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 it has entered into an agreement with Amgen, one of the world's leading independent biotechnology companies and leader in instituting innovative, value-based contracts across its product portfolio to better manage healthcare costs and enable access to therapeutic solutions that deliver value to patients, payers, and providers. Under the agreement, Inovalon and Avalere Health, an Inovalon Company, will deploy its data, analytics capabilities, and subject matter expertise with Outcomes Based Contracts (OBCs) to support further development of OBCs based on the value of Amgen’s products. ... |