Rick Shinto and Penelope Kokkinides: Leaders at InnovaCare Health

Dr. Rick Shinto has more than two decades of experience in clinical and operational healthcare. Dr. Shinto is the CEO of InnovaCare Health, and he is the CEO of InnovaCare Health’s subsidiaries in Puerto Rico. He was employed at Aveta Inc. from 2008 to 2012, and he was also employed as the CEO of NAMM. In addition, Rick Shinto was the CMO and COO for Medical Pathways and Vice President at MedPartners. He also worked at Cal Optima Health Plan, which is a Medicaid plan in Orange County, California, as the CMO. In 2017, he became a member of the board of directors at America’s Health Insurance Plans, which is the largest trade association in the healthcare industry. He was named a Top Minority Executive in 2018 and Entrepreneur of the Year in 2012

Penelope Kokkinides

Ms. Kokkinides serves at InnovaCare Health as the Chief Administrative Officer. She also worked as the Chief Operating Officer (COO) at InnovaCare Health and the COO and VP at Aveta Inc. She also served as Executive VP and Chief Operating Officer at Centerlight HealthCare, the COO at Touchstone Health, and Vice President for Disease Management and Care Management at AmeriChoice, which is a unit of UnitedHealth Group. At AmeriChoice, she was a key player in the development and implementation of the corporation’s health model. Ms. Kokkinies has over 20 years of experience in the managed care industry, and she also has extensive experience working with government programs that include Medicare and Medicaid. Ms. Kokkinides has a bachelor’s degree in biological sciences, a bachelor’s degree in classical languages, a master’s degree in public health, and a post-master’s program advanced degree in substance and alcohol abuse.

About InnovaCare Health

InnovaCare Health is a top provider of managed health care services and is headquartered in New Jersey. The company offers care solutions through Medicare Advantage and Provider Networks. The mission of the company is to provide quality healthcare through affordable and sustainable models. The company has more than 200,000 registered members and 7,500 providers. The Centers for Medicare and Medicaid Services gave the corporation’s Medicare Advantage plans 4.5 star quality ratings, and its Medicare Advantage plans also earned the highest accreditation from the NCQA.


https://changemindchangefuture.org/index.php/2018/03/09/rick-shinto-and-penelope-kokkinides-provides-leadership-through-managed-healthcare-plans/

GreenSky has proven ready for public trading

One of the well-known rules of the tech space is that companies should never be brought public until their owners are absolutely sure that those firms will be able to effectively deal with the radically different pressures that being public produces. Among the most serious problems is the constant pressure to hit quarterly guidance and meet short-term investor expectations.

Companies in the tech field that are not carefully guided throughout their formative years run the risk of being derailed and eventually sunk by the pressures that going public subject them to. Without the massive latitude and autonomy that staying private grants, many tech companies have gone public too soon and proven that they were not ready to face the market-force winds produced by public ownership.

GreenSky takes the plunge

In May, GreenSky decided to finally take the plunge and become a publicly traded firm. The company had been growing for 12 years. And CEO David Zalik thought that the time had come for the company to go public.

Unlike many of GreenSky’s closest competitors, like Lending Club and OnDeck, the company had largely matured early in its trajectory. Although the firm has experienced fantastic year-over-year growth, its business model has remained largely unchanged since its first year of operations, further adding to the likelihood that it would be able to successfully make the transition from private to public.

While Zalik retained the majority of ownership in the company, GreenSky was still able to raise nearly $1 billion in the IPO. Much of that money was used to buy out some of the initial investors, who were getting impatient to take some of their chips off the table.

Since the IPO, GreenSky has proven that it has what it takes to continue its strong trajectory of growth as a public company. It did nearly $4.5 billion in loans in 2017. And the company expects to surpass that number in 2018 by a wide margin. GreenSky currently ranks as one of the most successful companies in the fintech space, with a potential market that is still many times larger than the one that the company currently serves.

https://finance.yahoo.com/q?s=GSKY