Rick Shinto and his influence on the success of InnovaCare

Rick Shinto points out that the success of InnovaCare Health Solutions is a result of the company’s teamwork practiced by the group of highly trained individuals who are in the company. Rick Shinto serves as the company’s president and CEO. He asserts that his staff is motivated to ensure the growth and development of the InnovaCare in efforts to provide health care plans. The motivation of staff is possible through the creation of working relationships that are healthy, well-defined objectives and proper communication in the organization and with the customers.


The main objective of the InnovaCare is to bring a change to the way services are provided in the healthcare management industry. The company aims at expanding into other markets and improving the all-round benefits to the clients without considering their financial or physical wellbeing. One of the driving forces behind the growth of InnovaCare is the leadership skills of Rick Shinto as the CEO and Penelope Kokkinides who serves as the Chief Administrative Officer. Both deal with the packages that are issued by InnovaCare like the Medicaid and Medicare packages. Under the leadership of Rick Shinto, InnovaCare has grown tremendously in terms of memberships which has raised up to 200,000 members.


Rick has over twenty years working in the healthcare industry in capacities of leadership and technical expertise in the administrative and clinical healthcare. Rick Shinto is graduate from the University of California where he earned his B.S degree. He earned his medical degree from the State University of New York and also attended the University of Redlands, where he earned his MBA. Dr. Shinto served as a pulmonologist in Southern California. He has also worked in Cal Optima Health Plan, AvetaInc, Medical Pathways Medical Company and NAMM California as both the clinical and management expert.


Dr. Shinto expects the company to expand into new markets and be able to come up with improvements that will at the end benefit the patients. Immediately after being hired as the CEO in 2012, people started viewing Dr. Shinto as the man who inspires his staff to give their all in the workplace. The InnovaCare makes it more affordable for the average person to visit the Doctors office. The use of technology has made it easier for more residents of Puerto Rico to have access to improved medical care with no loss of service or quality. In the country, over 70 percent of the residents have opted to use InnovaCare as their medical care plans as compared to other insurance companies.


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.



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.