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Inovalon
↗Bowie, Maryland, USA
Inovalon is a leading provider of cloud-based software solutions and data analytics that empower data-driven healthcare. The company's Inovalon ONE® Platform integrates national-scale connectivity, real-time primary source data, and advanced analytics to improve clinical outcomes and economics for health plans, providers, pharmacies, and life sciences organizations.
Founded in 1998, the company has grown to become a critical infrastructure partner for the healthcare ecosystem, supporting quality measurement, risk score accuracy, and value-based care initiatives. Inovalon was taken private in 2021 by an equity consortium led by Nordic Capital and Insight Partners.
CLASSIFICATION
Company Type:Digital Health
Therapeutic Areas:-
Industry:Digital Health
Sub-Industry:Healthcare Analytics & SaaS
SIZE & FINANCIALS
Employees:1001-5000
Revenue:$400M-$600M
Founded:1998
Ownership:subsidiary
Status:operating
FUNDING
Investors:Nordic Capital, Insight Partners
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CORPORATE STRUCTURE
Parent Company:Nordic Capital / Insight Partners
Acquired By:Nordic Capital and Insight Partners (2021-11-01)
Subsidiaries:Avalere Health
Key Partnerships:Walgreens (clinical assessment tools), Major U.S. Health Plans, Global Pharmaceutical Companies
COMPETITION
Position:Leader
Competitors:Optum, Change Healthcare, IQVIA, Veeva Systems
LEADERSHIP
Key Executives:
Adam Kansler - CEO
Scientific Founders:Keith Dunleavy, M.D.
LINKS
Website:inovalon.com
LinkedIn:LinkedIn Profile
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