CoverMyMeds operates an electronic prior authorization (ePA) platform that automates workflows between prescribers, pharmacies, and payers. Founded in 2008, the company has built deep integrations across the healthcare ecosystem: its platform is connected to 75% of electronic health record systems, over 50,000 pharmacies, and most major health plans and pharmacy benefit managers. More than 950,000 healthcare providers use the platform.
The company addresses a significant operational inefficiency in the American healthcare system. Prior authorization - the process by which insurers approve medication coverage before dispensing - creates administrative friction that delays patient access to prescribed treatments. CoverMyMeds automates these communications and workflows, reducing manual effort across all parties involved.
CoverMyMeds is a wholly owned subsidiary of McKesson Corporation, a major pharmaceutical and healthcare services distributor. The company expanded its capabilities in 2025 with the acquisition of RxLightning, which focused on specialty medication access. The platform operates at substantial scale, processing prior authorization requests across major health systems, retail and specialty pharmacies, and the full range of payers from national insurers to regional plans.