Category: Corporations

InnovaCare Is Doing Well With Rick Shinto Still

InnovaCare Health is a provider of managed healthcare throughout North America. Founded in 1998, the managed service provider has been headed by founder Rick Shinto, a physician-and-CEO combo, from the jump.

New C-suiters hired by InnovaCare Health in 2018

Brand-new vice president of sales and marketing Peter Zafris left InsightinHealth in May 2018. Mr. Zafris also was a part of leadership in major insurance companies UnitedHealthcare, Cigna, and Blue Cross Blue Shield.

Now-former consultant Frank Izquierdo is now InnovaCare Health’s vice president of developing networks and contracts. Much like Peter, Izquierdo comes from a background of other healthcare companies. Mr. Izquierdo hangs upwards of 25 years of healthcare management from his belt.

Penelope Kokkinides celebrates three-and-a-half years with InnovaCare

Ms. Kokkinides boasts more than two decades of Medicare-related experience and roster spots at Centerlight HealthCare, Touchstone Health, and Americhoice. Penelope Kokkinidea has a whopping four degrees, which includes graduation from Columbia University’s School of Public Health and New York University.

42 months ago, in June 2015, Penelope Kokkinides was welcomed back to InnovaCare, the chief administrative officer of InnovaCare Health. She had previously been with InnovaCare for a six-year stint, ending in 2012 as its chief operating officer.

Kokkinides’ resume includes stays as EVP and COO of Centerlight HealthCare, among the C-suite members of UnitedHealth Group’s subsidiary AmeriChoice, and COO of Touchstone Health. She’s got two master’s degrees, a post-masters-but-not-doctorate degree, and two bachelor’s certificates from Binghamton University that weren’t related to her envy-causing career.

InnovaCare Health and its Peurto Rican holdings

MMM Holdings is a subsidiary of InnovaCare that is based in Puerto Rico. MMM of America is InnovaCare’s one shot at the contiguous United States. MMM Holdings has several subsidiaries, all of which are spread across HMO/PPO plans, HMO-Medicaid, and management services.

InnovaCare picked up the Puerto Rican MMM Healthcare in 2011. In 2012, InnovaCare Health Solutions was headed up as the new face of the organization.

The team as a unit

InnovaCare’s uppermost ring of executives collectively boasts upwards of 125 years working in either managed healthcare or medical supply product delivery.

https://www.crunchbase.com/person/rick-shinto

GreenSky Credit creates new lending model for retail consumers

David Zalik is a name that few Americans know. He first came to the country at age three when his parents immigrated from Israel. Zalik proved to be a child prodigy throughout his formative years, graduating from high school at the age of just 12.

Zalik attended the University of Auburn where he demonstrated that he could keep up with much older students. But he quickly grew bored with academic life, eventually dropping out at the age of 14 to found his own company.

Over the next two decades, Zalik would go on to found and sell off a large number of companies, ending up with a considerable fortune by the time he was in his early 30s. It was then that he first conceived of the idea for GreenSky Credit.

Bridge financing at the retail level

Zalik had accumulated a great deal of experience within the home improvement space. He had noticed that a number of the most prominent players in this industry were losing a great deal of business. The nature of the problem, Zalik saw, was that customers were ending up thinking that their home improvement projects would come in at a far lower cost than the actual estimate ended up being.

Zalik asked why it wouldn’t be possible to extend these retail home improvement customers the same kinds of bridge financing opportunities that are available for some of the biggest real estate developers. After all, Zalik saw that the kinds of projects being done by high-end home improvement customers were very similar to the kind of projects that real estate development firms did every day. And the costs, while not as high as commercial projects, were often high enough that they left average home renovation customers with no viable way of financing their projects.

This was the impetus behind the creation of GreenSky Credit. GreenSky Credit is dedicated to providing high-end home improvement customers with loans up to the six figures at the point of sale. GreenSky has partnered with some of the top banks in the country. And GreenSky customers often have to make no payments on the loans for an entire year.

https://greensky.secure.force.com/portal/MerchantLogin