The leadership team at InnovaCare Health consists of experts with vast experience in management. Led by CEO Dr. Rick Shinto and CAO Penelope Kokkinides, the leadership has a task of ensuring that the company meets the ever-growing needs of this industry. The aim is to leverage the collective expertise and experience of the team to capture every opportunity. Here is a look at the chief executive and administrative officers.
CEO Rick Shinto
Dr. Rick Shinto also serves as the head of all subsidiaries of InnovaCare Health in Puerto Rico. He performs these duties through MMM holdings the premier Medicare Advantage Plan on the island. This plan is in charge of more than a quarter a million lives. He served as the president of NAMM for four years and was the CMO and COO of Medical Pathways Management Company in California. Other positions that he has held include being the vice president of MedPartners and the CMO of Cal Optima Health Plan.
Dr. Shinto’s Education history details medical degrees from the University of California, University of Redlands, and the State University of New York. His career began as an intern and later a pulmonologist in Sothern California before eventually landing at InnovaCare Health. He has won the Ernst & Young Entrepreneur of the Year Award and is the author of many articles about healthcare and clinical medicine.
CEO Penelope Kokkinides
On her part, Chief Administrative Officer Penelope Kokkinides joined InnovaCare Health in June 2015 after serving as the COO at the same company and Aveta Inc. She has held several other positions including being the vice president of Clinical Operations. With over 20 years of healthcare experience and a specialty in government programs and the managed industry, her knowledge and expertise is a vital resource for the company. Before joining the company, she was the Executive Vice President of Centerlight Healthcare. She also had stints at Touchstone Health and AmeriChoice.
Kokkinides graduated with a bachelor’s degree in biological sciences from Binghamton University. She also has a master’s degree in social work which she got from New York University. She also has degrees in alcohol and substance abuse and public health which she got from the Columbia University School of Public Health.
For many years, InnovaCare Health has been providing Medicare Advantage plans. It is also a leader in physician practice services. A look at their leadership, especially the members of the Board of Directors, shows their commitment to providing the best services to their customers.
Deirdre Baggot is an experienced clinician who is an expert in payment and hospital executive. She is a business strategist and holder of several degrees. Some of her degrees include an MBA from Loyola University, a Ph.D. that she earned from the University of Colorado and a bachelor’s degree that she acquired at the University of Southern Illinois. Baggot has worked in the medical industry for years and is a payment expert that helps patients get the quality care they deserve for the pay they are making. Baggot is responsible for overhauling traditional methods of payment that were tiresome and tasking to new payment methods that are fast, effective and convenient. Baggot made this transformation because she believed that the old forms of payment were more focused on the quantity of care rather than the quality of care. With the new payment methods, Deirdre Baggot hopes that healthcare institutions can now focus on the quality of care to patients and satisfy them. View Slideshare.com to learn more
Deirdre Baggot has implemented the streamlined approach as a mode of payment which focuses on all the issues in healthcare institutions regarding payments. Baggot with her expertise and knowledge, advice healthcare institutions to adopt the bundled system of payment in healthcare delivery. This type of payment is effective, and it has an array of benefits and implementation strategies. According to Deirdre Baggot, the Affordable Care Act is not adequate as they affect how patients pay their bills. Baggot attests it might take a while for organizations to forgo the old payment methods and adopt the new ones because each healthcare institution has its problems that it faces in regards to payments. Baggot believes that she can help organizations make this transformation by locating areas that need attention and finding solutions to them. The quality of healthcare delivered is bound to improve if the new payment methods are adopted.
Learn more: https://vimeo.com/deirdrebaggot
Most healthcare services in the United States are provided by the private sector. These companies according to Google own and operate hospitals, clinics as well as insurance companies. Although most community hospitals in the US are non-profit, 21 percent are profit. These companies are making deep investments in the economy and the industry and as a result have become extremely profitable. The US top healthcare companies are ranked in the fortune 500 companies list. This is largely due to adoption of new and affordable healthcare acts and regulations as well as new lucrative partnerships, mergers and acquisitions. Big pharmaceuticals and biotech companies have invested billions in research and development resulting in new medicine and technology. These developments have proven to be extremely profitable thus attracting deep-pocketed individuals and institutional investors. These companies are finding new and innovative ways to either maintain or improve on total sales amidst the waves of change blowing in the industry. The fact that there are about ten companies in the top 50 most lucrative companies proves the dominance of the healthcare sector in the economy. The healthcare industry is very profitable with equal opportunities for both investors and entrepreneurs. With services and developments like mobile health services, preference for services that are on demand at flat fees and data transparency, there is an ever increasing opportunities. These companies are meeting the sophisticated expectations of consumers to resist the status quo and make profits by curving out niches in the market. However, most profitable companies are either pharmaceuticals or biotech companies. Companies that run hospitals and clinics are ranked further down in the industry and do not appear in the fortune’s list. Nobilis Health Corp is one company that has steadily risen up the industry through profitable partnerships and investments. The company is currently trading in the US stock markets. It is listed in both the TSX exchange and NYSE exchange. In 2014, it changed its name from Northstar Healthcare to Nobilis Health as part of its initiative to venture into the stock markets. The name change was aimed at removing any confusion with companies trading with the name Northstar. Nobilis owns and operatives ambulatory as well as acute care facilities, health clinics and surgical centers. It is situated in Houston, Texas, and has acquired a number of lucrative facilities to expand market share.