{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAwIfo3JUJDA","lastupdate":"2023-01-04T00:00:00.000Z","update_date":"2023-01-04T00:00:00.000Z","lastModified":"Jan 27, 2025","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"tailormed-medical","minimal_profile":null,"status":"","fullstatus":"","acquired":1,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$2mBFYhGztQqqbehGnW8pCKrCFZOH0dAbNJjqCFRvSoxvyQxBIe4MNM","name":"TailorMed","oneliner":"End-to-end Financial Navigation Solution for Healthcare Providers","registrar":"515554079","website":"https://tailormed.co","careerspage":"https://tailormed.co/careers","founded_month":11,"founded_year":2016,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/tailormedtweet","youtube":"","facebook":"https://www.facebook.com/TailorMed.co","linkedin":"https://www.linkedin.com/company/17884412","instagram":"https://www.instagram.com/tailormed.co"},"social":["https://www.linkedin.com/company/17884412","https://www.instagram.com/tailormed.co","https://twitter.com/tailormedtweet","https://www.facebook.com/TailorMed.co"],"flattenedsociallinks":"https://www.linkedin.com/company/17884412|https://www.instagram.com/tailormed.co|https://twitter.com/tailormedtweet|https://www.facebook.com/TailorMed.co","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"51-200","employees_exact":192,"patent":0,"raised":60500000,"stage":"B","public_stage":"B","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4LuwgtgKDA","primary_sector":"Health Tech & Life Sciences","alternativenames":["Tailor-Med","Tailor Med","Tailor.Med"],"about":"TailorMed is focused on harnessing technology to improve the financial performance of healthcare providers and reduce financial hardship for patients. The company provides a personalized projection of a patients out-of-pocket costs and automatically finds cost-saving opportunities based on insurance optimization and financial assistance programs.\r\n\r\nTailorMed offers a comprehensive suite of products to automate a fragmented and inefficient process. TailorMed Financial Navigation streamlines and automates the centers financial processes, proactively identifying patients with the highest financial risk, offering personalized funding opportunities, and enrolling patients in these programs.\r\n\r\nTailorMed Financial Insights is a powerful analytics and reporting dashboard that tracks, measures, and reports the key performance indicators (KPIs) of the financial navigation process and allows administrators and financial executives to measure the impact on the centers bottom line.\r\n\r\nTailorMed Pharmacy extends beyond the patient enrollment stage and into a free/replacement drug program, streamlining the process of ordering, tracking, and properly billing each drug order based on the patients treatment regimen.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"","country":null,"address":{"israeli":[{"id":"81ad0c74-f812-4319-b5ed-833213533253","city":"Tel Aviv-Yafo","type":null,"address":"Yehuda and Noah Moses Street 13, Tel Aviv-Yafo, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":[{"id":"e73baa05-27f6-4f6f-b85b-e6a6308454d1","city":"New York","address":"33 Irving Pl, New York, NY 10003, USA","country":"United States","placeid":"ChIJaZ_g65pZwokRRecwVPZF5pk"}]},"headquarter_address":null,"district":"Center District","news":[{"id":"3hgd4sOLUG0iVV882u6KDZ3Bf1JnvDp4ArzeUKkj6M9ul73V07Ewm0","date":"Nov 21, 2024","link":"https://www.calcalistech.com/ctechnews/article/hynnik6gyg","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"funding","company":"TailorMed","layoffs":null,"summary":"Israeli digital health company TailorMed has secured $40 million in equity and debt in its latest funding round, led by Windham Capital Partners. The round also saw participation from Samsung Next, Citi Impact Fund, and BrightEdge fund, among others. The debt component, amounting to $12.5 million, was led by Poalim Tech. This funding brings TailorMeds total funding to $69 million. TailorMed, founded in 2016, offers financial assistance solutions to improve access to medications in the U.S. market. The company aims to address healthcare affordability by connecting patients, healthcare providers, pharmacies, and pharmaceutical companies. The new funding will support TailorMeds mission to make healthcare more affordable and accessible.","partners":null,"customers":null,"investors":["Windham Capital Partners","Samsung Next","Citi Impact Fund","BrightEdge fund","Accelmed","Almeda Ventures","Sanara Ventures","Triventures","Bridges","Poalim Tech"],"confidence":9,"key_topics":["digital health","funding","healthcare","affordability","medications"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$40 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"LO00Md3xY4Evi1HtUdbNwsBSWh8ty9YNgYQqDpOIxEGdDOL82py50N","news_summary":"With growing demand in the U.S., the startup’s platform addresses one of healthcare’s biggest pain points.  ","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"qjDzQWbD4ro6lumgQnSH7kXypIEpBI8A1gTZqI8mxA53PypRK8jHxT","date":"Nov 21, 2024","link":"https://www.calcalistech.com/ctechnews/article/hynnik6gyg","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"investment","company":"TailorMed","layoffs":null,"summary":"Israeli digital health company TailorMed has successfully raised $40 million in a funding round led by Windham Capital Partners, with participation from Samsung Next, Citi Impact Fund, and others. This round includes a $12.5 million debt component led by Poalim Tech, bringing TailorMeds total funding to $69 million. The company, founded in 2016, focuses on providing financial assistance solutions to improve access to medications in the U.S. market. TailorMeds platform connects patients, healthcare providers, and pharmaceutical companies to address the affordability of prescription drugs, a significant issue in the U.S. The new funding will support TailorMeds mission to enhance healthcare affordability and expand its network.","partners":null,"customers":null,"investors":["Windham Capital Partners","Samsung Next","Citi Impact Fund","BrightEdge fund","Accelmed","Almeda Ventures","Sanara Ventures","Triventures","Bridges","Poalim Tech"],"confidence":9,"key_topics":["digital health","funding","affordability","healthcare","platform"],"date_of_event":"Not explicitly mentioned","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$40 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ps1VPVsd54KBz7ieWGRaNXqRMpK4BPWDTPCYFJN78hq3qjeN8iC8pT","news_summary":"TailorMed raises $40 million in equity and debt to help patients access critical medications   | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"TYseoeY9Q9Z6tgdrgUBgTsTJ8MimNpYymlnslQwAZ1xJ3RvuaElov9","date":"Dec 19, 2022","link":"https://www.businesswire.com/news/home/20221219005140/en/TailorMed-Strengthens-Nation%E2%80%99s-Largest-Network-of-Patients-Providers-Pharmacies-and-Life-Science-Companies-with-Support-from-Ballad-Ventures-Inception-Health-and-University-Hospitals-Ventures","source":"www.businesswire.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"wSZQak0BF7GqKmK3dUSvOj5XmsxT0M32hIlbPdwLkAZXz3yika1Rcy","news_summary":"TailorMed Strengthens Nation's Largest Network of Patients, Providers, Pharmacies, and Life Science Companies with Support from Ballad Ventures, Inception Health, and University Hospitals Ventures","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"mVTLj9JvWeUDWiZ9NWSiHIt2mMZLIyEpzfRzw349QHGs1EQvWe8emI","date":"Apr 13, 2022","link":"https://www.prweb.com/releases/2022/4/prweb18604777.htm","source":"www.prweb.com","visible":1,"analysis":{"tags":"data integrity, privacy, compliance","company":"TailorMed","layoffs":null,"summary":"TailorMed has successfully completed a Service Organization Control (SOC®) 2 Type II compliance audit, demonstrating its commitment to data integrity, confidentiality, and privacy. The audit was conducted by a leading third-party SOC2 assessment provider and validates that TailorMeds controls and processes meet the stringent regulatory standards, such as HIPAA. The companys Security Management Program (SMP) ensures the confidentiality, privacy, integrity, and availability of electronic protected health information (ePHI). TailorMed aims to build a network of patients, providers, pharmacies, and life science companies to ensure all patients can afford treatment.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["data integrity","privacy","compliance","SOC 2 Type II","HIPAA"],"date_of_event":"April 13, 2022","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ZaQW8gxFCAhR2PQhagBX1cp1jHPVL2cSMep9esq9agfwLmIJcxWxzj","news_summary":"TailorMed Strengthens Commitment to Patient Security and Privacy by Achieving SOC 2 Type II Compliance","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"3a447e0a-0f9d-42b9-b63a-7803fdd14d3f","date":"Nov 29, 2021","link":"https://www.businesswire.com/news/home/20211129005026/en/","source":"www.businesswire.com","visible":1,"analysis":{"tags":"Acquisition, Expansion","company":"TailorMed","layoffs":"N/A","summary":"TailorMed, a financial navigation platform for healthcare organizations and patients, has acquired Vivor, a financial assistance technology platform for healthcare providers and life sciences. The acquisition will accelerate the development of innovative solutions and expand market reach to help reduce the cost of treatment for more patients. The combined companies will create the largest network of provider, pharmacy, and life sciences companies in the market. In connection with the acquisition, TailorMed has opened an office in Portland, OR.","partners":"900 healthcare facilities","customers":"N/A","investors":"N/A","confidence":9,"key_topics":["Acquisition","Healthcare","Financial Assistance","Expansion","Partnership"],"date_of_event":"2021-11-29","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Acquisition","Expand"],"acquisition_amount":"N/A","structuredIssuesShow":"#Acquisition  