Inovalon
Minneapolis, Minnesota, United States
A pharmacy benefit manager (PBM) and integrated pharmacy solutions organization.
How We Help
Problem Statement
Inovalon aims to solve the challenges of improving clinical outcomes, enhancing economic efficiency, and addressing gaps in care, quality outcomes, utilization, and financial performance across the healthcare industry.
Core Technology
Inovalon ONE® Platform, which integrates national-scale connectivity, real-time primary source data access, and advanced analytics. Key components include MORE² Registry®, Advanced Analytics and AI, Data Integration and Normalization, SaaS and DaaS Solutions, API Capabilities, and Clinical Data Extraction as a Service (CDEaaS™).
Key Differentiators
National-Scale Data and Connectivity, The Inovalon ONE® Platform, Focus on Outcomes and Economics, Comprehensive Client Base, Real-time Insights and Action, Commitment to Innovation, Data Security.
Clinical Focus
Broadly applicable across the healthcare spectrum to improve outcomes and economics, addressing gaps in care, quality outcomes, and utilization.
Target Customers
Payers (health plans), Providers (hospitals, clinics), Pharmacies, Life sciences companies (pharmaceutical firms, medical device companies).
Product Stage
Mature
Company Info
- Business Model
- B2B, SaaS, DaaS (Data-as-a-Service). They operate as a leading provider of cloud-based data analytics and data-driven intervention platforms, generating revenue through sales and service contracts with healthcare organizations.
- Founded
- 2000
- Total Funding
- Only accessible to MedStartr community members. Join now
Only accessible to MedStartr community members.
Join now - Website
- www.inovalon.com/
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Technologies
Only accessible to MedStartr community members.
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A HUGE part of what early stage companies, and even late stage ones, need and get on MedStartr is honest feedback from actual patients, clinicians, hospital leaders and industry insiders. It is very easy to get tunnel vision as a founder. Please tell the team that runs this company what you think.