InnovAge Holding Corp. Common Stock (INNV)
InnovAge Holding Corp. (INNV) is a provider of integrated healthcare and social services primarily for the elderly population. It operates a range of programs focused on supporting independent aging, including home-based care, care coordination, and health management services. The company aims to improve quality of life for seniors through specialized programs and innovative healthcare solutions.
Company News
InnovAge reported Q4 FY2025 financial results with 11% revenue growth, increased participant enrollment, and improved operational margins, despite one-time charges leading to a net loss.
A proposed $27 million class action settlement has been announced for InnovAge Holding Corp shareholders who purchased stock between May 11, 2021, and December 22, 2021, related to potential securities litigation.
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InnovAge has failed to provide necessary care for frail seniors, state and federal regulators say.