PHILADELPHIA & NEWPORT BEACH, Calif.--(BUSINESS WIRE)--InstaMed, healthcare’s most trusted payments network, has been selected by Dayton Children’s, a multi-specialty pediatric hospital in Dayton, OH, as the organization’s healthcare payments solution. Dayton Children’s will be the first healthcare organization to leverage InstaMed’s Healthcare Payments P2PE solution, the only PCI-validated P2PE v2.0 solution that was specifically built for healthcare.
With almost 300,000 visits every year and more information exchanges happening online, Dayton Children’s sought new and better ways to protect the personal and financial information of patients and their guarantors. Cybercriminals target healthcare more than any other industry according to the IBM® X-Force® Research 2016 Cyber Security Intelligence Index. By leveraging InstaMed’s Healthcare Payments P2PE, Dayton Children’s ensures that it is protecting patient and guarantor information with the most advanced and rigorously audited technology in the industry.
Dayton Children’s also wanted to deliver a simple and consumer-friendly healthcare payment experience that eliminated any additional stress for guarantors. InstaMed delivers an omnichannel payment approach that fully integrates into Dayton Children’s electronic health record (EHR) system, Epic. This integrated, streamlined workflow increases operational efficiency for staff while delivering a seamless payment experience for guarantors.
“Safety is our top priority at Dayton Children’s,” said Beth Hunkeler, CIO at Dayton Children’s. “That extends from our front door to the patient room to mom’s or dad’s computer at home. InstaMed’s Healthcare Payments P2PE Validated solution allows us to ensure that our families’ payment information is the safest it can possibly be, while also making the process easy and seamless.”
“There’s a strong demand from all healthcare payment stakeholders for a better payment experience, and payment security is a critical component of this,” said Bill Marvin, President and CEO of InstaMed. “We are thrilled to expand our relationship with Dayton Children’s to deliver the most secure patient payments solution in the industry while improving the payment experience and efficiency for their guarantors and staff. Serving the needs of children’s hospitals and the incredible work they do is a special mission for me and for all of the employees at InstaMed. We are proud that 10 of the top 11 ranked children’s hospitals in the country are on the InstaMed Network.”
InstaMed is healthcare’s most trusted payments network, connecting providers, payers and consumers on one platform. The InstaMed Network connects over two-thirds of the market and processes tens of billions of dollars in healthcare payments annually. InstaMed reduces the risks, costs and complexities of working with multiple payment vendors by delivering one platform for all forms of payment in healthcare, designed and developed on one code base and supported by one onshore team of experts in healthcare payments. InstaMed enables providers to collect more money from patients and payers while reducing the cost and time to collect. InstaMed allows payers to cut settlement and disbursement costs with electronic payments and facilitate consumerism for their members. Visit InstaMed on the web at www.instamed.com.
About Dayton Children’s
One of only 46 independent freestanding children’s hospitals in the country, Dayton Children’s is the region’s only medical facility dedicated to children. Accredited by The Joint Commission and serving 20 Ohio counties and eastern Indiana, the experts at Dayton Children’s care for 300,000 children each year. Consistently recognized as one of the country’s best and most cost-effective pediatric hospitals, Dayton Children’s is home to the Wright State University Boonshoft School of Medicine, Department of Pediatrics and together with the United States Air Force shares the nation’s only civilian-military integrated pediatric training program. For more children’s health and safety information, visit our web site at www.childrensdayton.org.