JHSPH - Inovalon, Inc. Information Session October 28, 2013
Agenda Introduction to Inovalon, Inc. College Recruiting Program Internship Program Q&A 2
Our Name 3
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. 4
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. 5
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. 6
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. 7
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." 8
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." 9
Locations Bowie, MD (Headquarters) Melford, MD Annapolis, MD Columbia, MD Lansing, MI Tampa, FL Phoenix, AZ Herndon, VA Snellville, GA Remote Field Associates 10
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 11
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 13
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 14
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 15
Additional Info College Recruiting Program Website www.careers-inovalon.icims.com 16
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. 18
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 19
Contact Us College Recruiting Program: Kelly Reinhardt: kreinhardt@inovalon.com Internship Program: Erin Chadwick: echadwick@inovalon.com Inovalon Website: www.inovalon.com Careers Page: www.careers-inovalon.icims.com 20
Discussion