The healthcare industry is going through numerous changes. New technology allows people to live longer than ever before. However, the vast majority of people experience poor health as they get older.
As the cost of care rises, many healthcare companies have plans to offer value-based care to patients.
InnovaCare Health providers affordable healthcare options for thousands of patients around the world. The company is an excellent example that businesses can provide affordable healthcare that meets the needs of patients.
Rick Shinto currently serves as the CEO of InnovaCare Health. Since he became CEO, the company has expanded in numerous ways. Not only does the company operate in more areas than before, but the business is more profitable than previous years.
Rick is a unique CEO because he did not start his career in business. He spent over two decades as a medical doctor. During his career as a doctor, he earned multiple awards for his work.
After deciding to change career paths, Rick decided to earn an MBA. While attending college for an MBA, he was able to learn the basic principles of operating a successful business.
Penelope Kokkinides is the Chief Administrative Officer of InnovaCare Health. She previously worked for the company for nearly a decade. Her most recent position was in an executive role at another major healthcare company.
Penelope is in charge of the operations of the business. Her responsibilities include managing employee turnover and improving morale. When she started at InnovaCare Health, the company had a high employee turnover rate. She decided to change how employees received compensation. She convinced the leadership team to offer performance incentives to all employees.
After this change, employee turnover dropped drastically. Penelope is proud of her work at the company so far, but she understands she must continue improving the operations of the company.
The company is in a strong financial position for 2019. Some investment analysts speculate that the company could purchase another healthcare company. Rick Shinto wants to keep the company expanding.