Item 8.01 Other Events.
On December 23, 2021, InnovAge Holding Corp. (the "Company") issued a press
release announcing that the Centers for Medicare & Medicaid Services had
suspended InnovAge Colorado PACE's enrollment of new Medicare beneficiaries,
effective December 23, 2021. Additionally, the Company announced that the
Colorado Department of Health Care Policy & Financing has verbally communicated
that they are following suit and will provide written communication on December
23, 2021, identifying the deficiencies specific to Medicaid. A copy of the press
release is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
In light of this information, the Company is withdrawing its financial guidance
for the fiscal year ending June 30, 2022.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
The following exhibits are filed as part of this report:
Exhibit# Description
99.1 Press Release of InnovAge Holding Corp., dated December 23, 2021
104 Cover Page Interactive Data file (formatted as Inline XBRL)
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