STOCK TITAN

CORRECTION -- InnovAge PACE Celebrates Anniversary of Vibrant Sacramento Center

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

InnovAge Holding Corp. (Nasdaq: INNV) celebrated the fourth anniversary of its Sacramento PACE center, showcasing significant growth and community impact. The center, a joint venture with Eskaton and Adventist Health, has expanded from 20 staff members to hundreds, serving a growing number of dual-eligible seniors.

InnovAge's PACE program offers comprehensive healthcare and support services at no cost for Medicare and Medi-Cal-covered participants. Services include transportation, in-home care, medication management, dental care, therapy, and more. The center features five day rooms, a primary care clinic, dental suite, therapy gym, and full-service kitchen.

CEO Patrick Blair emphasized the increasing demand for affordable senior healthcare, highlighting PACE's role in helping seniors live independently. The celebration recognized community partners and offered tours of the state-of-the-art facility, demonstrating InnovAge's commitment to personalized, integrated care for vulnerable seniors.

InnovAge Holding Corp. (Nasdaq: INNV) ha festeggiato il quarto anniversario del suo centro PACE di Sacramento, mostrando una crescita significativa e un impatto sulla comunità. Il centro, una collaborazione con Eskaton e Adventist Health, è passato da 20 membri dello staff a centinaia, servendo un numero crescente di anziani con doppia idoneità.

Il programma PACE di InnovAge offre servizi sanitari e di supporto completi senza alcun costo per i partecipanti coperti da Medicare e Medi-Cal. I servizi includono trasporto, assistenza domiciliare, gestione dei farmaci, cure dentali, terapia e altro ancora. Il centro dispone di cinque sale per il giorno, una clinica di medicina primaria, una suite dentale, una palestra per la terapia e una cucina a servizio completo.

Il CEO Patrick Blair ha sottolineato la crescente domanda di assistenza sanitaria accessibile per gli anziani, evidenziando il ruolo del PACE nell'aiutare gli anziani a vivere in modo indipendente. La celebrazione ha riconosciuto i partner della comunità e ha offerto visite guidate della struttura all'avanguardia, dimostrando l'impegno di InnovAge per un'assistenza personalizzata e integrata per gli anziani vulnerabili.

InnovAge Holding Corp. (Nasdaq: INNV) celebró el cuarto aniversario de su centro PACE en Sacramento, mostrando un crecimiento significativo y un impacto en la comunidad. El centro, una empresa conjunta con Eskaton y Adventist Health, ha crecido de 20 miembros del personal a cientos, atendiendo a un número creciente de ancianos con doble elegibilidad.

El programa PACE de InnovAge ofrece servicios de salud y apoyo integrales sin costo alguno para los participantes cubiertos por Medicare y Medi-Cal. Los servicios incluyen transporte, atención en el hogar, gestión de medicamentos, atención dental, terapia y más. El centro cuenta con cinco salas de día, una clínica de atención primaria, una suite dental, un gimnasio de terapia y una cocina de servicio completo.

El CEO Patrick Blair enfatizó la creciente demanda de atención médica accesible para personas mayores, destacando el papel de PACE en ayudar a los ancianos a vivir de manera independiente. La celebración reconoció a los socios comunitarios y ofreció recorridos por las instalaciones de vanguardia, demostrando el compromiso de InnovAge con el cuidado personalizado e integrado para ancianos vulnerables.

InnovAge Holding Corp. (Nasdaq: INNV)는 Sacramento PACE 센터의 네 번째 기념일을 기념하며, 눈에 띄는 성장과 지역 사회에 미치는 영향을 보여주었습니다. 이 센터는 Eskaton 및 Adventist Health와의 합작 투자로, 20명의 직원에서 수백 명으로 확장되어 이중 자격의 노인들에게 서비스를 제공하고 있습니다.

InnovAge의 PACE 프로그램은 Medicare 및 Medi-Cal이 보장하는 참여자에게 포괄적인 의료 및 지원 서비스를 비용 없이 제공합니다. 서비스에는 교통편, 가정 간호, 약물 관리, 치과 치료, 치료 및 기타 서비스가 포함됩니다. 센터에는 다섯 개의 낮의 방, 일차 진료 클리닉, 치과 치료실, 치료 체육관 및 완전 서비스 주방이 있습니다.

CEO Patrick Blair는 경제적인 노인 의료에 대한 증가하는 수요를 강조하며, PACE가 노인들이 독립적으로 생활할 수 있도록 돕는 역할을 강조했습니다. 축하 행사에서는 지역 사회 파트너를 인정하고 최첨단 시설 견학을 제공하여 취약한 노인을 위한 개인화되고 통합된 치료에 대한 InnovAge의 헌신을 보여주었습니다.

InnovAge Holding Corp. (Nasdaq: INNV) a célébré le quatrième anniversaire de son centre PACE à Sacramento, mettant en avant une croissance significative et un impact sur la communauté. Le centre, une coentreprise avec Eskaton et Adventist Health, est passé de 20 membres du personnel à des centaines, servant un nombre croissant de personnes âgées éligibles des deux programmes.

Le programme PACE d’InnovAge propose des services de santé et de soutien complets sans frais pour les participants couverts par Medicare et Medi-Cal. Les services comprennent le transport, les soins à domicile, la gestion des médicaments, les soins dentaires, la thérapie et bien d'autres. Le centre dispose de cinq salles de jour, d'une clinique de soins primaires, d'une suite dentaire, d'une salle de thérapie et d'une cuisine entièrement équipée.

Le PDG Patrick Blair a souligné la demande croissante pour des soins de santé abordables pour les personnes âgées, mettant en évidence le rôle du PACE dans l'aide aux personnes âgées pour vivre de manière autonome. La célébration a reconnu les partenaires communautaires et a proposé des visites de l’établissement à la pointe de la technologie, démontrant l'engagement d'InnovAge à fournir des soins personnalisés et intégrés aux personnes âgées vulnérables.

