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

  • US 20050065821A1
  • Filed: 09/20/2004
  • Published: 03/24/2005
  • Est. Priority Date: 09/19/2003
  • 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 unfilled prescription information and patient information from a customer to a participating bidding service provider, wherein the prescription was provided by a prescriber;

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

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

    , allowing the customer to select the winning bid.

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