Innovaccer Recognized in Four 2024 Gartner® Hype Cycle™ Reports

Company Recognized in Gartner Hype Cycle for U.S. Healthcare Payers, 2024; Hype Cycle for Industry Cloud Platforms, 2024; Hype Cycle for Healthcare Data, Analytics, and AI, 2024; and Hype Cycle for Healthcare Providers, 2024 Reports.

SAN FRANCISCO—October 1, 2024—Innovaccer Inc., a leading healthcare AI company, today announced its recognition in three Gartner Hype Cycle reports: Hype Cycle for U.S. Healthcare Payers, 2024; Hype Cycle for Industry Cloud Platforms, 2024; and Hype Cycle for Healthcare Providers, 2024.

In the Hype Cycle for U.S. Healthcare Payers, 2024, Innovaccer is recognized as a Sample Vendor in the "Next-Generation Value-Based Payment" and "Intelligent Prior Authorization” categories. The report states that "Next-generation value-based payment (NGVBP) rewards quality, cost-effective healthcare, integrating social determinants of health (SDOH) for equity, enabling data interoperability, fostering patient engagement, setting clear performance benchmarks and mandating timely reporting." It also notes that "Intelligent prior authorizations (iPAs) use APIs, natural language processing (NLP) and AI to automate the decision making, data exchange and workflows between providers and payers to process requests for services while informing consumers of their status."

Gartner has recognized Innovaccer as a Sample Vendor in two categories in its Hype Cycle for Industry Cloud Platforms, 2024 report: "Digital Health Platform" and "Industry Cloud Platform for Payers." The report defines Digital Health Platforms as "an architectural approach and a transformative solution that empowers healthcare providers to navigate strategic imperatives and external uncertainties." For Industry Cloud Platforms for Payers, Gartner notes that these platforms "address industry-relevant business outcomes by combining underlying SaaS, PaaS, and IaaS services into a whole product offering with composable capabilities." Both categories highlight solutions that integrate cloud services with industry-specific features and composable elements to address the unique needs of healthcare providers and payers.

The Hype Cycle for Healthcare Providers, 2024 recognizes Innovaccer as a Sample Vendor in multiple categories. Innovaccer is listed as a Sample Vendor for "Digital Health Platform," which the report defines as "an architectural approach and a transformative solution that empowers healthcare providers to navigate strategic imperatives and external uncertainties." Additionally, Innovaccer is mentioned as a Sample Vendor for "Population Health Management Solutions," described as "sets of IT capabilities and related services that enable healthcare organizations to achieve health, cost, and experience goals for a discrete population of individuals." The report also lists Innovaccer as a Sample Vendor for "CRM in HCLS" (Customer Relationship Management in Healthcare and Life Sciences) and "Advanced Analytics Architecture for Providers." Furthermore, Innovaccer is included as a Sample Vendor for "Digital Marketplace for Healthcare," which the report characterizes as "an online catalog that enables healthcare organizations to efficiently find, test, procure, share, implement and integrate technology and clinical products and services."

This year’s recognitions make a total of four Hype Cycle mentions for Innovaccer, including a mention in the  Hype Cycle for Healthcare Data, Analytics, and AI, 2024. This brings the count to over ten mentions of Innovaccer across the four Hype Cycle reports, which we believe underscores the substantial and growing impact of their solutions in the healthcare industry.

"We’re excited to be recognized by Gartner across such diverse technological arenas," said Abhinav Shashank, cofounder and CEO of Innovaccer. "We believe that this acknowledgment underscores our dedication to pushing the boundaries of what's possible in healthcare and industrial sectors through our advanced Healthcare AI Platform. By simplifying complex data challenges and enhancing operational efficiencies, we empower our clients not just to adapt but to thrive in an increasingly digital future."

Gartner Hype Cycles provide a graphic representation of the maturity and adoption of technologies and applications, and how they are potentially relevant to solving real business problems and exploiting new opportunities. Gartner Hype Cycle methodology gives you a view of how a technology or application will evolve over time, providing a sound source of insight to manage its deployment within the context of your specific business goals.

For more details about Innovaccer's solutions and their impact on healthcare and industrial technology, visit www.innovaccer.com .

The Gartner reports are available to Gartner subscribers at:

• Hype Cycle for U.S. Healthcare Payers, By Mandi Bishop, Austynn Eubank, Connie Salgy, 29 July 2024
• Hype Cycle for Industry Cloud Platforms, By Gregor Petri, Tarun Rohilla, Yefim Natis, Dennis Gaughan, 29 July 2024
• Hype Cycle for Healthcare Providers, By Andrew Meyer, Roger Benn, 10 July 2024

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About Innovaccer

Innovaccer is the data platform that accelerates care innovation through innovative AI technologies. Innovaccer’s AI-powered healthcare platform unifies patient data across systems and care settings, and empowers healthcare organizations with scalable, modern applications that improve clinical, financial, operational, and experiential outcomes. Innovaccer’s EHR-agnostic solutions have been deployed across more than 1,600 hospitals and clinics in the US, enabling care delivery transformation for more than 96,000 clinicians, and helping providers work collaboratively with payers and life sciences companies. Innovaccer has helped its customers unify health records for more than 54 million people and generate over $1.5 billion in cumulative cost savings. The Innovaccer platform is an industry-leading data and analytics platform, the Best in KLAS CRM solution, and the #1 rated population health technology platform by Black Book. For more information, please visit innovaccer.com.

Gartner Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.