Healthcare payments market continues to expand.
InstaMed a leading Healthcare Payments Network, announced this week that it has raised $14 million in new capital. More than 90 percent of InstaMed’s existing investors participated, representing broad and sustained participation from the east and west coasts. The new capital included funding from five funds, including one new fund, and angels.
Proceeds will be invested in scaling InstaMed’s network infrastructure and operations, and to support the new growth of the payer segment on the InstaMed Network.
Click here to view the entire InstaMed press release.
InstaMed’s new capital funding is proof that the healthcare payments market continues to expand. PayStream Advisors is currently working on an upcoming report titled Healthcare Electronic Billing & Payments that will provide valuable insights into the emerging trends currently facing the Healthcare payments market. The report is slated for publication in Q3 2012.