Innowage

InnovAge is a U.S. healthcare services company focused on delivering all-inclusive care for older adults through the Program of All-inclusive Care for the Elderly (PACE). The company provides coordinated medical care, social services, pharmacy, rehabilitation, transportation, and long-term support intended to help frail seniors remain in their homes and communities rather than move to nursing facilities. InnovAge describes itself as the largest PACE provider in the United States by participants served. Headquartered in Denver, Colorado, it operates centers across multiple states and generates revenue from fully capitated Medicare and Medicaid arrangements. It is a commercial-stage healthcare delivery company rather than a therapeutics developer, and it does not appear to have a drug pipeline in biotech/pharma terms.