About
About Inovalon Holdings, Inc
Inovalon Holdings, Inc. provides cloud-based platforms for data-driven healthcare. It operates Inovalon ONE Platform, an integrated, real-time cloud native platform that interconnect with the healthcare ecosystem to aggregate and analyze data in real-time, as well as empowers the application in resulting insights. The company also operates myABILITY software platform, an integrated set of cloud-based applications for providers that offers connectivity, administrative, clinical and quality analysis, management, and performance improvement capabilities to acute, post-acute, and ambulatory point-of-care provider facilities. In addition, it offers advisory, implementation, and support services. The company serves health plans and provider organizations, as well as pharmaceutical, medical device, and diagnostics companies. Its platforms include information of data pertaining to approximately one million physicians; 574,000 clinical facilities; and approximately 332 million individuals and 61 billion medical events. Inovalon Holdings, Inc. was founded in 1998 and is headquartered in Bowie, Maryland. As of November 24, 2021, Inovalon Holdings, Inc. was taken private.
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5 years, 5 months ago
Inovalon Holdings, Inc is currently in a long term uptrend where the price is trading 29.1% above its 200 day moving average.
From a valuation standpoint, the stock is 99.5% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 6.5.
Inovalon Holdings, Inc's total revenue rose by 9.4% to $190M since the same quarter in the previous year.
Its net income has increased by 353.9% to $21M since the same quarter in the previous year.
Finally, its free cash flow grew by 114.4% to $33M since the same quarter in the previous year.
Based on the above factors, Inovalon Holdings, Inc gets an overall score of 5/5.