Inovalon announced the launch of ScriptMed Cloud Infusion Management. Powered by the Inovalon ONE® Platform, this specialty pharmacy module brings to the marketplace the industry's most advanced infusion management functionality, significantly improving the cost efficiency, patient experience, and clinical outcomes associated with infusion pharmacy operations. Currently estimated to be approximately $25 billion annually, and projected to reach $45 billion by 2028, the global home infusion therapy market is highly unique in its requirements for the complex processes of patient qualification, management, administration, and clinical care.

Leveraging the data, connectivity, analytics, and purpose-built functionality of ScriptMed Cloud, the Infusion Management module provides a customizable workflow that simplifies the many time-consuming steps pharmacies must complete including referral management, coverage verification, patient onboarding, care venue transitions, custom drug compounding, dispensing, clinical management, reporting, and more. Together with Inovalon's DataStream™ API and the broader ScriptMed Cloud offering, the Infusion Management module empowers a new era of cost efficiency and care outcomes for infusion medicine operators. The infusion clinician is now able to access and utilize in real-time, longitudinal patient-specific data otherwise unavailable to them, which dramatically improves speed to dispense, reduces cost to fill, and enables more holistic and informed care decisions, leading to better cost efficiencies, patient experience, and clinical outcomes.