Jim Tananbaum, Billionaire Founder of Foresite Capital

Since 2011, Jim Tananbaum has been the CEO and founder of Foresite Capital. Jim has close to 25 years experience in the healthcare investment and entrepreneurial sector. Jim mainly focuses on financial, strategic, and operational opportunities to assist him in the construction of franchise healthcare companies. As a result, Jim has been the chief architect of the company’s investment strategy and organization structure as well as numerous portfolio companies. According to Jim, it is important to note that the healthcare is ever changing; therefore, there is a need to invest in that sector consistently.

Background Information on Foresite Capital

Foresite Capital is a privately held healthcare and equity company that mainly specializes in the identification of top emerging leaders in the health care industry. According to pelotontherapeutics.com, the company primarily invests in the most innovative and leading health care industries and offers growth capital to health care providers that are emerging in both the public and private sectors. With an asset value of 1.1 billion dollars, Foresite Capital has sponsored various latest investments such as Juno Therapeutics and Intarcia, a type II diabetes implant designed to help patients control their diabetes levels and weight.

About Jim Tananbaum

Jim is the man behind the success story of various healthcare investments such as Amira and Jazz Pharmaceuticals. These health care investments have paved the way for him to be named by Forbes on the Midas List of Top Tech Investors for three years consecutively, reports INC42. Jim has also served as the founding partner at two health care firms known as Prospect Venture Partners II and III Sierra Ventures.

Jim obtained an M.B.A and M.D from Harvard Business and Medical Schools respectively. In addition, he graduated from Yale University with a B.S. and B.S.E.E. and B.S major in electrical and science engineering. Jim also holds an M.S. from the Massachusetts Institute of Technology (MIT). Over the years, Tananbaum has served on advisory boards for the MIT HST program at Harvard. He has also had the opportunity of being mentored by some academicians such as George Whitesides from Harvard University, Rick Levin from Yale, and Roy Vagelos from Theravance. His interaction with these academicians has led to the establishment of productive and long-term relationships which have given him new and better insights in the health care sector.

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The Stellar Of Success for Innovacare Health Thanks to Rick Shinto

InnovaCare Health is a Puerto Rico-based healthcare provider of physician practices and Medicare Advantage plans, for instance, PMC Medicare Choice Inc. and MMM Healthcare Inc. The health plans were given an NCQA accreditation, in 2011, for offering high-quality medical plans. The company is devoted to providing its customers with quality medical care. Further, it has a team of experts who are responsible for its growth and current stability. Moreover, Rick Shinto, the celebrated CEO of InnovaCare Health, believes that teamwork has been a key value for the company’s success. InnovaCare Health’s growth is attributed to proper communication, a clear vision, and good working relationships.

The Contributions of Rick Shinto to InnovaCare Health

Rick plays a vital role in the leadership of InnovaCare as the president and celebrated CEO. He incorporates his leadership and technical experience from clinical and operational healthcare. Rick’s appointment, in 2012, has significantly enhanced the company’s success since he has gained a reputation of inspiring people to work.

Currently, the citizens of Puerto Rico have easier access to better and affordable medical services. InnovaCare Health’s use of advanced technology has also helped customers to purchase cheaper options that have high quality. As a result, InnovaCare Health has earned many Puerto Rican residents who prefer to access their medical plans in the company compared to the insurance companies. Read more about Rick at PHP PG ADS

Career Experiences of Rick Shinto

Rick Shinto previously worked at Aveta Inc. where he obtained the Ernst & Young Entrepreneur award of the year. Moreover, the award was for those individuals who exercised dedication to succeed through financial performance, innovative insights and giving back to the communities. Prior to joining Aveta Inc., Rick served at (California) NAMM as the Chief Medical Officer (CMO). Before that, he was Medical Pathways Management Company’s talented CEO and CMO.

Rick is an academic scholar where he holds a B.S. from the well-known University of California. He was a student of the University of New York where he got his medical degree. Rick also has an M.B.A. from the famed University of Redlands. He is also a renowned author of many articles on healthcare issues and clinical medicine. Learn more about Rick on xrepublic.net

Penelope Kokkinides

Penelope Kokkinides is one the three professionals who were added to the leadership of InnovaCare Health. She has proven to be a valuable and efficient leader as the company’s new Chief Administrative Officer. Penelope previously served at Aveta, Inc. as the Chief Operating Officer as well as the gifted Vice President of the Clinical Operation.