INNV · CIK 0001834376 · operating
InnovAge Holding Corp. operates a network of Program of All-Inclusive Care for the Elderly (PACE) centers across six states—Colorado, California, New Mexico, Pennsylvania, Florida, and Virginia. The company provides comprehensive medical and support services designed to enable seniors to remain in their homes and communities. Services encompass both in-center and in-home care, including primary care, physical and occupational therapy, speech therapy, dental services, mental health and psychiatric care, skilled and unskilled nursing, personal care assistance, meal provision, activities, and transportation to medical appointments.
The company's revenue is primarily generated through its PACE program model, which combines medical care, social services, and supportive services for eligible elderly participants. In-center services are delivered at dedicated PACE centers where participants receive integrated primary care and therapeutic services. Complementary in-home care services extend the company's reach to participants requiring care within their residences, supported by a care management infrastructure to coordinate treatment across settings.
InnovAge operates with approximately 2,440 full-time employees and maintains its headquarters in Denver, Colorado. The company was founded in 1989 and was previously known as TCO Group Holdings, Inc. before rebranding in January 2021.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $-0.22 | $-0.22 | -37.5% | |
| 2024 | $-0.16 | $-0.16 | +46.7% | |
| 2023 | $-0.30 | $-0.30 | -500.0% | |
| 2022 | $-0.05 | $-0.05 | +86.1% | |
| 2021 | $-0.36 | $-0.36 | — |