1. Home
  2. Companies
  3. CoverMyMeds
CO

CoverMyMeds

About

CoverMyMeds operates an electronic prior authorization platform that automates workflows between healthcare providers, pharmacies, and payers. Founded in 2008 by a pharmacist and software developer, the company addressed a longstanding inefficiency: traditional prior authorization required numerous phone calls and faxes, delaying patient access to medications. The ePA platform streamlines these communications and reduces administrative burden across the healthcare system.

The platform has achieved substantial scale. It integrates with 75% of electronic health record systems, connects to over 50,000 pharmacies, and is used by more than 950,000 healthcare providers. CoverMyMeds works with most major health plans and pharmacy benefit managers. In June 2025, the company acquired RxLightning to expand its capabilities in specialty medication access. CoverMyMeds now operates as a wholly owned subsidiary of McKesson Corporation.

The technical infrastructure supports APIs and integrations across EHR systems, pharmacy networks, and payer systems. The platform processes prior authorizations at scale, helping reduce prescription abandonment and accelerate the time from prescription to patient therapy.

Similar companies

AS

AssistRx

AssistRx provides innovative specialty pharmaceutical solutions and patient support services, combining technology and healthcare expertise to accelerate patient access to therapy and improve outcomes.

2 jobs
DR

DrFirst

DrFirst is a healthcare technology company providing intelligent medication management solutions including e-prescribing, medication history, and care collaboration tools to over 100 million patients annually across the U.S.

HH

Humata Health, Inc

Humata Health is a physician-led AI company that automates prior authorization processes for healthcare providers and payers, delivering touchless approvals to reduce administrative burden and ensure timely patient care.

US

UL Solutions

Plenful is a healthcare AI-powered workflow automation platform that streamlines manual pharmacy and healthcare operations, helping organizations reduce administrative burden, improve compliance, and unlock critical revenue.

PT

Prime Therapeutics LLC

Prime Therapeutics is a pharmacy benefit management company owned by Blue Cross and Blue Shield plans, delivering value-based pharmacy solutions to help people access affordable medications and improve health outcomes.

AV

Availity

Availity is the nation's largest health information network, facilitating billions of transactions annually between providers, health plans, and technology partners through a real-time collaboration platform.