Inovalon

Inovalon (Bowie, MD) entered into a definitive agreement to acquire Avalere Health (Washington, DC), a healthcare consulting firm, for $140 million. Avalere will operate as a subsidiary of Inovalon. Avalere CEO Dan Mendelson will continue to lead Avalere’s day-to-day operations. The transaction is expected to close on or about September 1, 2015 subject to customary closing conditions and antitrust clearance.

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