InnovAge Holding
INNV

$6.21

1.43%

Market Cap: $844M

About: InnovAge Holding Corp is a healthcare delivery platform by several participants focused on providing all-inclusive, capitated care to high-cost, dual-eligible seniors. Its patient-centered care delivery approach improves the quality of care while keeping them in their homes and reducing over-utilization of high-cost care settings such as hospitals and nursing homes. The company's segment includes PACE and others. It generates maximum revenue from the PACE segment.

Employees: 2,100

Healthcare Health Services

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

46% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 13

12% more capital invested

Capital invested by funds: $74.1M [Q1] → $83.3M (+$9.18M) [Q2]

0.07% more ownership

Funds ownership: 12.27% [Q1] → 12.35% (+0.07%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

4% less funds holding

Funds holding: 47 [Q1] → 45 (-2) [Q2]

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for INNV.

See Analyst Rankings

Financial journalist opinion

CORRECTION -- InnovAge PACE Celebrates Anniversary of Vibrant Sacramento Center

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.

CORRECTION -- InnovAge PACE Celebrates Anniversary of Vibrant Sacramento Center

InnovAge PACE Celebrates Anniversary of Vibrant Sacramento Center

SACRAMENTO, Calif., Aug. 16, 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.

InnovAge PACE Celebrates Anniversary of Vibrant Sacramento Center

InnovAge Holding Corp. Announces $5.0 Million Share Repurchase Program

DENVER, June 10, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (NASDAQ: INNV) (the “Company” or “InnovAge”) announced today that its Board of Directors has approved a share repurchase program (the “Program”) that authorizes the Company to repurchase up to $5.0 million of its common stock. Share repurchases under the Program may be made from time to time on the open market, including pursuant to the safe harbor provided under Rule 10b-18 of the Securities Exchange Act of 1934, in privately negotiated transactions, or in any other manner that complies with the applicable securities law, including through the use of Rule 10b5-1 trading plans.

InnovAge Holding Corp. Announces $5.0 Million Share Repurchase Program

InnovAge PACE Recertified as a Great Place to Work

DENVER, June 03, 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) has been recertified as a Great Place to Work. “Earning this badge of honor is a reflection of the strength, credibility, and camaraderie of the InnovAge team,” says InnovAge President and CEO Patrick Blair.

InnovAge PACE Recertified as a Great Place to Work

InnovAge Celebrates Grand Opening of Orlando's First PACE Center in Partnership with Orlando Health

ORLANDO, Fla., May 29, 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), announced the grand opening of its new center in Orlando, Florida, located at 8410 South Orange Blossom Trail.

InnovAge Celebrates Grand Opening of Orlando's First PACE Center in Partnership with Orlando Health

InnovAge Welcomes John Koehn as Senior Vice President of External Affairs

DENVER, May 20, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), welcomes John Koehn as its Senior Vice President of External Affairs as of May 13, 2024. John brings a wealth of experience in healthcare management and a proven track record of success in areas critical to InnovAge's mission and growth, including P&L and risk management, long-term care, provider relations, and business development.

InnovAge Welcomes John Koehn as Senior Vice President of External Affairs

InnovAge Holding Corp. (INNV) Q3 2024 Earnings Call Transcript

InnovAge Holding Corp. (NASDAQ:INNV ) Q3 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Ryan Kubota - Director of Investor Relations Patrick Blair - President & Chief Executive Officer Benjamin Adams - Chief Financial Officer Conference Call Participants Jason Cassorla - Citi Operator Good day and thank you for standing by. Welcome to the InnovAge Third Quarter 2024 Earnings Conference Call.

InnovAge Holding Corp. (INNV) Q3 2024 Earnings Call Transcript

Stock Market Crash Warning: Don't Get Caught Holding These 3 Healthcare Stocks

The healthcare industry has experienced unprecedented growth in recent years due to the global pandemic. However, as COVID-19 began to ease, the immense growth of the healthcare industry is expected to slow down.

Stock Market Crash Warning: Don't Get Caught Holding These 3 Healthcare Stocks

InnovAge Launches PACE Center in Los Angeles, Helping Seniors Live Independently with High-Quality Care

LOS ANGELES, April 24, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), the healthcare industry leader in providing comprehensive healthcare programs to dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), celebrates the grand opening of its newest center in California. As part of this launch, InnovAge California PACE will host a lively celebration today, welcoming local officials, community organizations, care partners, and the public, to tour its PACE center based in the historic Los Angeles Crenshaw neighborhood.

InnovAge Launches PACE Center in Los Angeles, Helping Seniors Live Independently with High-Quality Care

InnovAge to Announce Fiscal Third Quarter 2024 Financial Results and Host Conference Call Tuesday, May 7, 2024

DENVER, April 23, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail, and predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced it will release its 2024 fiscal third quarter financial results on Tuesday, May 7, 2024, after market close. In conjunction, the Company will host a conference call to review the results at 5 p.m.

InnovAge to Announce Fiscal Third Quarter 2024 Financial Results and Host Conference Call Tuesday, May 7, 2024

See News Rankings