Innovacare Health is a health insurance company that offers medical care to patients in North America. The main goal of this firm is to meet the needs of the customers and ensure that patients are getting the best services available. The emphasis is on quality over quantity in the implementation of the firm’s programs. The company has also been working on the solutions that are affordable and which comes integrated with the most recent technologies to create efficiencies in the industry. In 2016, InnovaCare Health joined the healthcare payment learning and action network which is a new payment model introduced by the federal government and aimed at streamlining the healthcare system by bringing a single payment system. Innovacare Health has embraced this system since it helps them in the realization of the goal which they have been pushing for and which is the provision of high-quality services as opposed to quantity.
One of the main missions of the LAN model is to accelerate the transition to alternative models of payment. The US department of health and human services created this payment so that it can bring together the private and public health sectors into one unit and allow residents of the United States to access better services.
Innovacare Health is a top provider of managed healthcare services and currently under the leadership of CEO and President Rick Shinto and chief administrative officer Penelope Kokkinides. There is a hardworking team of other executives who are working behind these two to ensure that the goals of the firm are accomplished. Penelope and Shinto have both been in the medical industry for a very long time and boasts of over 20 years of experience each. InnovaCare deals with the provision of health plans such as Medicare Advantage and Medicaid which have been in existence for years now.
Rick Shinto has enjoyed success in this industry throughout his career. Has worked in the clinical and operational healthcare and therefore understood what the industry needs as a unit. Due to his achievements, he has won the entrepreneur of the year award from Ernst & Young in 2012. He was recognized for applying Innovative Solutions in the process of attaining entrepreneurship goals. Among other organizations which he worked for before joining InnovaCare in 2012 are Aveta Inc, Cal-Optima Health Plans, North American Medical management among others.
Rick Shinto holds a bachelor’s of science from the University of California Irvine and a medical degree from the State University of New York at Stony Brook. To understand management roles deeply, Shinto joined the University of Redlands and graduated with a masters in business administration.