Learn how your comment data is processed. "It wasn't just financial. Opinions expressed by Forbes Contributors are their own. This site uses Akismet to reduce spam. Under Neidorff, Centene grew into a national healthcare giant with revenues that eclipsed $126 billion in 2021 as more Americans signed up for Medicaid, the health insurance for low income patients it manages via contracts with states and individual coverage under the Affordable Care Act known as Obamacare hit record levels during the pandemic. On Sunday, those family and friends came together along with hundreds of invited guests, dignitaries, and colleagues to celebrate his love for them, his visionary legacy for transformational healthcare, commitment to community, philanthropy, and inclusion. At the time of the move, both were unfamiliar with the city. Such was the case in the Phoenix area. He graduated from the University of Arkansas School of Medicine in 1974 with both a medical degree and a masters degree in anatomy, having completed extra courses in anatomy as well as extensive research in nerve regeneration while attending medical school. Manhattan School of Music echoes that sentiment, and we send our deepest condolences to Michael's family. Under his direction, the Centene Corporation became a major provider of low-cost health plans. Michael Neidorff is chairman, president and CEO of Centene Corp. Centene CEO Michael F. Neidorff Has Died at Age 79 Garrett by trade is a personal finance freelance writer and journalist. He was 79 years old when he passed away. According to local property records, Niedorff and his wife own a condominium in the area. About Michael Neidorff | Neidorff School of Business | Trinity University He was 79. . He graduated from Trinity University and St. Francis College with a Master of Arts degree. Nomi and Michael Neidorff: Working to make life better Mr. Neidorff took the company public in 2001. Michael Neidorff, Centene CEO, has died - audacy.com This copy is for your personal, non-commercial use only. He is the Highest Paid Executive in St. Louis, 4. Centene has grown to nearly 76,000 employees serving all 50 states and 3 international countries. Memorial donations in his name may be sent to the Siteman Cancer Center, the Opera Theatre of Saint Louis, the St. Louis Symphony Orchestra, the Jewish Federation of St. Louis, or a charity of your choice. Tamara worked in research labs for about a decade before switching to science writing. Both have been lauded for providing compassionate and meticulous care for patients. In 2020, she won a bronze for "Minds quality control center found in long-ignored brain area" and in 2022 a silver for "Mice with hallucination-like behaviors reveal insight into psychotic illness.". Early on, he said, Mr. Neidorff recognized that fewer people were likely to be insured through their employer while the government programs were growing.. Packman served as an outstanding clinician for many years, and Daniels continues to serve in this role, as an internist and endocrinologist. Centene is ranked #24 in the Fortune 500, #57 in the Fortune 500 Global list, and #7 on the 2019 Fortune Change the World list. "Centene CEO Neidorff pledges $5 million to Trinity University", "Trinity University Elects New Board Officers | Trinity University", "Plans to construct Centene facility moving forward", "Health services: Michael Neidorff, Centene Corp", "C-Suite Awards 2019: Michael Neidorff, Centene", "How Michael Neidorff took Centene from $40 million to $21 billion", "Invest suit claims Centene hid $900M tax liability in HealthNet purchase", "Another St. Louis CEO joins White House economic recovery task force", "Centene board limits bonuses, but Neidorff earns nearly $25 million", "Centene's Neidorff To Step Down As CEO Amid Deal With Activist Investor", "Centene Promotes Tech And Healthcare Strategist Sarah London To CEO Job", "Centene's Neidorff named National Urban League chair", "Neidorff, a difference maker in Ferguson, named Citizen of the Year", "Michael F. Neidorff, 79, Dies; His Company Was an Obamacare Stalwart", "Longtime Centene leader Michael Neidorff dies after lengthy illness", "Joe Biden Wants to End Prison Profiteering. He graduated from Altoona High School in 1961. [+] oversee the health insurer as part of a deal with Politan Capital Management, the company . When Neidorff first joined Centene in 1996, the company had just 40,000 covered members. Michael Neidorff, the longtime chief executive officer of Centene has died, the company confirmed Thursday. [10] In 2018, Neidorff was one of the executives named in a lawsuit claiming that Centene failed to disclose Health Net's potential tax exposure prior to their acquisition. Thanks to his strong commitment, Fortune ranked Centene as the #2 company nationally for diversity and inclusion. Michael Neidorff has been named as the highest paid executive in St. Louis for the third year running. In 2017, Michael was named Citizen of the Year by the St. Louis Post Dispatch for spearheading a $30 million investment in Ferguson, Missouri in the weeks following the racial unrest in the summer of 2014, bringing much needed opportunity and hope to the region and anchoring small businesses in the community. The reason for death has not been revealed.Michael F. Neidorff, who transformed a tiny medical insurance firm serving three counties in 1996 into a nationwide giant in government-backed health coverage, died after what his family described as a long illness https://t.co/oXrLn3H4xG The Wall Street Journal (@WSJ) April 8, 2022, Michael F. Neidorff, who transformed a tiny medical insurance firm serving three counties in 1996 into a nationwide giant in government-backed health coverage, died after what his family described as a long illness https://t.co/oXrLn3H4xG, Michael was Centene Corporations visionary leader for more than 25 years, the company statement said. With the worlds focus on the current global pandemic, the importance of virology and immunology has never been more vital. Centene has since become a partner in an industry-academic collaboration called the Envolve Center for Health Behavior Change. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. In 2017, Michael was named Citizen of the Year by the St. Louis Post Dispatch for spearheading a $30 million investment in Ferguson, Missouri in the weeks following the racial unrest in the summer of 2014, bringing much needed opportunity and hope to the region and anchoring small businesses in the community. He's shown here at the 2019 Forbes Healthcare Summit at the Jazz at Lincoln Center on December 05, 2019 in New York City. When a new market for insurance was created under the Affordable Care Act the federal law, known as Obamacare, that helps provide private insurance to people who do not qualify for Medicaid but who are not covered by their employers Mr. Neidorff positioned Centene as a major provider of low-cost plans.