2017 Press Releases

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November 01, 2017
Inovalon Reports Third Quarter 2017 Results
Third Quarter 2017 Highlights Third quarter revenue of $115.9 million, up 10% year-over-year and up 5% sequentially Third quarter net income of $8.2 million, resulting in diluted net income of $0.06 per share Third quarter Non-GAAP net income of $12.6 million, resulting in Non-GAAP diluted net income of $0.09 per share Third quarter Adjusted EBITDA of $30.8 million, up 17% year-over-year Third quarter Adjusted EBITDA margin of 26.6%, up 160 basis points year-over-year an... 
October 30, 2017
Inovalon Clients Realize Over 3x Increase In CMS Star Ratings Compared To National Average
Advanced Analytics and Data-Driven Intervention Capabilities Powered by the Inovalon ONE™ Platform Support Meaningful Quality Outcomes Improvements BOWIE, Md., Oct. 30, 2017 (GLOBE NEWSWIRE) -- 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 clients utilizing Inovalon’s clinical quality data aggregation, analysis, ... 
October 18, 2017
Inovalon Announces Third Quarter 2017 Earnings Conference Call
BOWIE, Md., Oct. 18, 2017 (GLOBE NEWSWIRE) -- 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 it will hold a conference call for investors on Wednesday, November 1, 2017, at 5:00 p.m. Eastern Time. During the conference call, management will review highlights from the company’s third quarter 2017 financial results, ... 
September 21, 2017
Inovalon Announces Agreement with Daiichi Sankyo, Inc. to Support Outcomes-Based Contracting
Inovalon’s Advanced Analytics and Large Scale, Real-World Dataset to Empower Expanded Insight Focusing on Pain Management Outcomes BOWIE, Md., Sept. 21, 2017 (GLOBE NEWSWIRE) -- 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 it has entered into an agreement with Daiichi Sankyo, Inc., to understand the potential ro... 
September 12, 2017
UnitedHealthcare Selects the Inovalon ONE™ Platform
Nation’s Largest Health Plan Enters into 5-Year Agreement for Cloud-Based Analytics BOWIE, Md., Sept. 12, 2017 (GLOBE NEWSWIRE) -- 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™ Platfo... 
September 06, 2017
Inovalon to Participate at Annual Morgan Stanley and Bank of America Merrill Lynch Healthcare Conferences
BOWIE, Md., Sept. 06, 2017 (GLOBE NEWSWIRE) -- 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 Keith Dunleavy, M.D., Inovalon’s chief executive officer and chairman of the board, and Christopher Greiner, Inovalon’s chief financial officer and chief operating officer, will present at the upcoming Morgan Stanley 2017 ... 
August 08, 2017
Inovalon Certified by CMS, Receiving Fee-For-Service Medicare Data for All 50 States and the District of Columbia
In Combination with Continued Client Expansion and Connectivity, Inovalon’s MORE2 Registry® Dataset to Exceed 230 Million Patients and Nearly 30 Billion Medical Events BOWIE, Md., Aug. 08, 2017 (GLOBE NEWSWIRE) -- 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 during the second quarter of 2017 the Company began re... 
August 02, 2017
Inovalon Reports Second Quarter 2017 Results
Second Quarter 2017 Highlights Second quarter revenue of $110.6 million Second quarter net income of $5.5 million, resulting in diluted net income of $0.04 per share Second quarter Non-GAAP net income of $11.8 million, resulting in Non-GAAP diluted net income of $0.08 per share Second quarter Adjusted EBITDA of $27.7 million MORE2 Registry® dataset unique patient count rises 67% to more than 230 million Raising 2017 revenue guidance, expecting double-digit growth in second ... 
July 19, 2017
Inovalon Announces Second Quarter 2017 Earnings Conference Call
BOWIE, Md., July 19, 2017 (GLOBE NEWSWIRE) -- 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 it will hold a conference call for investors on Wednesday, August 2, 2017, at 5:00 p.m. Eastern Time. During the conference call, management will review highlights from the company’s second quarter 2017 financial results, w... 
July 17, 2017
National Health Plans Select Inovalon’s Integrated Platform
Inovalon’s Integrated Platform, Branded as “Inovalon ONE™”, Seeing Strong Market Interest BOWIE, Md., July 17, 2017 (GLOBE NEWSWIRE) -- 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 the branding of its integrated platform, Inovalon ONE™, and the signing of multiple national health plan contracts for multi-year impleme... 
