Penelope Kokkinides is a leading female figure with substantial influence in the healthcare industry. Over the years, she has portrayed immense leadership skills in the sector. Some of the factors that have contributed to her influence include her skills and education. Kokkinides studied at the University of Binghamton where she graduated with a bachelors in classical languages and biological sciences. Later on, she joined the University of New York where she studied for her masters degree in public health and social work.
The education background has significantly influenced her innovative and entrepreneurial endeavors. Kokkinides has acquired much experience from her Medicare work and other government programs for several years. Ms. Penelope Kokkinides serves as the Chief Administrative Office at InnovaCare Health Solution since August 2016. From 2006 to 2012, she had held the position of Chief Operating Officer at Aveta Inc.
Kokkinides had also served as the CEO of Touchstone Health HMO Inc., from 2008. Prior to joining InnovaCare Health Solution, Ms. Penelope Kokkinides had also worked as the Corporate Vice President for Care Management and Disease Management at AmeriChoice. While working there, she was essential in the development and implementation of a healthcare model.
Contributions towards Resolving Puerto Rico Healthcare Crisis
InnovaCare Inc. is one of the leading Medicare Advantage and Medicaid organization involved in the provision of healthcare-related services within Puerto Rico. As the Chief Administrative Office for InnovaCare, Ms. Kokkinides was among eight women invited to the White House for the Women in Healthcare Panel.
At the White House, Ms. Kokkinides met with President Donald Trump and the current CMS Administrator Seema Verma. Apart from the general federal healthcare legislation, Ms. Penelope Kokkinides highlighted the issues affecting the healthcare sector in Puerto Rice under her leadership.
Specifically, Ms. Kokkinides highlighted the importance of increasing the money allocated to finance Medicare Advantage within the Commonwealth of Puerto Rico. Unlike in the other States, the federal funding for the Medicare Advantage in Puerto Rico has declined by a greater amount, estimated at $1 billion annually.
During the meeting, Ms. Kokkinides reiterated the importance of fixing the disproportionate cuts of funding for Medicare Advantage in Puerto Rico. In the statement, the innovative leader observed that if the Medicaid program collapses in Puerto Rico, a substantial population of the Island would be forced to migrate to the States.
Such migration would increase the cost of the program in the States by three to four times. In response to her proposal, president Trump made provisions that would favor the healthcare systems of Puerto Rico.