Under the agreement, which is expected to close in April, the combined companies hope to create a vertically integrated cloud-based platform that enables “real-time, value-based care from payers, manufacturers and diagnostics all the way to the patient’s point of care,” according to a press release.
Applying data and analytics at the point-of-care and within physician workflows will foster high-value and high-impact applications of data that are highly sought after by health plans, employers, pharmaceutical companies, medical device manufacturers and diagnostic companies. The companies add that acute, post-acute and ambulatory care providers would benefit from better access to more meaningful data, more advanced analytics, clinical care protocols and decision support, and value-based tools to drive down costs and improve patient outcomes.
As part of the acquisition, Inovalon will gain access to more than 44,000 acute, post-acute and ambulatory point-of-care providers that currently tap into Ability.
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