regulatory
confidence high
sentiment positive
materiality 0.60
CMS lifts sanction on InnovAge's Sacramento center; state sanction remains
InnovAge Holding Corp.
- CMS released sanction effective immediately, allowing normal Medicare enrollment at Sacramento center.
- California DHCS continues validation audit; state sanction on Medicaid enrollment not lifted.
- CEO Patrick Blair called the CMS decision 'a step in the right direction' and acknowledged further work.