Led by Maureen Hewitt, President and CEO, InnovAge operates the Program of All-Inclusive Care for the Elderly (PACE), in-home care services, healthcare and day programs, care management services, memory loss programs and affordable senior housing.
The net proceeds of the sale of InnovAge assets, which totals $196m (with a potential $8m earn out in 2018), will be used to create and fund the newly formed The NextFifty Initiative, an independent, Colorado-based nonprofit organization dedicated to funding senior care related initiatives that improve community services for the elderly population and caregivers.
FinSMEs
16/05/2016