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Alignment Healthcare to Present at the Leerink Partners Global Healthcare Conference
Globenewswire· 2026-02-23 13:00
ORANGE, Calif., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today announced that it will present at the Leerink Partners Global Healthcare Conference in Miami, Florida, on Tuesday, March 10, at 3:40 p.m. EST. A webcast and replay of the presentation will be available on Alignment’s investor relations website at https://ir.alignmenthealth.com/. About Alignment HealthcareAlignment Health is championing a new path in senior care that empowers members to age well and live their ...
Extendicare Announces February 2026 Dividend of C$0.042 per Share
Globenewswire· 2026-02-17 13:00
Core Viewpoint - Extendicare Inc. has declared a cash dividend of C$0.042 per common share for February 2026, payable on March 16, 2026, to shareholders of record on February 27, 2026, and this dividend is classified as an "eligible dividend" under the Income Tax Act (Canada) [1]. Company Overview - Extendicare is a prominent provider of care and services for seniors in Canada, operating under various brands including Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Network [2]. - The company operates a network of 99 long-term care homes, with 59 owned and 40 under management contracts [2]. - Extendicare delivers approximately 13.5 million hours of home health care services annually and provides group purchasing services for about 152,100 beds across Canada [2]. - The company employs around 28,000 qualified and dedicated team members focused on delivering high-quality care and services [2].
Proven Senior Care Model Takes Center Stage at the Capitol
Globenewswire· 2026-02-05 13:45
Core Viewpoint - InnovAge Holding Corp. emphasizes the importance of protecting and enhancing care for Colorado's aging population through the PACE program, highlighting its proven benefits and the need for legislative support [1][3]. Group 1: InnovAge and PACE Program - InnovAge is a leading provider of the Program of All-Inclusive Care for the Elderly (PACE), focusing on enabling older adults to age independently in their homes [6]. - As of December 31, 2025, InnovAge served approximately 8,010 participants across 20 centers in six states, showcasing its extensive reach and impact [6]. - The PACE program has demonstrated lower hospitalization rates, reduced emergency room visits, and fewer nursing home admissions, while also alleviating caregiver burden [2][3]. Group 2: Legislative Advocacy - Seniors enrolled in InnovAge Colorado PACE shared their experiences with lawmakers, illustrating how the program supports their independence and quality of life [2][3]. - InnovAge leaders stressed the necessity of raising awareness about PACE among seniors and caregivers, as many remain unaware of its existence [3]. - State leaders discussed critical issues affecting older adults, including Medicaid funding, workforce challenges, and access to community-based care, indicating a collaborative effort to address these concerns [3][5]. Group 3: Community and Provider Support - LeadingAge Colorado partnered with InnovAge to advocate for policies that support senior care providers and the increasing number of older adults relying on community-based services [5]. - The advocacy event aimed to ensure that policymakers hear directly from those who serve older Coloradans, emphasizing the importance of real-world perspectives in shaping effective policies [5].
InnovAge Announces Financial Results for the Fiscal Second Quarter Ended December 31, 2025
Globenewswire· 2026-02-03 21:05
Core Insights - InnovAge Holding Corp. reported strong financial results for the fiscal second quarter ended December 31, 2025, highlighting a scalable PACE platform and a focus on clinical outcomes and participant experience [2][4]. Financial Performance - Total revenues reached $239.7 million, a 14.7% increase from $209.0 million in the same quarter of the previous fiscal year [4]. - Income before income taxes was $12.5 million, a significant increase of approximately 192.6% compared to a loss of $13.5 million in the prior year [4]. - The net income was $11.8 million, contrasting with a net loss of $13.5 million in the same quarter of the previous year, resulting in a net income margin of 4.9% [4][21]. - Adjusted EBITDA was $22.2 million, up from $5.9 million, with an adjusted EBITDA margin of 9.2% [4][24]. Operational Metrics - The center-level contribution margin was $52.8 million, a 42.5% increase from $37.1 million in the same quarter of the previous fiscal year, representing 22.0% of total revenue [4][30]. - The census of participants increased to approximately 8,010 from 7,480 in the same quarter of the previous fiscal year [4]. Balance Sheet Highlights - As of December 31, 2025, the company had $83.2 million in cash and cash equivalents and $42.8 million in short-term investments, with total debt of $69.9 million [5]. - Total assets were reported at $527.5 million, with total liabilities of $238.7 million [18][19]. Future Guidance - InnovAge raised its full-year fiscal 2026 financial guidance for total revenues to between $925 million and $950 million, while maintaining the census guidance at 7,900 to 8,100 participants [6].
