Centene promotes Sarah London, technology and healthcare strategist, to CEO

Centene has promoted Sarah London, the company’s current vice-chairman, to CEO, succeeding retired Michael Neidorff, the health insurer announced on Tuesday afternoon.

Announcing the elevation of 41-year-old London to Centene’s top job, the company described her as “at the forefront of healthcare innovation.” . . .Advancing integrated, value-based models of care through the development and application of data-driven ideas and technologies.

London, who served as vice-chairman of Centene’s board, led the company’s technology and digital strategy while leading the health insurer’s healthcare businesses and specialty divisions, business strategy and strategy. company, quality operations, internal audit, compliance and risk management, the company said.

“Since Mr. Neidorff began sick leave in February 2022, she has been a member of the President’s Office responsible for managing the day-to-day management of the company,” the statement said.

Centene, which sells a range of government-subsidized health insurance including Obamacare, has been working for much of this year on a permanent successor to Neidorff, who in December announced plans to retire later this year. .

Neidorff, who is 79 and has been Centene’s CEO since 1996, also assumed a new role as executive chairman until the end of 2022, the company announced in December. And less than a month ago, Centene said Neidorff was taking ‘medical leave’ to remedy what he called a ‘treatable medical condition’, putting several executives, including London, to work filling the void left behind. by the absence of Neidoff in the short term. .

“Her strategic thinking, fresh perspective and broad experience make her the natural leader to unlock Centene’s potential,” Centene Acting Chairman James Dallas said in a statement Tuesday afternoon. to enhance Centene’s abilities to provide the highest quality care to our members. »

London is buying a company that is a national player among the biggest names in health insurance, including working with states to run their Medicaid health insurance for poor Americans and providing individual coverage under Affordable Care .

Under Neidorff, Centene has grown into a national healthcare giant with revenues that eclipsed $126 billion in 2021 as more Americans enroll in Medicaid, health insurance for low-income patients who he manages through state contracts and individual coverage under the ACA known as Obamacare is hitting record highs. And Centene has expanded into the business of Medicare Advantage, the privatized health benefits that a myriad of health insurers offer senior citizens through a contract with the federal government.

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