Centene has promoted Sarah London, the wellbeing insurance company’s present board vice chair, to the task as Chief Government Officer, succeeding the retiring Michael Neidorff, the business explained Tuesday afternoon.
In saying the 41-yr-aged London’s elevation to Centene’s top rated work, the corporation described her as “at the forefront of innovation in health care . . . .advancing built-in, benefit-dependent care models by means of the growth and application of knowledge-driven insights and technology.” London’s advertising to CEO is helpful immediately, Centene said.
London, who has been vice chairman of Centene’s board, has led the company’s technologies and electronic technique whilst also operating the health insurer’s wellbeing care enterprises and specialty divisions, company technique, high-quality operations, inner audit, compliance and danger management, the firm mentioned. “Since Mr. Neidorff started a healthcare depart of absence in February 2022, she has been a member of the Business office of the Chairman billed with functioning the day-to-working day management of the Company,” the announcement mentioned.
Centene, which sells an array of govt backed health insurance like Obamacare, has been operating for considerably of this calendar year on a long-lasting successor to Neidorff, who in December introduced his system to retire later on this yr.
Neidorff, who is 79 a long time previous and has been Centene’s CEO due to the fact 1996, also took on a new position as govt chairman till the stop of 2022, the company declared in December. And considerably less than a thirty day period ago, Centene stated Neidorff was taking a “medical depart of absence” to tackle what he identified as a “treatable health care affliction,” placing various executives which include London to do the job to fill the void left by Neidorff’s absence.
“Her strategic considering, fresh new point of view and diverse experience make her the natural leader to harness the prospective of Centene,” Centene’s Acting Chairman, James Dallas claimed in a assertion. “Sarah has infused an progressive mindset throughout the company in her relentless hard work to make improvements to Centene’s capabilities to give the greatest top quality of treatment for our associates.”
London normally takes around a business that is a countrywide participant amid the most significant names in wellness insurance policy, specifically in functioning with states to deal with their Medicaid wellness insurance plan for inadequate Us citizens and furnishing person protection beneath the Very affordable Treatment Act.
Below Neidorff, Centene has developed into a nationwide health care giant with revenues that eclipsed $126 billion in 2021 as a lot more Individuals sign up for Medicaid, the wellbeing insurance policies for reduced income people it manages via contracts with states and unique protection beneath the ACA known as Obamacare hits history ranges. And Centene has expanded into the business of Medicare Edge, the privatized well being gains myriad health and fitness insurers supply senior by way of agreement with the federal governing administration.
“I am honored and humbled to have been picked as the next CEO of Centene and to function alongside amazing colleagues to deliver high quality health care to above 26 million People,” London mentioned in a assertion.
“The healthcare landscape is promptly modifying, and Centene’s mission – to change the wellness of our communities one particular member at a time – has never been a lot more related,” London included. “We have a distinctive opportunity to empower our customers, vendors, and their communities in this transformation. Jointly, we can deliver ground breaking, integrated, and equitable care that meets our users where by they dwell and exceeds their expectations. I am enthusiastic by the large chance to leverage the size and scale of this Company to generate genuine, sustaining price for our members, point out associates, employees and shareholders.”