Moody's says Inovalon's ratings are unaffected by the go-private transaction at this time
Announcement: Moody's says Inovalon's ratings are unaffected by the go-private transaction at this time. Global Credit Research- 23 Aug 2021. New York, August 23, 2021-- Moody's Investors Service said that the recently announced go-private transaction by Inovalon Holdings, Inc. does not affect the existing B2 Corporate Family Rating or stable outlook.Inovalon Holdings is a holding company. Through its subsidiaries, the company is engaged in providing cloud-based platforms empowering data-driven healthcare. Through the Inovalon ONE? Platform, the company brings to the marketplace a capability to interconnect with the healthcare ecosystem, aggregate and analyze data in real-time. The company's technology platforms and analytics are informed by data pertaining to physicians, clinical facilities, individuals, and medical events. The company sells subscription licensing of its platform solutions, as well as provides related arrangements for advisory, implementation, and support services.
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