Founded Year

2016

Stage

Series B - II | Alive

Total Raised

$33M

Last Raised

$5M | 8 mos ago

About TailorMed

TailorMed is a financial management solution for cancer patients. It provides out-of-pocket estimations based on the patient's insurance benefits, medical journey projections of all medical and financial events, and cost reduction recommendations.

TailorMed Headquarter Location

New York, New York,

United States

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TailorMed's Products & Differentiation

See TailorMed's products and how their products differentiate from alternatives and competitors

  • TailorMed Financial Navigation

    TailorMed Financial Navigation streamlines and automates a healthcare organization's financial processes - from proactively identifying patients at risk of not affording care to automatically enrolling them in matching funding opportunities. TailorMed pulls in relevant patient data from a provider’s EHR to analyze financial risk. Providers can see which patients can benefit from different or supplemental insurance plans, those who may need their funding renewed, and identify and prioritize patients with the highest out-of-pocket costs. Within each patient view, teams can see the medical journey, summary of benefits and its impact on their financial situation. Patients can be matched with any of thousands of funding programs in real-time and enrolled in just a few clicks.

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Expert Collections containing TailorMed

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

TailorMed is included in 3 Expert Collections, including Insurtech.

I

Insurtech

1,798 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

C

Cancer

3,605 items

Companies researching, developing, or offering products & services that aid in the screening, prevention, diagnosis, management, and treatment of cancer.

D

Digital Health

12,795 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

Latest TailorMed News

Daniel Johnson Joins TailorMed as a Board Director

Mar 30, 2022

CEO, entrepreneur and healthcare visionary Daniel Johnson to help accelerate growth and expand market leadership for VC-funded digital financial health company Download TailorMed welcomes entrepreneur and healthcare visionary Daniel Johnson to its Board of Directors. (Photo: Business Wire) March 30, 2022 08:00 AM Eastern Daylight Time NEW YORK--( BUSINESS WIRE )-- TailorMed , a leading financial navigation technology company that helps healthcare organizations and patients remove financial barriers to care, announced today the addition of Daniel Johnson as a new Board Director at TailorMed. Mr. Johnson brings more than 30 years of leadership in the healthcare sector as an executive and entrepreneur who is passionate about growing healthcare technology companies that drive efficiency in healthcare systems. Prior to joining TailorMed, Mr. Johnson founded and was the CEO of SearchAmerica, Inc., a leader in financial clearing solutions for healthcare, which was later acquired by Experian, a $5 billion global data and analytics company. Mr. Johnson led the creation of a new healthcare business unit within Experian that became the market leader in healthcare revenue management, used today by more than 3,000 hospitals and 10,000 physician practices, as well as payers and pharmacies. In addition, his team created a unique patient identity matching solution that links patients' records across the healthcare industry. These solutions improve revenue management, drive fraud out of healthcare, identify millions of people who qualify for financial assistance, and verify and link patient identities to improve efficiency and care across the industry. TailorMed was founded with a personal mission to help patients and the US healthcare industry tackle the financial challenges of care delivery. The company is building the nation’s largest network of patients, providers, pharmacies and life science companies focused on ensuring all patients across all medical conditions can afford treatment. The network is driven by TailorMed's best-in-class platform, automating the entire process of proactively identifying financially at-risk patients and matching and enrolling them in financial resources. “TailorMed has created a culture of innovation with an unwavering passion for solving one of healthcare’s biggest challenges,” said Mr. Johnson. “I’m honored to contribute to the company’s rapid growth as it scales into becoming a world-class health technology provider.” “Adding Daniel Johnson to our Board is a game changer,” said Srulik Dvorsky, CEO of TailorMed. “Daniel is a visionary leader with a track record of building innovative healthcare technology companies. His strategic thinking towards our network will help guide us as we continue to accelerate our growth in the market.” About TailorMed TailorMed is building the nation’s largest network of patients, providers, pharmacies, and life science companies focused on ensuring all patients across all medical conditions can afford treatment. The network is driven by TailorMed's best-in-class platform, automating the entire process of proactively identifying financially at-risk patients and matching and enrolling them in financial resources. Healthcare organizations can deliver a world-class patient and provider experience while reducing the cost of care delivery and increasing revenues. TailorMed’s solutions are deployed across 1,000 sites of care, including Providence Health, UnityPoint Health, Yale-New Haven Health and Advocate Aurora Health. To learn more, go to https://tailormed.co . Contacts

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