PACE of the Triad
PACE of the Triad is a non-profit, community-based healthcare organization operating the PACE model for adults 55+ in five North Carolina counties. It delivers integrated medical, social, transportation, and home care services under capitated Medicare/Medicaid reimbursement through centers in Greensboro and Winston-Salem.
- Company typePrivate
- Founded1970
- HeadquartersGreensboro, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What PACE of the Triad does
PACE of the Triad is a non-profit, community-based healthcare organization operating the Program of All-inclusive Care for the Elderly (PACE) model for adults aged 55 and older across five North Carolina counties: Forsyth, Guilford, Rockingham, Stokes, and Surry. The organization serves as both healthcare provider and insurer, integrating primary and specialty medical care, dental, vision, hearing, pharmacy, rehabilitation, home care, social day programs, and door-to-door transportation into a single coordinated package delivered through an Inter-Disciplinary Team. Two PACE centers operate in Greensboro (1471 E. Cone Blvd) and Winston-Salem (1741 Motor Rd.), with the Winston-Salem location representing a 2024 expansion. Participants attend the center on a schedule ranging from weekly to daily based on individual need.
The business model is built on capitated payments from Medicare and Medicaid, with participants who are dual-eligible typically paying $0 and private-pay participants paying an income-based monthly premium. Long-term care insurance may also cover PACE services, and there are no additional co-pays or deductibles at any cost level. The organization operates under CMS oversight (H6059 designation) and is governed by a Board of Directors drawn from member organizations including Cone Health, Authoracare Collective, Lutheran Services of the Carolinas, and Well-Spring Retirement Community. PACE has been recognized as the 'Gold Standard of Senior Healthcare' by the American Society for Aging and was selected by the National PACE Association to share best practices nationally.
The technology stack is limited to TruChart, an electronic health records system used for participant medical records, practice management, and clinical documentation across both production and practice environments. Core delivery relies on interdisciplinary care coordination rather than technology differentiation, with measurable outcomes including 24% lower hospitalization rates and 16% lower readmission rates compared to Medicaid/Medicare nursing home enrollees, a 22% reduction in clinical depression among new enrollees over nine months, and 95-98% satisfaction across multiple care dimensions.
PACE of the Triad firmographics
Firmographics- Name
- PACE of the Triad
- Legal name
- PACE of the Triad
- Website
- https://pacetriad.org
- Company type
- Private
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- PACE of the Triad is a non-profit, community-based healthcare organization operating the PACE model for adults 55+ in five North Carolina counties. It delivers integrated medical, social, transportation, and home care services under capitated Medicare/Medicaid reimbursement through centers in Greensboro and Winston-Salem.
- Ownership category
- akta.pro rank
PACE of the Triad industry classification
Industry- Product category
- Senior Healthcare Services
- NAICS
- Services for the Elderly and Persons with Disabilities (624120), Home Health Care Services (62161), Nursing and Residential Care Facilities (623)
- SIC
- Services-Home Health Care Services (8082), Services-Nursing & Personal Care Facilities (8050)
- akta.pro primary industry
- Medicaid Waiver / PACE-Partnered Adult Day Programs (HLADAIAM)
- akta.pro secondary industries
- Benefits, Insurance & Entitlement Navigation (Medicare/Medicaid/VA/LTC) (HSABAIAG), Wheelchair-Accessible & Mobility Vehicle Transport (HSABAOAC), 24/7 Rotating Shift In-Home Care (Multiple Caregivers) (HSABAHAA)
Keywords
Where PACE of the Triad is headquartered
LocationHeadquarters
- HQ city
- Greensboro
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
PACE of the Triad business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Medicare and Medicaid Reimbursement: PACE of the Triad operates as both healthcare provider and insurer. For participants with both Medicare and Medicaid, there may be no cost. PACE receives capitated payments from Medicare and Medicaid to provide all-inclusive care.
- Monthly Premiums: Participants without Medicare or Medicaid pay a monthly premium based on their healthcare and financial needs. Long-term care insurance may also cover PACE care.
- Provider Network Reimbursement: PACE reimburses providers according to Medicare or Medicaid fee schedules for services rendered to participants. Claims submitted within 90 days are processed within 30 days.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Income-based pricing for Medicaid/Medicare participants |
| Subscription | Monthly | Private pay participants |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
PACE of the Triad product offering
Product offeringCore offering
PACE of the Triad operates a Program of All-inclusive Care for the Elderly (PACE), delivering coordinated medical, social, home care, and transportation services to enrolled adults aged 55 and older who need support to continue living at home. The organization functions as both a healthcare provider and an insurer, receiving capitated Medicare and Medicaid payments to cover all-inclusive care through an Inter-Disciplinary Team model.
Product overview
PACE of the Triad is a Program of All-inclusive Care for the Elderly (PACE) that operates as both a healthcare provider and insurance plan for older adults aged 55+ in North Carolina. The program provides a unified portfolio of services including: Complete Medical Services (primary care, specialists, dental, vision, hearing, therapy, medications, equipment, and hospitalizations), the Social Center (adult day program with activities and medical clinic), Transportation Services (door-to-door rides to the center and medical appointments), Home Care Services (home care aides and nurse visits), and Caregiver & Family Support (education, respite care, and family involvement in care planning). All services are coordinated by an inter-disciplinary team and delivered as an integrated package, with participants able to attend the PACE center anywhere from once weekly to daily, based on individual needs.
Differentiator
Problem solved
Functional benefit
Products and services
- PACE Healthcare Program A comprehensive Program of All-inclusive Care for the Elderly providing coordinated healthcare, insurance, social services, and transportation in a single integrated program for older adults aged 55+ who need medical care and support to continue living at home.
