Full-Time

Senior Product Owner

RWD

Posted on 2/6/2025

Inovalon

Inovalon

1,001-5,000 employees

Cloud-based healthcare data analytics solutions

Compensation Overview

$98.2k - $155kAnnually

+ Performance-based incentives

Senior

Company Historically Provides H1B Sponsorship

Remote in USA

Hybrid model for candidates living within 50 miles of Tampa, FL; Minneapolis, MN; Bowie, MD; and Canonsburg, PA.

Category
Product Management
Product
Required Skills
Agile
Product Management
SCRUM
Requirements
  • Minimum 3-5 years of experience with exposure to SAAS products as a business analyst or related role
  • Must be data focused and enjoy working with healthcare data
  • Healthcare experience is a requirement - preferably life sciences
  • Must have knowledge of data licensing
  • Must be able to write requirements and create a data specification
  • Must be familiar with real world data and claims, ideally closed payer claims data (understanding 837 and 835)
  • Agile / SCRUM experience and/or certification
  • Excellent interpersonal, written, and oral communication skills
  • High level of honesty, respect, dependability and flexibility
  • Experience in fast-paced and rapidly growing environment
  • Strong business acumen
  • Must be comfortable gathering feedback from internal and external stakeholders
Responsibilities
  • Adopt and role model Agile behaviors while building an inclusive team culture
  • Working within the Insights Business unit (that works with Life Sciences clients)
  • Writing requirements and create data specifications
  • Working with Real World Data; specifically closed claims data
  • Working with data licensing
  • Drive strong collaboration across internal stakeholders including product, customer success team, sales, engineering, corporate development, and marketing to ensure timely execution and delivery of our products to market
  • Engage with internal and external stakeholders to inform product and feature design to drive perspective, requirements, and prioritization of the backlog in line with the product vision and while communicating expectations to internal and external stakeholders
  • Develop detailed business requirements that meet the needs of internal and external stakeholders and support corporate objectives
  • Analyze the current system or application, conceptualize and define operational problems, model and present recommended enhancements and modifications, and walk each new enhancement or modification through the development process, from planning and preparation to testing and implementation
  • Oversee the design, prioritization, and delivery of products through the software development lifecycle, from concept to testing, deployment, adoption and value realization
  • Perform validation and testing of solutions through managing and executing user acceptance plans, collaborating with the engineering team during user testing and complex validation sessions, and responding to technical and functional product questions raised by stakeholders, and reformulate solutions as necessary to ensure that the recommended solution is responsive to the data requirements
  • Analyze the impact of a proposed solution on connected processes, systems, and/or applications to determine the best course of action to achieve the desired outcome
  • Assist in the development of roadmaps and business strategy for assigned product or department
  • Demonstrate robust knowledge of the healthcare industry, product management, and software development to translate problems, needs, and opportunities into user stories
  • Display effective time management across complex and overlapping projects while supporting your team with schedule and priority management
  • 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
  • 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
Desired Qualifications
  • Mastery of Microsoft Office tools, including Word, Excel, and PowerPoint preferred
  • Great organizational skills and ‘get things done’ attitude

Inovalon provides cloud-based software solutions that focus on improving data-driven healthcare. The company offers a platform that integrates real-time data access and advanced analytics, which helps healthcare organizations enhance patient care and operational efficiency. Inovalon's platform supports over 100 solutions for various healthcare operations, including revenue cycle management and care quality management. Clients, which include healthcare providers, payers, and pharmaceutical companies, pay subscription fees for access to these user-friendly tools that can easily integrate into their existing systems. Inovalon also offers consulting services to help clients maximize their data and analytics capabilities. The company's goal is to empower healthcare organizations to use data effectively to achieve better clinical outcomes and improve their overall performance.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Bowie, Maryland

Founded

1997

Simplify Jobs

Simplify's Take

What believers are saying

  • Inovalon's AI-powered Converged Record Review improves risk score accuracy for health plans.
  • The MEDITECH partnership expands Inovalon's reach in revenue cycle management.
  • Great Place To Work® Certification enhances Inovalon's employee retention and talent attraction.

