BOWIE, Md. – June 26, 2015 – Inovalon (Nasdaq: INOV), a leading technology company providing advanced, cloud-based analytics and data-driven intervention platforms to the healthcare industry, announced that its founder and CEO, Keith Dunleavy, M.D., has been named the Ernst and Young (E&Y) Entrepreneur Of The Year 2015 in Maryland.
Ernst and Young’s national and regional awards program recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in areas such as innovation, financial performance and personal commitment to their businesses and communities. An independent panel of judges selected Dr. Dunleavy. He received the award at the E&Y Gala at the Baltimore Marriott Waterfront Hotel on June 25, 2015.
“I am deeply honored to receive such a prestigious award,” said Keith Dunleavy, MD, chief executive officer and chairman of Inovalon. “Personally, it has been an incredible experience to build something so meaningful and lasting while doing work about which I am so passionate. The capabilities that we are proud to bring into existence are truly the result of a great number of peoples’ talents and dedication. No one person deserves the credit for the contributions of so many. As a company, we are all truly gratified to play an integral role in transforming the healthcare industry to be more data-driven and patient-centric, while enabling better healthcare for millions of Americans every day.”
Since founding the origins of Inovalon, Dr. Dunleavy’s vision and commitment to driving change in healthcare has been steadfast. Today, as the healthcare landscape transitions from a paradigm of volume and consumption to one of quality and value, the highly differentiated ability of Inovalon to aggregate data, apply advanced cloud-based analytics, and drive meaningful impact and improvement in quality and financial performance has become a critical value to all aspects of the healthcare ecosystem. Working with 17 of the nation’s 25 largest healthcare organizations, Inovalon provides data-driven insights to more than 100 of the nation’s healthcare systems, touching 98.2 percent of all counties within the U.S. To build upon this success and extend its vision more broadly, Inovalon went public on February 12, 2015, in what was one of the largest and most successful technology IPOs of the year.
Inovalon is a leading technology company that combines advanced, cloud-based data analytics and data-driven intervention platforms to achieve meaningful insight and impact in clinical and quality outcomes, utilization, and financial performance across the healthcare landscape. Inovalon’s unique achievement of value is delivered through the effective progression of Turning Data into Insight, and Insight into Action®. Large proprietary datasets, advanced integration technologies, sophisticated predictive analytics, data-driven intervention platforms, and deep subject matter expertise deliver a seamless, end-to-end capability that brings the benefits of big data and large-scale analytics to the point of care. Driven by data, Inovalon uniquely identifies gaps in care, quality, data integrity, and financial performance – while bringing to bear the unique capabilities to resolve them. Providing technology that supports hundreds of healthcare organizations in 98.2% of U.S. counties and Puerto Rico, Inovalon’s cloud-based analytical and data-driven intervention platforms are informed by data pertaining to more than 763,000 physicians, 257,000 clinical facilities, and more than 121 million Americans providing a powerful solution suite that drives high-value impact, improving quality and economics for health plans, ACOs, hospitals, physicians, consumers and pharma/life-sciences researchers. For more information, visit www.inovalon.com.
About EY Entrepreneur Of The Year™
EY Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.
Kim E. Collins
4321 Collington Road
Bowie, Maryland 20716
Phone: 301-809-4000 x1473
Greenough, on behalf of Inovalon