Empowering Healthcare: Seven Cloud Solutions Transforming Efficiency, Outcomes, and Care

The healthcare landscape is ever-changing, and with it comes the constant pressure on providers, health plans, pharmacies, and life sciences organizations to do more with less -better outcomes, improved efficiency, and greater impact. It's a tall order, and Inovalon's latest cloud-based solutions aim to meet these challenges head-on.

Inovalon has launched seven new cloud-based software solutions and feature-set expansions to address pressing pain points across the healthcare continuum. Whether you're a healthcare provider grappling with administrative inefficiencies or a life sciences researcher struggling with patient recruitment for clinical trials, Inovalon's cloud-powered tools can help.

Here's how these game-changing cloud-based software solutions address the challenges healthcare professionals face every day.

For providers: streamlining the front-end experience

Healthcare providers are constantly juggling patient care with administrative hurdles like verifying insurance eligibility, dealing with denied claims, and staying on top of operational workflows. These inefficiencies take time away from what matters most - caring for patients.

Inovalon's Eligibility Verification Pro simplifies insurance verification with automatic data enrichment, ensuring that missing coverage details no longer derail workflows.

• Faster verifications mean fewer delays for patients and fewer denials.
• Administrative burdens are reduced, so providers can focus on delivering care.

On average, Eligibility Verification Pro users see 95% of claims paid in 20 days or less¹. The result is improved efficiency, productivity, cash flow, and patient outcomes.

For health plans: turning data into actionable insights

Health plans face complex challenges like managing provider networks, improving risk score accuracy, and reducing costs while delivering high-quality care. With mountains of raw claims data, it's hard to know where to focus for the greatest impact.

Inovalon's newest cloud-based software solutions empower health plans with actionable insights:

• Converged Provider Enablement: Dive deeper into provider network data with the software's new cost and utilization feature, providing insight across medical, pharmacy, and emergency services for smarter decision-making.
• Converged Record Review: Leverage AI and machine learning to improve risk score accuracy and cut unnecessary, manual medical record reviews by 50%, saving both time and money.
• Converged Outreach Connectors: Share member data securely and seamlessly with trusted partners using FHIR® API connections, supporting value-based care and improved member engagement, gap closure, and health outcomes.

By transforming raw data into clear insights, these solutions help health plans deliver more efficient, member-centric care while staying ahead of costs.

For pharmacies: enabling efficiency at every step

Specialty and infusion pharmacies face unique challenges, from managing complex therapies to ensuring timely care for patients with critical needs. Disjointed systems and manual processes can disrupt these vital workflows, impacting both efficiency and patient outcomes.

With expanded features tailored for specialty and infusion pharmacies, Inovalon's ScriptMed® serves as an all-in-one, cloud-based solution that:

• Automates repetitive, labor-intensive tasks, freeing pharmacists to focus on patient care
• Leverages holistic patient profiles to optimize treatment plans and improve adherence
• Reduces cost to serve by up to 17%², enabling more efficient workflows without compromising quality

With these capabilities, Inovalon empowers specialty and infusion pharmacists to deliver exceptional, personalized care while optimizing resources - ensuring that patients receive the right therapy at the right time.

For life sciences: enhancing clinical trial recruitment

Recruiting and pre-screening patients for clinical trials is a daunting, time-consuming process. Low recruitment rates and strict eligibility requirements often delay promising treatments.

Inovalon's Research Network connects life sciences organizations with advanced, cloud-powered patient screening tools to streamline recruitment:

• AI-powered analytics match trial criteria with patient data, reducing recruitment timelines
• Integration with real-world EHR systems ensures precision and compliance

Faster recruitment not only shortens the time it takes to enroll participants but also accelerates the overall development of life-changing treatments. By streamlining the recruitment process, Inovalon empower life sciences companies to bring innovative therapies to market more swiftly, ultimately benefiting millions of patients in need.

A unified cloud-based platform for all your needs

Managing multiple tools with separate logins can be a logistical nightmare, slowing down workflows and increasing security risks. The new Inovalon Application Portal offers a centralized hub for all Inovalon ONE® Platform applications. With a single secure login, users can seamlessly navigate between tools, reducing complexity and saving time.

Built for efficiency, the portal integrates multi-factor authentication for robust security and simplifies access to analytics, claims management, and care coordination.

Why Inovalon's cloud-based solutions are the backbone of smarter, faster healthcare

Every minute spent grappling with inefficiencies is a minute lost in delivering impactful care. Inovalon's solutions solve these challenges at their core:

• Efficiency Gains: Cloud-based tools save time and resources through streamlined workflows
• Improved Outcomes: Close care gaps, enhance adherence, and optimize clinical trials for better patient outcomes
• Smarter Decisions: Actionable insights turn overwhelming data into evidence-based strategies

Backed by a dataset spanning 397M+ unique patients and 86B+ medical events, Inovalon's cloud-based software is trusted by nearly 20,000 organizations across the healthcare continuum to empower improved outcomes and economics.

Ready to transform your operations?

Schedule a personalized demo of Inovalon's cloud-based solutions and discover how you can save time, reduce costs, and improve patient outcomes.

¹ Inovalon internal reporting. Average of customer results; accessed July 2024.
² Inovalon internal reporting. ScriptMed Cloud, 2022.

Inovalon and design®, Inovalon®, and the Inovalon ONE® Platform are trademarks of Inovalon, Inc.

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