Healthcare Bizdev
HCBD-Pro Services Client Subscribers

HCBD-PRO Services

Query News -

Welcome <Guest> Login
back to News
 
Inovalon to Acquire ABILITY Network

Source Inovalon, Inc.
Published Date 3/7/2018
Combination Creates A Vertically Integrated Leader In Cloud-Based Enablement Of Data-Driven, Value-Based Care 

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 a definitive agreement to acquire ABILITY® Network (“ABILITY”) for aggregate consideration of $1.2 billion in cash and restricted stock, creating a vertically-integrated leader in cloud-based enablement of data-driven, value-based care. The transaction is expected to close in April 2018, subject to customary closing conditions and regulatory approvals and is expected to be accretive to Inovalon’s Non-GAAP diluted net income per share in 2018. ...
View the entire Inovalon, Inc. article
    LinkedIn
 
Featured Companies
Ability Network
Minneapolis, MN
 
Inovalon, Inc.
Bowie, MD
 

Company Representatives Featured
Kim Collins
[Vice President - Corporate Marketing]
Inovalon, Inc.
Media Contact
 
Keith Dunleavy MD
[President, CEO, and Chairman of the Board]
Inovalon, Inc.
 
George Price
[VP, Investor Relations]
Inovalon, Inc.
 
Mark A. Pulido
[Chairman and CEO]
Ability Network
 
 
back to News
About Us | Purchase Pro | Contact Us

© 2006-2010 Healthcare BizDev, Inc. All rights reserved. Privacy Policy | Legal Conditions