TailorMed

09/04/2024

👋 If you're in Vegas for the Healthcare Advocate Summit, don't miss our Director of Financial Navigation Clara Lambert's session, "Building Relationships between Industry & Navigation," TODAY, 9/4, 3 p.m. PT!

Clara is a leader in the field of financial navigation, and she'll appear alongside a panel of experts: Lacey Varnon from National Association of Medication Access & Patient Advocacy, Pfizer's Josh Bergren, and Melanie Woodland of Saint Alphonsus. 💡 Hope to see you for this insightful conversation!

09/03/2024

We're proud to sponsor this year's Healthcare Advocate Summit Guide! 📚 If you're in Vegas for this amazing event, be sure to pick up a guide and check out our featured article, "How Mature is Your Organization's Financial Assistance Program?"

➡️ Read the article on p.29 for expert tips + scan the QR code to take our assistance program maturity assessment. You'll get an instant snapshot of where your program stands and how to take it to the next level 👇:

https://bit.ly/3AMumkx

Enjoy some reading material while you travel! We're thrilled to share our 2024 Summit Guide, sponsored by TailorMed!

📚 Feature Article by TailorMed: 'How Mature is Your Organization's Financial Assistance Program?'
🗺️ Exhibit Hall Map
🏢 Exhibitors List
🗓️ Agenda
📝 Multiple Educational Articles

Thank you to all our Healthcare Advocates for supporting this comprehensive 84-page guide!

🔗 https://buff.ly/3XrxzPk

08/30/2024

To our dedicated team, clients, and partners: Thank you for your tireless work to move mountains for patients every day. Ahead of the holiday weekend, we wanted to wish you a Happy Labor Day! 🇺🇸 🌟

08/28/2024

Medicare Open Enrollment is on the horizon! In 2025, several changes that impact affordability will take effect. Here’s what navigators and other professionals need to know 👇:

Among this year’s changes:
💊 $2,000 out-of-pocket spending cap for prescriptions
🍩 No more Part D ‘donut hole’ or coverage gap
📃 Midyear statement from Medicare Advantage plans

Learn more via AARP ⬇️:

Lower drug costs, coverage changes and new benefits

08/27/2024

Heading to Vegas next week for the Healthcare Advocate Summit? 🗓️ On 9/4, 3 p.m. PT, don’t miss “Building Relationships between Industry & Navigation,” feat. our own Clara Lambert.

💡 This insightful session will feature Clara, our Director of Financial Navigation, Lacey Varnon from National Association of Medication Access & Patient Advocacy, Pfizer's Josh Bergren, and Melanie Woodland of Saint Alphonsus.

The panel of experts will discuss how to establish strong industry relationships to improve treatment adherence and patient outcomes. Learn more 👇

👋 Will we see you there? Drop us a line in the comments and let us know!

08/23/2024

T - 2 weeks until the Healthcare Advocate Summit! We're proud to support this premier event for professionals involved in patient access, navigation, and advocacy.

🏛️Schedule at a Glance + Reception Event Dress Code!

📅 Tuesday 9/3
- 🕑 2:00-5:00 PM | Registration Check-in
- 🎬 5:00 PM | Film Screening: The Pitch - Patient Safety's Next Generation

📅 Wednesday 9/4
- ✂️ Ribbon Cutting sponsored by HealthWell Foundation & Happy Hour sponsored by NAMAPA in the Exhibit Hall! Come meet all our wonderful exhibitors and explore the space!

📅 Thursday 9/5
- 🌊 Poolside Reception sponsored by CVS Health. The theme is inspired by the Greek Gods at Caesars Palace—see you in your white attire! 🤍

📅 Friday 9/6
- 💼 Roundtables in the Exhibit Hall
- 🏥 Therapeutic Industry Insight Panels with key opinion leaders from clinics, hospitals, and infusion centers.
- 🏆 Closing and Awards Ceremony** announcing our 2024 Advocates of the Year!

September 3-6, 2024
Caesars Palace, Las Vegas

Let us help you with any questions for the Summit by commenting or reaching out to us directly!

Check out the Agenda, Speakers, and Exhibitors: https://buff.ly/46LWrEK

08/22/2024

Report: 14% of Americans who owe >$10K carry 75% of the nation’s medical debt burden. 💸 The best time to stop medical debt = before it starts, with proactive financial assistance.

➡️ We’re here to help providers and pharmacies proactively secure financial resources for their patients BEFORE patients face a bill they can’t afford.

💡 Together, we can improve patients’ + healthcare organizations’ financial health.

Explore data that shows the populations that are most affected by medical debt.

