BillingNetwork Grants Non-Exclusive License To Seventh Company For Its Patented Internet-Based Medical Billing System

BillingNetwork, a provider of medical billing solutions and services for the healthcare industry, has granted its seventh license to Mars Medical Systems, Inc. as part of a settlement of a patent infringement suit brought by BillingNetwork against Mars Medical Systems, Inc.

(PRWEB) November 12, 2004 -- Billingnetwork, a provider of medical billing solutions and services for the healthcare industry, today announced that it has granted a non-exclusive license under U.S. Patent No. 6,374,229 entitled Integrated Internet Facilitated Billing, Data Processing and Communication System" to Mars Medical Systems, Inc. of Phoenix, Arizona. The patent is directed to an internet-based medical billing system. Billingnetwork has entered into license agreements with a number of companies nationwide.

The present license agreement is part of a settlement of a patent infringement suit brought by Billingnetwork against Mars Medical Systems, Inc. Under terms of the settlement Billingnetwork dismissed the suit against Mars Medical Systems, Inc. in the U.S. District Court for the Middle District of Florida.

U.S. Patent No. 6,374,229 is the subject of a mass licensing program by Billingnetwork. Billingnetwork is offering the patented technology to the medical billing industry for a nominal licensing royalty.

Other companies that have recently licensed the patent from Billingnetwork include ProData Systems, Inc. of Bothell, Washington, MDAnywhere Technologies, Inc. of Baltimore, Maryland, Island Automated Medical Services, Inc. of St. Petersburg, Florida, Empire Solutions, LLC of Tampa, Florida, Visionary Medical Systems, Inc. of Tampa, Florida, and Key Business Solutions, Inc. of Tampa, Florida.

About BillingNetwork

BillingNetwork is a provider of medical billing solutions and services for the healthcare industry. The patented web-based medical billing system is designed to increase cash flow with quicker turnarounds and reduced overhead expenses. The system is HIPAA compliant and is available to the healthcare industry under license from BillingNetwork.

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