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InnovAge celebrates the opening of the first PACE in Orlando

ORLANDO, Fla., May 29, 2024 (GLOBE NEWSWIRE) — InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), announced the opening of its new center in Orlando, Florida, located at 8410 South Orange Blossom Trail.

The new InnovAge center is a joint venture with Orlando Health, a health system known for its exemplary care programs, services and comprehensive community outreach and support. Orlando Health has partnered with InnovAge to amplify the impact and expand the reach of PACE services for eligible seniors so they can live independently and safely for as long as possible. InnovAge's high-quality health care is provided at no cost to seniors with Medicare and Medicaid insurance.

The state-of-the-art, 30,000-square-foot Orlando Senior Health Center has the capacity to serve approximately 1,300 seniors and offers integrated PACE health and support services through a personalized approach that includes transportation, home care, medication management, dental care, specialty care, physical, occupational and speech therapy, exercise, social services, meals and nutrition, socialization, recreational activities and more.

“We are excited to provide Orlando's seniors with exceptional, comprehensive healthcare and care in a highly coordinated manner, including transportation, nutrition, socialization and more,” said Patrick Blair, President and CEO of InnovAge. “These comprehensive services are a great relief for seniors and their loved ones, as well as our healthcare partners and their staff. We believe partnering with Orlando Health will support our efforts and add value to participants and the community.”

Andy Gardiner, senior vice president of external and community relations at Orlando Health, emphasized the need for InnovAge's highly focused, personalized approach to elder care. “Our mission at Orlando Health is to improve the health and quality of life of the people and communities we serve. Orlando Health's success is not only the result of our outstanding teams, but also our community partnerships. We are excited to bring InnovAge, which has successfully implemented PACE programs for over 30 years, into our mission.”

Today's opening ceremony was attended by local leaders, healthcare providers, community partners and families from the area. They toured the new center, sampled nutritious food and interacted with staff who shared tips on senior healthcare and education on community resources.

Media contact
Lara Hazenfield
InnovAge Public Relations and Content Manager
lhazenfield@innovage.com
720-884-7568

About InnovAge
InnovAge is a market leader in the provision of care to high-cost, frail and predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE). With a mission to enable older adults to safely age independently in their own homes for as long as possible, InnovAge's patient-centered care model is designed to improve the quality of care its participants receive while reducing overuse of high-cost care facilities. InnovAge believes its PACE healthcare model is a “win” model for everyone involved – participants, their families, providers and government payers. As of March 31, 2024, InnovAge served approximately 6,820 participants at 19 centers in six states. With the opening of its Orlando center, InnovAge currently operates 20 centers. www.InnovAge.com.

About Orlando Health

Based in Orlando, Florida, Orlando Health is a not-for-profit health organization with $9.6 billion in assets under management serving the southeastern United States and Puerto Rico. Founded over 100 years ago, the health system is known worldwide for having the only Level I pediatric and adult trauma program in Central Florida and the only nationally designated Level II adult trauma center in Pinellas County. It is home to one of the largest neonatal intensive care units in the country, one of the few systems in the Southeast to offer open fetal surgery to treat the most severe forms of spina bifida, a training facility for Olympic athletes, and one of the region's largest and highest-performing clinically integrated networks. Orlando Health has conducted groundbreaking medical research, and its graduate medical education program is home to over 350 residents and fellows.

In FY23, Orlando Health served 197,000 inpatients and 6.6 million outpatients. The health system made a total contribution of nearly $1.3 billion to the communities it serves in the form of community programs and services, Medicare deficits, bad debts, community building activities and capital investments in FY22, the most recent period for which this information is available. For more information, visit or follow us on LinkedIn, Facebook, Instagram and Twitter @orlandohealth.

Anna Harden

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