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.