Home Health Care News May 12, 2022
More eyes than ever are on the Program of All-Inclusive Care for the Elderly (PACE) model due to its proven senior care track record throughout the COVID-19 emergency. Amid this growing momentum, InnovAge (Nasdaq: INNV), one of the sector’s giants, is trying to rebuild after the regulatory challenges the company faced earlier this year.
In January, Maureen Hewitt stepped down as the company’s CEO, and InnovAge’s board of directors appointed Patrick Blair to the role.
The appointment followed reports that Colorado’s Department of Health Care Policy and Financing and the U.S. Centers for Medicare & Medicaid Services (CMS) stopped reimbursing InnovAge for new clients. An audit found that clients were not receiving all of the PACE required care services, according...
Today's Sponsors
Today's Sponsor