TailorMed

End-to-end Financial Navigation Solution for Healthcare Providers

Health Tech & Life Sciences
Acquired
Series B Tel Aviv-Yafo Founded 2016
Total raised
$60.5M
Last: Debt Financing 2024-11
Stage
Series B
Founded
2016
Headcount
192
HQ
Tel Aviv-Yafo
Sector
Health Tech & Life Sciences

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. TailorMed 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. TailorMed 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. TailorMed 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.

Funding history · 6 rounds · $60.5M total

2024-11
Debt Financing $12.5M
2024-11
Undisclosed $27.5M
2021-09
Series B $5.0M
2021-06
Series B $20.0M
2019-06
Series A $2.0M
2019-03
Series A $6.0M

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Fintech & InsurtechPersonal Finance ManagementInsurtechHealth Tech & Life SciencesDigital HealthcareClinical Workflow
Technologies
Artificial IntelligencePlatforms & InterfacesSoftware
Target customers
Healthcare & Life SciencesHealthcareProvidersInsurance Companies
Business model
B2B2C

Highlights

Verified

Tags

big-data-analyticspatientshealth-informationdigital-healthcaredoctorshospitalssoftware-applicationshealthcare-providershealth-managementpersonalizationfinancial-servicesoncologyweb-platformsaasartificial-intelligenceclinical-workflowpredictive-analyticspopulation-health-managementinsurance-companiesinsurtechreal-time