Penelope Kokkinides recently rejoined the leadership within InnovaCare Health in 2016 as Chief Administrative Officer. She is a career veteran of government programs with over 20 years of experience and expertise within Medicare and Medicaid. She is a former Vice President of Care Management and Disease Management at AmeriChoice, a separate entity within the United Health Group Organization.
The Centers for Medicare and Medicaid Services (CMS) has announced that there will be new rules governing the Quality Payment Program which is mandated by the Medicare Access and CHIP Re-authorization ACT of 2015. CMS has proposed a financial goal that would simplify the program and provide improved assurances for the fiscal sustainability within Medicare while also ensuring a higher level of care for beneficiaries.
In April 2017, a panel was assembled of eight women to attend the White House to discuss the changes with President Trump alongside key Administrators of CMS. Penelope Kokkinides was among those women invited to speak on behalf of InnovaCare Health. Visit Bloomberg.com for more info on Penelope Kokkinides.
Ms. Penelope Kokkinides assisted the panel with a better understanding of how the proposed changes will affect the Medicare Advantage plans within Puerto Rico. InnovaCare Health currently operates two prominent Medicare Advantage plans; MMM Healthcare and OMC Medicare Choice within Puerto Rico, which are leading the region in quality care and member satisfaction. Upon the completion of the panel discussion with CMS, the prearranged decisions by Administrators were revised due to the information disclosed by Ms. Kokkinides. The changes made by CMS will now assist the government programs with better off-setting the budget deficiencies the agency is looking to overhaul within the coming years.
InnovaCare Health continues to advance the health care industry. Using smart-technology, the company developed a way to reduce costs by implementing an electronic secure-portal that allows physicians and providers of care to access a patient’s medical history with their smartphones, computers and tablets. Through the use of the company’s app InnovaMD, doctors and patients are now able to interact more efficiently and also reduce costs in the process.
Dr. Richard Shinto is the Chief Executive Officer of InnovaCare Health, and he has provided the type of leadership that has continually pushed the industry forward. Through Dr. Shinto’s leadership, since 2012, InnovaCare Health has become the leading managed care provider within North America. He is a published author and a previous Chief Medical Officer of NAMM California with well-over 20 years of experience within health care.