InnovAge Expands Board with Appointment of Two Directors
Globenewswire· 2026-01-29 13:00
Core Viewpoint - InnovAge Holding Corp. has appointed Pavithra Mahesh and Sean Traynor to its Board of Directors, expanding the board from nine to eleven members, which is expected to enhance strategic perspectives and support the company's growth in the PACE model of care [1][2]. Group 1: Board Appointments - Pavithra Mahesh will serve as a Class III director and a member of the Quality and Compliance Committee [1] - Sean Traynor will serve as a Class I director and a member of the Compensation, Nominating and Governance Committee [1] - Both appointees have prior experience on the InnovAge Board, with Mahesh initially joining in 2020 and Traynor in 2015 [2][3] Group 2: Experience and Background - Pavithra Mahesh is currently a Principal at Apax Partners and has a background in healthcare services and information technology from Goldman Sachs [2] - Sean Traynor is a General Partner at Welsh, Carson, Anderson & Stowe and has extensive experience in the healthcare sector, serving on multiple boards [3] Group 3: Company Overview - InnovAge is a leader in managing care for frail, dual-eligible seniors through the PACE model, aiming to improve care quality while reducing high-cost care utilization [4] - As of September 30, 2025, InnovAge served approximately 7,890 participants across 20 centers in six states [4]
InnovAge to Announce Fiscal Second Quarter 2026 Financial Results and Host Conference Call Tuesday, February 3, 2026
Globenewswire· 2026-01-21 13:00
Core Viewpoint - InnovAge Holding Corp. is set to release its fiscal second quarter financial results for 2026 on February 3, 2026, after market close, followed by a conference call to discuss the results [1]. Group 1: Financial Results Announcement - The company will announce its 2026 fiscal second quarter financial results on February 3, 2026, after market close [1]. - A conference call to review the financial results will take place at 5 p.m. E.T. on the same day [1]. Group 2: Conference Call Details - A live audio webcast of the conference call will be available on the company's website [2]. - A replay of the call will be accessible shortly after the completion of the call for on-demand listening [2]. - Participants are encouraged to dial in fifteen minutes before the scheduled start time [2]. Group 3: Company Overview - InnovAge is a market leader in managing care for high-cost, frail, and predominantly dual-eligible seniors through the PACE program [3]. - The company's mission is to enable older adults to age independently in their homes for as long as safely possible [3]. - As of September 30, 2025, InnovAge served approximately 7,890 participants across 20 centers in six states [3].
