Network Health Expands Relationship with Inovalon
Inovalon’s Clinical Data Extraction as a Service (CDEaaS™) solution facilitates data exchange directly and autonomously through Electronic Health Record (EHR) systems and Health Information Exchange (HIE) systems with more than 215,000 providers connected to the Inovalon ONE® Platform today and delivers digital patient records 10 times faster, with greater data accuracy and completeness, and at a cost up to 70 percent less than traditional, manual retrieval. Data retrieved through the CDEaaS™ solution will play an integral role in supporting Network Health’s quality measurement, reporting and improvement and risk score accuracy performance initiatives. CDEaaS™ will streamline and enable greater flexibility within the medical record retrieval process for
Inovalon’s Natural Language Processing as a Service (NLPaaS™) leverages the Inovalon ONE® Platform’s highly adaptive machine learning capabilities along with data contained within the MORE2 Registry® to transform unstructured clinical data into highly valuable, structured data, which are then analyzed at massive scale in fractions of a second. Employing state-of-the-art deep learning and machine learning algorithms, NLPaaS™ will support Network Health’s risk score accuracy performance initiatives by significantly decreasing clinical record review time and enabling risk score-relevant condition detection up to four times faster and at a cost of 25 percent less than manual methods.
“Inovalon’s advanced cloud-based technologies play an integral role in supporting Network Health’s mission of delivering innovative health plan solutions that provide exceptional value and improve quality of care while controlling costs,” said
“The application of Inovalon’s CDEaaS™ and NLPaaS™ for
This engagement to implement CDEaaS™ and NLPaaS™ expands on a multi-year SaaS engagement that
Founded in 1982,
Inovalon is a leading provider of 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 972,000 physicians, 531,000 clinical facilities, 271 million Americans, and 45 billion medical events. For more information, visit www.inovalon.com.
Source: Inovalon Holdings, Inc.