Innovage Holding Corp. Stock Price, News & Analysis

InnovAge (NASDAQ:INNV), a leader in Program of All-inclusive Care for the Elderly (PACE), reported its fiscal Q4 and full year 2025 results. Total revenue reached $853.7 million, up 11.8% year-over-year, while net loss widened to $35.3 million ($0.22 per share) from $23.2 million in 2024.

The company demonstrated operational growth with census increasing to 7,740 participants from 7,020 in 2024. Adjusted EBITDA improved to $34.5 million with a margin of 4.0%, up from $16.5 million and 2.2% in 2024. For fiscal 2026, InnovAge projects revenue between $900-950 million and expects census to reach 7,900-8,100 participants.

InnovAge (Nasdaq: INNV), a leader in the Program of All-inclusive Care for the Elderly (PACE), will release its fiscal Q4 and full year 2025 financial results on Tuesday, September 9, 2025, after market close.

The company will host a conference call at 5 p.m. E.T. to discuss the results. A live audio webcast will be available on InnovAge's investor website, with a replay option available after the call. As of March 31, 2025, InnovAge served approximately 7,530 participants across 20 centers in six states.

InnovAge (NASDAQ: INNV), a leader in the Program of All-inclusive Care for the Elderly (PACE), has announced a strategic joint venture with Tampa General Hospital (TGH) for its Tampa, Florida center. The 35,000-square-foot facility, capable of serving approximately 1,300 seniors, will provide comprehensive care services across Hillsborough, Pasco, and Hernando counties.

The partnership combines InnovAge's PACE expertise with TGH's clinical excellence, ranked as the #1 hospital in Tampa Bay for 10 consecutive years and among the top 10% of U.S. hospitals in Geriatrics. The center offers integrated medical, dental, therapy, and social services, along with transportation and in-home support, primarily serving dual Medicare and Medicaid beneficiaries.

InnovAge (NASDAQ:INNV), the largest Program of All-inclusive Care for the Elderly (PACE) provider in the US, has announced its sponsorship of a new PBS documentary titled "Caregiving". The documentary, which premieres on June 24, 2025, at 9pm ET, features Grammy-winning actor Bradley Cooper as executive producer and stars, with Emmy-winning actor Uzo Aduba as narrator.

The documentary explores the national caregiving crisis through family stories dealing with funding cuts, policy changes, and workforce challenges. InnovAge CEO Patrick Blair emphasizes the company's mission in supporting seniors and caregivers through their PACE model, which enables elderly participants to maintain dignity and autonomy while staying at home.

InnovAge (INNV) has achieved recertification as a Great Place to Work®, highlighting its commitment to creating a supportive workplace environment. The certification is based on employee feedback, with 85% of employees expressing pride in their organization's mission and community impact. The assessment process evaluated over 60 elements of employee experience across InnovAge's locations.

As of March 31, 2025, InnovAge serves approximately 7,530 participants across 20 centers in six states through its Program of All-Inclusive Care for the Elderly (PACE) services. The company focuses on managing care for high-cost, frail, and predominantly dual-eligible seniors, with a mission to enable older adults to age independently in their own homes.

InnovAge (NASDAQ: INNV) reported its fiscal Q3 2025 financial results, showing mixed performance. Revenue increased 13.0% to $218.1 million compared to $193.1 million in Q3 2024. However, the company's net loss widened to $11.1 million ($0.08 per share) from $6.2 million ($0.04 per share) year-over-year. Positive indicators included improved Adjusted EBITDA of $10.8 million, up from $3.0 million, and Center-level Contribution Margin growth of 19.9% to $40.7 million. The company's census grew to approximately 7,530 participants from 6,820 in the previous year. InnovAge maintained its fiscal year 2025 guidance with expected revenue between $815-865 million and Adjusted EBITDA of $24-31 million. The company also announced the departure of Chief Medical Officer Dr. Richard Feifer.

InnovAge (Nasdaq: INNV), a market leader in the Program of All-inclusive Care for the Elderly (PACE), has scheduled its fiscal third quarter 2025 financial results release for Tuesday, May 6, 2025, after market close. The company will host a conference call at 5 p.m. E.T. to discuss the results.

As of December 31, 2024, InnovAge operates 20 centers across six states, serving approximately 7,480 participants. The company specializes in managing care for high-cost, frail, and predominantly dual-eligible seniors through its patient-centered care model, which aims to improve care quality while reducing over-utilization of high-cost care settings.

InnovAge (Nasdaq: INNV), the largest provider of the Program of All-inclusive Care for the Elderly (PACE), is actively engaging with lawmakers to promote and protect senior care services. PACE, available in 33 states and DC, offers comprehensive healthcare services including in-home care, transportation, primary and specialty care, meals, therapy, dental, vision, and social activities for seniors who might otherwise require nursing home care.

The program has demonstrated significant benefits, with research showing 44% fewer preventable hospitalizations compared to nursing home residents. Additionally, PACE generates approximately $6,000 annual savings per person in Medicaid spending compared to nursing homes. The Federal Department of Health and Human Services recognized PACE as a 'high performer' in its 2021 report, highlighting its effectiveness in providing comprehensive senior care while maintaining cost efficiency.

InnovAge (Nasdaq: INNV), a leading provider of comprehensive healthcare programs through the Program of All-inclusive Care for the Elderly (PACE), has announced its participation in the upcoming KeyBanc Capital Markets Healthcare Forum. The company's CEO Patrick Blair and CFO Ben Adams will be presenting at the virtual event on March 18, 2025, at 3:45 p.m. PT. Investors and interested parties can access the live webcast through the investor relations section of InnovAge's website.