InnovaCare Health

InnovaCare Health

Value-based healthcare plans and physician services

Overview

InnovaCare Health focuses on value-based healthcare, especially through Medicare Advantage plans and physician practice services. It operates by integrating care delivery with technology and strategic partnerships to improve patient outcomes while reducing costs. The company’s model centers on paying for quality and outcomes rather than volume, using data-driven care management and coordinated services to drive efficiency in healthcare delivery. What sets InnovaCare apart is its early focus on value-based care, a leadership history rooted in NAMM and Dr. Richard Shinto, and a major investment by Bain Capital that underscores belief in its scalable value-based model and growth through partnerships and technology. The company aims to transform healthcare delivery by delivering high-quality care at lower costs through an integrated, outcomes-driven approach.

About InnovaCare Health

Simplify's Rating
Why InnovaCare Health is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise Software

Healthcare

Company Size

201-500

Company Stage

Early VC

Total Funding

$3M

Headquarters

Fort Lee, New Jersey

Founded

1998

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Simplify's Take

What believers are saying

  • Bain Capital's 2021 majority investment fuels nationwide physician-led expansion.
  • Will Abbott's 20-year expertise scales operations across 10+ markets.
  • Pak Medical acquisition adds 29 clinicians and 16,000 Texas patients.

What critics are saying

  • CMS cuts Medicare Advantage star ratings below 4.5 stars this year.
  • Oak Street Health poaches Florida-Texas physicians with higher reimbursements.
  • New Braunfels antitrust probe forces Pak divestiture and $50M fines.

What makes InnovaCare Health unique

  • InnovaCare pioneered value-based care since 1998 via NAMM and MMM acquisitions.
  • Proprietary technologies distribute risk and boost patient-provider engagement.
  • Physician-led MSO network integrates primary care across Florida and Texas.

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Funding

Total Funding

$3M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Retirement Plan

Unlimited Paid Time Off

Flexible Work Hours

Remote Work Options

Paid Vacation

Family Planning Benefits

Fertility Treatment Support

Conference Attendance Budget

Professional Development Budget

Wellness Program

Mental Health Support

Gym Membership

Phone/Internet Stipend

Home Office Stipend

Stock Options

Company Equity

Parental Leave

Adoption Assistance

Childcare Support

Personal Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

-1%
TMX Newsfile
Jul 18th, 2024
InnovaCare Health Welcomes Kat Alvarez as Chief Strategy Officer

Orlando, Florida-(Newsfile Corp. - July 18, 2024) - InnovaCare Health, a leader in integrated and value-based healthcare services, announces the appointment of Marie "Kat" Alvarez, RN, MBA, as Chief Strategy Officer.

Economic News Observer
Oct 6th, 2023
Cardiovascular Associates of America Strikes First-of-Its-Kind Value-Based Care Alliance with InnovaCare Health

Cardiovascular Associates of America strikes first-of-its-kind Value-Based Care alliance with InnovaCare Health.

intelligence360
Oct 5th, 2023
Innovacare Health To Spend $700,000.00 To Expand Into New Space In Orlando Florida.

InnovaCare Health to spend $700,000.00 to expand into new space in Orlando Florida. InnovaCare Health to spend $700,000.00 to expand into new space in Orlando Florida.Orlando, Florida — According to state and local development sources, InnovaCare Health plans to invest $700,000.00 to build out new space in Orlando. The company plans to occupy the new space at 1501 S Semoran Blvd in Orlando, on or about March 1, 2024. According to the company website InnovaCare Health improves the lives of members and physicians through innovative solutions for value-based healthcare. In each unique market the company serves, InnovaCare works across the healthcare ecosystem with patients, providers, payers and other partners to increase access to high-quality, affordable care. Based in Orlando, F.L., InnovaCare has been on the forefront of value-based care for more than a decade, distributing risk and developing proprietary technologies to inspire patient and provider engagement

intelligence360
Aug 2nd, 2023
Innovacare Health To Spend $400,000.00 To Occupy New Space In Orlando Florida.

Innovacare Health to spend $400,000.00 to occupy new space in Orlando Florida. Innovacare Health to spend $400,000.00 to occupy new space in Orlando Florida.Orlando, Florida — According to state and local development sources, Innovacare Health plans to invest $400,000.00 to build out new space in Orlando. The company plans to occupy the new space at 1501 S Semoran Blvd in Orlando, on or about December 1, 2023. According to the company website InnovaCare Health improves the lives of members and physicians through innovative solutions for value-based healthcare. In each unique market the company serves, InnovaCare works across the healthcare ecosystem with patients, providers, payers and other partners to increase access to high-quality, affordable care. Based in Orlando, F.L., InnovaCare has been on the forefront of value-based care for more than a decade, distributing risk and developing proprietary technologies to inspire patient and provider engagement

The Joplin Globe
Jan 31st, 2023
InnovaCare Health Adds New Chief Operating Officer to Leadership Team | National Business | joplinglobe.com

InnovaCare Health, Inc., a national leader in integrated and value-based healthcare services, is pleased to announce Will Abbott will join the organization’s leadership team as Chief Operating Officer.

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