InnovAge touts scaled multi-state PACE platform serving high-acuity dual-eligible seniors

• InnovAge presented at the Wells Fargo 21st Annual Healthcare Conference, outlining its scaled, vertically integrated PACE payor-provider model for dual-eligible seniors.
• Network footprint of 20 care centers across six states, with about 8,230 participants and about 2,500 employees.
• Revenue rose to USD 1.09 billion in FY2026 from USD 688 million in FY2023, with adjusted EBITDA of USD 105 million.
• Adjusted EBITDA margin reached 9.3% in 4QFY2026; operating cash flow totaled USD 64.7 million over the trailing 12 months.
• Strategy targets faster organic growth, continued platform investment, selective joint ventures or M&A, and expanded use of AI to improve efficiency.

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