As the changing landscape of health insurance continues to shift, companies that provide managed healthcare services must grow and adapt in turn. The long-standing InnovaCare Health, the face of InnovaCare, Inc., knows this all too well, and to that end has added CEO Rick Shinto and COO/CAO Penelope Kokkinides to their team.
Los Angeles-based Rick Shinto is a natural addition to InnovaCare Health, given his extensive experience in the field of healthcare professions. Dr. Shinto first entered the medical world as a pulmonologist, certainly an impressive accomplishment in and of itself, yet the doctor was not content to stop there; he exercised his master’s degree in business administration as much as his medical degree and went on to serve as an executive at multiple managed care groups. These included Medical Pathways Management Company, PMC Medicare Choice Inc., and Aveta Inc.
Working closely with Dr. Shinto and other team members of InnovaCare Health to achieve the group’s goals, Penelope Kokkinides also proves to be a valuable asset. Kokkinides is the epitome of a professional with a well-rounded education, having obtained degrees in such diverse fields of study as biological sciences, social work and public health, the last having been earned through the Columbia University School of Public Health. She is also a familiar presence to many at InnovaCare, having served the company previously before venturing into prestigious roles at AmeriChoice and Centerlight HealthCare. Kokkinides returned to InnovaCare in 2015.
Together, Rick Shinto and Penelope Kokkinides have a combined record of more than 40 years – 20 years each – of experience in health management professions. It’s plain to see that the two are advancing InnovaCare’s ambitions and beneficially shaping its business model. Already, positive change has come in the form of the InnovaCare Health’s agreement to reform payment methods, in a move that seeks to link the basis of payments to quality of care whereas quantity of care has been the standard in the past.
This change places InnovaCare among the ranks of dozens of managed care service companies who have partnered with the Health Care Payment Learning and Action Network, or HCP-LAN.
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