USA – Inovalon, a Bowie, MD-based provider of cloud-based software solutions empowering data-driven healthcare, acquired VigiLanz, a Minneapolis, MN, SaaS-based clinical surveillance and patient safety software and data company.
The amount of the deal was not disclosed. The acquisition expands Inovalon’s offerings, enhancing solutions for hospitals, clinical facilities, clinicians, and Life Sciences. This acquisition enriches Inovalon’s provider and life sciences solution portfolios, expands its customer base, and increases the company’s clinical data connectivity. Founded in 2001 by Dr. David Goldsteen, CEO, VigiLanz is focused on advancing clinical surveillance, patient safety software, and related clinical data connectivity, helping hospitals, clinical facilities, clinicians, and life sciences companies identify opportunities to avoid or minimize harm, improve safety, and provide the highest quality healthcare. VigiLanz is a clinical partner to a large and growing community of hospital CMOs, CMIOs, CIOs, quality and safety teams, infectious disease and control specialists, pharmacists, and other clinicians dedicated to innovative, real-time inpatient and outpatient care. Led by Keith Dunleavy, M.D., Founder and Chief Executive Officer, Inovalon is a provider of cloud-based software solutions empowering data-driven healthcare. The Inovalon ONE® Platform brings together national-scale connectivity, real-time primary source data access, and advanced analytics into a cloud-based platform empowering improved outcomes and economics across the healthcare ecosystem. The company’s analytics and capabilities are used by nearly 20,000 customers supporting over 50,000 sites of care and are informed by the primary source data of more than 80 billion medical events across 1.1 million physicians, 659,000 clinical settings, and 379 million unique patients.05/02/2024