08/16/2024

2 years ago today, the Inflation Reduction Act was signed into law. This legislation has major implications for affordability. Check out our explainer 👇:

Our Director of Financial Navigation Clara Lambert explains key provisions of the IRA, including:
💊 A $2,000 cap on Medicare Part D out-of-pocket spending
💊 Negotiated prices for some high-cost drugs under Medicare (New prices for the first 10 drugs selected for price negotiation were announced this week)
💊 $35 cap on monthly out-of-pocket costs for insulin for Medicare beneficiaries

Here's what healthcare professionals need to know ⬇️:

Director of Financial Navigation Clara Lambert breaks down what the Inflation Reduction Act means for patient affordability.

08/14/2024

We're proud to take part in this important study on the value of cost estimates + financial navigation for cancer patients, led by University of California, Irvine's Dr. Gelareh Sadigh. 📺 Watch this video from ECOG-ACRIN Cancer Research Group, feat. our own Clara Lambert, to learn more:

"Sometimes people stop taking their medicine or miss their doctor's appointments because they can't afford it. This study is testing ways to help patients avoid having to make those tough choices." - Dr. Gelareh Sadigh

Study chair Dr. Gelareh Sadigh, TailorMed representative Clara Lambert, and advocate Mary Lou Smith discuss this trial that aims to provide out-of-pocket cos...

08/12/2024

One of the nation’s largest specialty pharmacies used a manual, time-consuming process to connect patients with financial assistance. In our latest use case, learn how our solutions helped the pharmacy take assistance to the next level. 👇

Our platform and Express Enroll solution offered the pharmacy:
⚙️ Seamless data integration
👦 Proactive identification of all patients eligible for assistance
👩🏻‍💻 Streamlined matching and enrollment (60% time savings per enrollment)
📊 Insights to track success

💊 Learn how a tech-supported approach empowered the pharmacy to drive efficiency, decrease prescription abandonment, and enhance patient experience:

TailorMed highlights how a leading specialty pharmacy improved assistance to decrease abandonment and enhance patient experience.

08/09/2024

Yesterday, we hosted our own version of the Olympics with "Le Brunch," complete with French fare and team competition. 🇫🇷 🥐 Congrats to the red team on their impressive win! 🥇

From the typing contest to paper airplanes to the ball hoops challenge, we showed off our skills ... and had a blast!

"Merci beaucoup" to Gil Pollack who wins the gold medal for team-building. 🏆

08/06/2024

👋 Meet TailorMed's Sapir Gruner! "Being an implementation engineer allows me to combine my technical skills with client interaction, which keeps my role dynamic and rewarding."

Learn more about Sapir and how she contributes to our mission to "move mountains for patients." 🏔️

Meet our team 😀 😁

08/01/2024

How mature is your organization’s financial assistance program? On our blog, we highlight the 4 pillars of program maturity + how to level up. 📈

“Navigators and other professionals want to help as many patients as humanly possible … Understanding where opportunities for growth and improvement exist is critical to your success.” – Clara Lambert, Director of Financial Navigation, TailorMed

Clara shares how to evaluate an assistance program’s maturity within these four areas:
📊 Strategy
👩🏻‍⚕️ People
⚙️ Processes
🧑‍💻 Technology

Read our blog and watch Clara’s video to learn more 👇:

Finding opportunities to improve is critical to a financial assistance program's success. We highlight the 4 pillars of program maturity.

07/30/2024

Great to start the day with a bagel breakfast in our New York office! 🥯 ☕️

Many thanks to our wonderful office manager Gil Pollack for making sure we have opportunities to come together as we continue to move mountains for patients. 🌄 💪🏻

07/29/2024

Last week, CMS issued additional guidance for the Medicare Prescription Payment Plan (M3P). 💊 Our own Clara Lambert shares what navigators & other professionals need to know ⬇️:

Set to take effect in 2025, the M3P is a new initiative to reduce Rx out-of-pocket expenses for Medicare beneficiaries. Key features include:
💊 Capping out-of-pocket costs
💊 Improved catastrophic coverage
💊 "Smoothing" out-of-pocket costs.. and more

Learn more from Clara's insightful explainer 👇.

Financial Navigators play a crucial role in guiding Medicare beneficiaries through changes in their healthcare coverage. As the Medicare Prescription Payment Plan (M3P) is set to take effect in 2025, navigators must understand these changes to support their patients better.

07/25/2024

“We can’t focus on innovation alone when patients are drowning in an ever-rising river of need.” Proud to partner with organizations like The Leukemia & Lymphoma Society that are committed to changing these stats:

Did you know?
🟥 42% of cancer patients exhaust their entire life savings within two years of diagnosis.
🟥 1 in 4 cancer patients delay, forgo, or dangerously alter treatment due to cost.

