Led by Rick Shinto, President and CEO, InnovaCare Health is indisputably the leading healthcare programs provider in North America, offering high-quality care through innovative provider network models. The firm has redefined the healthcare sector, providing Medicaid and Medicare advantage plans. It has consistently produced healthcare models, which are, quality, cost-effective, and sustainable, employing the most effective technologies. The current chief administrative officer of the company is Penelope Kokkinides. Based in Puerto Rico, InnovaCare has more than 7,500 employees, and its membership program accommodates over 200,000 individuals. Learn more about Penelope on Bizjournals.
InnovaCare’s CAO Penelope Kokkinides
Penelope Kokkinides has been the InnovaCare Health solution’s CAO since August 2016, a position she scooped after the company added three executive positions to the leadership team. She was initially the vice president and COO at Aveta Inc. and was previously a COO and executive vice president of Centerlight Healthcare for some years. She acquired her B.S in classical languages and biological sciences from Birmingham University and from the University of Columbia she also received her master’s in Public Health. For 20 years, Penelope has been fully engaged in the managed care industry specializing in government programs. For that reason, Penelope Kokkinides has a wealth of knowledge and expertise in the management and development of healthcare operations and clinical programs. In her interview with Ideamensch, Penelope said she faces each day with its unique challenges. She expressed her excitement on how technology has transformed business operations making them productive. Before making major investment decisions, Penelope encouraged investors to have an in-depth understanding of the market trends. Read more about her interview on Ideamensch
Innovacare Joins LAN to Reform Payment Methods
In August 2016 under the watch of Rick Shinto, Innovacare, Inc. announced its participation in Learning and Action Network healthcare payment. Launched by HHS, LAN is a network focused on helping people achieve better care and smarter spending, by driving alignment in payment approaches across the private and public sectors. The initiative introduced in 2015 was created to help systems pay providers based on the quality of care rendered to patients rather than the service quantity. As a LAN partner, innovaCare’s mission was to quickly transition to alternative payment models. Shinto said that the partnership signified the company’s deep commitment to accelerating the healthcare industry. In a different setting, Penelope applauded LAN saying it has a list of committed partners from the health industry, devoted to looking for better ways of making payment models work better for various organizations. She expressed her confidence in working with LAN and was convinced that InnovaCare Health would make a noticeable difference in the spread of AMPs.