Founded Year

1998

Stage

Take Private | Alive

Valuation

$0000 

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+4 points in the past 30 days

About Inovalon

Inovalon operates in the healthcare industry, offering data-driven, cloud-based solutions. The company provides a platform that integrates national-scale connectivity, primary source data access, and analytics to support clinical outcomes and health economics. Inovalon's services cater to various sectors, including payers, providers, pharmacies, and life sciences organizations, providing tools for revenue cycle management, care quality management, and workforce management. Inovalon was formerly known as MedAssurant. It was founded in 1998 and is based in Bowie, Maryland.

Headquarters Location

4321 Collington Road

Bowie, Maryland, 20716,

United States

301-809-4000

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Expert Collections containing Inovalon

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Inovalon is included in 2 Expert Collections, including Value-Based Care & Population Health.

V

Value-Based Care & Population Health

1,086 items

The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.

C

Conference Exhibitors

5,302 items

Inovalon Patents

Inovalon has filed 6 patents.

The 3 most popular patent topics include:

  • health informatics
  • medical terminology
  • electronic health records
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/21/2021

11/21/2023

Health informatics, Electronic health records, Medical terminology, Data management, Medical diagnosis

Grant

Application Date

4/21/2021

Grant Date

11/21/2023

Title

Related Topics

Health informatics, Electronic health records, Medical terminology, Data management, Medical diagnosis

Status

Grant

Latest Inovalon News

Patient Safety and Risk Software Market worth $2.99 billion by 2030 with 11.3% CAGR | MarketsandMarkets™

Nov 14, 2025

by Function (Incident Reporting, Compliance (Monitoring, Analytics, GRC), Clinical Safety (Infection Control), Claims Management), End User (Hospital, ASC, LTC, Payers), Deployment, and Region – Global Forecasts to 2030 The global Patient Safety and Risk Management Solutions Market , valued at US$1.58 billion in 2024, stood at US$1.75 billion in 2025 and is projected to advance at a resilient CAGR of 11.3% from 2025 to 2030, culminating in a forecasted valuation of US$2.99 billion by the end of the period. Patient safety and risk software in healthcare encompasses systematic approaches to identifying, assessing, and mitigating potential harms to patients during medical care, such as medication errors, surgical complications, hospital-acquired infections, and diagnostic inaccuracies, while fostering a culture of continuous improvement and accountability among providers. This market is driven by the alarming prevalence of preventable adverse events, estimated to cause hundreds of thousands of deaths annually worldwide. This requires enhanced protocols and technologies such as AI-driven analytics and integrated electronic health records to predict and prevent risks. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=231628922 By function, Risk & safety management solutions hold the largest share due to their central role in incident reporting, adverse event tracking, and proactive risk mitigation for hospitals and healthcare systems. These platforms are widely adopted as they address the most critical patient safety workflows, support regulatory compliance, and serve as foundational tools for quality assurance in clinical environments. This results in risk & safety management dominating market adoption compared to other segments such as clinical safety controls or financial/legal risk handling. By end user, Healthcare providers hold the largest share in the patient safety and risk software market, as hospitals, clinics, and other care delivery organizations are required to manage the highest volume of patient safety events, regulatory compliance, and risk mitigation activities. The need for robust incident reporting, workflow automation, and quality assurance makes these solutions integral to daily hospital operations, driving widespread adoption among healthcare providers compared to other end users like pharma, payers, or MedTech firms. This leadership position is expected to remain as digital transformation accelerates and healthcare organizations continue to prioritize error prevention, transparency, and continuous improvement in patient safety practices. By geography , in 2024, North America dominated the patient safety and risk software market due to its well-established healthcare infrastructure, stringent regulatory requirements, and high adoption of advanced healthcare IT solutions in the region. The presence of major healthcare providers, technology innovators, and supportive government initiatives focused on patient safety and quality improvement further propels market growth in North America. Additionally, substantial healthcare expenditure and a growing emphasis on reducing medical errors contribute to the region's market leadership position, making it the largest and most mature market for patient safety software solutions globally. Request Sample Pages : https://www.marketsandmarkets.com/requestsampleNew.asp?id=231628922 The key players functioning in the patient safety and risk software market include Riskonnect, Inc. (US), Origami Risk LLC (US), RLDatix (US), Health Catalyst, Inc. (US), symplr (US), Clarity Group, Inc. (US), Performance Health Partners (US), MorCare, LLC (US), RiskQual Technologies, Inc. (US), Prista Corporation (US), IQVIA Inc. (US), Inovalon (US), NAVEX Global, Inc. (US), Censinet (US), American Data Network (US), Arventa Pty Ltd (Australia), ComplianceQuest (US), Radar Healthcare Inc (UK), Pascal Metrics Inc. (US), and SafeQual Health (US). Media Contact Company Name: MarketsandMarkets™ Research Private Ltd. Contact Person: Mr. Rohan Salgarkar Email: Send Email Phone: Address: 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445 City: Florida State: Florida Country: United States Website: https://www.marketsandmarkets.com/Market-Reports/patient-safety-risk-management-software-market-231628922.html

Nov 12, 2025
Inovalon

Inovalon Frequently Asked Questions (FAQ)

  • When was Inovalon founded?

    Inovalon was founded in 1998.

  • Where is Inovalon's headquarters?

    Inovalon's headquarters is located at 4321 Collington Road, Bowie.

  • What is Inovalon's latest funding round?

    Inovalon's latest funding round is Take Private.

  • Who are the investors of Inovalon?

    Investors of Inovalon include Insight Partners, Nordic Capital, 22C Capital and Cure by Deerfield Middle East Health Accelerator.

  • Who are Inovalon's competitors?

    Competitors of Inovalon include Applied Research Works, Arcadia, NextGen Healthcare, Innovaccer, VisiQuate and 7 more.

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