IP Library Granted Patent US 10,720,234
Granted Patent B1
US 10,720,234 · App. 14/559,556 · Granted Jul 21, 2020

Account reconciliation based on dispensing medication under a drug discount program

Inventor: Travis Leonardi (Deerfield Beach, FL)
Assignee: Sentry Data Systems, Inc.
G16H20/00G06Q10/083G06Q30/0207G06Q30/04
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Quick Facts
Patent No.
US 10,720,234
App. No.
14/559,556
Granted
Jul 21, 2020
Kind
B1
Abstract

A system, apparatus, and method are disclosed for account reconciliation based on dispensing medication under a drug discount program. The example embodiments may include receiving prescription claims that each identify a first medication being dispensed and an amount being dispensed. The example embodiments may further include identifying a subset of the prescription claims that are eligible for a drug discount program, aggregating the dispensation amounts to determine an aggregate amount of the first medication dispensed, instructing a distributor to credit a drug discount account of a covered entity in response to determining that the aggregate amount meets a dispensation requirement, and instructing a distributor to ship an amount of the first medication to a contract pharmacy.

Claims (29)

1. An apparatus comprising:

at least one processor; and

at least one memory storing instructions that, when executed by the at least one processor, cause the apparatus at least to perform:

receiving, at a management server, a plurality of electronic prescription claims that each identify a first medication being dispensed and an amount of the first medication being dispensed, wherein each of the electronic prescription claims is issued by a plurality of covered pharmacy servers of a plurality of contract pharmacies of a pharmacy chain that has a relationship with a covered entity that issued a prescription of the plurality of electronic prescription claims to at least one patient under a drug discount program;

sending, from the management server to a vendor server, a drug discount eligibility message including the plurality of electronic prescription claims;

receiving, at the management server and responsive to the drug discount eligibility message, an eligibility response message identifying a subset of the plurality of electronic prescription claims sent to the vendor server that are eligible for the drug discount program during the plurality of contract pharmacies of the pharmacy chain dispensing the first medication of at least one of the subset of the electronic prescription claims;

aggregating, by the management server, the dispensation amounts of the electronic prescription claims subset to determine an aggregate amount of the first medication dispensed by the plurality of contract pharmacies;

sending, from the management server to a distributor server, a credit request to credit a drug discount account of the covered entity in response to determining that the aggregate amount meets a dispensation requirement across the plurality of contract pharmacies for the first medication under the drug discount program;

sending, from the management server to the distributor server, an order to ship at least the aggregate amount of the first medication to at bast one of the contract pharmacies that dispensed the first medication, the order including a first amount of the aggregate amount for a first contract pharmacy and a second amount of the aggregate amount for a second contract pharmacy; and

automatically invoicing, by the processor, funds respectively received by the plurality of contract pharmacies that each dispensed the first medication upon each respective contract pharmacy dispensing the first medication associated with the electronic prescription claims subset;

wherein an amount of the credit is based on a wholesale price of the first medication and a drug discount price of the first medication under the drug discount program.

2. A non-transitory computer readable medium storing processor-executable instructions that, when executed, cause an apparatus at least to perform:

receiving, at a management server, a plurality of electronic prescription claims that each identify a first medication being dispensed and an amount of the first medication being dispensed, wherein each of the electronic prescription claims is issued by a plurality of covered pharmacy servers of a plurality of contract pharmacies of a pharmacy chain that has a relationship with a covered entity that issued a prescription of the plurality of electronic prescription claims to at least one patient under a drug discount program;

sending, from the management server to a vendor server, a drug discount eligibility message including the plurality of electronic prescription claims;

receiving, at the management server and responsive to the drug discount eligibility message, an eligibility response message identifying a subset of the plurality of electronic prescription claims sent to the vendor server that are eligible for the drug discount program during the plurality of contract pharmacies of the pharmacy chain dispensing the first medication of at least one of the subset of the electronic prescription claims;

aggregating, by the management server, the dispensation amounts of the electronic prescription claims subset to determine an aggregate amount of the first medication dispensed by the plurality of contract pharmacies;

sending, from the management server to a distributor server, a credit request to credit a drug discount account of the covered entity in response to determining that the aggregate amount meets a dispensation requirement across the plurality of contract pharmacies for the first medication under the drug discount program;

sending, from the management server to the distributor server, an order to ship at least the aggregate amount of the first medication to the contract pharmacies that dispensed the first medication, the order including a first amount of the aggregate amount for a first contract pharmacy and a second amount of the aggregate amount for a second contract pharmacy; and

automatically invoicing funds respectively received by the plurality of contract pharmacies that each dispensed the first medication upon each respective contract pharmacy dispensing the first medication associated with the electronic prescription claims subset;

wherein an amount of the credit is based on a wholesale price of the first medication and a drug discount price of the first medication under the drug discount program.

3. A processor-implemented method comprising:

receiving, at a management server, a plurality of electronic prescription claims that each identify a first medication being dispensed and an amount of the first medication being dispensed, wherein each of the electronic prescription claims is issued by a plurality of covered pharmacy servers of a plurality of contract pharmacies of a pharmacy chain that has a relationship with a covered entity that issued a prescription of the plurality of electronic prescription claims to at least one patient under a drug discount program;

sending, from the management server to a vendor server, a drug discount eligibility message including the plurality of electronic prescription claims;

receiving, at the management server and responsive to the drug discount eligibility message, an eligibility response message identifying a subset of the plurality of electronic prescription claims sent to the vendor server that are eligible for the drug discount program during the plurality of contract pharmacies of the pharmacy chain dispensing the first medication of at least one of the subset of the electronic prescription claims;

aggregating, by the management server, the dispensation amounts of the electronic prescription claims subset to determine an aggregate amount of the first medication dispensed by the plurality of contract pharmacies;

sending, from the management server to a distributor server, a credit request to credit a drug discount account of the covered entity in response to determining that the aggregate amount meets a dispensation requirement across the plurality of contract pharmacies for the first medication under the drug discount program;

sending, from the management server to the distributor server, an order to ship at least the aggregate amount of the first medication to the contract pharmacies that dispensed the first medication, the order including a first amount of the aggregate amount for a first contract pharmacy and a second amount of the aggregate amount for a second contract pharmacy; and

automatically invoicing funds respectively received by the plurality of contract pharmacies that each dispensed the first medication upon each respective contract pharmacy dispensing the first medication associated with the electronic prescription claims subset;

wherein an amount of the credit is based on a wholesale price of the first medication and a drug discount price of the first medication under the drug discount program.

Assignments (5)
RELEASE OF SECURITY INTEREST Recorded Jul 21, 2021
From: CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, AS COLLATERAL AGENT
To: SENTRY DATA SYSTEMS, INC.
Reel/Frame 056936/0991 →
RELEASE OF SECURITY INTEREST Recorded Oct 7, 2020
From: VARAGON CAPITAL PARTNERS AGENT, LLC
To: SENTRY DATA SYSTEMS, INC.
Reel/Frame 053995/0898 →
SECURITY INTEREST Recorded Oct 6, 2020
From: SENTRY DATA SYSTEMS, INC.
To: CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH
Reel/Frame 053987/0910 →
SECURITY INTEREST Recorded May 8, 2015
From: SENTRY DATA SYSTEMS, INC.
To: VARAGON CAPITAL PARTNERS AGENT, LLC
Reel/Frame 035601/0326 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Dec 3, 2014
From: LEONARDI, TRAVIS
To: SENTRY DATA SYSTEMS, INC.
Reel/Frame 034363/0187 →
Continuity (1)
Continuation 14498524 · Sep 26, 2014
Cited By (1)
US 12,603,165