Company Filing History:
Years Active: 2014-2021
Title: The Innovative Mind of Howard Downs
Introduction
Howard Downs, based in Northfield, Illinois, has made significant contributions to the field of healthcare payment processing through his innovative inventions. With a total of three patents to his name, he has showcased his expertise by developing systems that facilitate real-time claim pricing, ultimately improving the efficiency of care payment models.
Latest Patents
Among his latest patents is a groundbreaking system and method for processing payment bundles. This invention focuses on prospectively creating patient episodes of care and triggering associated payment bundles during the claim adjudication process. By implementing a real-time claim pricing mechanism that aligns with payment bundle rules, Howard Downs aids in transforming episodic payment systems, moving away from traditional pay-for-service models. Furthermore, his processes also delve into modeling patient episodes and payment bundles, as well as unbundling episodic payments, making it a remarkable contribution to healthcare technology.
Career Highlights
Throughout his career, Howard has worked with renowned companies, including Cognizant Triage Software Group, Inc. and TriZetto Corporation. His experiences in these organizations have honed his skills in healthcare software development, allowing him to channel his creativity into impactful innovations.
Collaborations
During his professional journey, Howard collaborated with notable coworkers, such as Jay Sultan and Dale Hoerle. Their combined efforts in the field of healthcare technology have maximized the potential for creating solutions that redefine payment models and enhance patient care experiences.
Conclusion
Howard Downs exemplifies the spirit of innovation through his pioneering work in payment processing systems. His dedication to developing effective solutions not only benefits healthcare providers but also significantly impacts patient care. As an inventor committed to improving processes, Howard's contributions will likely continue to shape the future of healthcare payment practices.