US Patent Issued to MatrixCare on Nov. 3 for "Machine learning model to evaluate healthcare facilities" (Alabama, Texas Inventors)

ALEXANDRIA, Va., Nov. 3 -- United States Patent no. 12,784,899, issued on Nov. 3, was assigned to MatrixCare Inc. (Bloomington, Minn.).

"Machine learning model to evaluate healthcare facilities" was invented by Joseph Martin Caudill (Birmingham, Ala.), Danny Wong (Jonestown, Texas) and Bradley Steven Hall (Pelham, Ala.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Embodiments herein describe a patient evaluation system that predicts a revenue stream corresponding to a patient if admitted into a healthcare facility. In one embodiment, the patient evaluation system parses medical records corresponding to a patient to automatically identify inputs into a daily rate calculator for determining a reimbursement or...