Method for competitive prescription drug and/or bidding service provider selection

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8781857
SERIAL NO

13731650

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Abstract

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Unfilled prescriptions are submitted to a registry comprising pre-qualified pharmacies for a “reverse auction” in which the pharmacies bid for the opportunity to fill the prescription. The pharmacies or a network of pharmacies on behalf of the pharmacies are allowed to bid based on price and/or offering ancillary services. The auction may also be used to bid on supplying specified pharmaceutical cognitive services. The method may also include obtaining cost comparisons with generic substitutes or similar alternative pharmaceutical products. The system may further comprise automatically requesting a review by the prescriber for a list of similar substitutes or prior-authorization for third-party payers. The winner of the reverse auction is selected by the customer.

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Patent Owner(s)

Patent OwnerAddress
TAG LLC5770 KUMBIER ROAD PICKETT WI 54964

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Kalies,, Jr Ralph F Pickett, US 4 35

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