What it does
Inovalon publishes 1 service line: Risk adjustment (Converged Risk), quality/HEDIS reporting (Converged Quality), medical record retrieval and location services, claims management, revenue cycle management. Everything above is drawn from the 15 public sources cited at the foot of this page. Fields the company does not publish are marked as unpublished below rather than estimated.
Evaluation criteria
Inovalon publishes 4 of the 8 fields in the rubric. Across the 318 vendors profiled in this hub the median is 5. 170 of the 318 publish more; 100 publish exactly as many.
Profile notes
What to confirm before you sign
Inovalon publishes 4 of the 8 fields in the Content Hub rubric. Across all 318 vendors profiled in the Content Hub, the median is 5 of 8. The gaps below are not marks against the vendor — most of this industry quotes on request. They are simply the questions you still have to ask, and the answers are worth getting in writing before a file changes hands.
- How do you charge — per page, per file, per hour, or per seat?Get the unit before you scope a pilot. A per-hour or per-seat quote and a per-page quote behave very differently once a file runs past 1,000 pages.
- What does a real 1,000-page file cost, all in?Ask for a worked example rather than a rate card. Duplicate pages, rush fees and monthly minimums are where the quoted rate and the final invoice separate.
- What is the turnaround on a 1,000-page file, and is that a median or a best case?Ask what the clock starts from — receipt, or the point the file clears intake — and what the same number looks like in your busiest week.
- What formats does the deliverable come in, and do the citations survive export?Ask to see an exported file rather than a screen share. A citation that works inside the vendor's viewer and dies in Word is not a citation you can file.
- Where do the records live, and who signs the BAA?Protected health information is going to leave your office. Ask which entity holds it, in which country, and who is on the hook if it leaks.
- Is my data used to train a model?Ask for the answer in the contract rather than the sales call, and check whether it also binds their subprocessors.
Key facts
| Segment | GCC, Insurance (Health Plans / Risk Adjustment), Insurance AI / Risk Adjustment, Insurance Underwriting & Payer Chart Review |
| Website | |
| Founded | 1998 (as MedAssurant, founded by Keith Dunleavy, MD; renamed Inovalon in 2012) |
| HQ | Not published (historically associated with Bowie, Maryland; not confirmed via primary source in this session) |
| Ownership | Private; taken private November 2021 by an equity consortium led by Nordic Capital, including Insight Partners (previously NASDAQ: INOV, IPO April 2015) |
| Not published | HeadcountPricingTurnaroundCertifications |
Sources
- Inovalon website
- BBB (complaint) · 2024-08-27
- Capterra · date n/a
- Capterra (Canada mirror) · date n/a
- Capterra (UK mirror) · date n/a
- Inovalon Converged Record Review product page
- Inovalon launch press release
- GlobeNewswire coverage of launch
- ForeSee Medical: Risk Adjustment Software | Top Platforms & Vendors for 2026
- Arcadia: 20 Risk Adjustment Software Vendors to Consider in 2026
- FinancialContent / GlobePRwire: The Best Risk Adjustment Companies Health Plans Should Know in 2026
- TechBullion: 7 Best Risk Adjustment Software Platforms for 2026
- Rx Almanac: AI Prior Authorization Platform Map
- Pelica Health: Reveleer Alternatives and Competitors in 2026
- SourceForge: Best Wisedocs Alternatives & Competitors (50 vendors)