CoverMyMeds in Columbus, Ohio, helps patients gain access to the medications they need to live healthier lives. Their technology solution automates the prior authorization process to ensure patients meet the criteria for their prescriptions, which reduces overall cost and improves quality of care by providing the right medication for patients.
CoverMyMeds has grown into a major success and contributed significantly to the flourishing entrepreneurial environment in Ohio. After growing rapidly with the support of several Ohio Third Frontier community partners such as JumpStart, CoverMyMeds was acquired by McKesson Corporation in 2017 for $1.1 billion. This acquisition was one of the largest exits in Ohio for a technology startup. To date, the healthcare technology company has helped over 65 million patients gain access to the drugs they need. The historic partnership will enable CoverMyMeds to expand even further, creating more jobs in Ohio and improving the care of patients.