US Patent Issued to CERNER INNOVATION on Sept. 16 for "Securitizing and trading health quality credits" (Kansas, Washington Inventors)

ALEXANDRIA, Va., Sept. 17 -- United States Patent no. 12,417,508, issued on Sept. 16, was assigned to CERNER INNOVATION INC. (Kansas City, Mo.).

"Securitizing and trading health quality credits" was invented by Douglas S. McNair (Seattle) and Kiran Kambhampati (Overland, Kan.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented trading platform, system, and method are provided for facilitating the trading and accounting for health quality offsets. So-called "health quality credits" related to emissions of 'potentially avoidable complications' (PACs) or 'potentially avoidable mortality' (PAMs). Emissions trading or "cap-and-trade" is an administrative approach used to control emissions that d...