Inovalon Certified by CMS, Receiving Fee-For-Service Medicare Data for All 50 States and the District of Columbia
Inovalon Holdings, Inc. - Class A (INOV)
Last inovalon holdings, inc. - class a earnings: 4/29 04:10 pm
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Source: GlobeNewswire
BOWIE, Md., Aug. 08, 2017 (GLOBE NEWSWIRE) -- Inovalon (NASDAQ:INOV), a leading technology company providing advanced, cloud-based platforms empowering a data-driven transformation from volume-based to value-based models across the healthcare ecosystem, today announced that during the second quarter of 2017 the Company began receiving Medicare FFS data under the Centers for Medicare & Medicaid Services (CMS) Qualified Entity (QE) Program for all 50 states and the District of Columbia. The QE Program enables organizations meeting precise requirements pertaining to performance measurement, data management, security and existing data volume to receive identified fee-for-service Medicare Parts A, B and D medical and pharmacy claims data for use in promoting value, health outcomes and performance improvement in the healthcare system. Under Inovalon’s agreement with CMS, the Company is in the process of receiving data for all Medicare fee-for-service patients back to 2009. Upon the compl
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