Advanced Search

Home Health & Hospice Week

Industry Notes:

Largest U.S. PACE Provider Goes Public, Raising $350 Million

Published on Fri Mar 12, 2021

The nation’s largest PACE provider has made its Initial Public Offering. Denver-based InnovAge sold 16.7 million shares at $21 each, above its expected price range of $17 to $19, raising $350 million, reports Barrons.com. At press time, the stock was trading at $24.95 per share. The successful IPO comes despite InnovAge reporting $40.2 million in losses for the six months [...]
You’ve reached your limit of free articles. Already a subscriber? Log in.
Not a subscriber? Subscribe today to continue reading this article. Plus, you’ll get:
  • Simple explanations of current healthcare regulations and payer programs
  • Real-world reporting scenarios solved by our expert coders
  • Industry news, such as MAC and RAC activities, the OIG Work Plan, and CERT reports
  • Instant access to every article ever published in your eNewsletter
  • 6 annual AAPC-approved CEUs*
  • The latest updates for CPT®, ICD-10-CM, HCPCS Level II, NCCI edits, modifiers, compliance, technology, practice management, and more
*CEUs available with select eNewsletters.

Other Articles in this issue of

Home Health & Hospice Week

View All