TailorMed collaborates with AllianceRx Walgreens Prime to reduce patient costs
The Israeli company will help one of the U.S.’s largest specialty and home delivery pharmacies to quickly identify financial assistance programs for patients at risk of not affording specialty medications
CTech | 11:03 15.07.2021
Israeli company TailorMed, which has developed a financial navigation technology platform that helps healthcare organizations remove financial barriers to care, has announced that it will be collaborating with AllianceRx Walgreens Prime – one of the U.S.’s largest specialty and home delivery pharmacies. TailorMed’s platform will help the organization reduce the burden of specialty therapies for eligible patients by streamlining the process of connecting them with financial resources. A recent study by the Kaiser Family Foundation revealed that nearly one-third of patients didn’t take their medication as prescribed due to the cost. AllianceRx Walgreens Prime will leverage TailorMed’s platform to quickly identify financial assistance programs for patients at risk of not affording the specialty medications needed to treat their chronic condition or rare disease. The specialty pharmacy will have access to over 5,000 programs updated in real-time. These financial resources include co-pay assistance, manufacturer voucher and bridge programs, government subsidies, community and state resources, assistance from disease-specific foundations, and SDOH (social determinants of health) programs.