InnovaCare Health, a leader in the provision of Medicare Advantage and Medicaid in Puerto Rico, recently made three additions to its leadership team. The President and CEO of the company, Rick Shinto, M.D. made the announcements.
Jonathan Meyers will serve as the company’s Chief Actuary Officer. Before joining InnovaCare, he was the Director of Actuarial Services at Horizon BCBS. Before that, he was working at HealthCare Partners in New York as the Chief Actuary Officer. Jonathan has also provided consultancy services on Employee Benefits to Unions and Employers such as AXA Financial, Johnson & Johnson, and International Paper. His role involved offering strategic advice and insight to the senior executives on issues related to healthcare benefits for retirees and employees.
Penelope Kokkinides will take up the role of Chief Administrative Officer. She has over twenty years of experience in the healthcare sector. Her specialty is in government programs and the managed care sector. Kokkinides has a lot of experience and knowledge in the development of clinical programs. She has served in numerous executive roles throughout her career including as VP and COO for Centerlight HealthCare. Her role involved the provision of strategic direction and overall management of the managed care division. She has also worked as a COO of Touchstone and the Corporate VP at AmeriChoice. During her time there, she played a crucial role in helping the company implement several key programs. Learn more about Penelope on Bizjournals.
The third addition to the company’s top leadership is Mike Sortino. He will be the Chief Accounting Officer at InnovaCare. Previously, he held the position of Controller at Samsung Fire and Marine Insurance Co. Ltd (US). He had served as the COO at HCC Specialty before that. Mike has over five years of experience in public accounting and over two decades of experience in the reinsurance and insurance sectors.
InnovaCare Health runs PMC Medicare Choice and MMM Healthcare, which are Medicare Advantage plans on the island of Puerto Rico. They have a membership base of about 200,000 individuals who are served by 7,500 network providers. Besides that, it runs two Medicaid plans with the framework of the Government Health Plan of the island.
It is the only company in Puerto Rico, which offers NCQA-accredited health plans. It has a commitment to offer members quality healthcare services by creating sustainable managed care models. The company aims to make its services innovative, cost-effective, coordinated, and fully integrated with advances in medical technology.
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