Ms. Penelope Kokkinides is the current Chief Operating Officer at the InnovaCare Health Solutions, LLC. She was the Chief Operating Officer of Aveta Inc. as from September 2006 to 2012. Ms. Kokkinides was the Chief Operating Officer of Touchstone Health HMO, Inc from July 2008. She has more than 20 years of experience in healthcare specializing in the managed care industry and government programs. Before her service in Aveta, she was the Corporate Vice President for Disease Management and Care Management at AmeriChoice, which is a unit of the United Health Group, and her presence was essential in the development and implementation of the healthcare model.
Ms. Kokkinides attended the State University of New York at Binghamton where she received her Bachelor of Science in biological sciences and classical languages. She completed her Master’s Degree in Social Work at New York University and attained her second Master’s Degree in Public Health at Columbia University.
InnovaCare is a leading Medicaid and Medicare Advantage group which provides healthcare-related services in Puerto Rico. On a Wednesday, March 22, the group was recently at the White House in a meeting with CMS Administrator Seema Verma and US President Donald Trump discussing federal healthcare legislation. Ms. Kokkinides was among eight women with the invitation to the panel as well as other executives with professional caregivers. She was able to highlight the importance of increased funding towards Medicare Advantage in Puerto Rico. The federal funding for the city of Puerto Rico for Medicare Advantage has dropped significantly by $1 billion annually since 2011.
The current regime is considering changes to Medicare Advantage payments through CMS that could assist in the rescuing them from the predicament they are. Medicare Advantage is the most popular plan in the island, thanks to the InnovaCare subsidiaries such as MMM Healthcare and PMC Medicare Choice, the organization assists over 560,000 beneficiaries. The primary topic of discussion in the meeting was the importance of women in healthcare. InnovaCare has committed itself to the provision of quality healthcare to its members by establishing models of coordinated managed care, innovative, fully integrated with the latest technologies while at the same time cost-effective. InnovaCare subsidiaries include the MMM Healthcare, Inc. and PMC Medicare Choice, Inc. and also manage two Medicaid plans in the GHP (Government Health Plan) of Puerto Rico.CMS adjusted the Puerto Rican healthcare network in their favor few days after the meeting with President Donald Trump.