Patents by Inventor Marshall Howard Hudes

Marshall Howard Hudes 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).

  • System and method for managing healthcare costs
    Patent number: 8589274
    Abstract: Disclosed is a system and method for creating a financial index related to healthcare costs. A financial derivative instrument can be created from the index. Using the financial derivative instrument, an entity can hedge against unexpected fluctuations of healthcare costs.
    Type: Grant
    Filed: July 8, 2005
    Date of Patent: November 19, 2013
    Assignee: Open Market Partners, Inc.
    Inventors: Thomas Leonard Smith, Marshall Howard Hudes, James Mark Slaba
  • Method of creating and utilizing healthcare related commodoties
    Patent number: 7801786
    Abstract: Disclosed are novel tangible financial instruments that allow entities to effectively and efficiently hedge the highly volatile fluctuations associated with predicting healthcare costs and revenues by converting healthcare services into commodities and constructing a financial derivative and a security with an underlying value based on the commodity. The financial instruments create a more efficient marketplace for the exchange of healthcare related products and services.
    Type: Grant
    Filed: December 30, 2005
    Date of Patent: September 21, 2010
    Assignee: Open Market Partners, Inc.
    Inventors: Thomas Leonard Smith, Marshall Howard Hudes, James Mark Staba
  • System and method for managing healthcare costs
    Patent number: 7765117
    Abstract: Disclosed is a system and method for creating a financial index related to healthcare costs. A financial derivative instrument can be created from the index. Using the financial derivative instrument, an entity can hedge against unexpected fluctuations of healthcare costs.
    Type: Grant
    Filed: July 8, 2005
    Date of Patent: July 27, 2010
    Assignee: Open Market Partners, Inc.
    Inventors: Thomas Leonard Smith, Marshall Howard Hudes, James Mark Slaba
  • System and method for managing healthcare costs
    Patent number: 7672887
    Abstract: Disclosed is a system and method for creating a financial index related to healthcare costs. A financial derivative instrument can be created from the index. Using the financial derivative instrument, an entity can hedge against unexpected fluctuations of healthcare costs.
    Type: Grant
    Filed: July 8, 2005
    Date of Patent: March 2, 2010
    Assignee: Open Market Partners, Inc.
    Inventors: Thomas Leonard Smith, Marshall Howard Hudes, James Mark Slaba