InnovAge Announces Acquisition of ConcertoCare’s PACE Programs

December 15, 2023

https://www.globenewswire.com/news-release/2023/12/01/2789353/0/en/InnovAge-Announces-Acquisition-of-ConcertoCare-s-PACE-Programs.html

DENVER, Dec. 01, 2023 (GLOBE NEWSWIRE) — InnovAge Holding Corp. (“InnovAge”) (Nasdaq:INNV), an industry leader in providing comprehensive healthcare programs to frail, predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), completed its acquisition of two PACE programs in California from ConcertoCare today. ConcertoCare, a tech-enabled, value-based provider of at-home, comprehensive care for seniors and other adults with unmet health and social needs, operated one PACE program in the Crenshaw neighborhood of Los Angeles and had a second program under development in Bakersfield as part of its ConcertoPACE service line.

Read more at globenewswire.com

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