Patents by Inventor Joseph F. Molloy

Joseph F. Molloy has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Systems, methods, and program products for calculating shared savings for a self-insured health care plan
    Patent number: 9846914
    Abstract: A computer implemented method and system is provided for managing one or more self-insured plans, where healthcare provider's discount rate may be dynamically or retroactively adjusted during each plan period based at least in part on, for example, the rate of utilization of in-network or in-system providers by a plurality of respective plan participants. In exchange for the discounts on its services, shared savings may be calculated and paid to the provider after the end of each plan period based at least in part on lower than expected claims.
    Type: Grant
    Filed: June 20, 2014
    Date of Patent: December 19, 2017
    Assignee: NORTHWELL HEALTH, INC.
    Inventors: Alan J. Murray, Joseph F. Molloy