Inovalon Wins MedTech Breakthrough Award for Best Revenue Cycle Management Solutions
Recognized for scalable, data-driven revenue cycle solutions that reduce administrative friction, improve claims accuracy, and accelerate reimbursement
BOWIE, Md. – May 14, 2026 – Inovalon, a leading provider of data and solutions empowering data-driven healthcare, today announced that it has been selected as winner of the ‘Best Revenue Cycle Management Services Solution’ award in the 10th annual MedTech Breakthrough Awards for its comprehensive revenue cycle management capabilities, which help providers streamline workflows from patient access through final payment.
Inovalon was recognized for its scalable approach to claims management, supporting providers at every stage of growth. Inovalon’s Claims Management Starter™ and Claims Management Pro™ deliver claims validation, payer rules enforcement, and workflow automation across the claims lifecycle, while RCM Intelligence™ provides analytics and workflow visibility to help providers identify denial trends and improve financial performance. By combining workflow automation with predictive insights and embedded compliance intelligence, the solutions help providers reduce friction across the revenue cycle by identifying and resolving issues earlier in the process before they become downstream denials, delays, or administrative burden.
“With Inovalon, providers experience fewer denials, faster reimbursement, reduced administrative burden, and greater confidence across the revenue cycle,” said Steve Johansson, managing director, MedTech Breakthrough. “Instead of focusing on incremental automation, Inovalon delivers scalable, intelligence-driven claims management solutions that produce measurable operational and financial impact today and into the future.”
Inovalon’s claims management solutions are designed to scale alongside providers as they grow, allowing organizations to expand capabilities without re-platforming or operational disruption. Features such as advanced claims scrubbing, payer validation, and automation across the claims lifecycle have helped organizations achieve 98%+ first-pass payer acceptance rates and up to a 21% improvement in cash flow, accelerating reimbursement while delivering clearer financial outcomes for patients.
“Revenue cycle performance increasingly depends on how effectively providers can manage complexity across payer requirements, workflows, and growing administrative demands,” said Karly Rowe, President of Inovalon’s Provider Business Unit. “The next evolution of revenue cycle management is not simply automating individual tasks but enabling more intelligent workflow orchestration across the revenue cycle. Inovalon helps providers take a more predictive and data-driven approach to operations by identifying issues earlier, reducing administrative friction, and improving financial performance as organizations scale.”
To learn more about Inovalon’s RCM solutions, please visit: https://www.inovalon.com/products/provider-cloud/revenue-cycle-management/.
About Inovalon
Inovalon is a leading provider of data and solutions empowering data-driven healthcare. We bring together national-scale connectivity, real-time primary source data access, and advanced analytics into a sophisticated platform empowering improved outcomes and economics across the healthcare ecosystem. 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 99 billion medical, pharmacy, and lab events across 1.1 million clinicians, 736,000 clinical settings, and 461 million unique lives. For more information, visit www.inovalon.com.
About MedTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the MedTech Breakthrough Awards program is devoted to honoring excellence and innovation in medical & health technology companies, products, services and people. The MedTech Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough healthcare and medical companies and products in categories that include Patient Experience & Engagement, Health & Fitness, Medical Devices, Clinical Administration, Connected Healthcare, Medical Data, Healthcare Cybersecurity and more. For more information visit MedTechBreakthrough.com.