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As most people are aware, healthcare costs in America are skyrocketing. This has resulted in $933 billion more being spent on people’s healthcare in 2013 versus back in 1996. The care today is much better than even back then but it’s also a lot more intense and costly. A lot of it is also being driven by there being a lot more people in the United States and more people living much longer than people tended to years ago.

Two of the areas that people are spending much more money is to treat diabetes as well getting treatment for neck and low back pain. The increase in spending on diabetes is mainly attributable to expensive pharmaceuticals to manage it. While more people aren’t experiencing back and neck pain more people are doing something about it by getting medical treatment of their condition. This has resulted in a lot more healthcare spending.

Annual spending on healthcare now stands at $697 billion. There had been efforts to reduce this but to little avail so far. One person in the industry said that the amount spent on healthcare each day has gone through the roof despite the best efforts of those concentrating on reducing the costs. One justification for this is that even though drug prices are higher than ever they keep people out of the hospital, which isn’t really the case.

Eric Lefkofsky is one person trying to reduce the cost of healthcare in regards to cancer treatment. The company he co-founded, Tempus, Inc., helps doctors personalize cancer care. His company collected a huge amount of molecular and clinical data that it developed into a database for use by cancer doctors. As it is DNA-based it cuts out a lot of the guesswork on what treatment will work best for each patient, reducing the costs and achieving better patient outcomes.

As a longtime entrepreneur, Eric Lefkofsky is well acquainted with big ideas like Tempus and how to run the company. He has also founded or co-founded other big companies in the past such as Groupon. He sees problems that technology can address and then effectively builds companies around the solutions.

InnovaCare focuses on providing sustainable health care programs that are innovative, coordinated, cost-effective and of high quality. The firm is under the leadership of expert business and medical practitioners. Dr. Richard Shinto serves as the organization’s chief executive officer and president. Before joining InnovaCare, Richard was the president and ceo Aveta Incorporation from 2008 until its sale in 2012. Dr. Shinto earned his Bachelor’s degree in science from the University of California situated in Irvine. He then joined the State University of New York to pursue before signing up for a Masters in B.A from the University of Redlands. Richard has a total of twenty years of experience in operational and clinical functions of a health care facility. He began his career an intern in Southern California before becoming the chief medical officer of Optima Health Plan. Shinto worked as the chief operating officer and chief medical officer for Medical Pathways before joining NAMM as the chief medical officer. After leaving NAMMA, Richard joined Aventa and currently works at InnovaCare. Richard’s extensive knowledge in healthcare and clinical medicine is documented in several articles he has authored and published. Rick Shinto was awarded with the Ernst & Young Entrepreneur of the year award.

Another experienced InnovaCare professional is Penelope Kokkinides who works as the chief administrative officer since her recruitment in June 2015. Penelope earned her Bachelor’s degree in classical languages and biological sciences from the Binghamton University. She has master’s degree in social work from the New York University, and in public health from Columbia University School. Besides she, also received a post master’s degree in substance abuse and alcohol from Columbia University School. Penelope’s career began at the Management and Disease Management branch of AmeriChoice as a corporate vice president. Her role required her to develop and implement the firm’s health model. She served as a chief operating officer and executive vice president of Centerlight Healthcare, where she managed the strategic vision of the care division. Penelope gained knowledge in managing health care, developing clinical programs that fit into an organization’s infrastructure.

InnovaCare is a leading provider of healthcare services programs in North America. The firm provides health care packages in two models, namely, Provider Networks and Medicare Advantage, and Medicaid Program. InnovaCare values their patients, quality medical care, secure patient-staff relationships, organizational growth, the impact of their teams, and innovative medical networks and practices. The organization which operates from its headquarter from New Jersey received a selection from CAPG for the study of their excellent services.

As a multifaceted industry, the healthcare landscape comprises of a vast influx of companies. These range from health insurers, hospitals to pharmaceuticals, each of which, enterprises its own dynamics. Furthermore, healthcare companies have shifted strategies to align with the recent industrial development. It’s no wonder, healthcare industry heavyweights have been so engaged in the past year. In fact, the larger community has already adapted to the reformed regulations of the latest ACA (Affordable Care Act). In light of this revelation, many healthcare companies sought lucrative partnerships through M&A (Mergers and Acquisitions). What’s more, it’s encouraged many Fortune-500 brands competing in this segment to strengthen their performance. In fact, many have ranked up the list as they organize and spearhead expansions. A sampling included healthcare companies like AmerisourceBergen, Aetna, etc. It’s amazing how well these Fortune-500 heavyweights have remained steadfastly resolute, despite the growing challenges. Interestingly, the ACA reform, which came on the scene back in 2010, impacted all sectors of healthcare. Although, mention of its regulations angered the entire healthcare community, its fruition was imminent. Healthcare companies had no choice but to embrace these new policies. Wholly, a government-managed initiative, the ACA focused on implementing regulations to expand the healthcare workforce. It’s obviously partly responsible for the mounting instability and stress on health professionals and companies of the sector. Additionally, paperwork processing for healthcare companies has reached insurmountable numbers since ACA become regulated. Canada-based healthcare giant, Nobilis Health, provides expert full-service management and development solutions for practitioners. It’s acquired partnerships with a sizeable community of physicians, providing ASC (Ambulatory Surgical Center) services. Currently, it intercepts as a governing body, aiding ASCs across the U.S. In fact, Nobilis Health oversees the operations of facilities, of which it’s also a controlling partner. With six Nobilis ASCs spread across two states in three cities Scottsdale, Dallas, and Houston, it provides an extensive service. Additionally, Nobilis Health owns two fully integrated MRI centers, a hospital and a UCC (Urgent Care Center). Since inception, Nobilis Health has been delivering world-class healthcare solutions. In addition, its a manager of numerous healthcare facilities, including Athas Health, Spring Northwest Management, LLC, GRIP Medical Diagnostics, LLC, Spring Northwest Operating, Willowbrook Imaging, LLC, among other centers. The fourth-quarter has almost reached a close and many competing healthcare companies aren’t as fortunate as Nobilis Health. According to a detailed report by Russell Stanley, an analyst for Mackie Research Capital, Nobilis Health has remained fiercely competitive throughout this fiscal year. In fact, it was among Mackie Research’s top picks chosen from the industry’s strongest performers.