JHSPH - Inovalon, Inc. Information Session...Our unique achievement of value is delivered through...

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JHSPH - Inovalon, Inc. Information Session October 28, 2013

Transcript of JHSPH - Inovalon, Inc. Information Session...Our unique achievement of value is delivered through...

Page 1: JHSPH - Inovalon, Inc. Information Session...Our unique achievement of value is delivered through the effective progression of Turning Data into Insight, and Insight into Action ®.

JHSPH - Inovalon, Inc. Information Session

October 28, 2013

Page 2: JHSPH - Inovalon, Inc. Information Session...Our unique achievement of value is delivered through the effective progression of Turning Data into Insight, and Insight into Action ®.

CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.

Agenda

• Introduction to Inovalon, Inc.

•College Recruiting Program

•Internship Program

•Q&A

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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.

Our Name

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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.

Values & Mission Statement

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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.

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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.

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.

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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.

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.

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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.

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.

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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.

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."

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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.

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."

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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.

Locations • Bowie, MD (Headquarters)

• Melford, MD

• Annapolis, MD

• Columbia, MD

• Lansing, MI

• Tampa, FL

• Phoenix, AZ

• Herndon, VA

• Snellville, GA

• Remote Field Associates

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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.

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

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College Recruiting Program Program Coordinator: Kelly Reinhardt

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• 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

History & Development

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• 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

Mentor Program

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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved. 15

• 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

The Future of College Recruiting

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• College Recruiting Program Website

– www.careers-inovalon.icims.com

Additional Info

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Internship Program Program Coordinator: Erin Chadwick

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• 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.

History & Development

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• 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

Internship Program Details

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• College Recruiting Program:

– Kelly Reinhardt: [email protected]

• Internship Program:

– Erin Chadwick: [email protected]

• Inovalon Website: www.inovalon.com

• Careers Page: www.careers-inovalon.icims.com

Contact Us

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CONFIDENTIAL. © 2012 by Inovalon, Inc. All rights reserved.

Discussion