Patent · US Active

System, method and computer program product for estimating medical costs

US8005687B1 · kind B1 · utility

16Cited by
4References
4Claims
0Family size

Assignee

Inventors

Key dates

Filing dateOct 15, 2004
Grant dateAug 23, 2011
Priority date
Expiry dateSep 25, 2028

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q10/10
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Various embodiments for estimating a cost of a medical procedure. In one example, a method may include the operations of averaging data from various geographies of the amount billed to form a national average amount billed for the medical procedure; associating the average amount billed with one or more claim data items from a health plan; grouping the claim data items from the health plan using episode classes; calculating an average amount billed for each episode class; and adjusting the average amount billed for each episode class by a geographic adjustment factor to form an estimated cost of the medical procedure.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.