2018 Press Releases

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June 26, 2018
AllianceRx Walgreens Prime Selects The Inovalon ONE® Platform For Cloud-Based Specialty Pharmacy Capabilities
Industry-Leading Specialty Pharmacy to Utilize Inovalon to Bring Highly Differentiated, Cloud-Based Capabilities to the Healthcare Marketplace BOWIE, Md. , June 26, 2018 (GLOBE NEWSWIRE) -- Inovalon (Nasdaq:INOV), a leading technology company providing advanced, cloud-based platforms empowering data-driven healthcare, today announced a five-year engagement with AllianceRx Walgreens Prime to provide highly differentiated, cloud-based capabilities to the healthcare marketplace with the implemen... 
May 08, 2018
Inovalon Reports First Quarter 2018 Results
First Quarter 2018 Highlights First quarter revenue of $92.8 million First quarter net loss of $16.8 million, resulting in net loss of $0.12 per share First quarter Non-GAAP net loss of $5.0 million, resulting in Non-GAAP net loss of $0.04 per share First quarter Adjusted EBITDA of $7.9 million First quarter Adjusted EBITDA margin of 8.5% Reaffirming full-year revenue and Adjusted EBITDA guidance for 2018, updating for acquisition-financing interest expenses Please refer... 
April 25, 2018
Inovalon Announces First Quarter 2018 Earnings Conference Call
BOWIE, Md., April 25, 2018 (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 Tuesday, May 8, 2018, at 5:00 p.m. Eastern Time. During the conference call, management will review highlights from the company’s first quarter financial results, which will ... 
April 10, 2018
Inovalon Launches Clinical Data Extraction as a Service and Natural Language Processing as a Service on the Inovalon ONE™ Platform
Capabilities Enable Fully Automated Capture of Structured and Unstructured Clinical Data at Large Scale, Improving Quality and Eliminating Expensive and Time-Consuming Processes for Clients BOWIE, Md., April 10, 2018 (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 launch of Clinical Data Extracti... 
April 02, 2018
Inovalon Completes Previously Announced Acquisition of ABILITY Network
Combination Creates a Vertically Integrated Leader in Cloud-Based Enablement of Data-Driven, Value-Based Care BOWIE, Md., April 02, 2018 (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, announced today that it has completed its previously announced acquisition of ABILITY® Network (ABILITY) effective today, April 2, 2... 
March 26, 2018
Inovalon Holdings, Inc. Announces Date of Its 2018 Annual Meeting of Stockholders
BOWIE, Md., March 26, 2018 (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 2018 annual meeting of stockholders will be held on Wednesday, June 6, 2018, at 10 a.m. EDT at the Westin Annapolis Hotel located at 100 Westgate Circle, Annapolis, Maryland 21401. The record date for determining those... 
March 07, 2018
Inovalon to Acquire ABILITY Network
Combination Creates A Vertically Integrated Leader In Cloud-Based Enablement Of Data-Driven, Value-Based Care Accretive Transaction Accelerates Growth And Enhances Profitability  Please refer to our Transaction Presentation, available at http://investors.inovalon.com, which contains detailed information about the transaction and preliminary financial guidance that will be referenced during the Company’s conference call. BOWIE, Md., March 07, 2018 (GLOBE NEWSWIRE) -- Inovalon (Nasdaq:INOV),... 
February 20, 2018
Inovalon Reports Fourth Quarter and Full Year 2017 Results
Fourth Quarter 2017 Highlights Fourth quarter revenue of $114.6 million, up 19% year-over-year Fourth quarter net income of $17.4 million, resulting in diluted net income of $0.12 per share, inclusive of a one-time benefit of $0.11 per share from changes to tax legislation Fourth quarter Non-GAAP net income of $7.8 million, resulting in Non-GAAP diluted net income of $0.06 per share Fourth quarter Adjusted EBITDA of $25.5 million, up 78% year-over-year Fourth quarter Adjusted EB... 
February 16, 2018
Inovalon to Participate at The Morgan Stanley Technology, Media & Telecom Conference
BOWIE, Md., Feb. 16, 2018 (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., 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 Morgan Stanley 2018 Technolo... 
February 15, 2018
Inovalon to Participate at 2018 RBC Capital Markets Global Healthcare Conference
BOWIE, Md., Feb. 15, 2018 (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., 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 RBC Capital Markets Global H... 
February 14, 2018
Inovalon Announces Fourth Quarter and Full Year 2017 Earnings Conference Call
BOWIE, Md., Feb. 14, 2018 (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 Tuesday, February 20, 2018, at 5:00 p.m. Eastern Time. During the conference call, management will review highlights from the company’s fourth quarter and full year 2017 finan... 
January 08, 2018
Inovalon Expects Fourth Quarter Revenue Growth of 18% to 20% and Adjusted EBITDA Growth of 78% Assuming the Midpoint, Consistent with Prior Guidance
Company Issues Preliminary Fourth Quarter and Full Year 2017 Expectations In Conjunction with J.P. Morgan Healthcare Conference Participation Preliminary Fourth Quarter 2017 Expectations Fourth quarter revenue expected to be between $113.5 million to $115.0 million, up 18% to 20% year-over-year as reported and 13% to 15% year-over-year on an organic basis1 Fourth quarter gross margin expected to be between 66.0% to 66.5%, a year-over-year increase of 620 to 670 basis points Four... 
January 03, 2018
Inovalon Announces Charitable Giving for 2017
Inovalon Demonstrates Strong Ongoing Commitment to Local and National Organizations Through Several Charitable Giving Programs BOWIE, Md., Jan. 03, 2018 (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 2017, including both... 
January 02, 2018
Inovalon to Present at 36th Annual J.P. Morgan Healthcare Conference
BOWIE, Md., Jan. 02, 2018 (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., 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 36th Annual J.P. Morgan Heal...