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

  • US 8,560,338 B2
  • Filed: 03/01/2007
  • Issued: 10/15/2013
  • Est. Priority Date: 03/01/2006
  • Status: Active Grant
First Claim
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1. A method for facilitating the delivery of prescription products or services, the method comprising the steps of:

  • providing, from a customer to a participating bidding service provider, prescription information and patient information relating to an unfilled prescription, wherein the unfilled prescription was provided to the customer by a prescriber;

    electronically performing a similar product price comparison to identify a list of products or services potentially similar to the unfilled prescription along with relative costs for such identified similar products or services;

    providing the customer with the results of the similar product price comparison;

    communicating, from the customer to the processing unit, a select prescription comprising the unfilled prescription or a select similar product or service;

    transferring information relating to the select prescription from the bidding service provider to a registry of pre-qualified prescription fulfillment providers;

    conducting a reverse auction on a computer system in which the pre-qualified prescription fulfillment providers respond with interactive and iterative bids to fill the select prescription;

    providing the customer with the details of the lowest bid of each responding prescription fulfillment provider that made at least one bid to fill the select prescription;

    selecting the winning bid by the customer; and

    providing the customer with a reservation, wherein the reservation comprises at least one coupon for an item other than the select prescription.

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