- Complete Medical Services
Quantifiable outcome
- 24% lower hospitalization rate than Medicaid/Medicare nursing home enrollees
- +7 more outcomes
Companies that use PACE of the Triad
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles2 records
PACE of the Triad technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
PACE of the Triad partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Authoracare CollectivecoreMember organization of PACE of the Triad. Authoracare Collective is part of the collaborative structure supporting PACE services in the Triad region.
- Cone HealthcoreMember organization and healthcare system partner. Cone Health is a regional health system contributing to the PACE collaborative structure.
- Lutheran Services of the CarolinascoreHandles provider claims processing and submission. PO Box 669, Salisbury, NC 28145. Email: [email protected]. Phone: (704) 603-9251. Manages billing and reimbursement operations for PACE.
- Well-Spring Retirement CommunitycoreMember organization and retirement community partner. Well-Spring is part of the collaborative structure supporting PACE services.
- Centers for Medicare & Medicaid Services (CMS)coreFederal regulatory body that oversees PACE programs. PACE of the Triad operates under CMS guidelines and receives capitated Medicare and Medicaid payments through this partnership.
- NC PACE AssociationminorState-level association representing PACE programs in North Carolina.
- National PACE Association (NPA)minorNational organization supporting PACE programs. Provides PACEFinder tool for locating PACE programs and shares best practices among member organizations.
Scale indicators9 records
Recent moves6 records
Expansion highlights3 records
PACE of the Triad competitors and assessment
Company assessmentBroad incumbents
- Landmark Health: In-home medical care provider for complex, frail seniors via value-based contracts with Medicare Advantage plans. Overlaps with PACE's home-care and complex-senior focus but operates without the adult day center model.
- ChenMed: Senior-focused, capitated primary care group with dedicated centers for low-income elderly patients. Comparable dual-eligible focus and integrated care coordination but operates outside the PACE regulatory framework.
- CenterWell Senior Primary Care: Humana-owned senior-focused primary care platform. Offers value-based primary care for seniors with integrated services, overlapping with PACE's dual-eligible population but without the capitated PACE payer model.
Direct peers
- InnovAge Holding Corp. Largest publicly traded PACE operator in the U.S., running PACE centers across multiple states. Directly comparable to PACE of the Triad in core model (capitated senior care, interdisciplinary teams, integrated transportation) but operates at significantly larger scale with growth capital.
- Carolina Senior Care (Lexington, NC): Wake Forest Baptist Health-affiliated PACE program in Lexington, NC. Direct peer operating the same PACE model in nearby NC territory, providing cross-competition risk.
- PACE of the Southern Piedmont: Another NC-based PACE program in the Charlotte region. Direct competitor in North Carolina's PACE market with identical service model and CMS regulatory framework.
- Senior TLC (Shelby, NC): North Carolina PACE program serving Charlotte-area seniors. Same regulatory model, dual-eligible focus, and capitated Medicare/Medicaid reimbursement as PACE of the Triad, operating in adjacent NC geography.
- Elderhaus PACE (Wilmington, NC): Non-profit PACE provider in coastal North Carolina. Direct NC peer with same capitated, interdisciplinary care model serving the dual-eligible 55+ population.
Emerging players
- ConcertoCare: Tech-enabled in-home and community-based primary care provider for seniors with complex needs. Operates PACE-adjacent care models (PACE@Home) with similar dual-eligible, interdisciplinary-team orientation.
Regional players
- Cherry Blossom PACE (Lynchburg, VA): PACE program operating across the Virginia border from NC Triad region. Same PACE model and population, but operating in Virginia regulatory and Medicaid environment — a direct regional analog for cross-border expansion.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks1 record
Key highlights6 records
Customer concentration
PACE of the Triad social profiles
Digital presencePACE of the Triad financial estimates
Financial estimateRevenue estimate
Valuation estimate
PACE of the Triad leadership team
Management profileNumber of profiles
Profiles17 records
PACE of the Triad funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PACE of the Triad M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PACE of the Triad
What does PACE of the Triad do?
PACE of the Triad operates a Program of All-inclusive Care for the Elderly (PACE), delivering coordinated medical, social, home care, and transportation services to enrolled adults aged 55 and older who need support to continue living at home. The organization functions as both a healthcare provider and an insurer, receiving capitated Medicare and Medicaid payments to cover all-inclusive care through an Inter-Disciplinary Team model.
Is PACE of the Triad a public or private company?
PACE of the Triad is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was PACE of the Triad founded?
PACE of the Triad was founded in 1970. It employs 1 to 10 people.
Where is PACE of the Triad based?
PACE of the Triad is headquartered in Greensboro, United States, in the North America region.
How does PACE of the Triad make money?
Three revenue lines are on record. Medicare and Medicaid Reimbursement is the primary driver. The others are monthly Premiums and provider Network Reimbursement.
Who are PACE of the Triad's main competitors?
Broad incumbents on record are Landmark Health, ChenMed and CenterWell Senior Primary Care. Direct peers are InnovAge Holding Corp., Carolina Senior Care (Lexington, NC), PACE of the Southern Piedmont, Senior TLC (Shelby, NC) and Elderhaus PACE (Wilmington, NC). ConcertoCare is listed as an emerging player. Cherry Blossom PACE (Lynchburg, VA) is listed as a regional player.
Does PACE of the Triad have an API?
No public API is recorded for PACE of the Triad.
What industry is PACE of the Triad in?
PACE of the Triad's product category is Senior Healthcare Services. Its primary akta.pro industry code is HLADAIAM, Medicaid Waiver / PACE-Partnered Adult Day Programs, with a secondary code of HSABAIAG, Benefits, Insurance & Entitlement Navigation (Medicare/Medicaid/VA/LTC). Its NAICS code is 624120 and its SIC code is 8082.