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Bridge Bank Provides Financing Support to Healthcare Payments Platform

September 01, 2017, 07:09 AM
Filed Under: Medical

InstaMed, a healthcare payments network, announced that it has expanded its credit facility through a new banking relationship with Bridge Bank. The new partnership will support the accelerated growth of the InstaMed Network of providers, payers and consumers.

"The InstaMed Network is connecting providers, payers and consumers across the U.S., including every national and regional payer and 9 out of the top 10 children’s hospitals,” said Bill Marvin, President and CEO of InstaMed. “We are excited to partner with Bridge Bank to continue the momentum of the InstaMed Network and support InstaMed’s mission to simplify the healthcare payments experience for all users.”

"At Bridge Bank, we are committed to designing financial solutions for companies that have the potential to transform business as usual,” said Matt Klinger, Senior Vice President of Bridge Bank’s Mid-Atlantic technology banking group. “The healthcare industry is ripe with opportunities to disrupt the status quo and create a better way to do business, and InstaMed is doing that. All of us at Bridge Bank look forward to InstaMed’s continued growth and success.”

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