Centene has promoted Sarah London, the health and fitness insurance policy company’s existing board vice chair, to the job as Chief Government Officer, succeeding the retiring Michael Neidorff, the organization stated Tuesday afternoon.
In asserting the 41-12 months-old London’s elevation to Centene’s major work, the corporation explained her as “at the forefront of innovation in health care . . . .advancing built-in, value-dependent care models as a result of the development and application of information-driven insights and know-how.” London’s advertising to CEO is powerful promptly, Centene mentioned.
London, who has been vice chairman of Centene’s board, has led the company’s engineering and digital tactic while also managing the health and fitness insurer’s well being treatment enterprises and specialty divisions, corporate technique, high quality operations, interior audit, compliance and chance administration, the company mentioned. “Since Mr. Neidorff began a health care leave of absence in February 2022, she has been a member of the Office of the Chairman billed with working the day-to-day management of the Enterprise,” the announcement mentioned.
Centene, which sells an array of authorities sponsored well being insurance together with Obamacare, has been operating for significantly of this calendar year on a permanent successor to Neidorff, who in December announced his strategy to retire afterwards this yr.
Neidorff, who is 79 years previous and has been Centene’s CEO due to the fact 1996, also took on a new part as govt chairman until eventually the end of 2022, the company introduced in December. And less than a month back, Centene mentioned Neidorff was taking a “medical depart of absence” to handle what he identified as a “treatable medical affliction,” putting numerous executives which include London to operate to fill the void remaining by Neidorff’s absence.
“Her strategic thinking, refreshing perspective and diverse knowledge make her the pure leader to harness the potential of Centene,” Centene’s Performing Chairman, James Dallas claimed in a statement. “Sarah has infused an progressive mindset across the organization in her relentless effort to increase Centene’s capabilities to present the greatest high-quality of treatment for our associates.”
London can take about a corporation that is a nationwide player among the the major names in wellness coverage, especially in operating with states to take care of their Medicaid health insurance policies for lousy Us residents and offering individual coverage beneath the Affordable Treatment Act.
Underneath Neidorff, Centene has grown into a countrywide health care giant with revenues that eclipsed $126 billion in 2021 as extra Us citizens sign up for Medicaid, the health coverage for lower revenue clients it manages by means of contracts with states and particular person protection underneath the ACA known as Obamacare hits record amounts. And Centene has expanded into the business of Medicare Edge, the privatized wellness gains myriad health insurers offer senior via deal with the federal government.
“I am honored and humbled to have been chosen as the up coming CEO of Centene and to function alongside incredible colleagues to deliver good quality healthcare to over 26 million Us citizens,” London claimed in a statement.
“The healthcare landscape is rapidly changing, and Centene’s mission – to change the well being of our communities 1 member at a time – has hardly ever been additional pertinent,” London extra. “We have a unique possibility to empower our associates, providers, and their communities in this transformation. With each other, we can provide innovative, integrated, and equitable care that satisfies our members exactly where they reside and exceeds their expectations. I am enthusiastic by the remarkable opportunity to leverage the dimension and scale of this Company to produce accurate, sustaining benefit for our customers, condition partners, staff members and shareholders.”