Inovalon

Inovalon is an American technology company that specializes in cloud-based platforms for data-driven healthcare. Founded in 1998 in Maryland, the company was originally named MedAssurant and rebranded to Inovalon in 2012. It became publicly traded on NASDAQ in 2015 and was taken private in 2021 after being acquired by Nordic Capital and Insight Partners. The core offering of Inovalon is the Inovalon ONE platform, a real-time, cloud-native solution that connects with the healthcare ecosystem to aggregate and analyze data. This platform provides actionable intelligence through advanced analytics, serving over 50,000 active customers. Inovalon supports a wide range of healthcare stakeholders, including payers, providers, pharmacies, and life sciences organizations. The company has expanded its capabilities through strategic acquisitions, enhancing its services and product offerings. Recent developments include the acquisition of Vigilanz and the introduction of an AI-powered tool for health plans.