McKesson and TailorMed Collaborate to Reduce Patient Financial Barriers to Care

IRVING, Texas and SAN FRANCISCO, Dec. 16, 2020—McKesson, a global healthcare leader that has spearheaded technologies and services that address patient affordability, and TailorMed, a healthcare technology company founded to help patients and providers tackle the financial challenges of care delivery, 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 TailorMed platform provides practices with a comprehensive financial navigation technology that proactively identifies patients with financial risk and automatically connects them with personalized financial assistance resources including local nonprofits focused on living expenses, governmental programs, national foundations and manufacturer assistance programs. Specialty practices will be able to improve patient access and their financial performance.

“We started TailorMed with a very personal mission to remove patient financial barriers to care, and from our founding, we’ve worked hand-in-hand with practices and health systems to achieve that goal,” said Srulik Dvorsky, CEO of TailorMed. “This collaboration with McKesson, the market leader in provider solutions, allows us to expand our reach as an organization but ultimately, enables us both to further improve the lives of patients and their families.”

The collaboration will empower practices with:

• Proactive patient identification using advanced analytics and connection with practice software solutions
• Personalized financial assistance resources for each patient provided in real-time
• Streamlined management of the free and replacement medication workflow
• Real-time analytics dashboard to manage key performance indictors and identify areas for additional optimization
• Access to expert financial navigators to support a growing financial navigation practice

“Our collaboration with TailorMed further enhances the experience of specialty practices working with McKesson,” said Pete Perron, president of Specialty Provider, McKesson. “McKesson offers Onmark customers a suite of technology and services that provide specialty practices with transparent pricing and strategic advisory services to maintain a practice’s strong financial positioning, ultimately allowing them to focus on enhanced patient care.”

About McKesson Corporation

McKesson Corporation is a global leader in healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information solutions. McKesson partners with pharmaceutical manufacturers, providers, pharmacies, governments and other organizations in healthcare to help provide the right medicines, medical products and healthcare services to the right patients at the right time, safely and cost-effectively. United by our ICARE shared principles, our employees work every day to innovate and deliver opportunities that make our customers and partners more successful - all for the better health of patients. McKesson has been named the “Most Admired Company” in the healthcare wholesaler category by FORTUNE, a “Best Place to Work” by the Human Rights Campaign Foundation, and a top military-friendly company by Military Friendly. For more information, visit www.mckesson.com.

About TailorMed

TailorMed is a healthcare technology company founded to help patients and healthcare providers tackle the financial challenges of care delivery, by making it easier for patients to cover the cost of care. TailorMed has helped over 35 hospitals and 200 clinics across the United States to ensure that patients can afford the care that they need. Learn more at https://tailormed.co.