InnovaCare is a renowned Medicare Advantage and Medicaid institution. Its healthcare services are mainly administered to Puerto Rican citizens. The facility offers two health plans including PMC Medicare Choice, Inc. and MMM Healthcare Inc. Both health plans have active memberships of 200,000 people operated by more than 7,500 providers. In partnership with the Puerto Rican government, InnovaCare oversees Medicaid Plans that are explicitly defined by the Puerto Rican Government Health Plan.
To be precise, three senior executives were officially set to join the leadership team. Richard Shinto, M.D, who is InnovaCare’s Chief Executive Officer and President, made this announcement. Richard pointed out that these new changes will equip InnovaCare Health with competent professionals. According to him, the main reason why the institution had to make changes in its leadership structure is to remain relevant in the fast changing healthcare sector.
InnovaCare’s New Executive Leadership Structure
The Chief Actuary Officer is Jonathan Meyers who has previously served as the Actuarial Services’ Director at Horizon BCBS. Meyers has also worked with New York-based HealthCare Partners where he served as the Chief Actuary. Besides serving in Actuarial departments, Meyers was also an Employee Benefits Consultant for big organizations and employers such as AXA Financial, SEIU 1199, International Paper, and Northwest Health.
Penelope Kokkinides, who has worked in Medicaid and Medicare programs for over twenty years, currently hold the Chief Administrative Officer position of InnovaCare. Kokkinides previously held the Chief Operating Officer and Executive Vice President Positions at Centerlight HealthCare.
Mike Sortino was appointed as InnovaCare’s new Chief Accounting Officer. He is renowned for his Controller position at Samsung Fire & Marine Insurance Co., Ltd based in the United States. To be precise, he worked for more than five years as HCC Specialty’s Chief Financial Officer. His expertise lies in reinsurance, public accounting, and insurance.
About Richard Shinto
Richard, who is the current CEO and President of InnovaCare, has also held the same positions at Aveta Inc., and was an active board member of the institution. Before working with InnovaCare, he was California-based NAMM’s Chief Medical Officer. Rick Shinto graduated from the New York State University with a medical degree. Shinto is also an alumnus of University of California and University of Redlands where he acquired B.S and M.B.A respectively.