InnovAge Holding Corp. (Nasdaq: INNV) feierte das vierte Jubiläum seines PACE-Zentrums in Sacramento und stellte dabei signifikantes Wachstum und Einfluss auf die Gemeinschaft vor. Das Zentrum, ein Gemeinschaftsprojekt mit Eskaton und Adventist Health, hat sich von 20 Mitarbeitern auf Hunderte erweitert und bedient eine wachsende Anzahl von dual berechtigten älteren Menschen.

Das PACE-Programm von InnovAge bietet umfassende Gesundheits- und Unterstützungsdienste ohne Kosten für Medicare- und Medi-Cal-teilnehmende an. Zu den Dienstleistungen gehören Transport, häusliche Pflege, Medikamentenmanagement, zahnärztliche Versorgung, Therapie und mehr. Das Zentrum verfügt über fünf Tagesräume, eine Klinik für primärmedizinische Versorgung, eine Zahnbehandlungseinheit, ein Therapiegymnasium und eine voll ausgestattete Küche.

CEO Patrick Blair betonte die steigende Nachfrage nach bezahlbarer Gesundheitsversorgung für ältere Menschen und hob die Rolle von PACE hervor, die älteren Menschen ein unabhängiges Leben zu ermöglichen. Die Feier würdigte die Partner aus der Gemeinschaft und bot Führungen durch die hochmoderne Einrichtung an, um das Engagement von InnovAge für personalisierte, integrierte Pflege für verletzliche Senioren zu demonstrieren.

Positive
  • None.
Negative
  • None.

PACE Program Provides Highly Coordinated Personalized Senior Care in Partnership with Eskaton and Adventist Health     

In a release issued under the same headline on Friday, August 16, 2024, by InnovAge, please note the staff count four years ago has been corrected from seven to 20 people. The revised release is as follows:

SACRAMENTO, Calif., Aug. 22, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), celebrated the fourth anniversary of its Sacramento, California center with community members, local representatives, businesses, healthcare providers, and other valued partners.

“The demand for affordable, reliable healthcare for seniors is growing rapidly,” said InnovAge President and CEO Patrick Blair. “Along with our Eskaton and Adventist Health joint-venture partners, we are proud to celebrate the continued growth of InnovAge PACE’s state-of-the-art senior center in Sacramento. PACE is more than just a health care plan. It’s about teams of dedicated professionals providing dual-eligible seniors, a vulnerable population, and their families a broad array of care and services to help them continue to live independently.”

“Four years ago, we were a staff of 20 people, serving a few participants (enrolled seniors), and managing the challenges of opening in the middle of a pandemic,” said Center Director Jenny Rojas-Singh. “Today, our staff has significantly increased to meet the needs of the hundreds of participants we now serve. It is a privilege of mine to see this center grow every day.”

InnovAge provides integrated healthcare and support services to seniors, and at no cost for Medicare and Medi-Cal-covered participants. The program takes a personalized approach encompassing transportation, in-home care, medication management, dental care, specialty care, physical, occupational, and speech therapy, exercise, social services, meals and nutrition, socialization, recreational activities, and more. InnovAge tailors healthcare services to each participant, through customized care plans developed in partnership with seniors, their loved ones, and the company’s healthcare providers, helping to empower seniors and promote independence and well-being.

At today’s celebration, InnovAge recognized several community partners who help seniors, the Latino community, and low-income families, with counseling, support services, and education. Guests were able to tour the center and interact with staff who shared senior healthcare tips and community resources. The InnovAge Sacramento PACE center includes five day rooms, a primary care clinic with 13 exam rooms, a dental suite, multiple patios, a therapy gym, full-service kitchen, large dining room, and more.

Media Contact
Lara Hazenfield
InnovAge Public Relations & Content Creation Manager
lhazenfield@innovage.com
720-884-7568

About InnovAge
InnovAge is a market leader in managing the care of high-cost, frail, and predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE). With a mission of enabling older adults to age independently in their own homes for as long as safely possible, InnovAge’s patient-centered care model is designed to improve the quality of care its participants receive while reducing over-utilization of high-cost care settings. InnovAge believes its PACE healthcare model is one in which all constituencies — participants, their families, providers, and government payors — “win.” As of March 31, 2024, InnovAge served approximately 6,820 participants across 19 centers in six states. With the opening of its Orlando center April, InnovAge currently operates 20 centers. www.InnovAge.com.

This press release was published by a CLEAR® Verified individual.


FAQ

What is the stock symbol for InnovAge Holding Corp?

The stock symbol for InnovAge Holding Corp is INNV, traded on the Nasdaq exchange.

How many participants does InnovAge serve as of March 31, 2024?

As of March 31, 2024, InnovAge served approximately 6,820 participants across 19 centers in six states.

What services does InnovAge PACE offer to seniors in Sacramento?

InnovAge PACE in Sacramento offers integrated healthcare and support services including transportation, in-home care, medication management, dental care, specialty care, physical therapy, occupational therapy, speech therapy, exercise, social services, meals, nutrition, and recreational activities.

When did InnovAge open its Sacramento PACE center?

InnovAge opened its Sacramento PACE center four years ago, celebrating its fourth anniversary in August 2024.

Who are InnovAge's joint venture partners for the Sacramento PACE center?

InnovAge's joint venture partners for the Sacramento PACE center are Eskaton and Adventist Health.

InnovAge Holding Corp.

NASDAQ:INNV

INNV Rankings

INNV Latest News

INNV Stock Data

803.49M
135.50M
81.52%
12.46%
0.25%
Medical Care Facilities
Services-health Services
Link
United States of America
DENVER