How private investment is becoming a driving force behind PACE

How private investment is becoming a driving force behind PACE 
Modern Helathcare; by Diane Eastabrook; 12/23/24 
2025 could be the year a 50-year-old program that keeps older adults out of nursing facilities goes mainstream as for-profit companies innovate and launch more programs. Habitat Health, Seen Health, One Senior Care and InnovAge are planning to expand Programs of All-Inclusive Care for the Elderly from California to Ohio. These investor-backed organizations are scaling and innovating PACE at a time when more states are offering the Medicare-Medicaid program for frail older adults, and as legislation before Congress could make its services more widely available. Still, these for-profit programs face administrative hurdles and high start-up costs that have hamstrung PACE for decades.