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"2BJzml50bpdXMfbmk8Uo9a0oNtgaNqx0i1gOlVwPJA3hMHfVE0q8KY","news_summary":"TailorMed Announces Acquisition of Vivor to Create the Largest Provider and Pharmacy Network Tackling Financial Barriers to Care","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ac44c2ad-5844-48e8-8f5e-2eb4cea8f8cb","date":"Nov 9, 2021","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3922091,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"appointments","company":"TailorMed Medical","layoffs":null,"summary":"Israeli startup TailorMed Medical has appointed Naama Geva as CFO, Vince King as CCO, and Noa Inbar-Hershkovits as VP of People. Geva brings financial leadership experience from high-growth startups, King has a track record of growing healthcare technology companies, and Inbar-Hershkovits has HR experience. The appointments aim to accelerate company growth. TailorMed recently extended its funding round, raising the overall investment to $25 million. New strategic investors include the American Cancer Society, BrightEdge, OSF Healthcare, Citi, and Sanara Capital.","partners":null,"customers":null,"investors":["American Cancer Society","BrightEdge","OSF Healthcare","Citi","Sanara Capital"],"confidence":9,"key_topics":["Appointments","Leadership Team","Financial Navigation Technology","Funding Round","Strategic Investors"],"date_of_event":"2021-09-11","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$5 million","structured_issues":["Management Changes","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ljpG7JTcXhAajJKVlc0FGai6CbjnNfPBvDl8Mx9rnrG6NMy4VBPH2j","news_summary":"TailorMed bolsters leadership team with three strategic hires","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"99014ace-8c82-4ace-a0e2-5886c2f44eb3","date":"Sep 29, 2021","link":"https://www.businesswire.com/news/home/20210929005465/en/TailorMed-Extends-Funding-Series-to-25-Million-to-Continue-Growing-its-Market-Leading-Financial-Navigation-Platform","source":"www.businesswire.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"FJYj0R6mWaiBJpQ4ZqncxqHJiTOuZB9zrnDPk3XDmYpVaIGoYE1NaS","news_summary":"TailorMed Extends Funding Series to $25 Million to Continue Growing its Market-Leading Financial Navigation Platform","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"ee2ed464-bf4f-4bd8-902a-8ede0e5f9cb8","date":"Aug 12, 2021","link":"https://www.mdlinx.com/physiciansense/5-healthcare-startups-to-watch/","source":"www.mdlinx.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"BHEoc0kfNo9mA5CDOz6LED0AYtGkFvFlAL6Zou8YhsSOMpfsZT49KS","news_summary":"5 healthcare startups to watch","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"c1496b53-c66f-4a4b-9689-20ed7a10ef6f","date":"Jul 15, 2021","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3912544,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"financial assistance","company":"TailorMed","layoffs":null,"summary":"TailorMed, an Israeli company, is collaborating with AllianceRx Walgreens Prime to help reduce the burden of specialty therapies for eligible patients by connecting them with financial resources. TailorMeds platform automates the process of identifying financially at-risk patients and enrolling them in financial assistance programs. The collaboration aims to lower specialty prescription costs and improve patient adherence to treatment. Last month, TailorMed raised $20 million in an investment round led by Providence Ventures, bringing their total funding to $28 million.","partners":null,"customers":"AllianceRx Walgreens Prime","investors":["Providence Ventures","UnityPoint Health Ventures","Almeda Ventures","Bridges Israel","Discount Capital","Accelmed","Sanara Ventures","Triventures"],"confidence":9,"key_topics":["TailorMed","AllianceRx Walgreens Prime","financial assistance programs","specialty medications","healthcare organizations"],"date_of_event":"15.07.21","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$20 million","structured_issues":["Partners","Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ibRvbgzi3mktkFGmiyBz2IabiXBV5ZzKrU3yWNutDofJ7eaQYeYTtK","news_summary":"TailorMed collaborates with AllianceRx Walgreens Prime to reduce patient costs","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"e201a999-554b-4ea9-b145-d85a33ed421f","date":"Jul 4, 2021","link":"https://www.israel21c.org/an-israeli-technology-helping-americans-afford-healthcare/","source":"www.israel21c.org","visible":1,"analysis":{"tags":["healthcare","medical costs","financial assistance","technology"],"company":"TailorMed","layoffs":null,"summary":"Israeli startup TailorMed provides a platform that identifies financially at-risk patients and connects them with resources to help cover medical costs. The platform reduces immediate out-of-pocket costs for patients and helps healthcare providers and pharmacies receive reimbursement from other entities. TailorMed has partnered with hospitals, clinics, and pharmacies across the United States, including Providence, Henry Ford