secwatch.observer — SEC 8-K summary
======================================

Issuer:     InnovAge Holding Corp. (INNV)
CIK:        0001834376
Form:       8-K
Filed at:   2023-01-24T23:59:59+00:00
Accession:  0001104659-23-005940
Event type: regulatory
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InnovAge announces release of enrollment sanctions for all 6 Colorado PACE centers by CMS and Colorado HCPF
--------------------------------------------------------------------------------

- CMS and Colorado HCPF lifted enrollment sanctions effective Jan 23, 2023, for InnovAge's six Colorado PACE centers.
- Sanctions release allows InnovAge to resume normal enrollment of eligible seniors in Aurora, Denver, Lakewood, Northern Colorado, Pueblo, and Thornton.
- Post-sanction corrective action and monitoring will be required by regulators to address issues from validation audits.
- This follows CMS's November release of sanctions for InnovAge's Sacramento, California PACE center; company still awaits action from California DHCS.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834376/000110465923005940/0001104659-23-005940-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834376/000110465923005940/tm234207d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-005940

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer