Inovalon launched Converged Analytics Benchmarking, the first and only benchmarking solution that provides health plans with current monthly insight into their relevant national and state quality measure performance while still within the respective measurement period. Unlike other solutions that provide benchmarks based on prior years? data, Inovalon's prospective quality benchmarks are calculated monthly from current data covering more than 80% of the HEDIS® covered lives in the U.S., arming health plans with highly valuable, up-to-date predictive insights to inform in-year adjustments to improve quality outcomes, patient and provider engagement, and value-based care program performance.

Inovalon's Converged Analytics Benchmarking solution enables health plans to identify measures where they are currently underperforming, analyze how specification changes have inadvertently impacted their performance, and compare their results to the broader market on a then-current monthly basis. These insights enable health plans to make better decisions around their member-outreach planning, provider engagement initiatives, value-based care strategies, and other quality improvement programs, leading to better financial outcomes, higher member satisfaction, and more rapid market expansion. Converged Analytics Benchmarking is fully interoperable with Inovalon?s cloud-based Converged suite of integrated, SaaS offerings that enables seamless implementation for new and existing health plan customers.