InnovAge releases transcript of fiscal 2026 fourth-quarter and year-end earnings call

• InnovAge released remarks from its fiscal 2026 fourth-quarter and year-end earnings call, attended by CEO Patrick Blair, CFO Ben Adams, IR director Ryan Kubota.
• Adjusted EBITDA rose to USD 94.6 million from USD 34.5 million; net loss narrowed to USD 830,400 from USD 35.3 million.
• Year-end census reached about 8,230 across 20 centers; revenue climbed 15.9% to USD 989.7 million.
• Fiscal 2027 guidance: ending census 8,625-8,850; revenue USD 1.05-1.085 billion; adjusted EBITDA USD 105-115 million.
• Management flagged a 1.5%-2% expected Medicare net rate increase, with California and Colorado rate-setting still pending for most of census.

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