Critical Review: InnovAge (NASDAQ:INNV) & Accelera Innovations (OTCMKTS:ACNV)

InnovAge (NASDAQ:INNV) and Accelera Innovations (OTCMKTS:ACNV) are both medical companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, institutional ownership, valuation, analyst recommendations and risk.

Insider & Institutional Ownership

12.3% of InnovAge shares are owned by institutional investors. 0.4% of InnovAge shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of recent ratings and recommmendations for InnovAge and Accelera Innovations, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
InnovAge	0	2	0	0	2.00
Accelera Innovations	0	0	0	0	N/A

InnovAge currently has a consensus target price of $6.50, suggesting a potential upside of 66.24%.

Valuation and Earnings

This table compares InnovAge and Accelera Innovations’ top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
InnovAge	$688.09 million	0.77	-$40.67 million	($0.25)	-15.64
Accelera Innovations	N/A	N/A	N/A	N/A	N/A

Accelera Innovations has lower revenue, but higher earnings than InnovAge.

Profitability

This table compares InnovAge and Accelera Innovations’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
InnovAge	-4.38%	-10.53%	-5.69%
Accelera Innovations	N/A	N/A	N/A

About InnovAge

InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in their homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management. The company serves participants in the United States; and operates PACE centers in Colorado, California, New Mexico, Pennsylvania, and Virginia. The company was formerly known as TCO Group Holdings, Inc. and changed its name to InnovAge Holding Corp. in January 2021. InnovAge Holding Corp. was founded in 2007 and is headquartered in Denver, Colorado.

About Accelera Innovations

Accelera Innovations, Inc., a healthcare service company, focuses on the development of Internet-based software in the United States. The company's Accelera Technology, an Internet-based software platform enhances the functionality and performance of healthcare services through making clinical healthcare data available to healthcare consumers. It also provides billing, practice management, and administrative services to doctors and other clinicians, as well as home health services to patients in Chicago. The company was formerly known as Accelerated Acquisitions IV, Inc. and changed its name to Accelera Innovations, Inc. in October 2011. Accelera Innovations, Inc. was founded in 2008 and is based in Colorado Springs, Colorado.