Pepper Hamilton Represents InstaMed in Acquisition by JPMorgan Chase
JPMorgan Chase & Co. announced that it has closed the acquisition of InstaMed, a leader in the health care payments industry. InstaMed Holdings, Inc. will operate as a subsidiary of JPMorgan Chase Bank, N.A.
The acquisition will deliver significant benefits to clients of both InstaMed and JPMorgan Chase. It will:
- Deliver InstaMed’s innovative health care payments solution using the scale and strength of JPMorgan Chase and its vast payments capabilities
- Create a better experience for providers, payers, and consumers, all of whom seek an easier, more convenient system
- Drive electronic health care payment transactions and eliminate the friction of paper and manual processes
- Answer consumer demands for a health care payments experience that is simple and convenient.
InstaMed was represented in the transaction by a Pepper team led by partner Bruce K. Fenton. The team also included partner James B. Jumper and associates David Gallagher, Matthew Giannascoli and Erica Stalnecker Wilson.