InnovAge's Major Updates in Elderly Care
InnovAge Holding Corp. (Nasdaq: INNV), a top-tier provider in the Program of All-inclusive Care for the Elderly (PACE), has been making significant strides in its clinical and operational transformations. This was highlighted at the recent National PACE Association Conference, where InnovAge shared insights into its innovative approaches in providing care for seniors.
Commitment to Participant-Centered Care
As the leading PACE provider in the nation by participant numbers, InnovAge is dedicated to coordinating comprehensive care across various physical and social services. This holistic approach ensures that older adults can maintain their independence while receiving the quality of care they require in a familiar environment. During the event, InnovAge’s President and CEO, Patrick Blair, emphasized the company's focus on continuous improvement and participant care.
Enhancing the Care Experience
“At InnovAge, our participants and their families are at the heart of our mission,” said Blair. The innovative initiatives launched by the company aim not only to upgrade current services but also to extend access to tailored care for a broader range of seniors. These initiatives are designed to elevate the care experience significantly.
Transformative Operational Strategies
InnovAge has introduced a new operational model that fosters teamwork among its staff members in its 20 centers. By facilitating better interaction between various roles such as operations, medical professionals, and nursing staff, InnovAge is enhancing both service quality and employee satisfaction.
Implementing Best Practices
In collaboration with Epic, a leading electronic health record (EHR) vendor, InnovAge has developed PACE-specific workflows. This partnership enables effective analytics and integration, ensuring that the company maintains best practices in care delivery. Moreover, the establishment of rigorous auditing and quality assurance initiatives promotes adherence to InnovAge's high standards across all operations.
Engagement at the National PACE Association Conference
During the upcoming National PACE Association Conference, InnovAge plans to elaborate on these exciting changes. Taking place from October 13-16, 2024, this event gathers healthcare leaders to discuss innovations and strategies in senior care. It offers an ideal platform for InnovAge to showcase its commitment to improving service delivery structures.
Highlighted Panels Featuring InnovAge Leaders
Several InnovAge executives will represent the company at the conference and discuss pivotal topics that reflect its dedication to enhancing care:
Panel Title: Better Living and Dying Through Good Communication and Care
Date & Time: October 14, 4:45 PM.
Speakers: Courtney Despos, Vice President of In-Home Services; Randy Ferrance, MD, Regional Medical Officer - East.
Panel Title: Medicare Risk Adjustment Initiatives Top 6
Date & Time: October 14, 4:45 PM.
Speakers: Ann Wells, MD, Chief Quality and Population Health Officer; Stephanie Wilson, MBA, CPC, CPMA, InnovAge Colorado PACE Executive Director Risk Adjustment.
Panel Title: CMS Audits: Tips for Success
Date & Time: October 15, 8:00 AM.
Speaker: Olivia Patton, Chief Compliance Officer.
Panel Title: Lessons Learned in Behavioral Integration Across PACE Organizations
Date & Time: October 15, 2:00 PM.
Speakers: Leslie Minna, PsyD, MBA, MS, Vice President, Behavioral Health; Ann Wells, MD, Chief Quality and Population Health Officer.
About InnovAge
InnovAge is a trailblazer in delivering care to high-cost, frail, and predominantly dual-eligible seniors through its PACE program. Its philosophy centers around enabling older adults to live independently in their homes safely. Reinventing patient-centered care, InnovAge is committed to optimizing care quality and minimizing unnecessary healthcare utilization.
Currently, InnovAge serves approximately 7,020 participants across its 20 centers in multiple states, signifying its dedication to the PACE model's effectiveness in benefiting all stakeholders involved.
Frequently Asked Questions
What is InnovAge known for?
InnovAge is recognized as a leader in providing comprehensive PACE services for seniors, focusing on patient-centered care.
When is the National PACE Association Conference?
The conference is scheduled for October 13-16, 2024, where InnovAge will showcase its initiatives.
What innovations is InnovAge introducing?
InnovAge is enhancing care through new operational models and partnerships with leading vendors to improve care delivery.
Who are the speakers featuring InnovAge at the conference?
Key executives, including Courtney Despos and Ann Wells, will participate in various panels discussing critical topics in elderly care.
How many participants does InnovAge currently serve?
As of now, InnovAge serves around 7,020 participants across 20 centers in various locations.