Health System, and Memorial Sloan Kettering. The company recently raised $20 million in a financing round led by Providence Ventures and plans to expand its services throughout the US healthcare industry. TailorMeds vision is to continue helping patients and improving providers financial performance.","partners":["AllianceRx Walgreens Prime"],"customers":["Providence","Henry Ford Health System","Memorial Sloan Kettering"],"investors":["Providence Ventures","UnityPoint Health Ventures","Almeda Ventures","Bridges Israel","Discount Capital","Accelmed","Sanara Ventures","Triventures"],"confidence":9,"key_topics":["healthcare costs","financial assistance","technology","patient care","investment"],"date_of_event":"July 14","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$20 million","structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"VxvKDvZjUe5ElY1eSjvb6fdbg0XIkxvMA2QNpaUfhB5Kif3CIrO3Qk","news_summary":"An Israeli technology helping Americans afford healthcare","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"7e378afe-642c-444a-b451-20ae41a92dfa","date":"Jun 6, 2021","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3909320,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"financial management platform, cancer patients","company":"TailorMed","layoffs":null,"summary":"TailorMed, a financial management platform for cancer patients, has raised $20 million in an investment round led by Providence Ventures. The total funding raised by the company now stands at $28 million. The platform automates the process of identifying financially at-risk cancer patients and enrolling them in financial resources. The investment will help TailorMed innovate and reduce financial barriers to care. The company currently works with over 50 hospitals and 200 clinics in the U.S. and has obtained funding for patients totaling over $500 million. The investment round included participation from new investors and existing investors, demonstrating their commitment to transforming healthcare.","partners":null,"customers":null,"investors":["Providence Ventures","UnityPoint Health Ventures","Almeda Ventures","Bridges Israel","Discount Capital","Accelmed","Sanara Ventures","Triventures"],"confidence":9,"key_topics":["investment","partnerships","financial management","healthcare","patient assistance"],"date_of_event":"2021-06-06","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$20 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"aHH6IFzR9Alt8p9e6JpMDTiCeOe1cn4X7lXsPL0TbMPBPemaciLVVN","news_summary":"TailorMed announces $20 million investment","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"5332e3ac-8d86-4f76-9d0a-490fa7c379ee","date":"May 19, 2021","link":"http://www.prweb.com/releases/tailormed_launches_new_service_to_complement_its_industry_leading_platform_in_helping_reduce_patient_out_of_pocket_costs_provider_bad_debt/prweb17946746.htm","source":"www.prweb.com","visible":1,"analysis":{"tags":"financial navigation","company":"TailorMed","layoffs":null,"summary":"TailorMed, a financial navigation technology company, has launched TailorMed Complete, a new service that offers financial navigation experts to help healthcare organizations secure funding for patients at risk of not affording care. The service aims to remove financial barriers to care and increase revenue opportunities for providers. TailorMeds team helps patients navigate health insurance complexities and enroll them in the right financial resources. The service also provides insurance optimization for patients. TailorMed aims to make it easier for patients to secure financial resources by expanding access through telehealth. The company has a mission to help patients and healthcare providers remove financial barriers to care.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["TailorMed Complete","financial navigation","patient care","healthcare providers","affording care"],"date_of_event":"May 19, 2021","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"LKUtZipH2qzWARpPpmSKRnud3zO4sDOPleYiM0p5AcpZKyuWWADMrY","news_summary":"TailorMed Launches New Service to Complement its Industry Leading Platform in Helping Reduce Patient Out-of-Pocket Costs, Provider Bad Debt","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"0679e15f-f5fe-4539-833a-c7a67350d41f","date":"Jan 20, 2021","link":"https://www.prweb.com/releases/tailormed_and_the_patient_access_network_pan_foundation_launch_new_initiative_to_reduce_financial_barriers_for_low_income_medicare_beneficiaries/prweb17646653.htm","source":"www.prweb.com","visible":1,"analysis":{"tags":"partnership","company":"TailorMed","layoffs":null,"summary":"TailorMed has announced a partnership with the Patient Access Network (PAN) Foundation to provide financial navigation technology support to PANs eligible patients. The partnership aims to help patients enroll in the Social Security Administrations Extra Help program for Medicare Part D. TailorMeds team of financial navigators will assist PAN grant recipients in