Centene Promotes Tech And Healthcare Strategist Sarah London To CEO Job

Centene has promoted Sarah London, the corporate’s present board vice chair, to the job as Chief Govt Officer, succeeding the retiring Michael Neidorff, the health insurer announced Tuesday afternoon.

In asserting London’s elevation to Centene’s prime job, the corporate described her as “on the forefront of innovation in healthcare . . . .advancing built-in, value-based care fashions via the event and utility of data-driven insights and know-how.”

London, who has been vice chairman of Centene’s board, has led the corporate’s know-how and digital technique whereas additionally working the well being insurer’s well being care enterprises and specialty divisions, company technique, high quality operations, inside audit, compliance and threat administration, the corporate stated in asserting her promotion.

“Since Mr. Neidorff started a medical depart of absence in February 2022, she has been a member of the Workplace of the Chairman charged with working the day-to-day administration of the Firm,” the announcement stated.

Centene, which sells an array of presidency sponsored medical insurance together with Obamacare, has been working for a lot of this yr on a everlasting successor to Neidorff, who in December introduced his plan to retire later this yr.

Neidorff, who’s 79 years previous and has been Centene’s CEO since 1996, additionally took on a brand new function as govt chairman till the tip of 2022, the corporate introduced in December. And fewer than a month in the past, Centene stated Neidorff was taking a “medical depart of absence” to handle what he known as a “treatable medical situation,” placing a number of executives together with London to work to fill the void left by Neidorff’s absence within the close to time period.

“Her strategic considering, contemporary perspective and numerous expertise make her the pure chief to harness the potential of Centene,” Centene’s Appearing Chairman, James Dallas stated in an announcement Tuesday afternoon. “Sarah has infused an revolutionary mindset throughout the enterprise in her relentless effort to enhance Centene’s capabilities to offer the best high quality of take care of our members.”

London takes over an organization that could be a nationwide participant among the many greatest names in medical insurance, notably in working with states to handle their Medicaid medical insurance for poor People and particular person protection underneath the Inexpensive Care Act often called Obamacare.

Underneath Neidorff, Centene has grown right into a nationwide healthcare large with revenues that eclipsed $126 billion in 2021 as extra People join Medicaid, the medical insurance for low revenue sufferers it manages by way of contracts with states and particular person protection underneath the Inexpensive Care Act often called Obamacare hits document ranges. And Centene has expanded into the enterprise of Medicare Benefit, the privatized well being advantages myriad well being insurers provide senior by way of contract with the federal authorities.