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Computerized healthcare accounts receivable purchasing collections securitization and management system

Patent 5550734 Issued on August 27, 1996. Estimated Expiration Date: Icon_subject December 23, 2013. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.

Patent References

Medical payment system
Patent #: 4858121
Issued on: 08/15/1989
Inventor: Barber ,   et al.

Credit and debit card processing terminal
Patent #: 5012077
Issued on: 04/30/1991
Inventor: Takano

Computerized medical insurance system including means to automatically update member eligibility files at pre-established intervals
Patent #: 5070452
Issued on: 12/03/1991
Inventor: Doyle, Jr., et al.

Account transaction system Patent #: 5231569
Issued on: 07/27/1993
Inventor: Myatt, et al.

Inventors

Assignee

Application

No. 175338 filed on 12/23/1993

US Classes:

705/2, Health care management (e.g., record management, ICDA billing)705/4Insurance (e.g., computer implemented system or method for writing insurance policy, processing insurance claim, etc.)

Examiners

Primary: McElheny, Donald Jr.
Assistant: Tkacs, Stephen R.

Attorney, Agent or Firm

International Classes

G06F 017/60
G06G 007/52

Abstract

The present invention is a computerized method and system for financing health care service providers, especially pharmacies, by evaluating and purchasing their accounts receivables, scoring the creditworthiness of payors and obligors such as insurance companies, self-insured employers, health maintenance organizations, preferred provider organizations, government agencies, and other entities sponsoring groups and individuals receiving health care benefits, collecting on receivables, securitizing receivables, managing funds, and processing and reconciling claims and payments.

Other References

  • Dialog Abstract: File 16, Acc#02275161; "Dallas-based Insurance Claims Processor Goes Public"; Dallas Business Journal (TX); Aug. 7, 1989; p. 12
  • Raphael; "Feeling Sick? Now You Can Get Better With a Credit"; Crain Detroit Business (Detroit, MI, US); v5 n50 s1; Dec. 11, 1989; Dialog: File 635, Acc#0118046
  • Dialog Abstract: File 16, Acc#02675163; "United Medicorp--The Company, Recent Developments"; S1 SEC Registration; Jun. 1, 1990
  • Smith; "United Medicorp Goes to Market for $10M"; Dallas Business Journal (Dallas, TX, US); v13 n42 s1; p7; Dialog: File 635, Acc#0147620
  • Gonzales; "New Medical Financial Service Lets Patients Pay with `Plastic"; Business Journal--Serving Phoenix & the Valley of the Sun; v10 n47; p4(1); Oct. 1, 1990; Dialog: File 148, Acc#0452648
  • Freeman; "Two Hospital Accept Medical Credit Card"; Jacksonville Business Journal; v6 n8; p10(1); Nov. 30, 1990; Dialog: File 148, Acc#04915414
  • Dialog Abstract: File 16, Acc#03517134; "Completecare Announces National Credit Program"; PR Newswire; Dec. 2, 1991; p. 1
  • "Credit Card Program Hospital Boost Cash Flow"; Modern Healthcare; Dec. 16, 1991; p. 44; Dialog: File 16, Acc#03523283
  • Blount; "Credit Card Specializes in Health Care"; Arkansas Democrat Gazette; Feb. 21, 199
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