Inovalon Converged Quality, Cloud Software Empowers More Than 80% of the Nation’s Clinical Outcomes Measurement Analytics
BOWIE, Md., Aug. 10, 2023 (GLOBE NEWSWIRE) — Inovalon, a leading provider of cloud-based software empowering data-driven healthcare, has achieved the 23rd year in a row of NCQA HEDIS® Measure Certification (MY2023). The market leader in quality measurement and reporting, Inovalon enables more than 100 health plans with its Converged Quality software (formerly known as QSI-XL®) which processes more than 207 million lives each year, or more than 80% of all HEDIS® covered lives across the United States.
The increasing complexity of federal and state-based quality performance rating programs, together with the rising impact of HEDIS® on NCQA ratings on health plans and performance-based provider health systems, are driving significant demand for real-time analytics and actionable insights that require a highly scalable, cloud-based solution.
NCQA issues a new set of analytical measure requirements annually. The software that manages the analytical processing of these measures must meet exacting certification requirements. Inovalon completed all software updates following NCQA’s annual certification processes on July 5, 2023. This marked the earliest ever availability of a new HEDIS® Measurement Year (MY2023) analytic capability set. An early release helps customers navigate upcoming data management, analytical processes, and future reporting timelines sooner, enabling them to identify, address, and improve upon gaps in care for their member populations.
Inovalon Converged Quality software supports programs key to health plans’ success for NCQA’s annual reporting of HEDIS® measures which are used in:
“At Inovalon, our commitment to support our customers’ clinical quality analytics needs has never been stronger,” said Craig Savage, President and General Manager, Inovalon Payer business unit. “Our Converged Quality solution is highly differentiated within the marketplace through our continued delivery of innovations boosting the speed and sophistication of our cloud software platform, the breadth of our healthcare ecosystem connectivity, and the analytical impact enabled by our massive primary source dataset.”
Key 2023 advancements of Inovalon’s Payer Cloud Converged Quality solution include:
Inovalon Payer Cloud software solutions are the leading choice for more than 80% of the U.S. clinical quality reporting health plan membership population, including more than 100 health plans, and 23 of the top 25 health plans by patient membership count. To learn more visit: https://www.inovalon.com/products/payer-cloud/quality/.
About Inovalon
Inovalon is a leading provider of cloud-based software solutions empowering data-driven healthcare. The Inovalon ONE® Platform brings together national-scale connectivity, real-time primary source data access, and advanced analytics into a sophisticated cloud-based platform empowering improved outcomes and economics across the healthcare ecosystem. The company’s analytics and capabilities are used by more than 20,000 customers and are informed by the primary source data of more than 76 billion medical events across one million physicians, 640,000 clinical settings, and 369 million unique patients. For more information, visit www.inovalon.com.
Contact:
Glen Brandow
Sr. Director, Communications, Inovalon
Glen.Brandow@inovalon.com
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