INNV

InnovAge Holding Corp. (NASDAQ:INNV) is a healthcare services company that specializes in providing comprehensive medical and social services to frail elderly adults through the Program of All-Inclusive Care for the Elderly (PACE) model. Founded in 2007 and headquartered in Denver, Colorado, the company went public in March 2021. InnovAge operates 18 PACE centers across five states - Colorado, California, New Mexico, Pennsylvania, and Virginia - serving approximately 7,530 participants as of its most recent quarter. The company has navigated significant operational challenges in recent years, including regulatory sanctions and audit remediation efforts, while working to transform its business model through technology integration and operational improvements.