InnovAge Holding Corp. INNV

What this company does

InnovAge Holding Corp. provides all-inclusive, capitated care to high-cost seniors, many of whom are dual-eligible. As of June 30, 2025, the Company served approximately 7,740 PACE participants and operated 20 PACE centers across California, Colorado, Florida, New Mexico, Pennsylvania and Virginia. As of June 30, 2025, it had approximately 2,440 employees, including over 1,600 clinical professionals. InnovAge is headquartered in Denver, Colorado, and manages its business as one reportable segment, PACE. Through its Program of All-Inclusive Care for the Elderly ("PACE"), it fulfills medical and ancillary services for seniors, including in-home care services, in-center services such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities, transportation to and from the PACE center and third-party medical appointments, and care management. It directly contracts with government payors, such as Medicare and Medicaid, and does not rely on third-party administrative organizations or health plans. InnovAge Holding Corp. and certain wholly owned subsidiaries were formed as for-profit corporations effective May 13, 2016, to purchase the outstanding common stock of Total Community Options, Inc., which was formed in May 2007. In connection with its initial public offering in March 2021, it changed the name of the company from TCO Group Holdings, Inc. to InnovAge Holding Corp.

Written from the business description in InnovAge Holding Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 9 September 2025. Every sentence was checked against that document before publication.