InnovaCare joins the push for payment methods reforms

Rick Shinto, the President, and CEO of Medicaid and Medicare Advantage provider, InnovaCare Health recently announced that his organization is supporting reforms in healthcare payment methods. He added that the reason his organization chose to support this proposal is that it falls in line with its goals of providing better healthcare to more people. He pointed out that over the years the healthcare has noticed a lot of cracks in the current quantity-based payment methods and it was time to move to a better system. Dr. Shinto added that he believed quality-based payment methods as proposed by the reformist would not only do good to the general population but also the players in the sector.

Health Care Payment Learning and Action Network (LAN) is a public-private partnership spearheading the reforms. The main aim of this partnership is to move the national health system away from the traditional quantity-based system to a new quality-based system. Rick Shinto announced that InnovaCare Health is committed to supporting LAN’s mission. He expressed his hope that the reinforcement of the partnership will be crucial in accelerating the shift to the new system.

LAN was launched in 2015 by HHS. Its primary purpose at this time was to streamline payment systems between the private and public sectors of the healthcare system. Now, LAN targets to move players in the healthcare sector, both private and public to a payment system that will rely heavily on the quality of service the patient received. Currently, LAN has over 100 mainstream healthcare partners supporting its quest. Apart from support from the private and public sector, LAN also receives support from non-profit entities in the industry. Dr. Shinto mentioned that InnovaCare is proud to be part of this fantastic journey that will make health care in the U.S. among the very top in the world.

About InnovaCare Health

This organization is Puerto Rico’s top health plans and healthcare services provider. InnovaCare Health has two major offerings in the region, MMM Healthcare Inc. and PMC Medicare Choice Inc. These two offerings are run through over 7,500 providers covering over 200,000 residents. Providing coordinated and cost-effective quality care is the main goal of InnovaCare. The organization hopes to achieve this through advanced, innovative and fully integrated technologies. Currently, InnovaCare is the only health plan provider on the island with NCQA-accredited health plans. Rick Shinto aims to grow the organization to reach more people with their offering and improve their quality of life by providing them with access to quality healthcare.


https://www.crunchbase.com/person/rick-shinto

Gareth Henry Discusses Hedge Funds

Gareth Henry has established his career as a top professional in the alternative asset management industry. He has spent a number of years helping asset managers develop a better awareness of the products they manage. Gareth Henry spent many years as the head of investor relations of Fortress Investment Group as well as Angelo Gordon. During his career, Henry has had first hand experience with the industry’s overall growth. As a financial professional Gareth has been a liaison for both investors and managers of various assets. One of his top responsibilities was to inform investors and asset managers about how alternative strategies can help provide diversification and add alpha to any investment portfolio. Since hedge funds have become increasingly more popular in recent years, Henry has been able to help discuss how this type of asset can diversify the portfolio of many investors. Follow Gareth Henry on medium.com

Prior to working in finance, Gareth Henry completed educational programs that provided him with good preparation for the field. He attended the University of Heriot Watt in Edinburgh Scotland. While at this university, he would complete a bachelor’s degree in actuarial mathematics. This academic background would help Gareth gain a firm grasp of quantitative concepts. As a result, he was able to better explain to investors and fund managers the complexities of how hedge funds work. He has stated that his background in actuarial mathematics and public relations has allowed him to succeed as an entrepreneur. Henry has his own financial services and public relations firm that assists asset managers.

With an extensive network of contacts with people involved with wealth funds and pension funds, Gareth Henry has been able to gain a better understanding of how investors evaluate financial securities. He ahs used this knowledge to find out how investors make decisions on what equity, bond and hedge funds to invest in. Henry uses his experience everyday to talk to investors about how hedge funds compare to other types of financial securities. He often discusses how they can help diversify any investment portfolio as well. His knowledge and expertise has proven to help many investor and asset managers make better decisions on what to invest in.

Visit: https://interview.net/gareth-henry/

 

GreenSky’s David Zalik willing to takes risks of IPO

Although he’s not a household name, GreenSky founder and CEO David Zalik is a living legend among the financial technology sector. Having been at the helm of GreenSky for more than 12 years makes Zalik one of the most experienced players in the sector. And over that time, he has been able to bootstrap his firm from absolute zero to a company valued at more than $4.5 billion.

This incredible growth can be attributed to the simple yet value-adding business model of GreenSky. The company has focused for its entire existence on creating seamless parings between prime-credit borrowers and lenders looking to expand their rosters of good loans. It has focused on big-ticket point-of-sale purchases, such as home remodeling projects and solar energy installations, as an area where previous frictions of the lending process could be streamlined through technology.

Specifically, GreenSky has been able to devise a system that matches some of the top lenders in the country with customers who need lending instantly. In many cases, merchants are able to present borrowers with instant approval for loans with astonishingly good terms, such as zero down, zero interest and no payments for an entire year. Because the average borrow with whom GreenSky transacts has a FICO score of 760, these loans are almost always paid back in full before the higher rates kick in.

At the same time, lenders like Fifth Third Bancorp, Sun Trust and Region’s Bank have been supplied with a steady stream of high-quality new loans that would otherwise never have been originated.

Now, Zalik is looking to take his company public in what will almost certainly amount to one of the largest IPOs in the fintech space’s history. Zalik has stated that his company has reached a phase of maturity where he feels that the short-term thinking and pressure to post solid quarterly growth that often comes with going public is something that GreenSky can handle at this point.

For investors, the IPO may provide one of the strongest opportunities that have come along in a space that has been wracked by underperformance.

http://greenskycredit.atsondemand.com/

The Philanthropy Efforts of Stream Energy

Hurricane Harvey was a devastating hurricane that flooded areas across the United States where families lost their property, their lives and their pets. During this trying time, a Dallas company called Stream Energy took the liberty to be the first company to fund the recovery program. The company pulled it off because it was running a successful energy sales business and corporate philanthropy is also part of the business.

