InnovAge Wants PACE To Be More Than Just Health Care’s ‘Best Kept Secret’

When asked to summarize the company’s 2024 thus far, InnovAge Holding Corp. (Nasdaq: INNV) CEO Patrick Blair called it “a year of continuous improvement.”  One of the reasons for this is that — after putting its regulatory challenges in the rearview — is the company continuous fine-tuning of compliance.  It has also assembled a management […]

InnovAge Acquires ConcertoCare PACE Programs

InnovAge (Nasdaq: INNV), one of the largest providers of the Program of All-Inclusive Care for the Elderly (PACE) model, is expanding its footprint even further. On Friday, InnovAge announced it is acquiring two PACE programs in California from ConcertoCare, which is also a provider of home care and home-based primary care. “The addition of ConcertoPACE […]

How InnovAge Plans To Elevate PACE Model Above ‘Best-Kept Secret’ Label

Since the start of his career as a primary care, internal medicine physician, Dr. Richard Feifer has sat at the intersection of geriatrics, population health and value-based payment models. The Program of All-Inclusive Care for the Elderly (PACE) model has long been a passion of his. This made him the perfect person to serve as […]

Help at Home Appoints Chief Human Resources Officer; InnovAge Lands New CMO

Help at Home Help adds chief human resources officer The Chicago-based personal home care company Help at Home has named Lisa George as its new chief human resources officer. George has previously served in human resources leadership roles at Cardinal Health (NYSE: CAH), Walmart (NYSE: WMT) and Campbell’s Soup (NYSE: CPB). Most recently, she was […]

InnovAge Appoints New CEO; Axxess Beefs Up Executive Leadership Team

InnovAge names new president and CEO Longtime InnovAge (Nasdaq: INNV) CEO Maureen Hewitt has stepped down from the role. Patrick Blair, formerly of Bayada Home Health Care, has been named president and CEO by InnovAge’s board of directors. The appointment comes after reports that Colorado’s Department of Health Care Policy and Financing and the U.S. […]

InnovAge CEO Maureen Hewitt: PACE Tailwinds Stronger Than Ever

InnovAge (Nasdaq: INNV) went public earlier this year with a $350 million IPO. It has since set its sights on expansion. The largest Program of All-Inclusive Care for the Elderly (PACE) organization in the country, InnovAge is bullish on its ability to do just that, thanks to both internal confidence and also external, regulatory tailwinds. […]

Transactions: ModivCare to Buy VRI for $315M; Nova Leap Completes Home Care Deal

ModivCare expands into remote patient monitoring ModivCare Inc. (Nasdaq: MODV), a diversified health care services company with a large personal care business, has signed an agreement to acquire VRI Intermediate Holdings LLC, a provider of remote patient monitoring solutions. Under terms of the agreement, the Denver-based ModivCare will acquire 100% of VRI for a purchase […]

Changemakers: Maureen Hewitt, President and CEO, InnovAge

InnovAge (Nasdaq: INNV) is the largest provider of the Program of All-Inclusive Care for the Elderly (PACE) model in the U.S., based on number of seniors served. And as more seniors desire to age in place, PACE has become a more popular option, too, with states looking to expand the program and federal lawmakers vying […]

Transactions: Amedisys Acquires VNA’s Home Health Assets; AccordCare Expands Medicaid Business

Amedisys Inc. (Nasdaq: AMED) has completed its purchase of Visiting Nurse Association’s (VNA) assets. Baton Rouge, Louisiana-based Amedisys has a number of in-home care capabilities, including home health, hospice and personal care services. Amedisys also recently acquired Contessa Health for $250 million. The deal gives the company a range of acute-level care services. Meanwhile, VNA […]