InnovaCare is Puerto Rico’s largest provider of Medicaid and Medicare Advantage Plans comprised of several healthcare-related services. According to Richard Shinto, InnovaCare’s Chief Operating Officer, InnovaCare has recently integrated three executives to its leadership team as part of its long-term growth strategy. The three officials include Jonathan Meyers, Penelope Kokkinides, and Mike Sortino.
Meyers serves as the current InnovaCare’s Chief Actuary Officer. Initially, he served as Horizon BCBS’ Director of Actuaries Services. Horizon BCBS is the largest carrier company in New Jersey. He also served as HealthCare Partners’ Chief Actuary. Here, Meyers alternated as both the VP and CFO of Managed Care on wvalways.com. Alongside his profession, Jonathan Mayers would advise large employers and unions such as International Papers, Johnson & Johnsons, and AXA Financial regarding healthcare benefits for employees and retirees.
With over 20 years specializing in government programs, Medicaid and Medicare plans and managed care industry, InnovaCare appointed Penelope Kokkinides as its Chief Administration Officer. Penelope Kokkinides is seasoned in developing clinical programs and overseeing various healthcare processes to improve efficiency and organizational infrastructure. Before joining InnovaCare, Penelope served in several executive roles such as the Vice President and Chief Operating Officer of Centerlight Healthcare. At Centerlight Healthcare, Penelope would manage and provide strategic direction in the managed care unit. She also served as the Chief Operating Officer of AmericaChoice, an affiliate business unit of UnitedHealth Group. Here, Penelope was instrumental in the development and execution of the company’s health model.
Innovacare Health has named Mike Sortino as its Chief Accounting Officer. Previously, Sortino served as Samsung Fire & Marine Insurance Company’s Controller. Before joining Samsung, he served as HCC Specialty’s Chief Financial Officer. HCC Specialty is an agent of Houston Casualty Company. Additionally, Mr. Sortino has over two decades of experience in the insurance and reinsurance sectors as well as over five years working as a public accountant.
According to Rick Shinto, the appointed Jonathan, Penelope, and Mike reflects InnovaCare’s commitment to maintaining a high level of expertise and professional integrity in its leadership. Each of the named executives comes with an added layer of expertise and skills inevitable for placing InnovaCare strategically amid increased competition.
About InnovaCare Health
InnovaCare is the leading healthcare services provider in Puerto Rico operating two Medicaid and Medicare Advantage plans. These healthcare plans include PMC Medicare Choice and MMM healthcare. With over 200,000 subscribers, InnovaCare has over 7,500 agents providing various healthcare-related services.