Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care
AH
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about InstaMed?

Very easy to navigate to find what you are looking for.

Links take you to the different accounts Review collected by and hosted on G2.com.

What do you dislike about InstaMed?

I would love to see a dashboard or be able to star my favorite areas on the website. Review collected by and hosted on G2.com.

What problems is InstaMed solving and how is that benefiting you?

No problems. Any changes or issues have been resolved quickly. Review collected by and hosted on G2.com.

McKenzie W.
MW
Emergency Department Technician
Hospital & Health Care
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about InstaMed?

I enjoyed the idea and the simple lay out of instamed, and the different options are nice too. Review collected by and hosted on G2.com.

What do you dislike about InstaMed?

I disliked how complicated insurance can be with instamed. Review collected by and hosted on G2.com.

What problems is InstaMed solving and how is that benefiting you?

Instamed solves issues for our patients with giving them a simple option stationed at the hospital with 24 hour access. Review collected by and hosted on G2.com.