➡️ We’re dedicated to helping patients with cancer and other conditions access the assistance they need to get the care they deserve.

In my years as a practicing hematologist-oncologist and now as chief medical officer of The Leukemia & Lymphoma Society (LLS), I’ve met many blood cancer patients who worry about how they’ll afford their treatment on top of day-to-day expenses like rent and groceries. LLS offers financial ass...

07/22/2024

PwC: The medical cost trend – a.k.a. projected increase in cost to treat patients – will reach a 13-year high in 2025. 📈

“Today’s medical cost trend is an urgent call to action for healthcare organizations to rethink their strategies to manage the total cost of care more effectively – a challenge that is inextricably linked to the broader challenge of affordability.”

💡 The challenges of affordability impact patients and organizations alike. 👋 We’re here to offer a comprehensive solution.

Help guide providers, payers, pharma companies and employers as they determine medical cost trends and the factors driving or dampening spending in 2024.

07/16/2024

How are health system CFOs keeping their organizations financially stable? Many are leveraging technology to reduce costs, improve efficiencies, & enhance the patient experience.

💡 By optimizing financial assistance, our solutions help organizations deliver affordable care while boosting staff efficiency and increasing revenue.

See how health system CFOs are tackling rising costs and stabilizing finances for their organizations.

07/15/2024

Study: People with type 2 diabetes experience higher costs at age 65, potentially increasing nonadherence & complications. We’re committed to improving affordability across ALL conditions.
A tech-supported, disease-agnostic approach to financial assistance allows healthcare organizations to:
👬 Flag patients in need across ALL services lines and diagnoses
🏥 Match and enroll patients (including Medicare beneficiaries) in resources like disease-specific foundation grants
👩🏻‍⚕️ Reduce nonadherence and boost patient financial experience.

JAMA study evaluates changes to out-of-pocket costs and utilization of type 2 diabetes medications once patients reach the age of 65 years.

07/11/2024

T-2 months till the Healthcare Advocate Summit! We’re proud to support this premier event for advocacy professionals. Don’t miss “Building Relationships btw Navigation & Industry,” a session led by our own Clara Lambert.

Will you be at ? Drop us a line in the comments and let us know. ⬇️

👋 Our team would love to chat about how we can help your organization secure more financial assistance for your patients.

Learn more about the conference: https://lnkd.in/e_EZqbR

07/10/2024

👋 Meet software engineer Goni Sadan: "I love that my job is meaningful, allowing me to contribute to an important cause." Learn more about Goni and her work at TailorMed. ⬇️

Meet our team 😀 😁

07/09/2024

We're proud to partner with patient-centered organizations like AO Multispecialty Clinic! CEO Traci Duffie shares how our collaboration helped the team secure more assistance & boost financial performance. ⬇️

By adopting a tech-supported approach to financial assistance, AOMSC achieved:
👩🏻‍⚕️ 108% increase in average assistance program enrollments per month
💸 150% increase in average revenue per month
℞ 89% increase in copay assistance program enrollments

Read our case study to learn more: https://bit.ly/3WcjNj8

07/08/2024

University of Michigan survey: Older Americans’ top 3 health concerns had to do with costs. Q: How can we help more Medicare beneficiaries access financial assistance?

💡A: A tech-supported approach can help by proactively identifying patients in need and streamlining the process of matching Medicare beneficiaries with foundations grants and other resources.

More than half of older Americans surveyed were “very concerned” about the costs of:
🏥 Medical care in general
👩🏻‍⚕️ Long-term care
℞ Prescription drugs
🩺 Health insurance costs
🪥 Dental care costs

Rising health care costs are fueling anxiety among older Americans covered by Medicare. They’re right to be concerned.

07/04/2024

"Where liberty dwells, there is my country." - Benjamin Franklin. Happy Independence Day from all of us at TailorMed! 🇺🇸🎇

07/03/2024

Happy (early) 4th of July! We kicked off America's birthday yesterday in our New York office. Wishing our team, clients, and partners a happy Independence Day! 🇺🇸🎇

06/27/2024

Yesterday, CMS announced the latest round of drugs discounted for Medicare patients under the Inflation Reduction Act. Our own Clara Lambert explains what this legislation means for affordability.

The Inflation Reduction Act, passed in 2022, aimed to alleviate the cost burden by:
💸 Lowering prescription drug costs for Medicare enrollees
🏥 Extending ACA subsidies

Learn more about the implications for patients and healthcare organizations.

Director of Financial Navigation Clara Lambert breaks down what the Inflation Reduction Act means for patient affordability.

