Patent ID: 8165944

Claim:
A method of providing third party adjudicated payment at a point of service, comprising the steps of: receiving a purchase transaction including payment system access information provided to a point of service provider for payment for a purchase of at least one of a health care related service and product by a customer, wherein at least part of said purchase is potentially reimbursable by a third party payor; adjudicating said purchase transaction substantially in real-time to determine a first portion of said purchase chargeable to said third party payor and a second portion of said purchase to be paid by said customer; sending an adjudicated settlement transaction to said point of service provider substantially in real-time, wherein said adjudicated settlement transaction designates obligations for payment of at least said first portion and said second portion; and receiving an indication of a completed purchase transaction to initiate a transfer of funds in accordance with said obligations for payment of said adjudicated settlement transaction; and initiating a request to transfer funds substantially in real-time in accordance with said adjudicated settlement transaction to an account of said point of service provider, wherein said first portion is charged to a third party payor account and said second portion is charged to a payment account accessible by said payment system access information.