Humana Selects The Inovalon ONE® Platform
March 20 2019 - 7:55AM
Inovalon (Nasdaq: INOV), a leading technology company providing
advanced, cloud-based platforms empowering data-driven healthcare,
today announced a multi-year engagement with Humana Inc. (NYSE:
HUM), a consumer-focused, technology-driven health plan known for
its commitment to innovation, to implement the Inovalon ONE®
Platform as part of its data-driven strategy to improve outcomes
and economics for members across 17 states.
Humana’s engagement will implement a broad set
of modules within the Inovalon ONE® Platform ranging from
capabilities for data integration, connectivity, and visualization,
to advanced analytics and data-driven intervention support, to
prospectively identify and predict patient gaps and improve
insights into disease diagnosis, progression, documentation, and
accuracy across member populations in 17 states. The platform will
serve Humana’s employer group population, facilitating coordination
and execution of member encounters in physician offices and retail
pharmacies, enabling Humana in helping their members achieve their
best health.
“We have always been impressed by Humana’s level
of innovative sophistication and commitment to providing its
members with the highest level of service and quality care while
also focusing on the efficiency and effectiveness of programs,”
said Keith Dunleavy, M.D., chief executive officer of Inovalon. “We
are thrilled to be partnering with such an industry leader in such
a meaningful way.”
About the Inovalon ONE®
Platform
The Inovalon ONE® Platform is an integrated
cloud-based platform of nearly 100 individual proprietary
technology toolsets and deep data assets able to be rapidly
configured to empower the operationalization of large-scale,
data-driven healthcare initiatives. Each proprietary technology
toolset is referred to as a Component, which are grouped into
Modules, and informed by the data of billions of medical events
within Inovalon’s proprietary datasets. Combinations of Components
and Modules are configured to empower highly differentiated
solutions for client needs quickly and in a highly scalable
fashion. The flexibility of the modular design of the Platform
enables clients to integrate the capabilities of the Platform with
their own internal capabilities or other third-party solutions. The
Platform brings to the marketplace a highly extensible,
national-scale capability to interconnect with the healthcare
ecosystem on a massive scale, aggregate and analyze data in
petabyte volumes, arrive at sophisticated insights in real-time,
and drive meaningful impact wherever it is analytically identified
best to intervene and intuitively visualize data and information to
inform business strategy and execution.
About Inovalon
Inovalon is a leading technology company
providing cloud-based platforms empowering data-driven healthcare.
Through the Inovalon ONE® Platform, Inovalon brings to the
marketplace a national-scale capability to interconnect with the
healthcare ecosystem, aggregate and analyze data in real-time, and
empower the application of resulting insights to drive meaningful
impact at the point of care. Leveraging its platform, unparalleled
proprietary data sets, and industry-leading subject matter
expertise, Inovalon enables better care, efficiency, 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®.” Supporting thousands of
clients, including 24 of the top 25 U.S. health plans and 22 of the
top 25 global pharma companies, Inovalon's technology platforms and
analytics are informed by data pertaining to more than 964,000
physicians, 519,000 clinical facilities, 264 million Americans, and
42 billion medical events. For more information, visit
www.inovalon.com.
Contact:
Kim CollinsSenior Vice President, Corporate
Communications Phone: 301-809-4000 x1473kcollins@inovalon.com
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