Intelligent router for medical payments

US8626536B2 · kind B2 · utility

Assignee

• Electronic Commerce for Healthcare Organizations, Inc. · US

Inventors

• Ryan Davis · Charlotte, US
• Timothy S. Adkins · Hudson, US
• Kristopher T. Kern · Strongsville, US
• Charles E. Kirkpatrick · Cypress, US
• William H. Davis · Columbia City, US

Key dates

• Filing date: Dec 22, 2011
• Grant date: Jan 7, 2014
• Expiry date: Dec 22, 2031

Classification

• Technology area (CPC G): Physics
• CPC primary: G16H40/20
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

One or more servers (70) are configured to periodically format (90, 92) and send (94) payments (26) to a payee in an order of preference (62) and a specified payment method until accepted (96). The payments (26) include a consolidated financial instrument (73) and at least one explanation of explanation of benefit (75) associated with the consolidated financial instrument. The consolidated financial instrument (73) transfers accumulated monies without co-mingling funds in compliance with ERISA regulations. The at least one associated explanation of benefit (75) includes a patient identification, a payer identification, a service provider identification, a date of service, a service identification, a patient obligation, and an amount paid. Acceptance of the payment to each payee is recorded (100) in a data store (102).