|View printer-friendly version|
|Inovalon Clients Realize Over 3x Increase In CMS Star Ratings Compared To National Average|
In aggregate, Inovalon clients saw a material increase in their raw score yielding an average increase of one half star in their overall 2018 Star Rating. This is in comparison to data released on all health plans by CMS on
The national Star Ratings performance program, instituted by CMS, measures and reports on a wide range of clinical and quality outcomes pertaining to members and health plans across
Inovalon’s clinical quality data aggregation, analysis, reporting and improvement solution, enabled through Components of the Inovalon ONE™ Platform, provide health plans with highly advanced ability to not only gain highly granular, timely insight into clinical quality details, but also improve upon their scores during the relevant date of service period by providing health plans with platform-based tools to implement highly detailed, data-driven initiatives – resulting in improved quality for patients and scores for health plans. Able to analyze patient-level, provider-level, and facility-level data to achieve greater insight and improvement in clinical outcomes measures, Inovalon’s solution is the nation’s most widely used healthcare quality data analysis and improvement Platform. The quality measures addressed are utilized by federal and state programs to determine quality scoring and associated incentives and penalties for such programs as CMS’ Medicare Advantage Five-Star Quality Rating System, the U.S. Department of Health and Human Services’ (HHS) Quality Ratings System (QRS) for Affordable Care Act (ACA) plans, and state-based Managed Medicaid measurement programs. Additionally, Inovalon solutions support physician-based measurement programs such as those created under the Medicare Access and CHIP Reauthorization Act’s (MACRA) Quality Payment Program,
“A comprehensive approach to quality improvement requires a year-round strategy, and health plans are increasingly investing in data-driven initiatives to better understand and engage with their patient population to address potential gaps in care to drive meaningful improvements in health outcomes and quality performance,” said
About the Inovalon ONE™ Platform
The Inovalon ONE™ Platform is an integrated cloud-based platform of more than 80 individual proprietary technology toolsets able to be rapidly configured to empower the operationalization of large-scale data-driven and value-based healthcare initiatives. The Platform brings to the marketplace a highly extensible, national-scale capability to interconnect with the healthcare ecosystem, aggregate and analyze data in petabyte volumes, arrive at sophisticated insights in real time, drive meaningful impact wherever it is analytically identified best to intervene, and intuitively visualize data and information to inform business strategy and execution.
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, 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.