Leadership - InnovaCare Health
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With more than 120 years of combined experience in managed care and care delivery,

our leadership team consists of preeminent experts with proven records of helping healthcare organizations effectively meet and surpass the growing demands of our industry. By leveraging the collective administrative and operational expertise of our team, our partners can be confident that their value-based model is capturing every opportunity for improved quality, engagement and margins.

Leadership

Richard Shinto, M.D., MBA - President and Chief Executive Officer

Dr. Richard Shinto is President and Chief Executive Officer of InnovaCare Health, an integrated healthcare company dedicated to improving lives through value-based care. Dr. Shinto has more than 25 years of clinical and operational healthcare experience in managed care, with a proven track record of innovative, physician-led care models that improve quality, patient satisfaction and financial performance.

Dr. Shinto serves as CEO of InnovaCare’s subsidiaries in Puerto Rico through MMM Holdings, which includes MMM Healthcare, the island’s oldest and largest Medicare Advantage plan, managing more than 250,000 lives.

From 2008 until its sale in 2012, he served as President and CEO of Aveta Inc. Prior to that position, he served as CEO of NAMM California. Before joining NAMM, Dr. Shinto was the COO and CMO for Medical Pathways Management Company. He served as Corporate Vice President of Medical Management for MedPartners from 1995-1997, before he left to become CMO for Cal Optima Health Plan, a Medicaid plan based in Orange County, Calif. Dr. Shinto began his medical tenure as an internist and pulmonologist practicing in Southern California.

In 2017, Dr. Shinto was elected to serve on the board of directors for America’s Health Insurance Plans (AHIP), the industry’s largest trade association. He also serves on the Board of Directors for America’s Physician Groups (formerly CAPG), the leading association representing physician organizations practicing the delegated coordinated care model. He has served on other healthcare-related boards including the Financial Solvency Standards Board for California Department of Managed Care.

The author of several articles on healthcare and clinical medicine, Dr. Shinto received his B.S. from the University of California at Irvine, his medical degree from the State University of New York at Stony Brook and an M.B.A. from the University of Redlands.

S. Bhasker - Chief Information Officer

As Chief Information Officer for InnovaCare, S. Bhasker is responsible for the management of the Business Technology Services for the organization comprising the Information Technology department and Providers Connectivity Unit. Bhasker is an experienced professional in the Information Systems area. His background includes well-known global organizations such as Aetna International, Inc., United Nations Development Programme, Coopers & Lybrand, and American Enterprise Group.

He holds a Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology and a Master’s degree and Ph.D. in Business Administration from New York University’s Stern School of Business.

Nicole Cable, CPXP – Chief Experience Officer

Nicole Cable has served in the Chief Experience Officer of InnovaCare. Cable served in a number of executive roles, including as the Corporate Director of Patient Experience Programs for the ChenMed family of companies. In her Miami-based role, she was responsible for designing, implementing and evaluating programs to enhance patient experience.

She has also served as the Director of Patient and Guest Experience at University of Maryland Laurel Regional Hospital, the largest provider of healthcare services in Prince George’s County, Md. She was responsible for overseeing and managing strategies targeted to outstanding guest experiences.

Cable earned her Bachelor of Science at Excelsior College in 2017.

Penelope Kokkinides - Chief Administrative Officer

Penelope Kokkinides is currently the Chief Administrative Officer at InnovaCare. She rejoined the company in June of 2015. Previously, Kokkinides had served as Chief Operating Officer of InnovaCare and Chief Operating Officer of Aveta Inc., as well as Vice President of Clinical Operations. Kokkinides has more than 20 years of health care experience specializing in government programs and the managed care industry. She has extensive knowledge and expertise in developing clinical programs and managing health care processes and operations with a focus on improving efficiencies and organizational infrastructure.

Prior to rejoining InnovaCare, Kokkinides served as Executive Vice President and Chief Operating Officer for Centerlight HealthCare, where she was responsible for overall management and strategic direction of the managed care division. Other roles include Chief Operating Officer of Touchstone Health and Corporate Vice President for Care Management and Disease Management at AmeriChoice, a business unit of UnitedHealth Group, where she was instrumental in developing and implementing the company’s health model.

Kokkinides holds a bachelor’s degree in biological sciences and classical languages from Binghamton University; a master’s degree in social work from New York University and a post-master’s program advanced degree in alcohol and substance abuse, and a master’s degree in public health from Columbia University School of Public Health.

Douglas Malton - Chief Financial Officer

Douglas Malton currently serves as the Chief Financial Officer of InnovaCare.  Prior to joining the company he served Aveta Inc. in a number of senior management roles from the company’s founding in 2004, most recently as Chief Financial Officer, until its sale in 2012.

Prior to serving at Aveta, Malton was a member of the Straus Group where he focused on investing in the healthcare services sector. Prior to that, he spent more than seven years as an investment banker with Citigroup and Oppenheimer where he concentrated on debt and equity capital markets, and mergers and acquisitions.

He is a graduate of the University of New Hampshire and the University of Connecticut.

Jonathan A. Meyers, FSA, MAAA - Chief Actuary Officer

Jonathan Meyers is the Chief Actuary Officer of InnovaCare. He has more than 20 years of experience in all facets of Managed Care, including Pricing, Reserving, Contracting and Clinical Risk Analytics.

Before joining InnovaCare, Meyers served as the Director of Actuarial Services, Medicare and Medicaid for Horizon BCBS, the largest carrier in New Jersey. Prior to Horizon, he was the Chief Actuary at HealthCare Partners in New York, a Division of Heritage Medical Systems as both the CFO and VP of Managed Care at various times. HealthCare Partners is a Full Delegated MSO with an IPA that manages risk from Health Plans for all lines of business throughout NY with a focus on Long Island, Westchester and the 5 Boroughs of New York City. He has also provided Employee Benefits Consulting to large Employers and Unions, including SEIU 1199, International Paper, AXA Financial, Johnson & Johnson and Northwell Health (formerly North Shore-LIJ Health System), giving insight and strategic advice to Senior Executives on positioning of Healthcare Benefits for employees and retirees.

Meyers is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries and an Honors Scholar Graduate of the University of Connecticut.

Michael J. Sortino, CPA - Chief Accounting Officer

Mike Sortino is the Chief Accounting Officer of InnovaCare. He was previously the Controller of Samsung Fire & Marine Insurance Co., Ltd. (U.S. Branch). Prior to Samsung, Sortino served for over five years as the Chief Financial Officer of HCC Specialty, a managing general agent for Houston Casualty Company. His experience includes more than 20 years in the insurance and reinsurance industries as well as more than five years in public accounting.

Sortino earned a Bachelor of Science in Business Administration from the University of Vermont and he is a Certified Public Accountant.