Inovalon Acquires VigiLanz, a Leading Clinical Surveillance and Patient Safety SaaS and Data Company

Acquisition Expands Inovalon’s Offerings, Enhancing Solutions for Hospitals, Clinical Facilities, Clinicians, and Life Sciences Inovalon, a leading provider of cloud-based software solutions empowering data-driven healthcare, today announced the acquisition of VigiLanz, an industry-leading, rapidly growing SaaS-based clinical surveillance and patient safety software and data company. Founded in 2001, 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. This acquisition enriches Inovalon’s provider and life sciences solution portfolios, expands its customer base, and increases the Company’s clinical data connectivity. Together, the combination advances Inovalon’s leadership and further accelerates its growth in data-enabled healthcare solutions, empowering greater clinical surveillance and safety solutions, ultimately helping providers and life sciences organizations to reduce adverse outcomes, improve patient safety, and lower costs. Further, the combination broadens Inovalon’s customer base and grows the estimated addressable market opportunity by more than $340 million in its provider market offering, and by more than $5.7 billion in the life sciences market offerings. “VigiLanz has created an impressively hi...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Dr. David Goldsteen Health IT Acquisitions Healthcare M&A Inovalon Keith Dunleavy Vigilanz Source Type: blogs