Guided by CEO Rick Shinto and by Penelope Kokkinides, who serves as its chief administrative officer, Innovacare Health continues in its quest to provide medical services to thousands of American citizens. The two top executives have combined their skills and experience to help the New Jersey-based company achieve the highest possible degree of care to its customers.
Nearly two decades before taking the helm of Innovacare Health, Dr. Shinto would help establish the basis of a company dedicated to value-based health care. Possessing both a medical degree and a master’s degree in business administration, Dr. Shinto had earlier in his career served as the chief medical officer for the CalOptima Health Plan, an insurance program operating in Southern California. It was in that region of the nation where he would also practice in the fields of internal medicine and pulmonology. Dr. Shinto has also served in executive posts at the Pathways Management Company and in the Aveta health care provider network. He is currently on the boards of two trade organizations, America’s Physician Groups and America’s Health Insurance Plans. Known for his own written articles on medicine and the health industry in general, he was recognized in a 2018 edition of the publication Modern Healthcare as one of the “top 25” minority executives in the field.
Penelope Kokkinides has served as the CAO of Innovacare Health since 2015. A graduate of Binghamton University, where she studied biological sciences, she would later receive master’s degrees in both social work and in public health from Columbia University, which is also in New York. Prior to assuming her current position, she played a vital role in developing health plans while serving in a business department at UnitedHealth Group. Recognizing the current status and the future direction of the healthcare industry, she believes in prioritizing her own duties and goals in advance.
Innovacare Health was originally developed to operate the subsidiary companies of the California-based firm North American Medical Management. It today provides coverage to nearly half-a-million residents of the American territorial island of Puerto Rico. One of its own subsidiaries, MMM Healthcare, is also responsible for covering thousands of clients enrolled in the Medicare Advantage supplemental insurance program. Reflecting its dedication to innovative ideas, Innovacare Health is helping to develop a system that allows for payments to providers to be based on the quality of the service. Such methods can help provide coverage to those with the most complicated medical needs and in the process reduce the costs of such government programs as Medicare.