Inovalon was founded in 1998 on the belief that technology, and data specifically, would empower the transformation of the entire healthcare ecosystem for the better, improving both outcomes and economics. At Inovalon, we believe that when our customers are successful in their missions, healthcare improves. Therefore, we focus on empowering them with data-driven solutions. And the momentum is building.
Together, as ONE Inovalon, we are a united force delivering solutions that address healthcare’s greatest needs. Through our mission-based culture of inclusion and innovation, our organization brings value not just to our customers, but to the millions of patients and members they serve.
Reporting to the President and General Manager, the Senior Vice President, Data Solutions will serve in a key leadership role as a member of the Senior Leadership Team (SLT) and will have responsibility for leadership and strategic direction in the development, execution, enhancement, and management of the company’s data solution portfolio.
The SVP Data Solutions will join Inovalon’s Insights business unit focused on life sciences companies and other healthcare sectors to quantify and communicate the real-world value of healthcare interventions and to align our clients’ business strategies with the evidentiary demands of an increasingly value-driven marketplace. This role will lead our Data Solutions teams focused on healthcare economics and commercial analytics solutions.
Responsibilities
- Develop and maintain an expert level of knowledge regarding products, services, and operations of the Company to achieve optimal insight into the Company’s products, services, capabilities, support, and functionality requirements;
- Manage, maintain, and be ultimately responsible for all day-to-day operations pertaining to the Company’s delivery of product services and/or the vendor relationships fulfilling such, in such a manner as to maximize the Company’s overall success, fulfillment of its contractual obligations, achievement of its corporate mission, and achievement of its fiscal goals, including, with respect to such product and service groups;
- Oversee the expansion and growth of the data solutions function, including the design and implementation of scalable business processes and infrastructure;
- Assess current state of operational management processes, business plans, reporting and controls; adjust and improve as appropriate;
- Provide visible and impactful leadership to employees as an executive and member of the business unit ELT; and
- In partnership with the business unit ELT, set the “tone at the top” of the organization that reinforces the values and employee value proposition.
- Maintain comprehensive communication with Inovalon management and appropriate internal personnel, vendors, and clients regarding timelines, readiness, needs, risks, cost implications, resource requirements, and all other material aspects related to the Company’s operations;
- Maintain compliance with Inovalon’s policies, procedures and mission statement;
- Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon’s Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position; and
- Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Employer.
Requirements
- Minimum of 15 years of relevant work experience within the healthcare industry with demonstrable accomplishments in developing and executing a growth strategy, driving operational efficiencies and revenue goal attainment
- Minimum of 5 years of experience with P&L and BoB management of $10MLN +
- Strong business acumen in HEOR and/or clinical development and/or medical affairs with minimum of 5 years of work experience in those areas
- Minimum of 3 years of leading large teams of 30+ people
- Proven track rack of growing professional services/consulting organization
- Proven track record of success facilitating progressive organizational change and development within a growing organization
- Proven situational leadership skills and the ability to motivate and generate enthusiasm with individuals across all levels of the organization. Exemplary interpersonal skills that translate into positive relationships with colleagues and clients
- Commitment to working in a team environment with an emphasis on collaboration and maintaining positive relationships with colleagues and clients
Education
- Bachelor’s degree in HEOR, Pharmacoeconomics, health policy, public policy, healthcare management, public health, public administration, health economics, business administration, law, or relevant discipline; or
- Master’s degree or PHD in relevant discipline preferred.
Inovalon Offers a Competitive Salary and Benefits Package
In addition to the base compensation, this position may be eligible for performance-based incentives.
The actual base pay offered may vary depending on multiple factors including, but not limited to, job-related knowledge/skills, experience, business needs, geographical location, and internal equity. At Inovalon, it is not typical for an individual to be hired at or near the top end of the range for their role, and compensation decisions are dependent upon the facts and circumstances of each position and candidate.
Inovalon invests in associates to help them stay healthy, save for long-term financial goals, and manage the demands of work and personal commitments. That’s why Inovalon offers a valuable benefits package with a wide range of choices to meet associate needs.
Base Compensation Range
$250,000—$300,000 USD
Studies have shown that women and people of color are less likely to apply for jobs unless they believe they meet every one of the qualifications listed in a job description. If you don’t meet every qualification listed but are excited about our mission and the work described, we encourage you to apply regardless. Inovalon is most interested in finding the best candidate for the job and you may be just the right person for this or other roles.
By embracing diversity, equity and inclusion we enhance our work environment and drive business success. Inovalon strives to reflect the diversity of the communities where we operate and of our clients and everyone whom we serve. We endeavor to create a culture of inclusion in which our associates feel empowered to bring their full, authentic selves to work and pursue their professional goals in an equitable setting. We understand that by fostering this type of culture, and welcoming different perspectives, we generate innovation and growth.
Inovalon is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirement.
The Company maintains a drug free work environment for all of its associates, which includes employees, contractors and vendors. It is unlawful for associates to manufacture, sell, distribute, dispense, possess or use any controlled substance or marijuana in the workplace and doing so will result in disciplinary action, up to and including termination of employment or the contracted relationship.
To review the legal requirements, including all labor law posters, please visit this link
What We Do
Inovalon is a leading provider of cloud-based platforms empowering data-driven healthcare.
