DENVER (March 4, 2021)—InnovAge Holding Corp. announced the pricing of its initial public offering of 16,666,667 shares of its common stock at a price to the public of $21.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market (Nasdaq) under the ticker symbol “INNV” on March 4, 2021, and the offering is expected to close on March 8, 2021, subject to customary closing conditions.
aging in place
Managing appointments and medications can be a daunting chore for caregivers of someone with a chronic illness. Research cited by the American Psychological Association found that among people age 55 to 75, those who are caregivers show a 23% higher level of stress hormones, which can lead to high blood pressure, and a 15% lower level of immune response, making them more vulnerable to the flu and other infections.
PHILADELPHIA (January 11, 2021)—Medical Guardian announced that the company has received a growth investment from Water Street Healthcare Partners, a strategic investor focused exclusively on health care.
BOSTON (December 17, 2020)—Assured Allies announced the launch of Age Assured, a free program offered through long-term care insurance companies, designed for people who want help continuing to live independently as they age.
MassPACE, the Massachusetts chapter of Programs of All-inclusive Care for the Elderly, has taken an innovative approach to serving its clients, mostly patients who are dual eligible for Medicare and Medicaid, during the pandemic. While traditionally center-based, MassPACE shifted to an at-home model, sending caregivers out with tablets for telehealth and also setting up social activities, counseling and more.
Procter & Gamble is looking to get into the senior care innovation game. In 2015, the company created P&G Ventures to partner with startups, entrepreneurs and investors to build new brands within the consumer space in categories where the company doesn’t currently play. One area of focus for P&G Ventures is active aging for seniors.
REDWOOD CITY, California (Sept. 10, 2020)--NimbleRx, a platform providing independent pharmacies the ability to offer convenient, online delivery, has announced a partnership with Uber Health to offer safe, contactless prescription delivery from pharmacies in Seattle, Wash. and Dallas, Texas, and soon from other parts of the country as well. The service, which is fully integrated with Uber’s platform, is currently live throughout the Seattle and Dallas metro areas.
CHICAGO (July 21, 2020)—Evolution Health, a home health, hospice and infusion therapy provider, has selected Dina’s new Staff Screening and Check-In solution to automate its employee wellness and health screening process.
Digital health care company Dina is an artificial intelligence-powered care coordination platform that recently expanded its product line to include employee engagement, health screening and remote patient monitoring solutions.
GILBERT, Ariz. (July 2, 2020)—SYNERGY HomeCare, a national in-home care organization, has launched an educational campaign about a technique called “benevolent probing” that can assist adult children in determining if their parents could benefit from homecare assistance in order to retain their independence.
BIRMINGHAM, Ala. (May 7, 2020)— Over 50% of LeadingAge members responding to a recent online poll indicated that they expect their current supply of personal protective equipment (PPE) to last two weeks or less.
