Cloud‑based platform that identifies, matches, and enrolls patients into financial assistance programs across the medication journey.
Vendor
TailorMed
Company Website
TailorMed Platform is a healthcare software platform designed to manage patient financial navigation at scale. It centralizes the identification of financially at‑risk patients, matches them to relevant assistance programs, and supports enrollment and tracking throughout the treatment lifecycle. The platform is built to support hospitals, clinics, pharmacies, and care teams that must manage complex medication affordability workflows. It integrates benefit verification, out‑of‑pocket projections, program matching, and enrollment into a single operational system. This reduces manual administrative work and improves consistency across teams and locations. TailorMed Platform also provides analytics and operational visibility. Organizations can monitor financial outcomes, patient coverage, and team productivity while coordinating across clinical, financial, and pharmacy functions. The platform is intended for ongoing operational use rather than one‑time financial assessments.
Key Features
Financial Navigation
Centralized management of affordability workflows.
- Identification of financially at‑risk patients
- End‑to‑end management of assistance activities
Electronic Benefit Verification
Automated insurance analysis.
- Verification of coverage and benefits
- Calculation of deductibles, copays, and coinsurance
Out‑of‑Pocket Cost Projection
Estimation of patient financial exposure.
- Medication‑specific cost projections
- Support for buy‑and‑bill treatments
Intelligent Program Matching
Automated eligibility matching.
- Matching to copay cards, foundations, and free drug programs
- Coverage of government and assistance programs
Express Enrollment
Streamlined digital enrollment.
- Direct integrations with manufacturers
- Reduced manual forms and follow‑ups
Financial Insights and Analytics
Operational and financial visibility.
- Tracking of assistance value and cost avoidance
- Monitoring of patient populations and trends
Pharmacy Management
Support for free and replacement drug workflows.
- Inventory and shipment tracking
- Automated scheduling aligned with treatment plans
Benefits
Reduces Patient Financial Barriers
Improves access to treatment.
- Increased use of available assistance
- Lower out‑of‑pocket burden for patients
Improves Operational Efficiency
Automates administrative work.
- Fewer manual forms and outreach tasks
- Scalable workflows across teams and sites
Increases Financial Recovery
Supports revenue optimization.
- Better capture of assistance funds
- Reduced drug acquisition costs
Enhances Care Team Coordination
Aligns financial and clinical workflows.
- Shared visibility across departments
- Consistent processes across locations
Provides Measurable Insight
Supports data‑driven management.
- Clear performance and productivity metrics
- Transparency into patient and program outcomes