Dr. Richard Shinto Wants More Affordable Healthcare Services

In today’s world affordable and quality healthcare can be hard to come by. That’s why InnovaCare Health was created. As a leading provider of managed health plans and physician services, InnovaCare Health focuses heavily on providing quality medical care plans to all of their patients. Driven by their mission to break the barriers that may restrict access to quality healthcare, the team continues to deliver proven results and patient-focused plans. As participants of the Healthcare Payment Learning and Action Network (LAN), the leadership team is committed to delivering plans and payment models that follow the motto of quality over quantity.


President and CEO, Dr. Richard Shinto, is confident that the leadership team at InnovaCare posses both the education and the experience necessary to help navigate the difficult road to achieving these goals. Working closely with the company’s Chief Administrative Officer, Penelope Kokkinides, he hopes to help influence and ultimately redefine the U.S. healthcare system in its entirety. As a physician, Dr. Shinto understands the importance of access to quality care. With more than 20 years of experience in operational and clinical Health Care Solutions, Dr. Shinto is confident in his contributions to the continued success of InnovaCare and has fully committed himself to helping patients get the care they need.


Dr. Shinto received his medical degree at the State University of New York at Stony Brook. He also holds a master’s degree in Business Administration from the University of Redlands. Prior to his position with InnovaCare Health Solutions, he was the Chief Executive Officer at North American Medical Management.


This year InnovaCare was proud to announce that Dr.Shinto was recognized by Modern Healthcare as one of 2018’s top 25 Minority Executives in Healthcare. The award aims the recognize leaders of healthcare systems who work diligently to ensure that communities of color have equal access to quality healthcare. Dr.Shinto is also the proud recipient of the Ernest & Young Entrepreneur of the Year award. His commitment to quality care and his success as an entrepreneur has helped establish him as one of today’s most innovative leaders in Managed Health Care.


Dr. Jim Tananbaum – The CEO of Foresite Capital

Dr. Jim Tananbaum is the founder and current CEO of the Foresite Capital Management, which is a capital firm that specializes in the sector of healthcare. He has managed to lead more than 21 successful investments in the healthcare companies, including Jazz Pharmaceuticals, Amerigroup Pharmaceuticals, and Amira Pharmaceuticals. Dr. Jim is also the founder of Gel Tex Pharmaceuticals, which was later acquired by Genzyme for a price of 2 billion dollars.

Dr. Jim also worked as the affiliate partner of Prospect Venture I, II, and III. In 1997, Dr. Jim founded Theravance Company, from where he worked as the CEO until 2000. In 1991, Dr. Jim worked as the Senior Product Manager of the Merck Company. As a Product Manager, Dr. Jim Tananbaum was part of the team that was responsible for the repositioning of Prilosec.

According to Forbes, Dr. Jim Tananbaum has continued to run a show in the Midas List for three years in a row. This is contributed by the major healthcare investments that were done by Dr. Jim. These investments include Juno Therapeutics and Intarcia Therapeutics, which became the largest biotech IPO in 2014. Furthermore, Jim Tananbaum is an investor in Aimmune and Puma Biotechnology. Aimmune is an immunotherapy treatment for food allergy. Through his company, Foresite Capital, Dr. Jim has invested eighty million dollars in this area. With 25 years in the medical field, Dr. Jim has established and helped many healthcare franchises grow in all of the segments in the economy of healthcare.

Regarding educational background, Dr. Jim Tananbaum attended Harvard Medical School, from where he received his medical degree. He also attended Harvard Business School and earned a Master Degree in Business Administration. In 1985, Dr. Jim Tananbaum received his B.S and B.S.E.E from Yale University. Apart from being a student at Yale University, Dr. Jim also worked as the member of the board of advisors to the same institution.

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