In the world we live in, health and wellness are the most important things to us. We want to be healthy so we can live our days with our loved ones as long as we can. The first step ensuring we’ll be for a long time in healthcare. InnovaCare Health provides citizens with Medicare Advantage plans and physician practice services in Puerto Rico. Kokkinides is the Chief Administrator Officer at InnovaCare Health.
Penelope Kokkinides has over two decades of experience of healthcare experience. She specializes in government programs. This includes Medicare and Medicaid. She is considered to be an expert in creating clinical programs. Meaning she would rather do close observation and treatment on actual patients, instead of referring to knowledge based on lab studies. Her main focus is to improve efficiencies and to have an organizational infrastructure.
Penelope also has a long track record. She served as Executive Vice President and Chief Operating Officer. She served these at Centerlight HealthCare. At this position, she was accountable for the overall management and direction of the managed health division. She also served as the Chief Operating Officer of Touchstone Health and the Corporate Vice President at AmeriChoice. AmeriChoice was a subsidiary of UnitedHealth Group. Here, Kokkinides was focused on developing the company’s health model.
Since 2011, the federal funding in Puerto Rico for Medicare Advantage dropped by the yearly amount of over one billion dollars. The current administration is considering changing Medicare Advantage payments to get out the rut that Puerto Rico is in. Penelope says that is not only the right thing to do, but the responsible thing to do. Penelope Kokkinides elaborates and says if the Medicaid system goes under in Puerto Rico, many people may leave the island for the United States. There Medicaid could be three or four times higher in price.
They have private plans like MMM HealthCare and PMC Medicare Choice. These are two of InnovaCare’s subsidiaries. As a whole the business caters to over 560,000 beneficiaries. Days after the meeting with President Donald Trump; the CMS made adjustments that were fairly reasonable to Puerto Rico’s Healthcare system. Penelope Kokkinides and her team, InnovaCare, are truly the innovators of Healthcare.