According to the president and CEO of Innovacare, Richard Shinto, the company recently made three additions to their leadership on Bloomberg. This is a leading Medicare Advantage company. They provide health related services in Puerto Rico. In a statement that was released to the press, the CEO stated that each of these additions brought in a wealth of experience and skills to Innovacare, especially at a time when they need to position the company for success amid an ever changing health care world.
Richard has been acting as president and also CEO at Innovacare Limited. Before joining this company, he was at the helm of Aventa, Inc, till its sale in 2012. The man has more than 2 decades of experience in the management of clinical and healthcare services on Pinterest. He is a graduate of the California University at Irvine. He also has a degree in medicine from the New York State University. He also attended the University of Redlands where he attained his MBA. There are several books on clinical medicine under his name.
Jonathan has been appointed to the position of chief actuary officer. He was previously working for horizon BCBS as the director of actuarial services Medicaid on Crunchbase, which is the largest carrier in New Jersy. He was also a consultant with large unions such as SIEU1199,AXA Financial and Johnson and Johnson.
She has been appointed to the post of chief administrative officer for the company. Her experience spans more than 2 decades in government funded plans including Medicare and Medicaid. She has a world of experience in the development of clinical programs. She is has also been involved in the process of managing healthcare processes whose aim is improving efficiency in the organization structure and operations. She was a CEO at Centerlight health care. Here, she was in charge of the managed care division. She was also COO at touchstone health. She has also worked with the UnitedHealth group.
About the company
Innovacare Health has specialized in offering managed health services. They have a membership base of more than 200,000 members and are served by a network of 7,500 providers. They manage two Medicaid plans within the health plan provided by the Puerto Rican government. The aim of InnovaCare is to provide quality healthcare by creating sustainable and affordable models. They have models of healthcare that are well coordinated, innovative and completely integrated with modern technology. The appointments are part of an ongoing effort to increase their effectiveness in health service provision and become an even more successful global venture, while maintaining their competitive edge.
Medicare Advantage may be classified as an insurance scheme where members are allowed to access certain medical services. The program operates through plans, which can basically be defined as packages that come with the benefits one can access for signing up to the program.
Understanding what each plan offers is necessary since it allows you to make the right decision when you want to choose a plan that best describes the needs you have. It also eliminates the possibility of spending more because the terms offered in these plans differ depending on the provider and benefits therein.
Who qualifies for Medicare Advantage?
The criterion applied in Medicare Advantage plans is simple for the basic user. For enrollment, one is required to be part of both Medicare Part A and B. There are also groups of people exempted from the program like those with end-stage renal disease. You should also ensure you live within an area where the plan you are looking to enroll is available.
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Benefits of choosing Medicare Advantage plans
There is a wide range of benefits for choosing Medicare Advantage plans, one of them being that some insurance firms offer up to zero premiums for the plans. However, such availability may be affected by the state you live in. Also beyond the ordinary benefits you may receive some Medicare Advantage plans may include extra benefits like dental and vision, which are not included in Part A and Part B.
Read more about InnovaCare Health at Open Minds.
Reviewing InnovaCare Health
The company has made bold attempts to strengthen the executive team, which has come up with strategies like adoption of latest technological features to streamline service delivery and to enhance efficiency. InnovaCare is dedicated to offering high-quality services that are driven by the need to ensure patients receive equal care and reliable services that can fully cater for their Medicare needs.
About the leadership
The leadership of InnovaCare Health is comprised of dedicated professionals like Dr. Richard Shinto and Penelope Kokkinides. Dr. Rick Shinto is the President and CEO and through his tenure, InnovaCare has grown into more than a managed healthcare services provider. Richard Shinto holds prior experience since he has worked in the healthcare industry for more than 20 year, once serving as the CEO of Aveta Inc. His close associate Penelope Kokkinides is an invaluable asset to InnovaCare Health as she boasts of similar amount years in the industry.
