# InstaMed a J.P. Morgan company

> InstaMed connects healthcare providers, insurers and patients through a payment network and cloud software. Part of J.P. Morgan Healthcare Payments, it combines patient billing and collections, insurer payments, remittance information and integrations with healthcare systems.

- **Founded:** 2004
- **Headquarters:** Philadelphia, United States
- **Founders:** Bill Marvin (Co-founder; founding CEO), Chris Seib (Co-founder; founding CTO)
- **Products:** InstaMed Online for Providers, InstaMed Online for Payers, InstaMed Connect, Auto Payment Collect, Integrated ERA/EFT
- **Notable:** JPMorgan Chase completed its acquisition on July 24, 2019., Sierra Pacific Orthopedics reported 80% automated patient collections and a 35% decrease in bad debt., Fresno Surgical Hospital reported $50,000 annual automation savings and $300,000 annual bad-debt reduction.

## Products & services

- **InstaMed Online for Providers** — Cloud portal for payment workflows, reporting and transaction management.
- **InstaMed Online for Payers** — Cloud portal for payer payment operations, financial monitoring and reconciliation.
- **InstaMed Connect** — Gateway API for embedding payment and healthcare transaction capabilities in existing systems.
- **Auto Payment Collect** — Saved-payment-method collection of patient responsibility after claim adjudication.
- **Integrated ERA/EFT** — Electronic remittance advice and electronic funds transfers from participating payers.
- **Patient billing and payments** — Statements, digital wallets, online payments and payment-plan tools.
- **Premium Payments** — Insurance premium payment tools for members, brokers and employer groups.
- **InstaMed Insight** — Payment dashboards, reporting and custom insights.
- **Greenway Health Pay** — InstaMed-powered patient payments integrated with Greenway systems.

## Achievements

- JPMorgan Chase completed its acquisition on July 24, 2019.
- Sierra Pacific Orthopedics reported 80% automated patient collections and a 35% decrease in bad debt.
- Fresno Surgical Hospital reported $50,000 annual automation savings and $300,000 annual bad-debt reduction.
- Knoxville Orthopaedic Clinic’s 2026 case study reported a 10% reduction in print costs.

## Latest updates

- **—** — Published customer material quotes Knoxville Orthopaedic Clinic’s patient financial services director in 2026; outcomes include 10% lower print costs. Exact publication month is not stated.
- **2025-12** — Jopari and J.P. Morgan announced electronic claim payment collaboration incorporating InstaMed expertise.
- **2024-07** — Greenway Health announced Greenway Health Pay powered by InstaMed.

## Links

- Website: https://www.instamed.com/
- LinkedIn: https://www.linkedin.com/company/instamed/
- Twitter/X: https://twitter.com/InstaMed
- Facebook: https://www.facebook.com/instaMed

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Profile page: https://yespress.io/instamed-a-jp-morgan-company
Published by YesPress — https://yespress.io
Last updated: 2026-10-25