CEO Rick Shinto and InnovaCare Incorporation

Dr. Rick Shinto is the current Chief Executive Officer and President of InnovaCare Incorporation. Dr. Rick has over 20 years of experience in operational and clinical healthcare. Before joining InnovaCare Incorporation, Dr. Shinto worked as the CEO of Aveta Incorporation. Dr. Rick Shinto also worked as the CMO (Chief Medical Officer) of NAMM California. He is the force behind the enormous success that is experienced in InnovaCare Health. Read more about Rick at PHP PG ADS

Under his leadership, InnovaCare has made tremendous improvements that ultimately benefit patients. He always inspires employees of InnovaCare to give their best. The medical services that are offered by InnovaCare are affordable to every average resident of Puerto Rican. In that case, the technology of InnovaCare has made patients to get access to the best medical care ever. With technology, InnovaCare has the option of offering cheaper and quality services. Furthermore, more than 70 percent of the people of Puerto Rican prefer insurance services that are offered by InnovaCare over other insurance companies.

While working as the CEO and President of Aveta Incorporation, Dr. Rick Shinto had the honor to receive the Ernst and Young Entrepreneur Award. The award is given to excellence professionals and entrepreneurs who have shown their commitment to delivering successful innovative ideas and financial performance. Moreover, Dr. Shinto is the pioneer of the medical provider system that has greatly changed the insurance business. As the CEO, Dr. Rick Shinto has seen more than 200000 individuals joining the membership programs that are offered by InnovaCare Inc.

Dr. Rick Shinto comprehends that provision of easy access to Medicaid and Medicare should not be the last stop. According to Rick Shinto, patients should also be educated about healthcare awareness. They should be offered support when one of their family member or loved is under treatment. The empathetic gesture made Dr. Rick Shinto win the Access to Caring Award. As a leader, Dr. Rick Shinto always recruits talented and experienced management team. This is one of the pillars of good leadership at InnovaCare. Dr. Shinto believes in professionals who are innovative and possess massive talents. Learn more about Rick on

Regarding educational background, Dr. Rick Shinto attended California University, from where he received his Degree in Bachelor of Science. He also attended New York State University, from where he received his medical degree. Dr. Rick Shinto also earned his M.B.A from Redlands University. After completing his studies, Dr. Shinto started his medical career as pulmonologist and internist practicing in Southern California.

Timothy Armour Comments On Buffet Bet

Over the past several decades, Warren Buffet has turned his primary business, Berkshire Hathaway, into one of the top businesses in the world. He has also developed the reputation as being one of the best investors and financial managers of all time. Buffet has continued to provide consistent advice about investing wisely. One part of this has been to focus on investing in low-cost index funds, as opposed to more expensive hedge and mutual funds.

Over the past few years, many people have spent a lot of time analyzing a bet that Buffet has made with a few fund managers. Buffet bet that he could receive a better rate of return by investing in an index fund than someone would receive if they invested in a mutual fund. Finally, a few years after the bet was made, the dust settled and Buffet was concluded to be the winner.

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One person who has spoken out against the strategy is Timothy Armour, who is a principal of the Capital Group. Armour has spent over 20 years working for the Capital Group in a variety of roles, including asset and portfolio management.

Armour stated that part of the reasons why Buffet was successful in the bet was that the stock market did very well overall in that time period. The risk of investing in the stock market index funds is that there is no downside protection. On the other hand, hedge and mutual funds have the ability to hedge against risks and downside. Armour further pointed out that over the past 20 years, his fund’s average rate of return is more than 1% higher than the stock market.

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