InnovaCare Health CEO Richard Shinto, M.D. and CAO Penelope Kokkinides are the two leading forces behind the growth of the company into a national leader in managed care for Medicare Advantage beneficiaries. The two have put the company on a path to provide quality care at prices that are acceptable under the Medicare Advantage program. Medicare Advantage is a program through which Medicare recipients can use private insurance companies to pay for the medical services they need. The insurance companies are then reimbursed by the federal government.
With original Medicare, beneficiaries receive their medical treatment through approved medical facilities. Those services are paid for by the Centers for Medicare and Medicaid Services. InnovaCare Health through their Medicaid programs, Provider Networks and Medicare Advantage is able to provide higher quality care yet keep the costs within the Medicare Advantage price guidelines. This is because of the innovate, caring leadership of Dr. Shinto and Penelope Kokkinides. Their facilities use the best doctors and cutting-edge technologies to provide outstanding care cost-efficiently.
Under the experienced leadership of CEO Dr. Rick Shinto and Penelope Kokkinides, CAO, InnovaCare Health has become known for using state-of-the-art facilities, industry leading doctors and medical staff, the most effective medical practices, fostering strong patient-doctor relationships and putting the patient first. Those are outstanding achievements in today’s complex, challenging healthcare environment. Through Shinto and Kokkinides’ vision and hard work, InnovaCare Health is able to reach these objectives while keeping costs down.
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CAO Penelope Kokkinides has been working in leadership positions in the healthcare industry for more than two decades. Dr. Shinto too brings over 20 years of leadership experience to InnovaCare Health. The combination of their skills and experience enable them to provide unique leadership to InnovaCare Health, keep all stakeholders aware and make sure the quality of life for Medicare Advantage patients improves. The company has proven over time that their methods lead to better care for their Medicare Advantage patients while controlling costs, growing the company and keeping their top-flight physicians happy.
The privately held company uses its nearly 5,000 employee to not only help Medicare Advantage patients heal from a myriad of illnesses, it also offers the preventative care services as well as the latest health, wellness and fitness information.
When most people think about Medicare they think about Original Medicare. Original Medicare is OK but there are no limits on the amount of out-of-pocket costs a patient will have to pay. A Medicare Advantage Plan is a plan administered by a private insurance company that contracts with the federal government. These plans pay a fixed amount per person for specific medical benefits. Some of the most common types of Medicare Advantage Plans are Health Maintenance Organizations (HMOs), Preferred Provider Organizations (PPOs), and Private Fee-for-Service (PFFS). There are also Special Needs Plans (SNPs). These cover some pre-existing conditions.
You will still have Medicare with a Medicare Advantage Plan. You still need to pay your monthly Part B premium. The Advantage plans offer the same services offered by Medicare but they have different costs, restrictions and other rules. One major advantage to the Advantage Plans are that they limit your out-of-pocket expenses on companybooknetworking.com. The limits are high, however, remember the Original plan is unlimited. The Advantage Plans may even cover routine vision and dental care. The Advantage plan often charges an additional premium to the Medicare Part B premium.
To qualify for a Medicare Advantage Plan you have to have Medicare parts A and B. You have to live within the cover area. You cannot have End-Stage Renal Disease. You can enroll in the SNP though. You will need to join a plan that has Part D drug coverage or buy that separately if you want it.
InnovaCare Health | CrunchBase
InnovaCare Health Solutions, LLC: Private Company Information
InnovaCare Health is a provider of managed healthcare services in North America and Puerto Rico. They use two methods of providing care, Provider Networks and Medicare Advantage Plans. Dr. Richard Shinto is the President and Chief Executive Officer of the company. He has over 20 years of clinical and operational healthcare experience.
Dr. Rick Shinto has written several articles on clinical medicine. He received his Bachelor’s Degree from the University pf California at Irvine. He earned his medical degree from the State University pf New York, and an MBA from the University of Redlands.
Penelope Kokkinides has a B.S. in biological sciences and classical languages from Birmingham University She earned her M.S. in Social Work at New York University.
Learn more about InnovaCare Health: https://siemmmpresaludable.com/