Inovalon Reports Fourth Quarter and Full Year 2017 Results

Inovalon (Nasdaq:INOV), a leading technology company providing advanced, cloud-based platforms empowering a data-driven transformation from volume-based to value-based models across the healthcare ecosystem, today announced financial results for the fourth quarter and full year of 2017.

As quoted in the press release:

“Significant progress was achieved in 2017 as the Company brought the Inovalon ONE™ Platform to the marketplace, advanced its transition to subscription-based cloud-based platform offerings, materially expanded margins, and exited the year with strong organic growth,” said Keith Dunleavy, M.D., Inovalon’s chief executive officer and chairman of the board. “As we look forward we see continued strong progression of our key agenda items to expand the adoption of our cloud-based platform, the value we bring to the healthcare ecosystem, and the financial performance we deliver to our shareholders.”

Click here to read the full press release.