InnovaCare Health is a leading provider of Medicaid and Medicare Advantage plans. They provide quality healthcare by creating models that are sustainable and cost-effective. The company operates two Medicare Advantage plans in Puerto Rico which includes almost 200,000 people being served by over 7,500 providers. InnovaCare Health also manages two Medicaid plans through the Puerto Rican government that offer wide benefit coverage through coordinated care models.
The two Medicare Advantage plans they manage in Puerto Rico are MMM and PMC Medicare Choice. Recently, CMS gave each of these plans a four-star rating based on its excellence in patient experience, outcomes, and access. In 2011, they were both awarded a Commendable Accreditation from the National Committee for Quality Assurance, which is only awarded to plans who meet the NCQA’s requirements for quality improvement and consumer protection.
The mission of InnovaCare Health is to redefine healthcare manage to meet every challenge of today’s healthcare complexity. Their vision is to focus on strong relationships between patients and providers and build sustainable models that are innovative, cost-effective, and quality driven.
Visit the company website at innovacarehealth.com for more information.
InnovaCare Health has very strict values in which they do business. There they believe that patients come first, strong relationships lead to healthier outcomes, and that quality medical care is the end goal. They understand that the growth of their organization is dependent on their leadership and corporate integrity. InnovaCare Health knows that managing healthcare works the best when stakeholders are held accountable to higher standards and that the company makes the biggest impact by having a clear vision, effective communication, and a strong willingness to find any solution.
In July of 2016, InnovaCare Health announced that there would be three new additions to their leadership team. Richard Shinto, the company’s CEO, welcomed Jonathan Meyers as the Chief Actuary Officer, Mike Sortino as the Chief Accounting Officer, and Penelope Kokkinides as the Chief Administrative Officer. Source: http://www.bloomberg.com/research/stocks/private/person.asp?personId=46734954&privcapId=225431891
Rick Shinto, InnovaCare’s CEO, has over 20 years of experience in managed healthcare. He was CEO of Aveta, Inc., Chief Medical Officer of NAMM California, and the Chief Operating Officer for Medical Pathways Management Company. He received his Bachelor’s degree from the University of California, his medical degree from the State University of New York, and his M.B.A. from the University of Redlands.
Penelope Kokkinides, the Chief Administrative Officer, also has more than 20 years of health care experience. Prior to InnovaCare Health, she was the Chief Operating Officer and Vice President of Clinical Operations at Aveta, Inc. She also served as Executive Vice President and Chief Operating Officer for Centerlight HealhCare. She earned her Bachelor’s degree from Binghamton University and her Master’s degree from New York University. She also received her Master’s program advanced degree from Columbia University.
For more about Penelope Kokkinides, check out her BizJournals profile