# US 10,311,412 B1 · Method and system for providing bundled electronic payment and remittance advice > Agents: this data is available as JSON from the patentgrep API and MCP server — see https://patentgrep.com/llms.txt - Number: US 10,311,412 B1 - Document ID: US10311412B1 - Status: Granted - Kind: B1 - Application number: 12/731,278 - Filed: 2010-03-25 - Granted: 2019-06-04 - Earliest claimed: 2003-03-28 - Assignees: JPMorgan Chase Bank, N.A. - Applicants: David Adam Josephs; John Michael Prince; Stuart Mitchell Hanson; Marc Lawrence Fredman; Andrew Yih Hwang - Inventors: David Adam Josephs; John Michael Prince; Stuart Mitchell Hanson; Marc Lawrence Fredman; Andrew Yih Hwang - Web page: https://patentgrep.com/patent/US10311412B1 ## CPC - G06Q 20/102: {Bill distribution or payments} - G06Q 20/023: {the neutral party being a clearing house} - G06Q 20/14: specially adapted for billing systems - G06Q 20/24: Credit schemes, i.e. "pay after" - G06Q 30/04: Billing or invoicing - G06Q 40/00: Finance; Insurance; Tax strategies; Processing of corporate or income taxes - G06Q 40/02: Banking, e.g. interest calculation or account maintenance (credit or loans G06Q40/03) - G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR ## Abstract According to one embodiment, the present invention relates to a method and a system for transmitting bundled electronic payment and remittance advice for facilitating settlement of claim payments between payers (e.g., insurance companies) and providers (e.g., doctors, hospitals) or suppliers. According to an embodiment of the present invention, the method comprises the steps of receiving an electronic transmission from the payer wherein the electronic transmission comprises payment information and remittance advice; separating the payment information and the remittance advice; routing the payment information to a depository associated with the provider for making a payment authorized by the payer; transmitting the remittance advice to an intended recipient; and confirming the payment and transmission of remittance advice to the payer and the provider. ## Claims ### Claim 1 A computer implemented method that manages reconciliation of payments and remittances, via an interactive interface, using an identifier that links payment data and remittance advice to facilitate reconciliation of one or more payments, wherein the method is executed by a programmed computer processor which communicates with a user via a communication network, the computer implemented method comprising the steps of: monitoring, with the programmed computer processor, payment data associated with a healthcare provider for making a payment associated with a healthcare service or product, the payment authorized by an insurer payer, wherein the payment data is associated with a remittance advice; transmitting the remittance advice, via the communication network, to a system associated with the healthcare provider, wherein the system associated with the healthcare provider comprises one or more of an accounts receivable system, patient accounting system and practice management system and wherein accounts receivable data is updated; automatically linking, with the programmed computer processor, the payment data and the remittance advice to facilitate reconciliation of one or more payments, wherein the payment data and the remittance advice are associated with an identifier; generating, via the programmed computer processor, an interactive interface via the communication network for monitoring and interacting with the payment data and the remittance advice, the interactive interface enables the healthcare provider to view and time future payments that have been initiated by the insurer payer to manage cash and receivables, the interactive interface electronically displays progress and status information associated with the payment data and remittance advice, the interactive interface further provides functionality comprising searching, reporting and downloading, the functionality performed in relation to the payment data and the remittance data, and the interactive interface enables the healthcare provider to download information and monitor the payment and transmission of remittance advice; electronically confirming the payment and transmission of remittance advice to the healthcare provider via the network, and automatically and electronically verifying to the healthcare provider, via an electronic communication, that the payment has been made. ### Claim 2 (depends on 1) The method of claim 1, wherein the step of transmitting further comprises the step of: automatically posting the remittance advice to the system associated with the healthcare provider wherein the remittance advice is associated with a patient having a relationship with the healthcare provider. ### Claim 3 (depends on 1) The method of claim 1, wherein the step of transmitting further comprises the step of: posting the remittance advice to an electronic bulletin board wherein the healthcare provider accesses the remittance advice through the electronic bulletin board. ### Claim 4 (depends on 1) The method of claim 1, wherein the step of transmitting further comprises the step of: posting the remittance advice to a secure network address wherein the healthcare provider accesses the remittance advice through a secure network. ### Claim 5 (depends on 1) The method of claim 1, wherein the step of transmitting further comprises the step of: electronically delivering the remittance advice as an output file wherein the healthcare provider uploads the output file to an accounting system associated with the healthcare provider. ### Claim 6 (depends on 1) The method of claim 1, wherein the payment is from one or more of a lockbox, a website and a customer service representative. ### Claim 7 (depends on 1) The method of claim 1, wherein the payment comprises one or more of a check, a credit card payment, a debit card payment, an ACH transmission and electronic payment. ### Claim 8 (depends on 1) The method of claim 1, wherein the