InnovAge Company Report

Company Overview

• Name: InnovAge

• Mission: InnovAge is committed to helping seniors live life on their own terms by aging in place, in their own homes and communities, for as long as safely possible.

• Founded: No information is available.

• Founders: No information is available.

• Key People: Patrick Blair, President and CEO; Dr. Rona Knudsen, Center Medical Director for InnovAge PACE.

• Headquarters: 8950 E. Lowry Boulevard, Denver, CO 80230

• Number of Employees: No information is available.

• Revenue: No information is available.

• What the Company is Known For: Largest provider of the Program of All-inclusive Care for the Elderly (PACE) based on participants served.

Products

PACE (Program of All-Inclusive Care for the Elderly)

• Description: PACE is an alternative to nursing home facilities, providing customized healthcare and social support at a nearby PACE center. Each participant's health is managed by a team of medical experts to ensure they age safely in their own homes.

• Key Features:

• Comprehensive healthcare services personalized for seniors

• Support from a team of medical experts at PACE centers

• Alternatives to nursing home facilities

Recent Developments

• InnovAge Recertification: On May 29, 2024, InnovAge was recertified as a Great Place to Work. This honor highlights the strength, credibility, and commitment of the InnovAge team to help seniors live healthier and more independent lives.

• Expansion Plans: As of October 2, 2023, InnovAge is preparing for expansion amid potential closures of skilled nursing facilities due to regulatory changes.

• Leadership Vision: President & CEO Patrick Blair has emphasized the importance of increasing awareness of the PACE program, and InnovAge’s goal to ensure the program's long-term success as of May 29, 2024.

• Caring for Seniors: Dr. Rona Knudsen joined InnovAge as a Center Medical Director, bringing 20 years of experience in serving seniors.

Additional Information

• Locations: InnovAge has locations in California, Colorado, Florida, New Mexico, Pennsylvania, and Virginia.

• Innovation Initiatives: Annual Quality Assessment and Performance Improvement (QAPI) plans are developed to ensure compliance with state and federal regulations and to improve service delivery.

This report compiles all available data regarding InnovAge, focusing on crucial aspects such as company profile, product offerings, and recent progress.