Inovalon
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Inovalon

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    • HealthTechnologyanalyticsclinicscloud platforms

    Inovalon is a technology company which provides cloud-based platforms to the healthcare industry. Leveraging large-scale data interconnectivity capabilities, large proprietary data sets, advanced analytics, data-driven intervention systems, and deep subject matter expertise, the Company enables the assessment and improvement of clinical and quality outcomes and financial performance across the healthcare ecosystem.

    Revenue(FY, 2016)
    $427.6 M
    Market capitalization(2018-04-23)
    $1.5 B
    Enterprise Customers(FY, 2016)
    500
    Type
    Public
    HQ
    Bowie, US
    Founded
    1998
    Size (employees)
    1,908 (est)
    Website
    inovalon.com
    Inovalon was founded in 1998 and is headquartered in Bowie, US
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    Key People/Management at Inovalon

    Keith Dunleavy

    Keith Dunleavy

    Chief Executive Officer and Chairman of the Board
    Robert Wychulis

    Robert Wychulis

    President
    Jason Capitel

    Jason Capitel

    Chief Revenue Officer
    Mike Burgin

    Mike Burgin

    Chief Product Officer
    June Duchesne

    June Duchesne

    Chief Legal Officer
    Christopher Greiner

    Christopher Greiner

    Chief Financial Officer and Chief Operating Officer
    Show more

    Inovalon Office Locations

    Inovalon has an office in Bowie
    Bowie, US (HQ)
    4321 Collington Rd
    Show all (1)
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    Inovalon Financials and Metrics

    Inovalon Financials

    Inovalon's revenue was reported to be $427.59 m in FY, 2016 which is a 2.2% decrease from the previous period.
    USD

    Revenue (Q3, 2017)

    		115.9 m

    Gross profit (Q3, 2017)

    		77.4 m

    Gross profit margin (Q3, 2017), %

    		66.8%

    Net income (Q3, 2017)

    		8.2 m

    EBIT (Q3, 2017)

    		13.9 m

    Market capitalization (23-Apr-2018)

    		1.5 b

    Cash (30-Sep-2017)

    		232.6 m
    Inovalon's current market capitalization is $1.5 b.
    Annual
    USDFY, 2014FY, 2015FY, 2016

    Revenue

    		361.5 m437.3 m427.6 m

    Revenue growth, %

    		21%(2%)

    Cost of goods sold

    		112.8 m146.1 m159.2 m

    Gross profit

    		248.8 m291.1 m268.4 m
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Revenue

    		117.6 m105.5 m102.7 m123.8 m105 m108.3 m110.6 m115.9 m

    Cost of goods sold

    		33.6 m38.4 m41.9 m43.2 m35.4 m38.3 m37.2 m38.4 m

    Gross profit

    		84 m67.1 m60.7 m80.6 m69.6 m70 m73.4 m77.4 m

    Gross profit Margin, %

    		71%64%59%65%66%65%66%67%
    show all
    Annual
    USDFY, 2015FY, 2016

    Cash

    		114 m127.7 m

    Accounts Receivable

    		81.3 m85.6 m

    Current Assets

    		844 m685.9 m

    PP&E

    		65 m76.4 m
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Cash

    		793.1 m194.4 m166.5 m126.9 m159.8 m214.4 m147.9 m192 m232.6 m

    Accounts Receivable

    		65.6 m87 m93.5 m73.2 m94.8 m79.9 m101.6 m95.7 m83.8 m

    Current Assets

    		865 m891.9 m848.6 m850.1 m865.7 m813.8 m660.6 m645.9 m625.3 m

    Goodwill

    		62.3 m62.3 m136.5 m137.7 m137.7 m133.6 m184.6 m185.6 m184.9 m
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016

    Net Income

    		65.4 m66.1 m27.1 m

    Depreciation and Amortization

    		37.3 m

    Accounts Payable

    		(3.5 m)

    Cash From Operating Activities

    		85.5 m67.6 m92.8 m
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

    Net Income

    		13.8 m26.1 m10.1 m2.4 m16.3 m7.8 m3.6 m

    Depreciation and Amortization

    		4.9 m4.8 m5.5 m8.4 m8.5 m8.9 m12.5 m

    Accounts Payable

    		(1.7 m)10.3 m18.8 m17.7 m11.7 m13.9 m17.7 m

    Cash From Operating Activities

    		817 k
    show all
    USDY, 2017

    Revenue/Employee

    		60.7 k

    Financial Leverage

    		1.5 x
    Show all financial metrics

    Inovalon Operating Metrics

    Inovalon's Enterprise Customers was reported to be 500 in FY, 2016.
    FY, 2016

    Clinical Facilities in Database

    		371 k

    Enterprise Customers

    		500

    Individuals in Database

    		150 m

    Physicians in Database

    		848 k
    Show all operating metrics

    Inovalon Acquisitions / Subsidiaries

    Acquired CompanyDateDeal Size
    ABILITY Network (416)March 07, 2018$1.20 b
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    Competitors

    Springbuk
    Health - Private
    TrueBlue
    Business Services - Public
    The Hackett Group
    Business Services - Public
    RPX Corporation
    Business Services - Public
    Compare competitors

    Inovalon News and Updates

    April 24, 2018

    What It's Like to Take a Company Public--From 4 CEOs Who've Done It and Lived to Tell the Tale

    Taking a company public invites all sorts of distractions, from demanding analysts to hostile investors. Meet four founders who've made that leap while staying true to their mission.
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