BOWIE, Md., Feb. 11, 2014 /PRNewswire/ -- Inovalon, Inc., a leading technology company providing advanced analytics and data-driven solutions to the healthcare industry, today announced that on January 30th, the National Committee for Quality Assurance (NCQA) granted Inovalon's Quality Spectrum Insight (QSI®) version 17 HEDIS® Measure CertificationSM for 2014.
Now in its fourteenth year of certified use, Inovalon's QSI analytical engine is the nation's most widely used Healthcare Effectiveness Data and Information Set (HEDIS®) solution and continues to set the industry standard for quality reporting solutions. Today, QSI is being used to generate more than 950 data submissions to NCQA, CMS, and other State regulatory agencies annually, covering hundreds of health plans for HEDIS, supporting approximately 60% of the nation's outsourced HEDIS analytics processing. With an attention to continuous improvement, this Inovalon solution has delivered these capabilities with year-over-year customer satisfaction since 2001.
"For 14 consecutive years Inovalon has maintained an NCQA HEDIS Software Certification, showcasing our strong commitment to groundbreaking innovation and industry-standard reliability," said Chris Greiner, chief product officer of Inovalon. "QSI is an industry-leading resource that goes beyond quality measurement and reporting and yields material insight into the opportunities for improving care for members across Inovalon's solutions suite."
Each year, QSI undergoes a rigorous review and validation process to assure that it meets NCQA's stringent guidelines for certification. QSI has passed the NCQA HEDIS Measure Certification with no exceptions since the inception of the software certification process by NCQA in 2001.
Inovalon is a NCQA beta test partner for the HEDIS 2014 software certification process. This is Inovalon's thirteenth year working with NCQA as a beta test partner for HEDIS Software Certification.
NCQA is a private, non-profit organization dedicated to improving health care quality. NCQA accredits and certifies a wide range of health care organizations. It also recognizes clinicians and practices in key areas of performance. NCQA is committed to providing health care quality information for consumers, purchasers, health care providers and researchers.
About Inovalon, Inc.
Inovalon is a leading data analytics technology company that combines advanced 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.
HEDIS® is a registered trademark of the NCQA.
HEDIS Certified MeasuresSM is a service mark of NCQA.
NCQA Measure CertificationSM is a service mark of NCQA.
HEDIS Advantage™ is a trade mark of Inovalon, Inc.
QSI® and Turning Data into Insight and Insight into Action® are registered trademarks of Inovalon, Inc.
SOURCE Inovalon, Inc.