InnovaCare Health: Changes in the Organizational Structure

The citizens of Puerto Rico rely on several health insurance providers to cover the cost of their medical needs. One of the leading health insurance providers in the island is InnovaCare, Inc., and they are providing coverages for Medicaid and Medicare for everyone living in Puerto Rico. InnovaCare Inc. is considered by many as a competitive company when it comes to the provision of medical and healthcare services for the people. Other providers in the island are not as competitive as InnovaCare Inc., and as a result, many Puerto Ricans chose to have their health insurance provider to be taken care of by InnovaCare Inc.


The head of the health insurance provider is Richard Shinto, and he recently announced that several changes regarding the firm’s organizational structure would take place. Richard Shinto is a lone man who works hard to operate his firm, and he thought that it would be a great idea if he will hire more people who would do administrative jobs like the one he is currently doing. He hired three executives who would work with him and hopes that they will be exerting the same effort to take the company to a higher level. The new executives that he hired have an excellent background, and they have an extensive experience working for the health and insurance sector. The newly appointed executives will operate under the leadership team of InnovaCare Health Inc., and they will be reporting directly to Richard Shinto.


InnovaCare Inc. experienced problems back in July 2016, prompting them to think about solutions that would address their issues. Richard Shinto, who is serving as the firm’s president and chief executive officer, thought about solutions that would help the company survive the problems that it has faced. He met with his colleagues to gather suggestion about the things that he should do to keep the company afloat, and one of the proposals which struck him was the addition of executives who would also manage the company. He finalized the draft that would allow him to hire new executives, and when it was announced, many hopefuls submitted their resumes to apply for the position. Reviewing all of the applications, Richard Shinto decided to hire three individuals who have the potential to make the company succeed. He revealed the announcement back in July 2016, at a time when InnovaCare Inc. is facing its most challenging years, trying to solve issues that they are facing left and right.



Madison Street Capital Help Napoleon Machine Secure Funding

Madison Street Capital is an investment firm that is based in Texas and provides financial services across the globe. Madison Street Capital was founded in 2005 with the goal of providing middle market investment services and funding.


Madison Street Capital prides itself on being able to evaluate the true value of a company. They do this by performing through audits of all companies they invest in. Madison Street Capital follows the market closely so they can determine the true value of a company based upon current market trends with an eye towards what the business will be valued at in the future.


Madison Street Capital distinguishes itself by being able to conduct business with overseas companies, multiple corporations on different continents, and international businesses. The company has offices in Asia, Africa, and North America. Their staff is used to traveling to remote locations, and they know how to broker deals between multiple parties.


Madison Street Capital recently worked as the financial advisor for Napoleon Machine. Napoleon Machine is a manufacture that specializes in custom metal designs with a focus on precision production. The deal allowed Napoleon Machine to secure capital from Sterling Commercial Credit.


Madison Street Capital provided expert financial advice for this deal. They were able to provide a professional audit to enable Napoleon Machine to secure an excellent line of credit. They then reviewed Sterling Commercial Credit to make sure they were the right organization to fun Napoleon Machine. This arrangement will allow Napoleon Machine to receive a large source of secure and low interest credit to allow them to rapidly expand their business. The deal allows Napoleon Machine to access tranche credit that they could not have access to without the help of Madison Street Capital.


The head of Napoleon Machine reports that Madison Street Capital was vital to closing this deal. The President of Napoleon Machine Kevin Febrey remarked that Madison Street Capital listened to their problems and concerns in a manner that other financial firms did not with them going out of their way to maintain and clear and open line of communication during this complicated deal.


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Flavio Maluf Talks About Running a Business in Brazil

For many entrepreneurs who are running a business in Brazil, they understand the implications of tax burdens that could become a problem for them and their revenue. A new law, called the Fiscal Incentives Law, has been made to help business owners get back on their taxes the more revenue they make and the more money they put into their companies. The idea behind the law is to encourage more people to open businesses rather than deter these individuals because of high taxes and penalties. View to learn more

Flavio Maluf, who is the CEO and owner of Eucatex, discussed the benefits of this law in a recent interview he conducted with Terra. However, he advises new business owners to open their companies with caution, as there are still a lot of regulations and laws governing tax for entrepreneurs and self-employed workers. Flavio Maluf has been the owner of Eucatex since 1997, but the company has been in business since 1951. The company uses eucalyptus as a way to manufacture flooring, walls and other items. Because eucalyptus is so readily available, especially in Brazil, Flavio Maluf saw a market for a more sustainable product to be used for flooring. This cuts down on the amount of trees that have to be cut down in order to produce the same types of products.

Flavio Maluf graduated from the Armando AlvaresPenteado Foundation with a degree in engineering. He used this degree to help develop different projects and programs within the Eucatex company itself. He believes that in order for an entrepreneur to be successful in his industry, he has to be orderly and incredibly organized. Flavio Maluf spends most of his day in the office, working on a variety of projects and manning the 350 people who work underneath him. When he is not in the office, Flavio Maluf enjoys spending time with his family, which consists of his wife and two children. He is also a lover of all things sports-related, and can often be found working on a wide variety of sporting teams and attending a series of events in the Sao Paulo area.

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