System and method of accelerated health care claim payment
AssigneeInstamed Communications, LLC
InventorChristopher David Seib
Life of this patent
Estimating the term…
Abstract
A method of accelerating a health care claim payment may include filtering a claim to determine whether the claim is eligible for accelerated claim payment. A payment amount for a claim may be determined by a computing device by retaining a provider level adjustment. The payment amount may be automatically paid via electronic funds transfer. A portion of the provider level adjustment may be distributed via electronic funds transfer.
Claims20
A method of accelerating a health care claim payment comprising:
- filtering a claim to determine whether the claim is eligible for accelerated claim payment;
- determining, via a computing device, a payment amount for the claim by retaining a provider level adjustment;
- automatically paying the payment amount via electronic funds transfer;
- and
- distributing, via electronic funds transfer, a portion of the provider level adjustment.
A system for accelerating a health care claim payment, the system comprising:
- a processor;
- and
- a processor-readable storage medium in communication with the processor;
- wherein the processor-readable storage medium contains one or more programming instructions for performing the following when executed:
- filtering a claim to determine whether the claim is eligible for accelerated claim payment,
- determining a payment amount for the claim by retaining a provider level adjustment,
- automatically paying the payment amount, and
- distributing a portion of the provider level adjustment.
A computer program product, comprising a computer usable medium having a computer readable program code embodied therein, the computer readable program code adapted to be executed to implement a method for accelerating a health care claim payment, the method comprising:
- filtering a claim to determine whether the claim is eligible for accelerated claim payment;
- determining a payment amount for the claim by retaining a provider level adjustment;
- automatically paying the payment amount via electronic funds transfer;
- and
- distributing, via electronic funds transfer, a portion of the provider level adjustment.
Dependencies are inferred from the claim text.