Penelope Kokkinides is the chief administrative officer of InnovaCare Health Solutions which is leading Medicare and medical organization which provides healthcare-related services in Puerto Rico.
She has been serving as CAO since August 2016. She has also held the post of Chief Operating Officer in the same organization serving from September 2006 to 2012. She worked in the organization as the vice president of the clinical operations department before becoming the chief administrative officer.
Kokkinides has worked in Americhoice, a unit of the united health group. Here she served as the corporate vice president for care and management and disease management. She then proceeded to serve as the chief operating officer for Aveta.
She was also the chief operating officer at Touchstone health. She has also been the executive vice president and chief operating officer for Centerlight Healthcare where she oversaw overall management of the organization.
Penelope graduated with B.S in biological sciences and classical languages from the State University of New York at Binghamton. She then joined the New York University for a master’s degree in social work. She then proceeded to do her second master’s degree, specializing in public health at Colombia University.
United States president Donald Trump invited eight women to a panel at the Whitehouse to discuss health affairs. The Women in Healthcare Panel comprised of Penelope Kokkinides among other executives in medicare organization.
During the meeting, Kokkinides brought up the importance of increased funding by the United States for Medicare in Puerto Rico. The US government funding for Medicare advantage in Puerto Rico had been observed to have dropped since the year 2011 by a large amount of over one billion dollars annually.
Puerto Rico’s administration had been considering to make changes to Medicare advantage systems which would aid them to come out of the bad situation they were in already. She pointed out fixing the cuts was the right thing to do and that if not, the Medicare system in Puerto Rico would collapse.
The failure would bring about citizens of the island nation to flee to the United States where affording medicare would be much harder since Medicare costs are much higher.
Innovacare’s two subsidiaries PMC Medicare and MMM Healthcare alone serve more than half a million people showing just how vital it was. After the meeting in the final notice, favorable adjustments occurred for the healthcare systems of Puerto Rico.