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InstaMed Achieves Core Phase II Certification to Streamline Provider Access to Consistent Electronic Eligibility and Claim Status
Date:12/22/2009

PHILADELPHIA, Dec. 22 /PRNewswire/ -- InstaMed, the industry leading healthcare payments network and platform, announced today that it has achieved CAQH® Committee on Operating Rules for Information Exchange (CORE®) Phase II rules certification for its InstaMed Platform and Network product.

The InstaMed Platform and Network product achieved CORE Phase I certification in June of this year. Phase II certification allows the company to deliver increased access to a significantly expanded set of consistent patient administrative information in response to electronic inquiries, such as real-time eligibility and claim status. This data is critical to initiating and completing the healthcare payment cycle.

Bill Marvin, President and CEO of InstaMed stated, "CORE Phase II certification solidifies our commitment to improving electronic data exchange. This accomplishment demonstrates our innovation and leadership, as we are one of the first clearinghouses to achieve this level of certification."

A nonprofit alliance of health plans and trade associations, CAQH launched CORE to create an industry driven solution that supports all payers and enables consistent provider access to patient insurance information before or at the time of service using any electronic system. The organization has brought together more than 100 industry stakeholders, including InstaMed, to collaborate on its multi-phase set of uniform business rules to achieve that g
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