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Touchstone Health Announces Appointment of Penelope Kokkinides as Chief Operating Officer
Date:7/14/2008

NEW YORK, July 14 /PRNewswire/ -- Touchstone Health HMO, Inc. announced today that Penelope Kokkinides has recently joined the organization as Chief Operating Officer.

"We are very fortunate to have Penny in our team," says Michael A. Muchnicki, President & Chief Executive Officer of Touchstone Health. "She brings more than ten years of experience in governmental insurance programs and has proven success in reorganizing operations for managed care organizations. She brings a remarkable record of achievement with her that we know will be repeated at Touchstone Health."

In her new position, Kokkinides will be responsible for planning and directing all aspects of the organization's operational policies, objectives and initiatives. "I am very excited to assume this role and other key responsibilities to meet the strategic objectives of Touchstone Health," says Kokkinides. "I was attracted to this company's vibrant vision of advancing the quality of care and service for its members. I share the management's commitment to operational excellence and to providing exceptional, compassionate and member-centric 'high touch' approach to health care."

Kokkinides most recently served as Vice President of Clinical Operations at Aveta, Inc. Prior to that, she was Corporate Vice President for Care Management and Disease Management at AmeriChoice, a business unit of UnitedHealth Group, where she was instrumental in developing and implementing the company's health model. Kokkinides holds a bachelor's degree in biological sciences and classical languages from SUNY-Binghamton. In addition, she received a master's degree in social work from New York University and a second master's degree in public health from Columbia University. She is also in the process of completing her doctorate in public administration.

About Touchstone Health

Touchstone Health, headquartered in New York City, is an HMO focused on the Medicare market. Touchstone Health currently has 11,000 Medicare beneficiaries in the Bronx, Kings, Queens, Richmond, Orange, Westchester, Broome, Chenango, Delaware & Onondaga counties. Benefits are available to anyone enrolled in both Medicare Part A and B and continue to pay their Medicare applicable premiums.

Touchstone Health is a privately held company owned and advised by, among other investors, Lehman Brothers Venture Capital, Essex Woodlands Health Ventures and Steven Wiggins. The company was founded in 1998 by a group of neighborhood physicians to bring personalized health care to New York. Prior to September 2007, Touchstone Health managed the medical services of enrollees of other HMOs operating in the federal Medicare program. In September 2007, the company received an HMO license and no longer contracts with other HMOs. Touchstone prides itself on its local focus and customer service.

For more information about Touchstone Health, please visit the company's website at http://www.touchstone-health.com.

Contact: Jill Tobin

Touchstone Health HMO Inc.

14 Wall Street, 9th Floor

New York, NY 10005

212-294-6996

jtobin@touchstone-health.com


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SOURCE Touchstone Health HMO, Inc.
Copyright©2008 PR Newswire.
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