BOWIE, Md. – May 18, 2015 – Inovalon (Nasdaq: INOV), a leading technology company providing advanced cloud-based analytics and data-driven intervention platforms to the healthcare industry, will present results from two studies related to Medicaid and Medicare Advantage quality performance measurement during the International Society for Pharmacoeconomics and Outcomes Research (ISPOR) Annual Meeting in Philadelphia. The studies feature data from Inovalon’s Medical Outcomes Research for Effectiveness and Economics (MORE2) Registry®, one of the industry’s largest healthcare datasets.
Christie Teigland, PhD, Inovalon’s senior director of statistical research, will review the study findings during the following sessions:
“Inovalon is using advanced analytics to unleash the power of big data to better understand factors related to health disparities in disadvantaged and dual eligible Medicaid and Medicare Advantage beneficiaries,” said Ms. Teigland. “These findings can be used by health plans, integrated healthcare delivery systems, and provider organizations to identify groups of members with worse outcomes for targeted data-driven interventions to improve overall clinical and quality outcomes in this vulnerable population. The findings also support improved clinical outcomes, greater utilization cost efficiency, and higher performance on their Medicare Advantage Five Star quality incentive ratings.”
These studies were made possible by the combination of Inovalon’s big data analytics platform and the Company’s MORE2 Registry®. As of March 2015, Inovalon’s MORE2 Registry® contained clinical data pertaining to more than 121 million patients, 763,000 physicians, and 257,000 clinical facilities.
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.
Kim E. Collins
4321 Collington Road
Bowie, Maryland 20716
Phone: 301-809-4000 x1473
Greenough on Behalf of Inovalon