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Instamed Network Funding Agreement

Instamed is a leading healthcare payment network that provides electronic payment solutions to healthcare providers and payers across the United States. Recently, the company announced that it has secured a significant amount of funding through its network funding agreement, which is aimed at expanding its services and advancing its technology.

The funding arrangement, which was led by Carrick Capital Partners and included participation from Clearlake Capital Group and Dragoneer Investment Group, will provide Instamed with access to the necessary resources to accelerate its growth strategy. The company intends to use the funds to enhance its payment platform, expand its offerings, and continue to invest in its team and culture.

Instamed has established itself as a trusted and reliable partner for healthcare organizations looking for secure and efficient payment solutions. Its payment platform is designed to simplify the billing and payment processes, improve cash flow, and reduce administrative costs.

One of the key advantages of Instamed`s solution is its ability to handle multiple payment types, such as credit cards, debit cards, and automated clearinghouse (ACH) transactions. This flexibility enables healthcare providers and payers to accept payments from patients and insurance companies in a variety of formats, making it easier for all parties to conduct business.

In addition to its payment solution, Instamed also offers a suite of other services, including patient eligibility verification, claims management, and patient billing. By providing a comprehensive suite of services, Instamed is able to offer a one-stop-shop for healthcare organizations looking to streamline their payment processes and improve their bottom line.

The company`s network funding agreement is a testament to its success and potential for future growth. With the support of its investors, Instamed is well-positioned to continue to expand its services, enhance its technology, and provide healthcare organizations with the tools they need to succeed.

In conclusion, Instamed`s network funding agreement is a significant milestone for the company and the healthcare industry as a whole. The investment will enable Instamed to continue to innovate and provide high-value payment solutions to its growing list of customers. As a professional, it is important to highlight the benefits of Instamed`s solution and the potential impact it can have on healthcare organizations looking to optimize their payment processes.