Mid last year, CEO Richard Shinto of InnovaCare Inc. announced the addition of three members to the firm’s executive team. According to Yahoo Finance, the new additions are Jonathan Meyers, Penelope Kokkinides, and Mike Sortino. The three will serve as the chief actuary officer, chief administrative officer, and chief accounting officer of InnovaCare in that particular order.
InnovaCare Joins LAN Network
In line with InnovaCare’s long-term goal of providing innovative and quality but cost effective healthcare services, the firm joined the Health Care Payment LAN network in August last year. This network seeks to revolutionize the payment models from being quantity-based to quality-based. CEO Richard Shinto said that InnovaCare would join hands with LAN to collect data across the nation and to conduct quantitative data survey. If they succeed, 50 percent of all U.S. health care payments will be through alternate payment methods.
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About Penelope Kokkinides
Penelope Kokkinides has been an expert in the healthcare industry for more than two decades now. Prior to joining InnovaCare, she had worked as COO for two healthcare firms: Centerlight HealthCare where she was also the vice president and Touchstone Health. UnitedHealth Group’s AmeriChoice also employed Penelope, and she worked in the Care Management and Disease Management unit as the corporate vice president. She holds a master’s degree in public health and another one in social work from Columbia University and New York University respectively. For her undergraduate degree, she studied biological sciences and classical languages at Birmingham University.
About Richard Shinto
Rick, as he is popularly known, is a holder of B.S, M.D, and M.B.A degrees from the prestigious University of California, the distinguished State University of New York, and the esteemed University of Redlands respectively. The CEO has been in the healthcare scene for over two decades. Before joining InnovaCare, Rick had made a name for himself as a health management expert at Aveta Inc., North American Medical Management- in both Illinois and California, MedPartners, Pathways Management Company, and Cal Optima Health Plan. Besides InnovaCare, he is also the executive manager of MMM Healthcare, Inc.
InnovaCare is a highly rated healthcare firm that operates Medicare and Medicaid government programs in Puerto Rico. It also offers managed health care services to the Puerto Rico community through two health plans: MMM and PMC. More than 7000 health care providers serve the 200,000 plus members of the two plans. InnovaCare Health is the sole provider of health plans accredited by NCQA within Puerto Rico. The firm is celebrated for its innovative technologies and pocket-friendly healthcare services.