Joe Fagan

Former Soccer Star, Now Soccer Fan


May 02, 2017

The CEO of InnovaCare Health Inc., Rick Shinto’s Unwavering Support for the LAN

InnovaCare is the pride of Puerto because it is the leading Medicaid and Medicare Advantage organization mandated to provide healthcare related services. On August 2, 2016, the organization announced its involvement in embracing the modern Health Care Treatment Payment Learning and Action Network (LAN). The LAN entails a partnership between the public and private sector that seeks to upgrade the U.S health system towards new payment models that focused on offering quality services rather than quantity.

Rick Shinto, the CEO of InnovaCare, cited that the announcement represented the unwavering commitment of the organization to help in the transition to alternative payment models in the health care industry. He added the collaboration of the organization and the LAN would assist in redefining the healthcare management through the provision of cost-effective, coordinated, and innovative models. Thus, the payment reforms would build a resilient relationship between patients and providers.

InnovaCare significantly supports the mission of LAN that entails accelerating the change to alternative payment models. Moreover, the organization had formulated its goals that support payment reforms. According to a statement made by the InnovaCare, they support the goals of the LAN, which include making 30 percent of U.S. health care payments to adopt the alternative payment models (APM) by 2016 and another 50 percent by 2018. InnovaCare pledged to help in surveying quantitative data and grouping payments based on APM Framework. Learn more about Penelope on Bizjournals.

Insights of the LAN

The LAN has a list of around 100 organizations including private, public, and non-profits sectors whose aim entails transforming the health care sector and emphasizing of quality rather than quantity services. The Chief Administrative Officer of InnovaCare, Penelope Kokkinides, cited that working with the other committed partners of the LAN would ultimately help the organization spread the APMs throughout the health industry.

The Other Career Experiences of Penelope Kokkinides

Before rejoining Innovacare in June 2015, Penelope worked at InnovaCare, Inc. as the Chief Operating Officer. She also served at Aveta Inc. as the Chief Operating Officer as well as VP of Clinical Operations. Before that, Penelope Kokkinides worked at Centerlight HealthCare where she was the Executive VP and Chief Operating Officer. She also served as a COO at Touchstone Health as well as the corporate VP for Disease Management and Care Management.

InnovaCare Health Inc.

InnovaCare is a leading health care provider in Puerto Rico and operates health plans including PMC Medicare Choice, Inc. and MMM Healthcare, Inc. The organization’s membership base includes over 200,000 individuals who are served by a network of more than 7,500 providers. It is dedicated to providing quality and affordable health care services. Visit Bloomberg.com for more info on Penelope Kokkinides.