Inovalon Honors Innovators for Excellence in Healthcare with 2024 Impact Awards

The winners were recognized at the annual Empower conference for their outstanding achievements and commitment to advancing health economics and outcomes in three categories

BOWIE, Md., Oct. 29, 2024 (GLOBE NEWSWIRE) — Inovalon, a leading provider of cloud-based software solutions that empower data-driven healthcare, today announced the winners of the 2024 Inovalon Impact Awards, which recognize the efforts of individuals. and teams driving meaningful change and improving patient outcomes in healthcare. As announced at Empower, Inovalon’s annual data summit, this year’s honorees were recognized for their outstanding contributions to innovation, data quality and collaborative teamwork in healthcare.

The awards are presented in three categories—Data Dream Team, Collective Excellence, and Innovator of the Year—each recognizing specific contributions to data-driven innovation in healthcare. Winners receive a charitable donation in their name, increasing the impact of the award beyond the industry.

Dream Data Team

The Data Dream Team Award recognizes innovative data-driven team achievements that improve patient care, provide innovative research ideas, or improve organizational performance.

Inovalon commends the Health Care Service Corporation (HCSC) team for their effective collaboration in collecting data and addressing gaps in the HEDIS® system. The team converted information from the internal case management system into data usable for HEDIS action. The team collected 395,110 new data points in the initial launch of HEDIS, allowing the company to better meet the chronic disease management needs of its Medicare Advantage members.

“Data helps us focus our efforts on reaching communities and improving the health of our members,” said Brandi Gustafik, quality improvement manager at HCSC. “We believe we are one of the first insurers to have found a way to overcome interoperability issues in this way. “We really appreciate the recognition of our efforts.”

Collective Excellence

The Collective Excellence Award recognizes healthcare organizations that improve patient experience and health outcomes. In response to a category that has received exceptional nomination stories, Inovalon named two honorees for their contributions: Walgreens and the Opioid Stewardship Network Committee at Inspira Health.

Walgreens received the award for launching and integrating Gene and Cell Services into its specialty pharmacy and for investing in its capabilities as it further develops the company’s core pharmaceutical business to improve patient outcomes and enhance value for payers and partners. Walgreens has established an 18,000 square foot innovation center in Pittsburgh, Pennsylvania, which provides comprehensive services to support new gene and cell therapies.

Additionally, Inspira Health’s Opioid Stewardship Network Committee was recognized for collaborating with Inovalon’s Vigilanz solutions to address gaps in EHR data, significantly improving the Pharmacy Surveillance Module and Opioid Module. Their efforts to optimize opioid prescribing practices and improve patient safety are consistent with the goals of the SAMHSA grant.

Innovator of the Year

The Innovator of the Year Award recognizes a passionate healthcare professional who pushes boundaries and ultimately makes a significant difference in their field.

This year’s honoree is Karen Knight, partner at Face Rock Enterprises. Knight was selected for her exceptional contributions to empowering tribal health care organizations through innovative financial strategies. By optimizing revenue cycle management, she helped one tribe generate more than $500,000 in additional funds in just six months. Knight’s extensive experience in health care management and passion for improving health outcomes in tribal communities exemplify her innovative approach to building sustainable health systems.

“I am honored and blessed to be recognized as Inovalon’s Innovator of the Year,” said Karen Knight of Face Rock Enterprises. “I work with tribes across the country using ideas, out-of-the-box thinking and technical innovation. We’re seeing increased profitability and improved health outcomes. Together with Inovalon, we can make innovation possible and solve complex problems.”

“We are thrilled to recognize all of this year’s outstanding winners for their outstanding achievements and dedication to advancing healthcare innovation for the benefit of patients,” said Eron Kelly, President of Inovalon. “The 2024 Impact Awards honorees are truly driving meaningful change and improved patient outcomes, and we are honored to recognize their collective contributions to using data to drive innovation and transform health care.”

For more information, visit https://www.inovalon.com/awards or contact (email protected).

HEDIS® is a registered trademark of the National Committee for Quality Assurance (NCQA). The NCQA™ Measures Certification Program is a trademark of the National Committee for Quality Assurance (NCQA).

About Inovalon

Inovalon is a leading provider of cloud-based SaaS solutions that empower data-driven healthcare. The Inovalon ONE® platform combines national connectivity, real-time access to primary data and advanced analytics into a sophisticated cloud platform to improve outcomes and economics across the entire healthcare ecosystem. The company’s analytics and capabilities are used by nearly 20,000 customers supporting more than 53,000 healthcare organizations, and are powered by first-party data on more than 85 billion healthcare events from 1.1 million physicians, 677,000 clinical sites and 395 million unique lives. For more information, visit www.inovalon.com.

Contact:

Tom Paolella

Senior Director of Press and Analyst Relations, Inovalon

(email protected)