Category Archives: Peoplze of Note

Sam Boraie Continues The Family Tradition Of Helping Revitalize New Jersey’s Cities


As Omar Boraie, Sam’s father, looks over the landscape of New Jersey’s largest cities, he sees vibrant, growing cities that a decade ago were hemorrhaging businesses and citizens. His vision for revitalizing sections of New Brunswick, Newark and Atlantic City is realized through his firm, New Brunswick-based Boraie Development, and his son Wasseem, his daughter Hiam and son Sam Boraie, a Vice President of his family’s real estate development company. The Aspire is one of Borie Development’s luxury rental towers that is changing the face of New Brunswick. The elegant apartments in the full-service building allow professionals who work at Rutgers University or the nearby hospitals a place to call home in New Brunswick.


At work, Sam Boraie is the contact person for existing building acquisition and development sites, which includes development of the neglected sites that Boraie Development purchased in New Brunswick. Sam’s father decided that property along the main artery into the city would make excellent residential and commercial sites. In 1988, Boraie Development opened Albany Street Plaza Tower One, conveniently located in front of the new Brunswick Train Station and then in 2003, Albany Street Plaza Tower Two, another first-class office building opened. After luring professionals to New Brunswick, Boraie Development built One Spring Street condominiums, ideal housing options for the professionals working in the Albany Street Towers. Sam Boraie sits on the One Spring Street condo board.


As the gallery’s landlord, Mr. Sam Boraie was an honored guest at the Alfa Art Gallery’s Gala Opening Reception in New Brunswick. New Brunswick’s latest addition to the Arts and Theater district hopes to draw a cross section of art enthusiasts to visit the city.


As a community-minded philanthropist, not only is Sam Boraie a trustee of the State Theater in New Brunswick, Boraie Development is a supporting partner of the theater, helping to sustain the theater’s artistic and education programs. In 2014, at The State Theatre Benefit Gala, which Sam Boraie attended, Boraie Development was recognized as a corporate honoree. Also on the advisory board of Elijah’s Promise, Sam Boraie helps promote the non-profit’s mission of providing nutritious meals to the hungry and providing food service training in New Brunswick.


New Brunswick is not the only city to benefit from Boraie Development. Sam Boraie hobnobbed with Shaquille O’Neal as they worked on the Boraie-O’Neal Urban Development, which will bring a 25-story condo tower to rebounding downtown Newark. Newark is O’Neal’s home town, however, the Boraie O’Neal Urban Development will engage in similar projects in the future at undisclosed locations.




Dr. Richard Shinto, The Exemplary Doctor and Chief Executive Officer

Dr. Richard Shinto, a B.S graduate from the University of California at Irvine and a degree in medicine. He got this from The State University of New York, Stony Brook, has over 20 years of the clinical practice and operational medicine in managed care. He has written a number health related articles and clinical medicine.

Dr. Shinto, who received his MBA from the University of Redlands started his career by going into an internship at the pulmonary unit in southern California. It made him smart in pulmonary care and its medical attention. He moved on to serve as the Corporate Vice President of Medical Administration for MedPartners from 1996-1997 where he honed his skills in the administrative duties as well as the medical field.

He proceeded on to Cal Optima Health Plan in Orange County, California. He served as the Chief Medical Officer during his tenure before his next move to NAMM. Dr. Shinto was the Chief Medical Officer of North American Medical Management (NAMM) California before being named the Chief Operating Officer and Chief Medical Officer for Medical Pathways Management Company.

His services were called upon in Aveta Inc. from 2008 where he was the Chief Executive Officer from 2008 until its auctioning in 2012. Dr. Shinto finally settled at Innovacare Inc. where he took the post of President and Chief Executive Officer to date.
Dr. Shinto has received some honors and awards for his exemplary service. They included the Ernst and Young Entrepreneur of the year for the state of New Jersey and got recognized as the top 25 minority health care executive in modern health care. The honor awarded to exemplary managers who exhibit extraordinary brilliance and insurmountable success in their areas of operation. The promising managers are gauged based on sectors such as creativity, commitments towards the people they serve and the companies that they work for as well as the communities where they work.
July 2016 was a month of change for InnovaCare Inc. Three executives were added to the firm. Jonathan Meyers was appointed the Chief Actuary officer. Meyers, whose experience in actuarial services was wide was going to streamline the Actuarial department according to Dr.Shinto.

Another entrant was Penelope Kokkinides who was joining the company as the Chief Administrative Officer. Dr. Shinto saw in him a capable leader who would manage the programs and healthcare processes with the aim of enhancing efficacy and infrastructure.
Mike Sortino, the third entrant, became the new Chief Accounting Officer of InnovaCare Inc. His previous experience included Samsung Fire & Marine Insurance Co., Ltd as the controller of the U.S Branch. There was a high expectation from Dr. Shinto that the new Chief accountant would streamline financial issues and operations.

InnovaCare Inc. acquired the Medicare contracts of First Medical Health Plans through its subsidiary MMM Healthcare, LLC. Dr. Shinto, the president of InnovaCare, hailed this move as one that provided an awesome opportunity to increase the number of beneficiaries and improve the quality of health care through medical management infrastructure.

InnovaCare Inc. has also joined hands with Health Care Payment Learning and Action Network (LAN).The public-private partnership is intended to push the U.S health system to provide quality service through the accurate payment models. The intention is to reorganize health care payment models to suit the needs of the clients.