Stream Energy launched ‘Stream Cares,’ a charity foundation that propagates the company’s philanthropy efforts in Texas and the rest of the US. In the case of Hurrican Harvey, Stream Energy positioned itself as an example of a Dallas company that leverages philanthropy and charity as part of their brand and giving back to the society.

It is new for a business to launch a separate arm of philanthropy. In this advantage, the company is giving back while earning the loyalty and respect of its customers and the public. Corporate giving is a high profile and highly publicized activity that is altruistic. But on the other hand, it can be seen as a buffer when profits fall, scandals hit, and when the company is struggling to stand on its feet.

Statistically, corporate America is generous because, in 2016, approximately $19 billion was given to several charities all over the world; that does not include corporate sponsorship, marketing of the cause, and various kinds of donations, e.g. time, effort, and money offered by individual employees.

For Stream Energy, that has formed a long-lasting relationship with the Red Cross and Habitat for Humanity, corporate leadership and employees also give locally. Stream has also partnered with Operation Once in a Lifetime to provide financial and moral support to the veterans and their families who live in Dallas.

 

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May we never forget all of the lives that were lost on Sept. 11, 2001, including the lives of our brave First Responders.

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Instead of the company writing cheques, transportation was donated by Stream for the less fortunate veterans so that they could enjoy a meal of steaks, burgers, and ribs at the Texas restaurant. Stream also offered their support to ten young girls who picked an American Girl doll, and a meal at the Americal Girl Cafe which was catered by the company.

http://releasefact.com/2018/02/stream-energy-helped-harvey-victims/

David McDonald: COO of OSI Industries

If you’re not already familiar with OSI Industries, allow this article to shed some light on the privately held meat processing company, which has been billed as a Midwest icon. OSI Group, also known as OSI Industries, has been recognized by Forbes as one of the largest privately held companies in the United States; the company boasts a workforce of 20,000 employees and has operations in 17 countries through a network of 65 facilities, not to mention a valuation in excess of $6.1 billion. That aside, let’s now focus our attention on the company’s COO, David McDonald.

David McDonald has been with OSI Industries for over three decades and has shared in many of the company’s crowning achievements, including its expansion into international markets. According to an article featured in patch.com, an online news and information platform, McDonald has been hailed as a food production logistics expert who has years of experience working with local suppliers and government agencies, not to mention a considerable amount of experience working with retailers across multiple international borders.

Having detailed some of David McDonald’s industry experience, let’s take a look at his educational background, which is equally impressive. He attended Iowa State University where he was a member of the Alpha Gamma Rho Fraternity, before graduating with a B.S. degree in 1987. It’s important to note that McDonald is still very much involved with the university. In fact, in 2004 he was presented with the ISU Alumni Association’s Young Alumni Award, which was in appreciation for his involvement with the school’s alumni association. To know about OSI Industries click here.

After completing his education, McDonald immediately joined OSI Industries, starting off his career as the company’s project manager. Of course, it wouldn’t be long before his ambition would present new opportunities including being named COO. Needless to say, McDonald has been a great addition to OSI’s leadership team; in an interview with CEOCFO Magazine, he shares what he believes has been the key to not only his success but also the success of OSI Industries. He states that he shares in the company’s vision of leadership, commitment to growth, and maintaining a stable workforce that will enable the company to realize their long-term goals.

https://www.bizjournals.com/chicago/cotm/detail/316/OSI-Group

The Background Of Shervin Pishevar And Some Of His Tweetstorm’s Hottest Predictions

Some people are better than others at various activities than others; Shervin Pishevar is a much better investor, entrepreneur, and commercial leader than most other such businesspeople across the planet. He’s founded several companies, including the tech companies WebOS, HyperOffice, SGN, and webs.com; co-founded Hyperloop One – once known as Virgin Hyperloop One – and Investment company – an alternative investment management firm created in 2013 that Mr. Pishevar is no longer an executive at; served tech-cum-ride-sharing company Uber as a strategic advisor and observer of the board’s operations; and invested in more than 60 companies throughout his still-young career – think of Silicon Valley’s hottest businesses and firms, including Munchery, Uber, and Airbnb.

Born in Tehran, Iran, Shervin Pishevar left his not-so-comforting homeland after then-leader Ayatollah Khomeini placed several thousand perpetrators of senseless laws on execution lists – including Shervin Pishevar, a spot he, unfortunately, reserved for himself after giving foreign nationals residing in Iran instructions on how to leave the country they were trapped in.

Mr. Pishevar moved to the United States roughly 18 months before his family made it across one-half of planet Earth to Maryland, where Shervin initially found employment as a cab driver. Shervin Pishevar’s brother Abraham Pishevar earned a master’s degree and a Ph.D. while Shervin was driving that yellow cab in Silver Spring, Maryland; these remarkable accomplishments for the foreigner inspired Shervin to take on an educational endeavor of his own.

With a strong academic background built up during high school behind him, Shervin Pishevar found enrollment at the University of California, Berkeley, in its molecular and cellular biology program.

About a year ago, the formerly-frequent tweeter took a two-month break from the social media platform. He predicted several things to happen in business across two days in early February 2018. These things included Bitcoin’s drop early in 2018, only to later stabilize in price months after – this came true.

Shervin Pishevar also felt the stock market would drop 6,000 points; although it didn’t drop that far, it did drop about one-third of the way to Pishevar’s predicted mark.

https://www.theverge.com/2017/7/14/15960686/hyperloop-one-test-success-interview-giegel-pishevar