Computing system and method for leveraging aggregated information to determine a unified purchasing solution
US11430031B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Mar 31, 2020 |
| Grant date | Aug 30, 2022 |
| Priority date | — |
| Expiry date | Feb 17, 2041 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG16H70/40
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A computing system and method leverage aggregated information regarding historical medication usage and medication availability to efficiently determine a unified purchasing solution. In a method, an order is received for a quantity of a medication. For a covered entity, a portion of the quantity of the medication that is able to be satisfied pursuant to a 340B program is determined based upon information regarding historical usage of the medication for outpatients and prior purchases under the 340B program. The method also includes determining the portions that are separately able to be satisfied pursuant to a group purchasing organization (GPO) program and a wholesaler/prime vendor program. The method further includes determining a proposed purchasing solution and to cause information regarding the proposed purchasing solution to be provided including information regarding savings based upon the prices of the medication for a respective period of time that was provided by the supplier.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.