InnovaCare Health Adds Three persons to Its Leadership Team

On 28th July 2016, InnovaCare, Inc., a mega Medicaid and Medicare Advantage Company providing healthcare services in Puerto Rico, added three executive officers to its leadership team. The news was announced by Richard Shinto, its President, and CEO. Rick Shinto said that these professionals were bringing a rich experience together with a unique skill set to the organization. It seeks to position itself for success amid the increasingly complex and ever-changing healthcare industry.

Jonathan Meyers
The first was Jonathan Meyers. Meyers was to serve as the new Chief Actuary Officer in Innovacare Health. Before this appointment, he served as the Director of Actuarial Services, at the Horizon BCBS. Horizon BCBS Inc. is the largest carrier company in the city of New Jersey. He was also formerly the Chief Actuary Officer at HealthCare Partners in New York City, a branch of the Heritage Medical Systems as the CFO and Vice President of Managed Care at different times. He has also offered Employee Benefits consulting to leading Employers and Unions among them SEIU 1199, International Paper, Johnson & Johnson, AXA Financial and Northwell Health on He gives insight and strategic consultation to Senior Executives regarding positioning of medical benefits for workers as well as retirees.

Penelope Kokkinides
Penelope Kokkinides was appointed as InnovaCare’s new Chief Administrative Officer. Penelope Kokkinides boast of more than two decades of healthcare experience and is specialized in government programs and the managed-care industry. Kokkinides has served in various executive roles, including being the Executive Vice President and COO for Centerlight HealthCare, COO of Touchstone Health and Vice President of Care Management and Disease Control at the AmeriChoice.

Mike Sortino
Mike Sortino was named as the new Chief Accounting Officer. He was formerly the Controller of the Samsung Fire and Marine Insurance Company (US Branch). Before serving at Samsung, Sortino served for more than five years as the CFO of HCC Specialty company. HCC Specialty is a managing agent for the Houston Casualty Company. His managerial experience includes 20 years in the insurance as well as reinsurance sectors and half-a-decade in public accounting.

About InnovaCare, Inc.
InnovaCare provides managed healthcare services and controls the leading health programs in Puerto Rico, the MMM Healthcare, Inc. The membership base of its clientele includes over 200,000 individuals, served by a network of more than 7500 providers. InnovaCare also conducts two Medicaid programs within the Government Health Plan of Puerto Rico, with expansive benefit coverage through a well-coordinated model. By offering the Island’s sole NCQA-accredited health schemes, InnovaCare is committed to giving members quality healthcare. It creates sustainable models of managed-care which are fully integrated, harmonized, innovative and cost-effective using advanced technologies.

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