Newsroom

November 16, 2017

InnovaCare CEO Elected to AHIP Board of Directors

— Richard Shinto, M.D., one of nine new board members to serve nation’s largest health insurance trade group — FORT LEE, N.J. — Nov. 16, 2017 — Officials with InnovaCare, Inc., a leading healthcare company offering highly integrated payor and provider services, are pleased to announce the company’s Chief Executive […]
November 6, 2017

S&P Upgrades Credit and Secured Debt Ratings for InnovaCare Subsidiary

FORT LEE, N.J. — Nov. 6, 2017 — Officials with InnovaCare Inc., a leading healthcare company offering highly integrated payor and provider services in the U.S., are pleased to confirm that Standard & Poor’s (S&P) has upgraded the counterparty credit and senior secured debt ratings for its subsidiary, MMM Holdings, […]
November 1, 2017

Two InnovaCare Plans Achieve Puerto Rico’s First 4.5-Star Ratings from CMS

FORT LEE, N.J. — Nov. 1, 2017 — Officials with InnovaCare, Inc., a leading provider of Medicaid and Medicare Advantage plans and related services, are pleased to announce that in the 2018 Medicare Star Ratings, the Centers for Medicare and Medicaid (CMS) awarded MMM Healthcare, LLC  (MMM) 4.5 out of […]
October 27, 2017

InnovaCare Raises $4 Million to Support Ongoing Puerto Rican Relief Efforts

InnovaCare Raises $4 Million to Support Ongoing Puerto Rican Relief Efforts FORT LEE, N.J. — Oct.  27, 2017 — Officials with InnovaCare, Inc., a leading provider of Medicaid and Medicare Advantage plans and related services, announced today that its ongoing hurricane relief efforts have raised more than $4 million in […]
September 13, 2017

InnovaCare Health Adds Chief Innovation Officer to Growing Leadership Team

Experienced strategist joins leading provider of managed healthcare services   FORT LEE, N.J. — Sept. 12, 2017 — Officials with InnovaCare, Inc., a leading provider of Medicaid and Medicare Advantage plans and related services, are pleased to announce Mony Weschler will join the organization’s growing leadership team in a new […]
May 2, 2017

InnovaCare Health Hires Corporate Sales & Marketing Officer

Fort Lee, N.J. – May 2, 2017 – Officials with InnovaCare Health, Inc., a leading Medicaid and Medicare Advantage organization providing healthcare-related services in Puerto Rico, are pleased to announce the company has hired Peter B. Rodes as corporate sales & marketing officer. With more than 25 years of experience […]
April 6, 2017

InnovaCare Health Executive Meets with President Trump to Discuss Healthcare

– Penelope Kokkinides one of eight women invited to the “Women in Healthcare” panel at the White House – Fort Lee, N.J. – April 6, 2017 – Penelope Kokkinides, Chief Administrative Officer for InnovaCare, Inc., a leading Medicaid and Medicare Advantage organization providing healthcare-related services in Puerto Rico, attended a […]
January 19, 2017

New Participants Join Several CMS Alternative Payment Models

Numbers demonstrate provider commitment to a health care system with better care, healthier people, and smarter spending   SAN JUAN, Puerto Rico–(BUSINESS WIRE)–Today, the Centers for Medicare & Medicaid Services (CMS) announced over 359,000 clinicians are confirmed to participate in four of CMS’s Alternative Payment Models (APMs) in 2017. Clinicians […]
November 2, 2016

PRESS RELEASE: InnovaCare, Inc., Receives Extension from Lenders

FORT LEE, N.J. — November 2, 2016 — InnovaCare, Inc., a leading provider of Medicare and Medicaid healthcare insurance services, announced today that it has entered into an amendment with its lenders to extend the maturity of the Company’s outstanding indebtedness. Under the terms of the agreement, the maturity of […]
October 25, 2016

InnovaCare Subsidiary Selected for “Case Studies in Excellence” by CAPG

Fort Lee, N.J. – October 25, 2016 – Officials with InnovaCare, Inc., a leading Medicaid and Medicare Advantage organization providing healthcare-related services in Puerto Rico, are pleased to announce one of the organization’s subsidiaries, MSO of Puerto Rico, has been included in the California Association of Physician Groups’ (CAPG) annual […]
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