Inovalon Announces New Distributed Analytics™ Partnership with University of Utah Academic Partnership Leverages One of the Nation's Largest Healthcare Datasets to Bridge the Gap Between Clinical Knowledge and Technical Know-How to Improve Patient Care
BOWIE, Md., May 15, 2014 /PRNewswire/ -- Inovalon, Inc., a leading provider of data-driven healthcare solutions, today announced the University of Utah has entered into a multi-year engagement to utilize Distributed Analytics™, Inovalon's health data analytics solution.
The University of Utah's College of Pharmacy's Pharmacotherapy Outcomes Research Center (PORC) will use Inovalon's Distributed Analytics solution to directly design, test, and execute sophisticated data mining, queries and analyses to further the research goals of PORC. PORC will analyze data with Inovalon's Medical Outcomes Research for Effectiveness and Economic Registry (MORE2 Registry®) which contains more than 8.5 billion medical events and relevant data pertaining to more than 540,000 physicians, 220,000 clinical facilities, and 111 million unique members.
Inovalon's Distributed Analytics provides an industry-leading platform that brings together meaningful data with powerful analytics to bridge the gap between clinical and technical know-how and enable deep investigation into root cause, improvement and reporting strategies. The solution provides on-demand access to the MORE2 Registry, facilitates analytics with its easy-to-use graphical user interface, delivers speed significantly faster than standard data extraction methods and provides research organizations greater flexibility and acceleration of research objectives.
"Access to a comprehensive healthcare dataset is key when conducting significant academic research," said Dan Rizzo, Chief Innovation Officer at Inovalon. "We are pleased to be working with the University of Utah to support their academic initiatives and continue to improve the healthcare landscape."
"Our goal is to improve patient care by conducting outcomes research studies and disseminating study results to patients, providers and healthcare decision-makers," said Diana Brixner, Executive Director of PORC at the University of Utah. "The integration of Inovalon's innovative data analytics solutions furthers this goal by enabling our researchers to conduct meaningful studies in a fraction of the time it took historically."
About The University of Utah
The University of Utah, located in Salt Lake City in the foothills of the Wasatch Range, is the flagship institution of higher learning in Utah. Founded in 1850, it serves more than 32,000 students from across the United States and the world. With more than 100 major subjects at the undergraduate level and more than 90 major fields of study at the graduate level, including law and medicine, the university prepares students to live and compete in the global workplace. Learn more about all the U has to offer at http://www.utah.edu.
About Inovalon, Inc.
Inovalon is a leading technology company that combines advanced cloud-based data analytics with highly targeted interventions to achieve meaningful impact in clinical and quality outcomes, utilization, and financial performance across the healthcare landscape. Inovalon's unique achievement of value is delivered through the effective progression of Turning Data into Insight, and Insight into Action®. Large proprietary datasets, advanced integration technologies, sophisticated predictive analytics, and deep subject matter expertise deliver a seamless, end-to-end platform of technology and nationwide operations that bring the benefits of big data and large-scale analytics to the point of care. Driven by data, Inovalon uniquely identifies gaps in care, quality, data integrity, and financial performance – while also bringing to bear the unique capabilities to resolve them. Touching more than 540,000 physicians, 220,000 clinical facilities, and more than 140 million Americans, this differentiating combination provides a powerful solution suite that drives high-value impact, improving quality and economics for health plans, ACOs, hospitals, physicians, patients, and researchers. For more information visit www.inovalon.com.
SOURCE Inovalon, Inc.