JHSPH - Inovalon, Inc. Information Session
October 28, 2013
Agenda
• Introduction to Inovalon, Inc.
•College Recruiting Program
•Internship Program
•Q&A
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
Our Name
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
Values & Mission Statement
Mission Statement:
Inspired by innovation, empowered
with energy, committed to value,
and realized through action, we
bring together advanced data
analytics and highly targeted
interventions to achieve meaningful
insights and powerful impact
improving healthcare outcomes and
economics.
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
Who We Are
Inovalon is a healthcare technology company that combines advanced data analytics with highly targeted
interventions to achieve meaningful impact in clinical outcomes and financial performance across the healthcare
landscape.
Our unique achievement of value is delivered through the effective progression of Turning Data into Insight, and
Insight into Action®. Proprietary datasets, sophisticated analytics, deep subject matter expertise and nationwide
in-community personnel deliver a seamless, end-to-end platform of technology and operations. Driven by data,
Inovalon uniquely identifies gaps in care, quality, data integrity, and financial performance – while also bringing to
bear the resources to resolve them. This differentiating combination provides a powerful capability suite that
drives high-value impact, improving the quality and economics for health plans, hospitals, physicians, patients,
and researchers.
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
How We Help
•
Healthcare organizations face significant challenges to achieve higher standards of care and member
satisfaction while improving financial performance and delivering more value to their customers. Data-driven
analytics offer powerful insight into solutions for these challenges, and Inovalon uniquely combines
comprehensive data sets, expert analysis, and a nationwide infrastructure to validate and improve gaps in
care, quality, documentation, and assessment — turning insight into action.
•
Inovalon clients enjoy the ability to engage with us in one area of their business and then incorporate other
offerings into their operations to address a variety of challenges without the complexity of data integration
and contract management across multiple vendors. As health plans face the challenges of the evolving
healthcare industry, many are turning to Inovalon to provide effective, data-driven solutions for the following:
•
•
Risk score accuracy
•
Quality measurement and improvement
•
Data management
•
Medical record audit support
•
Risk score verification processes
•
Care management
No longer can the healthcare landscape afford the inefficiencies of disease management initiatives operating
unaware of quality improvement programs, or member outreach efforts failing to leverage knowledge of
recent emergency room visits. Data is driving a difference in healthcare – bringing meaningful improvements
to all members of the healthcare community.
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
Who We Help
•
Health Plans: At Inovalon we are working closely with nearly 200 health plans in all 50 states, Puerto Rico, and
the District of Columbia to achieve a meaningful impact in today’s healthcare. At the core of our effort is a
focus on medical informatics – improving its accuracy – improving its insight – and improving its impact. With
our industry expertise and unique approach, we provide unmatched solutions that are meaningfully improving
clinical and quality outcomes, disease management, and the financial efficiencies.
•
Physicians: Inovalon’s solutions are designed with significant clinical insight and consideration of the
healthcare provider’s goals. On a daily basis, on behalf of many parties within the healthcare community,
Inovalon’s solution suite connects with thousands of practitioners, their offices, and patients as part of our
mission to improve healthcare data accuracy, quality of care, disease management, and the overall care
delivery system efficiency. We are highly dedicated to these causes.
•
Patients and Members: Every person is unique. Every person is important. We understand this point and have
made it a focus of our efforts. In fact, we believe so strongly that each person is unique and important that
Inovalon's entire approach is a dedication to understanding the uniqueness and making a commitment to
delivering meaningful support and improvement.
•
Researchers: The ability to perform large scale healthcare data analyses, abstract and aggregate millions of
clinical cases, coordinate patient and provider project communications, is driving innovation in today's
healthcare landscape. Inovalon's systems are empowering these changes for the researchers and leaders of
tomorrow's healthcare improvements.
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
Leadership
Keith R. Dunleavy, M.D.
President, CEO, and Chairman of the Board
"Our passion for meaningful improvements in healthcare is the energy that drives us."
Nathan W. Eastman
Senior Vice President and Chief Financial Officer
"It is truly rewarding to see our clients improve their return on investment as they
improve quality of care."
Christopher Greiner
Chief Product Officer
"Our data-driven solutions provide meaningful quality and data accuracy
improvements for our partners."
Daniel L. Rizzo
Chief Innovation Officer
"The source of each new solution is really a simple desire to improve care."
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
Leadership
Jason Z. Rose
Chief Strategic Development Officer
"We’re a catalyst in strengthening our partners’ initiatives for quality and financial
improvement."
Joe Rostock
Chief Technology Officer
"Technology is key to driving significant and sustainable improvements in healthcare."
Shauna Vernal
Senior Vice President and Chief Legal Officer
"We embrace integrity, compliance and security, the guiding principles that we share
with our clients."
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
Locations
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Bowie, MD (Headquarters)
•
Melford, MD
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Annapolis, MD
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Columbia, MD
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Lansing, MI
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Tampa, FL
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Phoenix, AZ
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Herndon, VA
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Snellville, GA
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Remote Field Associates
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
The Future of Inovalon
• Supplemental Member Encounters (SME)
• Walgreens & ePASS
• Current available positions: 109
• 59 new hires onboarded in September and October
• 8.4 new hires starting per week
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
College Recruiting Program
Program Coordinator: Kelly Reinhardt
History & Development
• Developed in Q4 2011
• 2012 Hire Group
– 4 new hires:
• Associate Software Development Engineer
• 2013 Hire Group
– 3 new hires:
• Associate Software Development Engineer
• Associate Business Analyst
• Associate Systems Analyst
• 2014 Hire Group
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
Mentor Program
• Each associate hired through the College Recruiting Program is
assigned a mentor
• Mentor is a tenured employee within your department
• Mentor should:
– Introduce associate to the job, department, and company
– Offer insight and expertise
– Be a stable, informative resource
• Associate and mentor will meet continuously through first year of
employment
• Associate and mentor given the opportunity for informal and formal
evaluations on the program and each other
• Most valuable aspect of the College Recruiting Program
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
The Future of College Recruiting
• Begin College Recruiting efforts in January/February 2014
– Attend career events
• Interviewing will begin in March/April 2014
• Start dates will aim to be in late May/early June 2014
• Potential available positions:
– Associate Software Development Engineer: working with a team of
software engineers to build applications using C#, .NET, SQL Server
– Associate Systems Analyst: assisting in designing, building, and maintaining
software, hardware, network and computer technologies that power
Inovalon’s services
– Associate Business Analyst: modeling, analyzing and testing business
processes
– Project Coordinator: coordinating and track of project deliverables
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
Additional Info
• College Recruiting Program Website
– www.careers-inovalon.icims.com
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
Internship Program
Program Coordinator: Erin Chadwick
History & Development
• Based on the success of the College Recruiting Program, Inovalon has
decided to implement an Internship Program, beginning Summer
2014.
• Gain hands-on, professional experience in the growing industry of
healthcare informatics.
• Will be available in several different departments.
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
Internship Program Details
• Summer 2014
– May through August
– 40 hours per week
• Paid
• College credit determined by school
• 10 interns per semester
– Information Technology
– Product
– Finance
• Mentor Program – supervisor
• Program evaluations
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
Contact Us
• College Recruiting Program:
– Kelly Reinhardt: [email protected]
• Internship Program:
– Erin Chadwick: [email protected]
• Inovalon Website: www.inovalon.com
• Careers Page: www.careers-inovalon.icims.com
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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.
Discussion
CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.