Market Penetration CoverMyMeds has established a dominant network comprising approximately 75% of electronic health record systems, over 50,000 pharmacies, and nearly a million healthcare providers, indicating a robust platform for expanding digital health solutions and integrations.
Recent Restructuring The company recently reduced its workforce by over 1600 employees and closed an Arizona office, suggesting a strategic shift or cost optimization that may impact ongoing projects and create opportunities for targeted service offerings.
Technology Expansion With recent launches like Med Check and partnerships that enhance pharmacy ePA capabilities, CoverMyMeds is actively investing in interoperability and clinical workflow technology, opening avenues for sales of advanced health IT solutions.
Financial Scale Generating between one and ten billion dollars in revenue, CoverMyMeds demonstrates substantial financial stability and market presence, making it a lucrative partner for enterprise-level healthcare technology solutions.
Strategic Partnerships Collaborations with firms like Fortuity Calling and Medical House of Knowledge highlight an openness to integrated care collaborations and innovative outreach programs, presenting opportunities for joint ventures and expanded service offerings.
$500M$1B
$50M$100M
$1B$10B
$10B
$500M$1BCoverMyMeds uses 8 technology products and services including PostgreSQL, DB2, ForgeRock, and more. Explore CoverMyMeds's tech stack below.
| CoverMyMeds Email Formats | Percentage |
| FLast@covermymeds.com | 88% |
| First.Last@covermymeds.com | 11% |
| FMiddleLast@covermymeds.com | 1% |
IT Services and IT ConsultingUnited States1001-5000 Employees
CoverMyMeds is a medication access company committed to helping people get the medicine they need to live healthier lives. CoverMyMeds’ network includes approximately 75% of electronic health record systems (EHRs), 50,000+ pharmacies, 950,000 providers and most health plans and PBMs. Visit www.covermymeds.com for more information.
Company Overview
Funding & FinancialsCoverMyMeds's revenue is estimated to be in the range of $1B$10B
Funding & FinancialsCoverMyMeds's revenue is estimated to be in the range of $1B$10B
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