May 03, 2017
Inovalon Reports First Quarter 2017 Results
First Quarter 2017 Highlights First quarter revenue of $108.3 million First quarter net income of $3.6 million, resulting in diluted net income of $0.02 per share First quarter Non-GAAP net income of $9.7 million, resulting in Non-GAAP diluted net income of $0.07 per share First quarter Adjusted EBITDA of $25.0 million MORE2 Registry® dataset medical event count expanded to more than 14 billion, unique patient count expanded to more than 158 million Please refer to our Firs... 
April 19, 2017
Inovalon Announces First Quarter 2017 Earnings Conference Call  
BOWIE, Md., April 19, 2017 (GLOBE NEWSWIRE) -- 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 it will hold a conference call for investors on Wednesday, May 3, 2017, at 5:00 p.m. Eastern Time. During the conference call, management will review highlights from the company’s first quarter 2017 financial results, whic... 
March 29, 2017
Amgen Enters Into Agreement With Inovalon and Avalere to Engage Value-Based Contracting Opportunities
BOWIE, Md., March 29, 2017 (GLOBE NEWSWIRE) -- 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 it has entered into an agreement with Amgen, one of the world's leading independent biotechnology companies and leader in instituting innovative, value-based contracts across its product portfolio to better manage healthcare co... 
March 14, 2017
Inovalon Holdings, Inc. Announces Date of Its 2017 Annual Meeting of Stockholders
BOWIE, Md., March 14, 2017 (GLOBE NEWSWIRE) -- 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 its 2017 annual meeting of stockholders will be held on Wednesday, June 7, 2017, at 10 a.m. EDT at the Westin Annapolis Hotel located at 100 Westgate Circle, Annapolis, Maryland 21401. The record date for determining those... 
February 22, 2017
Inovalon Reports Fourth Quarter and Full Year 2016 Results
Fourth Quarter 2016 Highlights Fourth quarter revenue of $96.1 million Fourth quarter net income of $0.7 million, resulting in diluted net income of $0.00 per share Fourth quarter Non-GAAP net income of $7.4 million, resulting in Non-GAAP diluted net income of $0.05 per share Fourth quarter Adjusted EBITDA of $14.3 million MORE2 Registry® dataset medical event count expanded to more than 13.3 billion, unique patient count expanded to more than 150 million Full Year 2016 Highl... 
February 08, 2017
Inovalon Announces Fourth Quarter and Full Year 2016 Earnings Conference Call
BOWIE, Md., Feb. 08, 2017 (GLOBE NEWSWIRE) -- 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 it will hold a conference call for investors on Wednesday, February 22, 2017, at 5:00 p.m. Eastern Standard Time. During the conference call, management will review highlights from the company’s fourth quarter and full year... 
January 23, 2017
Inovalon Announces Agreement With Boehringer Ingelheim to Support Outcome-Based Contracting
Inovalon platform to empower expanded insight and improvement in outcomes for value-based medication offerings BOWIE, Md., Jan. 23, 2017 (GLOBE NEWSWIRE) -- 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 it has entered into an agreement with Boehringer Ingelheim Pharmaceuticals Inc., a research-based, global pharm... 
January 09, 2017
Inovalon Extends Partnership With Anthem
Collaboration to Achieve Best-Practices Integration of Data-Driven, Value-Based Technologies BOWIE, Md., Jan. 09, 2017 (GLOBE NEWSWIRE) -- 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 a multi-year extension of its partnership with Anthem, Inc. (NYSE:ANTM), one of the nation’s leading health benefits companies. The... 
January 05, 2017
Inovalon Announces Charitable Giving for 2016
Inovalon Provides On-Going Commitment To Community, Supporting Local And National Organizations Through A Variety Of Charitable Giving Programs BOWIE, Md., Jan. 05, 2017 (GLOBE NEWSWIRE) -- 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 the names of organizations that benefitted from its charitable contributions in 201... 
January 04, 2017
Inovalon to Present at 35th Annual J.P. Morgan Healthcare Conference
BOWIE, Md., Jan. 04, 2017 (GLOBE NEWSWIRE) -- 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 Keith Dunleavy, MD, chief executive officer and chairman of the board of Inovalon, and Christopher Greiner, chief financial officer and chief operating officer of Inovalon, will present at the 35th Annual J.P. Morgan Health...