06/24/2024

Healthcare Financial Management Association (HFMA)'s Annual Conference starts TODAY! Will you be there? Let us know in the comments.

👋 Connect with our own Ryan Grace to learn how a proactive, tech-supported approach to financial assistance can help boost affordability for your patients AND increase revenue for your organization.

06/21/2024

👋 Hello Vegas! To kick off , we’re thrilled to share a use case featuring our valued infusion center client, PURE Infusion Suites. Read how Pure optimized assistance & visit us at booth 516 to learn more. ⬇️

Pure Infusion harnessed our platform & our tech-enabled support service, TailorMed Complete, to:
🏥 Proactively identify Medicare patients eligible for assistance
👩🏻‍💻 Streamline assistance program matching, enrollment, and claims processing
📉 Decrease A/R as a direct result of foundation funding secured

“Through our partnership with TailorMed, the strides we’ve made in efficiently addressing the financial support needs of our federally insured patients have been nothing short of remarkable.” – Holly Brewer, VP of Revenue Operations, Pure Healthcare

Read more ➡️: https://tailormed.co/case/pure-infusion-use-case/

👋 Meet TailorMed’s Srulik Dvorsky and Bryan Bloom at booth 516 to find out how we can help your infusion center take assistance to the next level.

Pure Infusion Suites sought to centralize financial assistance and better serve Medicare beneficiaries with the help of TailorMed.

06/20/2024

Tomorrow! We're heading to Vegas for . Stop by and see us at booth 516. We're excited to meet infusion center leaders and chat about how we can help expand patient access and affordability.

Exciting news, attendees, we have a full exhibit hall for our time together in Las Vegas! We are now sold out of exhibit space at the MGM Grand.

Be sure to visit each one of these 120 organizations at their booths when you are with us: 4U Medical, AbbVie, ACU-Serve, ADMA Biologics, AdvisorWoRX, Alexander International Innovations, LLC, Alexion, AstraZeneca Rare Disease, Allegiance Group, Amber Specialty Pharmacy, American Rheumatology Network, AMGEN, Annexus Health, Argenx, Cencora, BIOCARE, Biogen, Boehringer Ingelheim (BI), Bristol Myers Squibb, BuyandBill.com, Cardinal Health, Catalyst Consulting, Champion Manufacturing, CSL Behring, Cumberland Pharmaceuticals, CuraScript SD, Curbside Infusion Venture, Dream Seats, eBlu Solutions, Eisai Inc., Eitan Medical, Endue, Enthermics Medical Systems, EQTemp, a division of Felix Storch, Inc, Expert Infusion Nurse Consulting, LLC, Ferring Pharmaceuticals, FFF Enterprises, Fly Chain, Fresenius Kabi, Genentech, Grifols, GSK, HEAL Fashion | IV Hoody, Healthwell Foundation, House Rx, ICU Medical Inc., ID Medical Devices, Immunoglobulin National Society (IgNS), InBody, Infinity Infusion Solutions, INFUSEFLOW LLC, Infusion Access Foundation, Infusion Nurse Society (INS), InfuSystem, Integrated Medical Systems, Inc. (IMS), Intuvie, IvWatch, Johnson & Johnson, KnarrStar Recruiting, LLC., Kwickscreen, Lamar Health, La-Z-Boy Healthcare | Knú Comfort, LeanTaaS, Lilly USA, LLC, LNP Medical, Main Bridge, Managed Health Care Associates, Inc., Matrix GPO, McGriff Insurance, McKesson, McKesson, Medically Integrated Dispensing, Med-Billing Solutions Inc, MedEdge Solutions, MedServe, Mertz Taggart, MONT Research, National Association of Specialty Pharmacy (NASP), National Home Infusion Association (NHIA), National Infusion Center Association (NICA), National Organization of Rheumatology Management (NORM), NeuroNet GPO, NextGen Healthcare, NexTrust Inc., Novartis Pharmaceuticals Corporation, Octapharma USA, OI Infusion, Optum Rx, Paragon Ventures LLC, Pegasus Medical Concepts, Pinnacle Revenue Management, Preferred Medical, Premier | Innovatix, Prochant, Prodigy Health, PX Technology, R2 Health, Rheumatology Nurses Society (RNS), Right Way Medical, RxToolKit, SamaCare, Sandoz Inc., Scio Management Solutions, Sectyr, LLC, SPS Health, Sun Pharma, TailorMed, Takeda, TANYR, Tennr, Teva Pharmaceutical Industries Ltd., TG Therapeutics, The Remedy Group, Trella Health, Triangle Healthcare Advisors LLC, UCB, Inc., Unlimited Systems, Vertisis Custom Pharmacy, VistaRx, WeInfuse, and Zero Gravity.