Penelope Kokkinides is the current Chief Administrative Officer (CAO) of Innovacare, Inc. Before becoming the CAO, she had been the Chief Operating Officer (COO) in the organization and COO of Aveta Inc. She had served as Clinical Operation’s Vice- President. Penelope has over 20 years’ experience in healthcare, specializing in the managed care industry and government programs. Her knowledge and skills spread over clinical programs development and healthcare management processes, with a bias in organizational infrastructure and efficiencies improvement.
Before rejoining Innovacare Healthcare in 2013, she was Chief Operating Officer and Executive Vice President of Centerlight Healthcare, overseeing management as well as strategic direction of the managed care department. Penelope has worked at Touchstone Health as COO and at Americhoice as Corporate Vice President, heading Care Management and Disease Management. Americhoice is UnitedHealth Group’s business unit where Penelope developed and implemented the firm’s health model.
Penelope Kokkinides has a bachelor’s degree from Binghamton University where she studied classical languages and biological sciences. She holds a master’s degree from New York University where she specialized in social sciences and a public health master’s degree from the School of Public Health of Columbia University. Kokkinides studied substance and alcohol abuse in a post master’s degree program.
Recently, Penelope attended a White House meeting in which she discussed with President Trump and the CMS administrator, Seema Verma, on legislation of federal healthcare. In the session, Penelope deliberated with Seema and Trump on the importance of increasing Medicare Advantage funds in Puerto Rico. Since 2011, the federal funding for the Medicare Advantage had been reduced in Puerto Rico and had continued to drop over the last few years. Penelope affirmed her hope in the current administration that it would consider adjusting the payments for Medicare Advantage to facilitate their coming out of the predicament. She said that solving the federal funding cuts issue would not only be doing the right thing but also a responsible thing.
Medicare Advantage is the most famous plan in Puerto Rico, and Innovacare Heath has about 560,000 beneficiaries. The White House meeting focused on women’s significance in the healthcare sector. President Donald Trump recognizes that women play a crucial role in the American healthcare profession being that many are nurses and doctors. The meeting concluded with Seema Verma offering extremely favorable adjustment for the healthcare industry in Puerto Rico, which for Penelope was the administration sector’s significant contribution.