What critics are saying

  • A $50 million fraud lawsuit could harm Inovalon's reputation and finances.
  • Integration issues with MEDITECH may delay revenue cycle management benefits.
  • Healthcare budget constraints could impact Inovalon's subscription-based revenue model.

What makes Inovalon unique

  • Inovalon integrates advanced cloud-based data analytics for healthcare improvement.
  • The company offers over 100 solutions for healthcare operations optimization.
  • Inovalon's platform supports real-time data exchange and electronic decision support.

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Benefits

Health Insurance

Life Insurance

401(k) Company Match

Paid Vacation

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

12%

1 year growth

12%

2 year growth

14%
HR Tech Wire
Feb 27th, 2025
Inovalon's Patient Payment Solutions Are Now Available on the PointClickCare Marketplace

By integrating Inovalon's Patient Payment Management and Patient Statement Management software with PointClickCare's platform, long-term and post-acute care providers can offer patients, residents, and their caregivers around-the-clock, mobile-accessible, and secure payment options with intuitive statements to prevent payment delays.

GlobeNewswire
Oct 17th, 2024
Inovalon Launches AI-Powered Converged Record Review To Improve Risk Score Accuracy for Health Plans

Inovalon launches ai-powered Converged Record Review to improve risk score accuracy for health plans.

Science Press Releases
Sep 26th, 2024
Inovalon Ranked #1 For Provider Revenue Cycle Management and Performance Analytics Software by Black Book Research

Annual client-rated survey recognizes Inovalon as top vendor for RCM Intelligence & Analytics Solutions in 2024.

Hit Consultant
Jun 28th, 2024
Inovalon And Meditech Alliance Partner To Streamline Revenue Cycle Management

What You Should Know:– Inovalon, an innovator in cloud-based healthcare data solutions, announced a strategic partnership with the MEDITECH Alliance.– The strategic collaboration empowers thousands of healthcare providers using MEDITECH’s electronic health record (EHR) systems to leverage Inovalon’s end-to-end revenue cycle management (RCM) solutions.Optimizing Reimbursement and Reducing ErrorsThe partnership tackles a significant challenge in healthcare: inefficient claims processing leading to delayed reimbursements and lost revenue for providers. Inovalon’s solutions address this issue by:Improved Efficiency and Accuracy: Inovalon’s Claims Management Pro and Eligibility Workflow solutions streamline the revenue cycle process, minimizing errors and ensuring claims are submitted accurately. This translates to: Reduced denials Faster reimbursements Improved cash flow for healthcare providersInovalon’s Claims Management Pro and Eligibility Workflow solutions streamline the revenue cycle process, minimizing errors and ensuring claims are submitted accurately. This translates to: Leveraging Powerful Data and Analytics: Inovalon’s RCM solutions are built upon the Inovalon ONE® Platform. This platform utilizes the industry’s largest collection of de-identified healthcare data, combined with advanced analytics, to provide valuable insights that optimize RCM processes.Benefits for MEDITECH CustomersMEDITECH’s extensive network of healthcare provider customers will gain significant advantages through this partnership:Reduced Costs: Improved claims accuracy and faster reimbursements lead to reduced administrative costs associated with denied claims and follow-up efforts.Improved claims accuracy and faster reimbursements lead to reduced administrative costs associated with denied claims and follow-up efforts. Enhanced Patient Satisfaction: Faster claim processing translates to quicker payment for patients, improving the overall patient experience.Faster claim processing translates to quicker payment for patients, improving the overall patient experience

Yahoo Finance
Jun 28th, 2024
Inovalon and MEDITECH Collaborate to Transform and Optimize Revenue Cycle

BOWIE, Md., June 28, 2024 (GLOBE NEWSWIRE) - Inovalon, a leading provider of cloud-based software solutions empowering data-driven healthcare, today announced a new partnership with the MEDITECH Alliance, an ecosystem of partner organizations with successfully proven and interoperable solutions with MEDITECH, a leading global electronic health record (EHR) provider.

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