payment comprises paper payments. ### Claim 9 (depends on 1) The method of claim 1, wherein the payment comprises electronic payments. ### Claim 10 (depends on 1) The method of claim 1, further comprising the step of: translating the remittance advice according to predetermined criteria wherein the predetermined criteria comprises compatibility criteria related to the healthcare provider. ### Claim 11 (depends on 1) The method of claim 1, wherein the payment information is modified to include a settlement network identifier for identifying a settlement network for facilitating settlement between a bank associated with the insurer payer and the depository associated with the healthcare provider. ### Claim 12 (depends on 1) The method of claim 1, wherein the remittance advice is stored in a database, retrieved from the database and associated with a payment confirmation after the payment is made. ### Claim 13 (depends on 1) The method of claim 1, wherein the step of confirming further comprises the step of: verifying to the healthcare provider that the remittance advice has been received. ### Claim 14 A computer implemented system that manages reconciliation of payments and remittances, via an interactive interface, using an identifier that links payment data and remittance advice to facilitate reconciliation of one or more payments, wherein the system comprises at least a programmed computer processor which communicates with a user via a communication network, the computer implemented system comprising: a computer store containing data relating to accounts receivable data and an identifier that links payment data and corresponding remittance advice to facilitate reconciliation of payments; a computer processor, which computer processor is coupled to the computer store and programmed to: electronically receive and validate payment data associated with a healthcare provider for making a payment associated with a healthcare service or product, the payment authorized by an insurer payer, wherein the payment data is associated with a remittance advice; automatically linking the payment data and the remittance advice using an identifier to facilitate reconciliation of one or more payments; electronically transmit, via the communication network, the remittance advice to a system associated with the healthcare provider; wherein the system associated with the healthcare provider comprises one or more of an accounts receivable system, patient accounting system and practice management system; wherein accounts receivable data is updated; monitor and interact with, via an interactive interface, the payment data and the remittance advice via the communication network, the interactive interface enables the healthcare provider to view and time future payments that have been initiated by the insurer payer to manage cash and receivables, the interactive interface electronically displays progress and status information associated with the payment data and remittance advice, the interactive interface further provides functionality comprising searching, reporting and downloading, the functionality performed in relation to the payment data and the remittance data, wherein the interactive interface enables the healthcare provider to download information and monitor the payment and transmission of remittance advice; electronically confirm the payment and transmission of remittance advice to the insurer payer and the healthcare provider; and automatically and electronically verify to the healthcare provider, via an electronic communication, that the payment has been made. ### Claim 15 (depends on 1) The system of claim 1, wherein the computer processor automatically posts the remittance advice to the system associated with the healthcare provider wherein the remittance advice is associated with a patient having a relationship with the healthcare provider. ### Claim 16 (depends on 1) The system of claim 1, wherein the computer processor posts the remittance advice to an electronic bulletin board wherein the healthcare provider accesses the remittance advice through the electronic bulletin board. ### Claim 17 (depends on 1) The system of claim 1, wherein the computer processor posts the remittance advice to a secure network address wherein the healthcare provider accesses the remittance advice through a secure network. ### Claim 18 (depends on 1) The system of claim 1, wherein the computer processor electronically delivers the remittance advice as an output file wherein the healthcare provider uploads the output file to an accounting system associated with the healthcare provider. ### Claim 19 (depends on 1) The system of claim 1, wherein the payment is from one or more of a lockbox, a website and a customer service representative. ### Claim 20 (depends on 1) The system of claim 1, wherein the payment comprises one or more of a check, a credit card payment, a debit card payment, an ACH transmission and electronic payment. ### Claim 21 (depends on 1) The system of claim 1, wherein the payment comprises paper payments. ### Claim 22 (depends on 1) The system of claim 1, wherein the payment comprises electronic payments. ### Claim 23 (depends on 1) The system of claim 1, wherein the remittance advice is translated according to predetermined criteria wherein the predetermined criteria comprises compatibility criteria related to the healthcare provider. ### Claim 24 (depends on 1) The system of claim 1, wherein the payment information is modified to include a settlement network identifier for identifying a settlement network for facilitating settlement between a bank associated with the insurer payer and the depository associated with the healthcare provider. ### Claim 25 (depends on 1) The system of claim 1, wherein the remittance advice is stored in a database, retrieved from the database and associated with a payment confirmation after the payment is made. ### Claim 26 (depends on 1) The system of claim 1, wherein verification that the remittance advice has been received is provided to the healthcare provider.