BillionaireNet
family
K
Rank #2011
UNITED STATESTechnologyHealth IT

Keith Dunleavy & family

Net Worth
$1.913B
0% (24h)
Keith Dunleavy, a physician and entrepreneur, is the founder of Inovalon, a cloud-based healthcare data analytics firm. His net worth is estimated at $1.9 billion as of December 16, 2025. Dunleavy, 56, came up with the idea for Inovalon during his medical residency at Johns Hopkins Hospital in 1998. He graduated from Harvard Medical School and practiced internal medicine before focusing on building Inovalon full-time. Dunleavy served as CEO of Inovalon for 26 years, retiring on March 1, 2025, and transitioning to the Board of Directors. Inovalon went public in 2015 and was later taken private in 2021. His career showcases a blend of medical expertise, engineering, and business acumen, driving innovation in the Health IT sector. Dunleavy also serves as a Director of the Dunleavy Foundation, a private foundation.

The Full Dossier

Early Life and Education

Keith Dunleavy was born on April 4, 1965. He earned a bachelor's degree in biology modified with engineering, with high honors, from Dartmouth College. His studies focused on the neurosciences, computer sciences and electrical engineering. He then received a doctorate in medicine from Harvard Medical School. He completed his medical residency at The Johns Hopkins Hospital and is board-certified in internal medicine.

Rise to Success

During his residency at Johns Hopkins, Dunleavy envisioned using data analytics to improve healthcare. He founded Inovalon in 1998, a cloud-based healthcare software and data analytics company. Inovalon went public in 2015. Dunleavy led the company for 26 years as CEO. In 2021, Inovalon was acquired by a consortium of investors led by Nordic Capital. Dunleavy has been recognized as the youngest physician billionaire.

Key Business Strategies

Dunleavy's success stems from his ability to integrate technology and healthcare, and analyze extensive data sets for healthcare improvements. Inovalon provides software and analytics to over 50,000 healthcare customers. Inovalon's platform processes data from over 1.1 million physicians, 710,000 clinical settings, and 450 million unique lives.

Philanthropy

Keith Dunleavy serves as a Director of the Dunleavy Foundation. The Dunleavy Foundation focuses on investing in organizations, people, and ideas that promote sense of purpose, self-reliance, impactful leadership, and a lasting benefit to society. Dr. Dunleavy is also the Chairperson of the Board of the Morehead-Cain Scholarship Foundation. In 2023, the Dunleavy Foundation had revenue of $2.74 million and expenses of $12.2 million, with charitable disbursements of $12.0 million.

Career Timeline

2025

Retired as CEO of Inovalon

Retired as CEO and transitioned to the Board of Directors.

2021

Inovalon Privatization

Sold Inovalon to a consortium of private equity firms.

2015

Inovalon IPO

Took Inovalon public on the NASDAQ.

1998

Founded Inovalon

Founded Inovalon during his medical residency, aiming to transform healthcare through data analytics.

Philanthropic Impact

Philanthropy$12.0M

Dunleavy Foundation

Supports organizations promoting purpose, leadership, and societal benefit.

Wealth Trajectory