InnovAge (Nasdaq: INNV), one of many largest suppliers of the Program of All-Inclusive Look after the Aged (PACE) mannequin, is increasing its footprint even additional.

On Friday, InnovAge introduced it’s buying two PACE packages in California from ConcertoCare, which can be a supplier of residence well being and first care companies within the residence.

“The addition of ConcertoPACE suits strongly into our multi-faceted roadmap to speed up accountable progress whereas balancing our dedication to operational excellence in our current markets,” InnovAge President and CEO Patrick Blair stated in a press release. “We stay up for deepening our presence in California and seeing PACE proceed as a key a part of the state's daring Grasp Plan for Growing old, which goals to make sure Californians have actual options to assist them age to change into.”

Total, PACE helps dually eligible beneficiaries stay within the broader neighborhood via an interdisciplinary strategy.

InnovAge has roughly 1,800 staff and serves seniors in Colorado, New Mexico, California, Pennsylvania and Virginia.

At the moment, ConcertoCare operates one PACE program within the Crenshaw neighborhood of Los Angeles and has a second program in improvement in Bakersfield as a part of the ConcertoPACE service line. These places will now be owned and operated by InnovAge.

With the addition of the 2 PACE packages, InnovAge now operates 18 PACE facilities in 5 states, with 4 extra PACE facilities in improvement.

The 2 new packages are anticipated so as to add 750 individuals as soon as the packages are operational.

InnovAge has redoubled its efforts in recent times to scale and develop its PACE platform in a number of markets.

“From our perspective, scale is necessary,” InnovAge Chief Medical Officer Dr. Richard Feifer to HHCN in August. “It has allowed us to make some fairly necessary investments, like constructing new facilities in new states, so we are able to increase entry to PACE nationally.”