UnitedHealthcare Selects the Inovalon ONE™ Platform
September 12 2017 - 7:55AM
Inovalon (Nasdaq:INOV), a leading technology company providing
advanced, cloud-based platforms empowering a data-driven
transformation from volume-based to value-based models across the
healthcare ecosystem, today announced that UnitedHealthcare, a
UnitedHealth Group (NYSE: UNH) company, has entered into a
five-year engagement implementing the Inovalon ONE™ Platform
enabling ultra-high speed analytics empowering greater clinical
quality outcomes insight and real-time data visualization within
its Medicare Advantage and commercial membership nationwide.
The engagement leverages multiple cloud-native
Components within the Inovalon ONE™ Platform to enable
unprecedented data integration and analytical processing speeds,
and subsequent real-time data visualization, to inform accelerated
decision-making and speed-to-impact for clinical quality programs.
The engagement will help drive population health programs for more
than 30 million members of UnitedHealthcare across the United
States.
“We are dedicated to delivering high-quality,
cost-effective care to the people we serve,” said William A. Hagan,
president, United Clinical Services. “Through the implementation of
Inovalon’s platform we are able to achieve scale and analytical
processing speeds that were not previously possible, producing
important clinical insights much more quickly and helping deliver
industry-leading quality to our members.”
“As the trend toward quality and value-based
care models increases, the sophistication of the technologies
needed to achieve meaningful and differentiated results has never
been more critical to success.” said Keith Dunleavy, M.D., chief
executive officer and chairman of the board of Inovalon. “We are
very pleased to be expanding our partnership with UnitedHealthcare,
a clear industry leader, helping to support their data-driven
approach to care quality.”
About UnitedHealthcare
UnitedHealthcare is dedicated to helping people
nationwide live healthier lives by simplifying the health care
experience, meeting consumer health and wellness needs, and
sustaining trusted relationships with care providers. The company
offers the full spectrum of health benefit programs for
individuals, employers, military service members, retirees and
their families, and Medicare and Medicaid beneficiaries, and
contracts directly with more than 1 million physicians and care
professionals, and 6,000 hospitals and other care facilities
nationwide. UnitedHealthcare is one of the businesses of
UnitedHealth Group (NYSE:UNH), a diversified Fortune 50 health and
well-being company. For more information, visit UnitedHealthcare at
www.uhc.com or follow @myUHC on Twitter.
About Inovalon
Inovalon is a leading technology company
providing cloud-based platforms empowering a data-driven
transformation from volume-based to value-based models throughout
the healthcare industry. Through the Inovalon ONE™ Platform,
Inovalon brings to the marketplace a national-scale capability to
interconnect with the healthcare ecosystem on massive scale,
aggregate and analyze data in petabyte volumes to arrive at
sophisticated insights in real-time, drive impact wherever it is
analytically identified best to intervene, and intuitively
visualize data and information to inform business strategy and
execution. Leveraging its platform, unparalleled proprietary data
sets, and industry-leading subject matter expertise, Inovalon
enables the assessment and improvement of clinical and quality
outcomes and financial performance across the healthcare ecosystem.
From health plans and provider organizations, to pharmaceutical,
medical device, and diagnostics companies, Inovalon's unique
achievement of value is delivered through the effective progression
of “Turning Data into Insight, and Insight into Action®.” Providing
technology that supports nearly 500 healthcare organizations,
Inovalon's platforms are informed by data pertaining to more than
858,000 physicians, 377,000 clinical facilities, and more than 230
million Americans. For more information,
visit www.inovalon.com.
Contacts:Kim CollinsPhone:
301-809-4000
x1473
kcollins@inovalon.com
George Price (Investors)Phone: 301-809-4000
x1190gprice@inovalon.com
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