金融赋能助推养老产业发展
Jin Rong Shi Bao· 2026-01-20 02:12
Core Insights - The high-quality development of pension finance has become a focal point due to the aging population trend, with Luoyang's population aged 60 and above reaching 1.471 million and an aging rate of 20.8% by the end of 2024 [1] Group 1: Policy Guidance - The People's Bank of China Luoyang Branch is actively formulating guiding opinions for the development of pension finance, enhancing communication with local government and financial institutions to improve policy awareness and coverage [2] - A project library of 30 key quality projects in the pension service sector has been established, facilitating targeted support from banks to eligible enterprises [2] Group 2: Financial Product Innovation - The first "pension loan" of 760,000 yuan was issued to a healthcare service company, showcasing the innovation in pension finance products and providing a model for the province [3] - Financial institutions are encouraged to develop a comprehensive financial product system tailored to the needs of pension enterprises, ensuring timely and effective funding [3] Group 3: Warm Financial Services - Financial institutions are creating a warm pension finance service system, including the establishment of demonstration outlets and various convenient services for the elderly [5] - Over 100 bank outlets have completed renovations to cater to the elderly, enhancing their service experience [6] Group 4: Overall Progress - Significant progress has been made in building the pension finance service system in Luoyang, with various banks conducting over 200 promotional activities benefiting more than 100,000 people [6]
金融“活水”助力 养老机构提质升级
Xin Lang Cai Jing· 2026-01-17 00:13
Core Insights - The article highlights the importance of the aging population and the role of the nursing home industry in enhancing the quality of life for the elderly [1][2] - It emphasizes the financial support provided by Jiaxing Rongdan, which has been crucial for the development of the nursing home services [2] Group 1: Company Overview - Jiujiu Yijia Health Care Service Co., Ltd. operates under a "public-private partnership" model since 2020, focusing on community-based elderly care services [1] - The company integrates medical care with daily support, catering to government-subsidized elderly care services, thus becoming a vital part of the local elderly care system [1] Group 2: Financial Support and Impact - Since 2022, Jiaxing Rongdan has provided a total of 18.95 million yuan in financing guarantees to Jiujiu Yijia, facilitating the acquisition of medical rehabilitation equipment and upgrades to smart elderly care systems [2] - Over the past five years, Jiaxing Rongdan has supported 19 elderly care enterprises with over 150 million yuan in loan guarantees, covering various service types such as community care and rehabilitation [2] - Jiaxing Rongdan aims to continue empowering local elderly care institutions through favorable policies and effective financial services, contributing to the development of the "Zhejiang Elderly Care" initiative [2]
Extendicare Announces January 2026 Dividend of C$0.042 per Share
Globenewswire· 2026-01-15 13:00
Core Viewpoint - Extendicare Inc. has declared a cash dividend of C$0.042 per common share for January 2026, payable on February 16, 2026, to shareholders of record on January 30, 2026, designated as an "eligible dividend" under the Income Tax Act (Canada) [1] Company Overview - Extendicare is a leading provider of care and services for seniors in Canada, operating under various brands including Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Network [2] - The company operates a network of 99 long-term care homes, with 59 owned and 40 under management contracts [2] - Extendicare delivers approximately 13.5 million hours of home health care services annually and provides group purchasing services for about 152,100 beds across Canada [2] - The company employs around 28,000 qualified and dedicated team members focused on delivering high-quality care and services [2]
优化养老服务发展环境,民政部等八部门出台多项措施
Xin Hua Cai Jing· 2026-01-13 03:15
Core Viewpoint - The Ministry of Civil Affairs and seven other departments have introduced measures to stimulate the vitality of various elderly care service providers, create a favorable investment environment, and promote the development of the silver economy to better meet the diverse needs of the elderly population [1]. Group 1: Brand and Service Optimization - The measures encourage the registration of trademarks for elderly care services, promoting brand strategies among service providers to enhance market recognition and protection [1]. - There is a focus on optimizing the supply of elderly care services and age-friendly products, including the development of community-based services and specialized care institutions [2]. Group 2: Technological Advancement - The measures advocate for technological innovation in elderly care, emphasizing the integration of big data, cloud computing, and AI for health monitoring and personalized services [3]. - Support is provided for the development of smart elderly care products, including rehabilitation robots and smart home technologies, to meet the daily care needs of the elderly [3]. Group 3: Fair Competition and Rights Protection - The measures aim to create a fair competitive environment by reforming the classification of elderly care institutions and ensuring no restrictive clauses in government procurement processes [4]. - There is a commitment to protecting the rights of service providers by reducing administrative inspections and addressing issues of arbitrary fees and penalties [4]. Group 4: Operational Stability and Support - The measures emphasize the importance of land supply for elderly care facilities, prioritizing land allocation based on local aging population needs [5]. - Policies are proposed to support the operational stability of elderly care institutions, including financial assistance for bed construction and operational subsidies [5].