Inovalon

Inovalon is a leading provider of cloud-based platforms empowering data-driven healthcare in the US.

Company Background

• Industry-leading data insights solution that uses the power of data to enable better standards, efficiency and economics across the healthcare ecosystem.
• Patient-centric approach that combines a platform, proprietary datasets and industry-leading expertise with advanced analytics that provide insights for the benefit of patients.
• The company’s analytics and capabilities are used by over 50,000 active, licensed customers, and are informed by the primary source data of more than 86 billion medical events across 1.1 million physicians, 682,000 clinical settings, and circa 400  million unique lives.

Vision & Outlook

• Help Inovalon to grow and drive innovation that delivers meaningful value and measurable results for all stakeholders across the healthcare landscape.
• Use the power of data to enable better standards, efficiency and economics supporting the move to a more sustainable data-driven healthcare ecosystem.

Updates & Highlights

• In early 2024, Inovalon completed the acquisition of Vigilanz, strengthening the provider product with regulatory and compliance modules while adding new insights use cases from real time data to support clinical trails.
• In 2024, introduced an AI-powered covered record review to enhance health plans' efficiency in the risk adjustment process through cutting-edge technologies and analytics.