InnovAge (OTCMKTS:INNV) is a healthcare services company specializing in the Program of All-Inclusive Care for the Elderly (PACE), a comprehensive care model designed to meet the medical, social and long-term care needs of seniors. Through an integrated network of physicians, nurses, social workers and rehabilitation therapists, InnovAge coordinates and delivers primary care, prescription drug coverage, hospital and specialty services, adult day programming, and in-home support. The company’s flagship product, Senior PACE, offers a multidisciplinary team approach aimed at improving quality of life, maximizing independence and reducing unnecessary hospitalizations.
Built around community-based PACE centers, InnovAge provides participants with access to on-site medical exams, physical and occupational therapy, nutritional counseling, transportation to appointments and social activities. In addition to center-based care, the company delivers personalized in-home services such as nursing visits, personal care assistance and caregiver respite. By leveraging electronic health records and care management software, InnovAge ensures continuity of care and real-time communication among caregivers, participants and family members.
With operations across multiple states, InnovAge serves seniors in both urban and rural communities. The company currently operates PACE centers in California, Colorado, Michigan, Missouri, New Mexico, Texas and Washington, working in partnership with local hospitals, skilled nursing facilities and community organizations. Through contractual arrangements with state Medicaid programs and Medicare fee-for-service, InnovAge offers its PACE model at little to no cost for qualified participants, helping underserved seniors remain in their homes or community settings.
Founded on the principles of patient-centered care, InnovAge traces its roots to early PACE pilot programs in the 1970s and has grown under an experienced executive leadership team with deep expertise in geriatric medicine, managed care and operations. Headquartered in Long Beach, California, the company’s board of directors and senior management focus on expanding access to value-based senior care, enhancing clinical outcomes and fostering partnerships that support sustainable, community-driven health solutions.
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