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Innovage Holding Corp. - INNV STOCK NEWS

Welcome to our dedicated page for Innovage Holding news (Ticker: INNV), a resource for investors and traders seeking the latest updates and insights on Innovage Holding stock.

InnovAge Holding Corp (INNV) operates a specialized healthcare platform delivering integrated care for seniors through the PACE program. This page aggregates official company announcements, financial disclosures, and operational updates for investors and industry observers.

Access timely press releases covering earnings reports, care model innovations, regulatory developments, and strategic partnerships. Our curated collection helps stakeholders track INNV's performance in senior care markets while monitoring implementation of their capitated payment model.

Key updates include Medicare/Medicaid compliance changes, center expansions, clinical quality improvements, and leadership announcements. Bookmark this page for centralized access to verified InnovAge communications, maintained with neutral reporting standards.

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InnovAge Holding Corp. announces financial results for Q4 and full year 2023, with total revenues of $688.1 million, a decrease of 1.5% compared to 2022. Net loss of $43.6 million, a decrease of 5.2 percentage points compared to 2022. Adjusted EBITDA of negative $1.3 million, a decrease of $35.6 million compared to 2022.
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InnovAge Holding Corp. will release its 2023 fiscal Q4 financial results on September 12, 2023, after market close. A conference call to review the results will be held at 5 p.m. ET. A live audio webcast of the call will be available on the company's website.
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InnovAge Holding Corp. has named Ben Adams as its Chief Financial Officer (CFO), effective July 10. Adams will lead the company's finance organization and help position the company for responsible, profitable growth. Adams brings nearly three decades of healthcare finance experience to InnovAge.
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InnovAge Holding Corp. (Nasdaq: INNV) announced it will release its 2023 fiscal third quarter financial results on May 9, 2023, after market close. A conference call to discuss the results will take place at 5 p.m. E.T. on the same day.

InnovAge specializes in providing healthcare programs for frail seniors who are dual-eligible for Medicare and Medicaid via the Program of All-Inclusive Care for the Elderly (PACE). As of December 31, 2022, the company served approximately 6,460 participants across 18 centers in five states.

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InnovAge Holding Corp. (Nasdaq: INNV) announced the appointment of Patty Fontneau to its Board of Directors, effective immediately. This change follows the departure of Pavithra Mahesh and Caroline Dechert, which retains investment firm representation while adding independent voices. Chairman Jim Carlson emphasized Fontneau's extensive payor-side experience and leadership in healthcare services as crucial for enhancing the Board's capabilities. Fontneau, currently the CEO of Reach Out and Read Colorado, has significant experience from her leadership roles with Cigna and Colorado’s health insurance marketplace. As of December 31, 2022, InnovAge serves approximately 6,460 seniors across five states.

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InnovAge Holding Corp. (Nasdaq: INNV) has appointed Christine Bent as its new Chief Operations Officer effective March 20, 2023. Bent, who brings extensive experience in healthcare management, will oversee operations at existing PACE centers and the development of new programs in different markets. InnovAge’s CEO, Patrick Blair, emphasized the importance of sustaining operational gains and ensuring responsible growth. With a mission to provide quality care to frail dual-eligible seniors, InnovAge currently serves about 6,460 participants across 18 centers in five states.

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Innovage Holding Corp.

Nasdaq:INNV

INNV Rankings

INNV Stock Data

384.09M
19.97M
85.19%
11.86%
0.27%
Medical Care Facilities
Services-health Services
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United States
DENVER