Patent
1994-08-03
1996-12-10
Weinhardt, Robert A.
395202, 395230, G06F 1760, G06G 752
Patent
active
055837603
ABSTRACT:
A data processing system is disclosed that establishes and administers charge accounts, including both funded and post-funded accounts. In one embodiment, the system of the invention establishes charge accounts for all of the patients of a medical professional, with creditworthy patients having funded accounts, and patients who are not creditworthy having post-funded accounts. Each patient is issued a charge card which can be used to pay for medical services at participating providers. When a patient with a funded account charges medical services, the doctor is paid promptly and the servicing company proceeds to collect payment from the patient. For post-funded accounts, the doctor is not paid until funds are received from the patient.
REFERENCES:
patent: 3594727 (1971-07-01), Braun
patent: 4270042 (1981-05-01), Case
patent: 4319336 (1982-03-01), Anderson et al.
patent: 4341951 (1982-07-01), Benton
patent: 4727243 (1988-02-01), Savar
patent: 4823264 (1989-04-01), Denning
patent: 4858121 (1989-08-01), Barber et al.
patent: 4947027 (1990-08-01), Golightly
patent: 4948174 (1990-08-01), Thomson et al.
patent: 4953085 (1990-08-01), Atkins
patent: 4960981 (1990-10-01), Benton et al.
patent: 5012077 (1991-04-01), Takano
patent: 5070452 (1991-12-01), Doyle, Jr. et al.
patent: 5121945 (1992-06-01), Thomson et al.
patent: 5220501 (1993-06-01), Lawlor et al.
patent: 5231569 (1993-07-01), Myatt et al.
Raphael; "Feeling Sick? Now You Can Get Better With a Credit Card"; Crains Detroit Business; v5 n50 s1; p18; Dec. 11, 1989; Dialog: File 635, Acc# 0118046.
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# 04852648.
Freeman; "Two Hospitals Accept Medical Credit Card"; Jacksonville Business Journal; v6 n8; p10(1); Nov. 30, 1990; Dialog: File 148, Acc# 04915414.
"Credit card specilizes in health care", Arkansas Democrat Gazette, Feb. 21, 1992 by Blount.
Beneficial Franchise Company Inc.
Schaffer Robert D.
Tkacs Stephen R.
Weinhardt Robert A.
LandOfFree
System for establishing and administering funded and post-funded does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with System for establishing and administering funded and post-funded, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System for establishing and administering funded and post-funded will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-428922