InnovAge Holding Corp. (INNV)

InnovAge Holding Corp. manages and provides a comprehensive range of medical and ancillary services aimed at helping seniors live independently in their homes and communities. The company's operations are based on the Program of All-Inclusive Care for the Elderly (PACE) model, which integrates medical and social services to support the complex needs of the elderly. InnovAge offers a variety of in-home care services, including skilled nursing, unskilled assistance, and personal care. Additionally, it provides in-center services such as primary care, physical therapy, occupational therapy, speech therapy, dental care, mental health and psychiatric services, meals, and recreational activities.

InnovAge's service portfolio extends to transportation for PACE participants to and from their centers and third-party medical appointments, ensuring seamless access to necessary healthcare and support. The company's care management services are designed to coordinate all aspects of a participant’s care, providing a holistic approach to elder care.

The company operates 18 PACE centers located in five states: Colorado, California, New Mexico, Pennsylvania, and Virginia. These centers are equipped to provide a wide range of health and social services, helping seniors maintain their independence while receiving comprehensive care. InnovAge's multidisciplinary team works collaboratively to deliver personalized care plans that address the unique needs of each participant, promoting their overall well-being and quality of life.

InnovAge Holding Corp. was originally known as TCO Group Holdings, Inc. before rebranding in January 2021 to better reflect its mission and services. Founded in 2007, the company is headquartered in Denver, Colorado, and has grown to become a leader in the elder care industry. InnovAge’s commitment to innovative care solutions and its extensive network of PACE centers underscore its dedication to improving the lives of seniors through integrated, community-based care.