Inovalon Results Presentation Deck

Updated 2017 Adjusted EBITDA Margin Expansion inovalon Inovalon's investments in innovation are driving increased Platform efficiencies, while also enabling the introduction of new Inovalon ONETM Platform offerings with higher margins. These forces are enabling an expected 100 to 200 basis point expansion in annual Adjusted EBITDA margin in 2017 before the impact of the acquisition of CCS. 100 to 200 Basis Point Year-to-Year Improvement 23.4% FY2016 Adj EBITDA Margin % (200- 400 bps) Investment Initiatives 200 - 100 bps 400 - 200 bps Represents -450 bps of Gross Margin Expansion YtY Platform Mix & Price Changes Platform Efficiencies The above table is for illustrative purposes only. INOV Q3 2017 Earnings Presentation Supplement (11.1.17) v1.0.0 25.4% 24.4% FY 2017E Adj EBITDA Margin % Excl. CCS Acquisition (90 bps) Acquisition 24.5% 9 23.5% FY 2017 E Adj. EBITDA Margin Incl. CCS Acquisition Continued commitment to investments in innovation, sales capacity expansion and technology-enabled efficiency initiatives Increasing mix of higher margin Platform offerings Technology-enabled efficiency initiatives spanning connectivity, automation and integration driving strong operating leverage yielding Gross Margin expansion of 450 bps YtY Over the 2H 2017 integration period, the acquisition of CCS expected to be a -90 bp headwind to Adjusted EBITDA margin Ⓒ2017 by Inovalon. All rights reserved.

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