InnovAge and Tampa General Hospital have formed a joint venture to enhance PACE services for seniors in the Tampa Bay area.

Target Information

InnovAge Holding Corp. has announced a joint venture with Tampa General Hospital (TGH) to enhance the Program of All-Inclusive Care for the Elderly (PACE) services at its Tampa center located at 4520 Seedling Circle, Tampa, Florida. InnovAge is recognized for its leadership in senior care and aims to expand community-based care options specifically for seniors in Hillsborough, Pasco, and Hernando counties. This collaboration reflects a mutual dedication to improve access to quality care for clinically frail and underserved elderly populations.

The InnovAge Florida PACE center stands out for its significant size, covering 35,000 square feet and capable of accommodating approximately 1,300 seniors. The facility costs make it a critical resource, offering comprehensive services including primary and specialty medical care, dental services, rehabilitation therapies, transportation, and meals, all coordinated to empower seniors to live independently and remain engaged in their communities.

Industry Overview in Florida

The senior care industry in Florida has been growing consistently due to the increasing aging population. Florida is known as a retirement haven, attracting millions of retirees looking for a