InnovaCare Inc.’s Success under the Leadership of Rick Shinto and Penelope Kokkinides

Innovacare Health is one of the competitive healthcare service providers across North America. The organization is renowned for its managed care in Puerto Rico and has been able to revolutionize the payment system for better service. The success of InnovaCare is owed to its two executives: Dr. Rick Shinto who is the current president and CEO, and the Chief Administrative Officer, Penelope Kokkinides.


The company’s efforts to improve healthcare

In order to improve the healthcare services offered to its clients, InnovaCare had recently joined the Health Care Payment Learning and Action Network (LAN), a public-private partnership which attempts to improve the health system of the United States by providing a payment model that enhances quantity and quality. The organization supports the mission of LAN of accelerating the transformation to alternative payment models. In a statement, Shinto highlighted that InnovaCareis committed to helping LAN achieve its goal of tying at least 30 percent of the payment plans in the US to alternative payment models by the end of 2018.


To further improve the healthcare experience of its members, InnovaCare offers Medicaid and Medicare Advantage Plans which offers best quality services and enhanced performance. Through its two major contracts, PMC Medicare Choice, and Medicare y Mucho Mas, the company was able to be awarded the Medicare Star Rating of 4.5 out of 5 by the Centers for Medicare and Medicaid (CMS). The InnovaCare management team believes that this award is significant as it influences the adoption of the plan in the current year.


Penelope Kokkinides’ meeting with Donald Trump

In 2017, the Penelope Kokkinides attended a White House meeting where healthcare providers were discussing the federal health care legislation with the President, Donald Trump. During her time with Trump, Kokkinides addressed the significance of increased funding in the healthcare sector in Puerto Rico. Since the federal funding for Medicare has dropped since 2011, the InnovaCare COO noted that increased payment would help improve healthcare services. During the meeting, Kokkinides also addressed the importance of women in the healthcare sector. She noted that women should be involved in the development and implementation of health models.


About InnovaCare Health

InnovaCare, Inc. offers managed healthcare services and health plans across Puerto Rico. It has a membership base of up to 200,000 individuals who are served by about 7500 providers. The healthcare company offers broad healthcare coverage through its coordination with the Government Health Plan. InnovaCare remains the most cost-effective and well-coordinated organization that utilized fully integrated and innovative technologies to enhance lives of its clients.