Patents Assigned to AMERICAN HEALTH CARE
  • VIRTUAL INVENTORY SYSTEM AND METHODS FOR COVERED ENTITIES
    Publication number: 20090319293
    Abstract: A virtual transaction process and system providing a mechanism for a covered entity to maintain a virtual inventory with a contracted pharmacy for dispensing medication for the covered entity's employees. An administrative entity is provided that adjudicates claims with the contracted pharmacy, and compiles a utilization report for the prescription medication manufacturer and covered entity to effect a chargeback credit from the manufacturer and payment between the covered entity and contracted pharmacy.
    Type: Application
    Filed: June 23, 2008
    Publication date: December 24, 2009
    Applicant: AMERICAN HEALTH CARE
    Inventors: Grover C. Lee, David A. Valerio