IP Library › Granted Patent US 12,142,369
Granted Patent B2
US 12,142,369 · App. 18/117,909 · Granted Nov 12, 2024

Enterprise computer system for medical data processing

Inventors: Thomas David Stewart, Jr. (Norcross, GA); Julie Antoniette Echols Stewart (Norcross, GA); Chris Merle Langley (Newport, RI); Randal Lawrence Wynn (Land O Lakes, FL)
Assignee: JTS Ventures, Inc.
G16H40/20G06Q10/06375G06Q40/08G06Q40/12G16H10/60G16H70/20G16H70/60G06Q50/26
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Quick Facts
Patent No.
US 12,142,369
App. No.
18/117,909
Granted
Nov 12, 2024
Kind
B2
Abstract

A computer system and method for generating non-fungible tokens (NFTs) representing a company asset based on evaluation of company assets (e.g., a hospital). Stored in a database are one or more digital assets (e.g., one or more of settlement rights and insurance claim payment obligations) representative of contractual obligations owed to the company (e.g., settlement rights), which are then analyze to determine one or more assets owed to the company. A valuation value is then determined for the determined one or more assets. NFTs are then generated based on the determined valuation value of the determined one or more assets. Additionally, the generated NFTs may be leveraged as collateral in an underwriting process. Further, analyzed in real-time, is a revenue cycle management of the company for generating a risk-weighted index value indicative of the revenue cycle management.

Claims (24)

1. A non-transitory computer readable medium comprising computer executable instructions configured to cause a computer to perform a method for generating non-fungible tokens (NFTs) representing a company asset based on evaluation of company assets, wherein the company is a hospital and the assets owed to the company include settlement rights, the method comprising:

storing in a database one or more digital assets representative of contractual obligations owed to the company, wherein the one or more digital assets include one or more of settlement rights and insurance claim payment obligations;

analyzing the one or more digital assets in the database to determine one or more assets owed to the company;

determining a valuation value for the determined one or more assets;

generating a NFT based on the determined valuation value of the determined one or more assets, wherein generating the NFT comprises generating an immutable record including ID, hashes and a status on a blockchain as a single authoritative copy of a transferable NFT record; and

digitally filing a UCC-1 financing statement utilizing the generated NFT, thereby leveraging the generated NFT as collateral in an underwriting process.

2. The computer method as recited in claim 1 , further including analyzing, in real-time, a revenue cycle management of the company to generate a risk-weighted index value indicative of the revenue cycle management.

3. The computer method as recited in claim 2 , further including utilizing the generated risk-weighted index value for determining an A/R and performance value.

4. The computer method as recited in claim 3 , wherein historical revenue cycle management performance is measured to evaluate one or more claim collection efforts for providing an assessment of accounts receivable management performance.

5. The computer method as recited in claim 2 , further including determining a value of risk of full payment for grouped claims from one or more company service providers based upon a commonality of risk.

6. The computer method as recited in claim 5 , further including generating a risk weighted score value representative of the determined value of risk for the grouped claims.

7. The computer method as recited in claim 5 , wherein determining a value of risk of full payment includes comparing individual claim line items to a database of historical performance associated with at least one company service provider.

8. A computer system for generating non-fungible tokens (NFTs) representing a company asset based on evaluation of company assets, wherein the company is a hospital and the assets owed to the company include settlement rights, the computer system comprising:

a memory configured to store instructions;

a processor disposed in communication with the memory and a database, wherein said processor upon execution of the instructions is configured to:

store in the database one or more digital assets representative of contractual obligations owed to the company, wherein the one or more digital assets include one or more of settlement rights and insurance claim payment obligations;

analyze the one or more digital assets in the database to determine one or more assets owed to the company;

determine a valuation value for the determined one or more assets;

generate a NFT based on the determined valuation value of the determined one or more assets, wherein generating the NFT comprises generating an immutable record including ID, hashes and a status on a blockchain as a single authoritative copy of a transferable NFT record; and

digitally file a UCC-1 financing statement utilizing the generated NFT, thereby leveraging the generated NFT as collateral in an underwriting process.

9. The computer system as recited in claim 8 , wherein the processor is further configured to analyze, in real-time, a revenue cycle management of the company to generate a risk-weighted index value indicative of the revenue cycle management.

10. The computer system as recited in claim 9 , wherein the processor is further configured to utilize the generated risk-weighted index value for determining an A/R and performance value.

11. The computer system as recited in claim 10 , wherein historical revenue cycle management performance is measured to evaluate one or more claim collection efforts for providing an assessment of accounts receivable management performance.

12. The computer system as recited in claim 9 , further including determining a value of risk of full payment for grouped claims from one or more company service providers based upon a commonality of risk.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jul 19, 2024
From: STEWART, THOMAS DAVID, JR; ECHOLS STEWART, JULIE ANTONIETTE; LANGLEY, CHRIS MERLE; WYNN, RANDAL LAWRENCE
To: JTS VENTURES, INC.
Reel/Frame 068031/0510 →
Continuity (3)
Continuation 17379219 · Jul 19, 2021
Provisional Application 63053432 · Jul 17, 2020
Related Publication 20230386650A1 · Nov 30, 2023