Inovalon launched a clinical quality outcomes measurement solution – the foundation of what is now known as Converged Quality – designed to aggregate data for health plans reporting to the National Committee for Quality Assurance (NCQA), Centers for Medicare & Medicaid Services (CMS), the federal government, and various state departments of health.
History of Inovalon
Over 25 years of turning healthcare data into better patient and business outcomes across payers, providers, pharmacies, and life sciences organizations.
1998
Founded
Inovalon was founded in response to increasing healthcare regulations and fragmented data across the industry, with a focus on applying technology and data to improve healthcare. The company expanded the scale and capabilities of its systems over the ensuing years, extending its customer base to health plans across many states.
2003
Quality Measurement
2009
Catalyst
Inovalon acquires Catalyst, a leading provider in the provision of HEDIS® reporting.
2010
The MORE2 Registry®
Inovalon’s Medical Outcomes Research for Effectiveness and Economics Registry (MORE2 Registry®) was developed and rapidly grew to become one of the nation’s largest and deepest primary source healthcare datasets. The analytical strength of Inovalon’s systems expanded significantly and received strong market adoption, distinguishing the Company as a leader in healthcare data analytics.
2011
Expanded Quality Capabilities
Inovalon continued to expand, launching several large-scale, innovative products focusing on the analysis and improvement of clinical and quality outcomes. With advancements in predictive analytics, Star Advantage® (now a part of Converged Quality) was launched, enabling the achievement of sophisticated clinical quality outcomes analysis and improvement on a population scale.
2013
IVANS
ABILITY Network, which is now part of Inovalon’s Provider business, acquires IVANS, a web-based Medicare service vendor.
2015
IPO
Inovalon goes public to better serve our customers and their patients with unique, deidentified, longitudinally matched primary source data.
2016
Pharmacy
Inovalon enters the specialty pharmacy space with the acquisition of Creehan & Company, the foundation of today’s ScriptMed® solution suite. Our Pharmacy solutions support end-to-end operations, patient care, clinical decision-making, business intelligence, and analytics across specialty and infusion workflows.
2017
Shifthound
ABILITY Network, now part of Inovalon’s Provider business, acquires Shifthound, a leader in cloud-based healthcare workforce management solutions.
2018
Provider
Inovalon enters the provider market across ambulatory, acute, and post-acute care with the acquisition of ABILITY Network – now Inovalon’s Provider business. Our provider solutions help healthcare organizations strengthen revenue performance, workforce operations, and clinical decision-making across thousands of sites of care in the U.S.
2021
Private
Inovalon goes private for $7.5 billion by an equity consortium led by Nordic Capital, and joined by Insight Partners as lead co-investors, 22C Capital, and Inovalon Founder and CEO, Keith R. Dunleavy, M.D.
2024
Expanded Provider and Life Sciences Offerings
Inovalon acquires VigiLanz, a leading clinical surveillance and patient safety software and data company, expanding Inovalon’s Provider and Life Sciences solution portfolios, customer base, and the Company’s clinical data connectivity.
2025
Transformation and New Leadership
Inovalon completed a three-year transformation of its technology, product, and data infrastructure, creating a more unified software and data business designed to support faster innovation, greater scale, and more efficient access to insights.
In March, Adam Kansler became Chief Executive Officer, succeeding founder Keith R. Dunleavy, M.D., and leading Inovalon into its next chapter of growth and transformation. Inovalon also expanded strategic collaborations with technology leaders, including Google Cloud and Snowflake, to advance how healthcare organizations access and apply data, analytics, and AI.
Today
Building What's Next
Healthcare continues to evolve rapidly, shaped by growing data complexity, workforce pressures, changing regulations, and new possibilities from technologies such as artificial intelligence. Inovalon is building for what comes next by continuing to advance its data, software, and analytics capabilities and applying emerging technologies where they can make healthcare work better.
As healthcare changes, Inovalon continues to evolve alongside the organizations it serves. By combining deep healthcare expertise, connected data, and new technologies, we are focused on helping customers navigate new demands, unlock new opportunities, and continue to improve patient and business outcomes.
WHO WE HELP
Advancing Healthcare's Transformation with Data
Discover how Inovalon is enabling meaningful, deeply-informed action for customers.
Payers
Improve quality reporting, audit readiness, and value-based care with guidance at the right time, in existing workflows.
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Providers
Strengthen revenue, staffing, and clinical decision-making with solutions built around real workflows in every care setting.
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Pharmacies
Turn complex therapy into coordinated care, with one system that improves workflows, adherence, and outcomes.
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Life Sciences
Generate defensible real-world evidence with data and solutions built for the full research-to-decision journey.
Learn moreHEDIS® is a registered trademark of the National Committee for Quality Assurance (NCQA).