Inovalon Results Presentation Deck

2018 Revenue Guidance Bridge Inovalon continues to transition its business to an increasingly subscription-based cloud-based platform model. The Company's advancing capabilities and technologies continue to be positively recognized in the marketplace, in addition to the in-year contribution from the ABILITY acquisition. At the same time, external market forces related to the ACA that occurred in 2017 are a short-term opposing force in 2018. This combination of factors in 2018 yields full- year revenue guidance of $568M to $593M, or expected revenue expansion of 29% at the midpoint. The graphic to the right is for illustrative purposes only. INOV Q2 2018 Earnings Supplement (8.1.18) v1.0.0 Net Client Churn expected to be -5 points in 2018 Client decisions in 2017 to withdraw from ACA markets, unrelated to the efficacy of Inovalon services, is a short-term headwind of -8 points in 2018, most pronounced in 1H 2018 Continued transition and expansion of Inovalon ONE® Platform adoption is seen driving new platform client sales of -16 points of growth in 2018 ABILITY acquisition expected to contribute 24 points of revenue growth 5449.4 2017 Actual Revenue Full Year 2017 vs. 2018 Guidance Revenue Growth of 29% at the Midpoint --(5 pts) Net Client Chum -(8 pts) Client ACA Withdrawals -16 pts New Client Sales -2 pts CCS Acquisition in 2017) -24 pts ABILITY Acquisition $593 $588 2018 Revenue Guidance 23 2210

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