InnovaCare Health is one of the largest healthcare providers in North America and is specifically centered on Puerto Rico. InnovaCare affirms its dedication to building strong relationships between the patients and the providers by providing quality health care services.
Using their Medicare and Medicaid programs through the provider networks generated, InnovaCare Health fulfills its commitment towards offering healthcare models that are integrated with advanced technologies, sustainable, and cost-effective.
InnovaCare provides PMC Medicare Choice and MMM HealthCare to its 200,000 plus members. These members are served by 7500 providers who go above and beyond to ensure that they are satisfied. It also handles two Medicaid programs that are incorporated in the Government Health Plan of Puerto Rico.
In an attempt to reform payment models, InnovaCare Health has joined the HHS Initiative. This initiative involves a healthcare payment Learning and Action Network. The LAN is a partnership between the public and private sectors that seek to develop a payment model that puts emphasis on quality as opposed to quantity in the U.S health system. In line with this, the organization has created objectives that will contribute to payment reform and give continuous progress updates to the LAN. This was incepted in 2016.
The current president and CEO is Dr. Richard Shinto, better known as Rick Shinto. He has an incubation of 20 years operational and clinical expertise in managed care. Before he joined InnovaCare, Rick Shinto was the CEO of Aveta Inc and was also a member of the management team.
He has worked with other large healthcare providers such as NAMM California, MedPartners, Cal-Optima Health Plan and Medical Pathways Management Company.
While he was at Aveta Inc, Rick Shinto was awarded the Ernst &Young Entrepreneur of the Year in 2012. This award gives recognition to individuals who display extraordinary excellence and success in financial performance, innovation, and personal commitment to their businesses.
He has also received the Access to Caring Award in 2014, in his tenure as the CEO of InnovaCare Health.
In July 2016, Rick Shinto announced the addition of three members to their executive management team; Jonathan Meyers who took up the position of chief actuary officer, Penelope Kokkinides assumed the role of chief administrative officer and Mike Sorti, chief accounting officer.
Rick Shinto ascertains that Penelope Kokkinides brings the organization a high level of professional integrity, expertise, and experience. She has more than two decades of experience with a specialization in managed care and government products such as Medicaid and Medicare.
Penelope Kokkinides has previously worked as the COO and executive vice president of Centerlight HealthCare. She has also worked in AmeriChoice, a sub-unit of UnitedHealth Group. She has taken charge of designing and implementing health models that improve overall organizational efficiency and infrastructure.
Rick Shinto and Penelope Kokkinides have been integral in the implementation of Medicare and Medicaid packages at InnovaCare Health- marketing strategies that have brought the company great success.