InnovAge Provides Update on Clinical & Operational Transformations at National PACE Association Annual Conference
Rhea-AI Summary
InnovAge Holding Corp. (Nasdaq: INNV), the largest provider of Program of All-inclusive Care for the Elderly (PACE) by participant numbers, plans to showcase its clinical, operational, and business transformations at the 2024 National PACE Association (NPA) Conference. Under CEO Patrick Blair, InnovAge has implemented innovations to improve clinical operations and enhance employee experience across its 20 centers.
Key developments include:
- A new operating model strengthening collaboration between operations, physicians, and nurses
- Partnership with Epic to develop PACE-specific EHR workflows, analytics, and integrations
- Implementation of auditing and quality assurance programs
InnovAge executives will participate in several panel discussions at the NPA Conference, covering topics such as care communication, Medicare risk adjustment, CMS audits, and behavioral health integration.
Positive
- InnovAge is the largest PACE provider by number of participants
- Implementation of a new operating model to improve collaboration and clinical excellence
- Partnership with Epic for PACE-specific EHR solutions
- Establishment of auditing and quality assurance programs
- Strong presence at the 2024 NPA Conference with multiple executive speakers
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, INNV gained 6.08%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Investments in People, Processes and Tools Deliver Enhanced Experience for InnovAge Participants at Company’s 20 Centers
DENVER, Oct. 11, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), a leading Program of All-inclusive Care for the Elderly (PACE) provider, plans to highlight its ongoing clinical, operational, and business transformations at the 2024 National PACE Association (NPA) Conference.
As the nation's largest provider of PACE by number of participants, InnovAge provides coordinated and integrated care across a range of physical, medical, and social services. This ensures eligible seniors can age safely in their own homes while maintaining their independence and quality of life. Under President and CEO Patrick Blair, the company has innovated across the business to improve clinical operations and enhance the employee experience.
“Our unwavering commitment to our participants and their families is at the heart of everything we do at InnovAge, which means creating a team culture built on continuous improvement,” said Blair. “Our ongoing clinical and operational innovations are not just about enhancing our current services but also about scaling our capabilities to ensure more seniors have access to the comprehensive, personalized care they deserve.”
With a new operating model designed to strengthen collaboration between operations, physicians, and nurses, InnovAge has harmonized processes and culture across its 20 centers with a focus on clinical excellence and continuous improvement. InnovAge partnered with Epic, the leading EHR vendor to develop PACE specific workflows, analytics and integrations that support industry best practices and care innovation. Additionally, InnovAge established and implemented auditing and quality assurance programs to promote the company’s high standards throughout all business operations.
InnovAge plans on sharing more details about some of these ongoing transformations at this year’s NPA Conference, taking place October 13-16, 2024, in San Diego. The annual event brings together leaders and healthcare experts to discuss innovations and best practices in care for older adults. The conference features educational sessions, networking opportunities, and exhibitions showcasing the latest developments in comprehensive senior care models.
InnovAge Executives Featured at 2024 NPA Conference:
| Date & Time | Panel Title | InnovAge Speakers |
| October 14 4:45 PM | Actually, There Is Something We Can Do: Better Living and Dying Through Good Communication and Care | Courtney Despos, Vice President, In-Home Services; Randy Ferrance, MD, Regional Medical Officer - East |
| October 14 4:45 PM | Medicare Risk Adjustment Initiatives Top 6 | Ann Wells, MD, Chief Quality and Population Health Officer; Stephanie Wilson, MBA, CPC, CPMA, InnovAge Colorado PACE Executive Director Risk Adjustment |
| October 15 8:00 AM | CMS Audits: Tips for Success | Olivia Patton, Chief Compliance Officer |
| October 15 2:00 PM | Lessons Learned in Behavioral Integration Across PACE Organizations | Leslie Minna, PsyD, MBA, MS, Vice President, Behavioral Health; Ann Wells, MD, Chief Quality and Population Health Officer |
About InnovAge
InnovAge is a market leader in managing the care of high-cost, frail, and predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE). With a mission of enabling older adults to age independently in their own homes for as long as safely possible, InnovAge’s patient-centered care model is designed to improve the quality of care its participants receive while reducing over-utilization of high-cost care settings. InnovAge believes its PACE healthcare model is one in which all constituencies — participants, their families, providers, and government payors — “win.” As of June 30, 2024, InnovAge served approximately 7,020 participants across 20 centers in six states. https://www.innovage.com/
Media Contacts
Lara Hazenfield
InnovAge Public Relations Manager
lhazenfield@innovage.com
John Eddy
Goldin Solutions for InnovAge
InnovAge@goldinsolutions.com
FAQ
What transformations will InnovAge (INNV) highlight at the 2024 NPA Conference?
How many participants does InnovAge (INNV) serve as of June 30, 2024?
What is InnovAge's (INNV) partnership with Epic focused on?
Which InnovAge (INNV) executives will be speaking at the 2024 NPA Conference?
