CoverMyMeds - Ownership and Business Overview

SoftwareCompany

CoverMyMeds Ownership

Who owns CoverMyMeds?

CoverMyMeds is owned by McKesson. It was acquired on January 26, 2017.

Was CoverMyMeds formerly PE-backed?

Yes. CoverMyMeds was formerly owned by 1 private investor.

CoverMyMeds Business Overview

Where is CoverMyMeds headquartered?

CoverMyMeds is headquartered in Twinsburg, Ohio.

What sector is CoverMyMeds in?

CoverMyMeds is a software company.

When was CoverMyMeds founded?

CoverMyMeds was founded in 2008.

Software M&A Summary in 2017

Out of 60 sectors in the Mergr database, software ranked 3 in number of deals in 2017. The largest software acquisition in 2017 was Mobileye Global - which was acquired by Intel for $14.7B.

Join Mergr to view all 654 acquisitions of software companies in 2017, including 56 acquisitions by private equity firms, and 598 by strategics.

CoverMyMeds LLC

10574 Ravenna Road,
Twinsburg, Ohio 44087
United States,
(614) 360-1732
www.covermymeds.com

CoverMyMeds LLC is a provider of software suite which automates the medication prior authorization process for more than 500 electronic health records (EHR) systems, 47,000 pharmacies, 700,000 providers and most health plans and PBMs. By ensuring appropriate access to medications, the company helps its customers avoid billions of dollars each year in administrative waste and avoidable medical spending caused by prescription abandonment.


Company Summary

SECTOR

Software

Established

2008

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