Inovalon

Inovalon is a cloud-based platform that enables data-driven healthcare for payers, providers, pharmacies and life sciences companies. With advanced analytics and primary source data, Inovalon empowers users to make better decisions about patient outcomes, business performance and healthcare economics.

For payers, Inovalon offers solutions to improve member care and outcomes through advanced analytics and dynamic business intelligence. This includes advanced risk score accuracy, quality measurement and patient engagement tools to improve healthcare quality and efficiency.

Providers can optimize revenue cycle management, care quality management and workforce management through a single, intuitive portal. This streamlines patient financial experiences, improves care safety and simplifies administrative tasks.

Pharmacies benefit from automated processing, real-time data exchange and electronic decision support to improve operational efficiency and patient adherence. Inovalon also offers solutions for life sciences companies to improve product life cycle strategy and performance with industry-leading data and analytics.

Some of the key features of Inovalon include:

• Data Integration: Consolidate patient data for better decision making.
• Advanced Analytics: Leverage predictive analytics and machine learning to drive early interventions and improve quality.
• Revenue Cycle Management: Automate claims processing and manage financial transactions more efficiently.
• Care Quality Management: Improve reimbursement and CMS Star Rating performance with better quality reporting and care management.
• Workforce Management: Automate scheduling processes across teams and locations.

With Inovalon, customers have seen improvements in provider engagement, patient care and cost savings. The platform serves nearly 20,000 customers across 53,000 sites of care, including leading US provider systems, health plans, pharmaceutical companies and specialty pharmacies. To learn more, visit the Inovalon website to see their solutions and request a demo.

Published on July 6, 2024