Inovalon Is Buying Twin Cities’ Ability Network For ~$1.2 Billion



Via News Release

“BOWIE, Md., March 07, 2018 (GLOBE NEWSWIRE) — Inovalon (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.”