enrolling in the program, ensuring they can afford medical treatment. The partnership will help Medicare beneficiaries with limited incomes access the Extra Help program, reducing their prescription drug costs. TailorMed and PAN aim to alleviate financial hardship for individuals and families who need it the most. PAN Foundation is a charitable organization providing financial support to underinsured patients, while TailorMed is a healthcare technology company focused on removing financial barriers to care.","partners":["Patient Access Network (PAN) Foundation"],"customers":null,"investors":null,"confidence":9,"key_topics":["TailorMed","PAN Foundation","financial navigation technology","Extra Help program","patient financial barriers"],"date_of_event":"January 21, 2021","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"jhb3dfiWkWZ9GPv6aYPExNLxkz1RLItwBelmChV5HBNJfhSWAlPaSy","news_summary":"TailorMed and the Patient Access Network (PAN) Foundation Launch New Initiative to Reduce Financial Barriers for Low-income Medicare Beneficiaries","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"5b32f833-17bd-49f8-be12-7e2e92d74348","date":"May 16, 2020","link":"https://www.mckesson.com/About-McKesson/Newsroom/Press-Releases/2020/McKesson-TailorMed-Collaborate-Reduce-Patient-Financial-Barriers/","source":"www.mckesson.com","visible":1,"analysis":{"tags":"financial navigation","company":"McKesson","layoffs":null,"summary":"McKesson and TailorMed are collaborating to offer a best-in-class financial navigation platform to McKesson Onmark customers, which include community practices specializing in oncology, rheumatology, gastroenterology, neurology, and retina. The collaboration aims to improve patient access and financial performance for specialty practices. TailorMeds platform proactively identifies patients with financial risk and connects them with personalized financial assistance resources. McKesson offers Onmark customers a suite of technology and services that provide transparent pricing and strategic advisory services. The collaboration will enhance the experience of specialty practices working with McKesson.","partners":"TailorMed","customers":"McKesson Onmark customers","investors":null,"confidence":9,"key_topics":["Collaboration","Financial navigation","Specialty practices","TailorMed","McKesson Onmark customers"],"date_of_event":"2020-12-16","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"sTYTmmcWURSXC9EtjAflIuqfCSRapjg2DZ35j76BZWZ8KU3VCvwEw7","news_summary":"McKesson and TailorMed Collaborate to Reduce Patient Financial Barriers to Care","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"6f20b567-f101-4661-9116-3da1bc95c1b7","date":"May 12, 2020","link":"https://searchhealthit.techtarget.com/feature/TailorMed-platform-helps-offset-costs-for-patients-providers","source":"searchhealthit.techtarget.com","visible":1,"analysis":{"tags":["financial assistance","healthcare systems","revenue collection","EHR","billing systems","patient treatment","financial opportunities"],"company":"TailorMed","layoffs":null,"summary":"TailorMed, a platform that integrates with EHR and billing systems, helps healthcare organizations quickly find financial assistance for patients and increase revenue collection for providers. The platform automates the process of creating out-of-pocket cost estimates for patients and matches them to financial opportunities such as copay assistance programs and grants. The integration of TailorMed into Henry Ford Cancer Institutes Epic EHR platform has allowed the financial counseling team to spend more time helping patients navigate paying for treatments. The platform also alerts the team to new financial assistance opportunities and helps capture grants for patients. 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The companys system uses AI to provide financial support to cancer patients, helping them manage the cost of their treatment.","partners":"Not mentioned","customers":"Not mentioned","investors":["Triventures","Sanara Ventures"],"confidence":9,"key_topics":["Financing Round","Artificial Intelligence","Healthcare","Financial Support","Market Penetration"],"date_of_event":"March 6, 2019","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$6 million","structured_issues":["Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"lxFA6NfXU9FVgHDi1FPaUfRvGw6wn4U9QkdI3tfgY3aa6tE7WKO0VX","news_summary":"Care delivery financing co TailorMed raises $6m","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"baf6dbba-5129-4268-b671-fe4e126b4d4c","date":"Dec 18, 2018","link":"https://en.globes.co.il/en/article-tailormed-remedies-financial-side-effects-of-drugs-1001265302","source":"en.globes.co.il","visible":1,"analysis":{"tags":"financial toxicity, treatment costs, alternative financing, predictive options","company":"TailorMed","layoffs":null,"summary":"TailorMed is a company that provides online financial counseling for cancer patients. 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