InnovaCare Health Services was created in 1998 by Dr. Richard Shinto, the self-named President and Chief Executive Officer of the managed care provider and insurer. Eight other executives lead the company from the C-suite:
- CIO – S. Bhasker
- Chief Experience Officer – Nicole Cable
- COO – Michael Holohan
- Chief Actuary Officer – Meyers
- Chief Administrative Officer – Penelope Kokkinides
- Chief Accounting Officer – Michael Sortino
- Chief Innovation Officer – Mony Weschler
- CFO –Douglas Malton
Penelope Kokkindies, one of few to work for InnovaCare Health two times
Ms. Penelope Kokkindies was first at InnovaCare Health in 2006. Penelope stayed six years – until 2012. She came back in 2015 and has been on a 40-odd-month tear, equivalent to three-and-a-half years.
Kokkindies is currently InnovaCare Health’s Chief Administration Officer, similar to the responsibilities of COO, a position she held from 2006 to 2012.
Penelope has also served Aveta Inc. as its Chief Operating Officer. Before that, she was the Vice President of Clinical Operations. Throughout her career, Ms. Kokkindies has spent more than 25 years in the field of healthcare.
Some more of her most recent, noteworthy jobs were at Centerlight HealthCare, where he doubled as its Executive Vice President and COO. Touchstone Health and UnitedHealth Group’s AmeriChoice had also hosted Ms. Penelope Kokkinides as their COOs. She has one undergraduate degree, but took up two separate master’s degrees and took a post-master’s program to complete her fourth college certificate.
There are two parts of InnovaCare Health’s revenue stream. Both are in the United States, though one-half of its operations are based in Puerto Rico. MMM Holdings has about five to 10 subsidiaries under its belt.
Shinto has worked more places than most people could imagine. He’s been the NAMM of California’s CEO, the same position for Aveta, Inc. MEdical Pathways Management Company had Dr. Richard Shinto as their COO and Chief Medical Officer. He later moved on to be a corporate vice president of MedPartners between 1995 and 1997. Afterward, he ventured off to Cal Optima Health Plan.
Dr. Shinto’s experience and expertise have won him spots on the board of AHIP, America’s Health Insurance Plans, and on a board within the California Department of Managed Care. He’s got both a master’s in business administration and a license to practice medicine.