The memorial service and celebration included in-person remarks as well as multiple video tributes from dignitaries in Saint Louis and throughout the country, including former President Bill Clinton, Missouri Senator Roy Blunt, former Senator Claire McCaskill, broadcaster Bob Costas, National Urban League CEO Marc Morial, World Wide Technologies Chairman David Steward, and many other dignitaries, elected officials, business execu1ves, and civic leaders. He was dedicated to supporting arts and civic organizations. When our backs were against the wall, hundreds of thousands of people were going to lose coverage, Slavitt said in an interview Thursday. Most recently, Neidorff was one of 16 executives tapped by the White House for its newly formed economic recovery task force, a group also comprised of economists, scholars and industry leaders. Mr. Neidorff took the company public in 2001. At a later date to be announced, there will be a memorial service for family and friends to celebrate his extraordinary life and legacy. She continued post-graduate studies at Columbia University. He was 79. Michaels love and devotion for his family knew no bounds. Nothing has been more important to me than providing the highest quality of care to the most vulnerable populations we serve, Neidorff said in a statement released Tuesday announcing changes at Centene. A nonprofit, independent news source to inform, inspire, educate and connect the St. Louis Jewish community. Findings point to brain areas that integrate planning, purpose, physiology, behavior, movement. He had considered going into medicine but decided instead to major in political science at Trinity University in San Antonio. [18][19], Michael Neidorff was married to Nomi Neidorff and they had two children. He was born in 1942 in Altoona, Pa., to A. Harvey Neidorff, a physician, and Shirley Rubin Neidorff, a nurse. She holds a double bachelor's degree in molecular biophysics & biochemistry and in sociology from Yale University, a master's in public health from the University of California, Berkeley, and a PhD in biomedical science from the University of California, San Diego. After a lengthy illness, Michael F. Neidorff passed away on Thursday, April 7, 2022 surrounded by his family and friends, Centene said in a statement and obituary released on behalf of Neidorffs family. Centene, which is headquartered in St. Louis, appointed Sarah London, who had been vice chairwoman, as its chief executive in March. Michael Neidorff made it on to this list in 2017 in 17th position. This article about a United States businessperson is a stub. Nomi and Michael Neidorff have committed $5 million to Washington University School of Medicine in St. Louis to honor highly regarded physicians Robert C. Packman, MD, and John S. Daniels, MD, with the establishment of two new endowed professorships in their names. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. (Photo by Steven Ferdman/Getty Images), had taken a medical leave of absence two months ago, Sarah London was named chief executive officer last month. Michael Neidorff, Neomi's husband, had taken a medical leave of absence and had been promoted to executive chairman until 2022. For more than 30 years, he served on the board of directors for the Greater St. Louis Boy Scouts of America and on the board of Concordance Academy. "Michael was one of a very small number of people responsible for saving the ACA," he said. [13] He announced plans to retire in 2022 after Politan Capital Management took a stake in Centene. Fortune has an annual list of the Top 20 Business People of the Year. Michael was very clever from a strategic standpoint, said Dr. J. Mario Molina, the former chief executive of Molina Healthcare, one of Centenes main rivals. His family said the cause was an infection. A search for a new CEO is underway, Centene said. Trinity University is getting a $25 million donation from alumnus Michael Neidorff, chairman and CEO of St. Louis-based Centene Corp. (NYSE: CNC), and the Neidorff Family Trust.The donation is the . Michael's love and devotion. Centene has grown to nearly 76,000 employees serving all 50 states and 3 international countries. Michael was raised in Altoona, Pennsylvania. The Neidorffs have long supported efforts t, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on LinkedIn (Opens in new window), Mind-body connection is built into brain, study suggests, Keeping COVID-19 in check likely to require periodic boosters, Anesthesiology Control Tower helps detect emergencies before they arise, Campus Climate & Culture task force holding Community Discussion Sessions during April and May, Affordable mental health care for employees and their children, Neidorff Family and Centene Corporation Dean of the Brown School, Centene committed to funding of up to $100 million, Minds quality control center found in long-ignored brain area, Mice with hallucination-like behaviors reveal insight into psychotic illness, 2023 Washington University in St. Louis. He was chairman of the National Urban Leagues board of trustees and a board member of the St. Louis Symphony Orchestra, the Opera Theater of Saint Louis and the Manhattan School of Music, among other organizations. Longtime CEO of Centene Health Insurance, Michael Niedorff, has died at the age of 79. Their 1962 Manual of Medical Therapeutics was published by Little, Brown and Co. Packman edited two subsequent editions of the manual, known today as The Washington Manual of Medical Therapeutics. The guide is revised every two to three years by Washington University faculty and chief residents, has been translated into 12 languages and continues to be one of the best-selling medical textbooks worldwide. Packman served as an outstanding clinician for many years, and Daniels continues to serve in this role, as an internist and endocrinologist. For 26 years, Neidorff led the Clayton-based company, growing it from a small health-care provider to a Fortune 25 behemoth and the region's largest company. Neidorff must be a fan of the Palm Beach area as he also owns a property on South Palm Beach. With his wife, Neidorff founded the Neidorff Family and Robert C. Packman Professorship at the School of Medicine. Centene has grown to nearly 76,000 employees serving all 50 states and 3 international countries. She was already friends with some members of the St. Louis Symphony before they moved to the city. While other health insurers left the Obamacare business, selling individual coverage under the ACA, Centene not only continued to provide such health insurance through a rough period in 2016 and 2017, the company expanded and is today the biggest provider of such subsidized coverage under the law. 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. 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. Mr. Neidorff had worked for a unit of UnitedHealthcare when he was recruited to be chief executive of Coordinated Care, the small managed-care company that would become Centene. ST. LOUIS (KMOV) -- Michael Neidorff, who led Clayton-based Centene Corporation for 26 years as CEO and president, died at 79 years old. He graduated from Trinity University and St. Francis College with a Master of Arts degree. He was 79. CLAYTON Longtime Centene Corp. leader Michael Neidorff, a pillar of the St. Louis business community, died on Thursday at the age of 79. [3], He earned a bachelor's degree in political science from Trinity University in 1965[4] and a master's degree in industrial relations at St. Francis University. Michael F. Neidorff, who as chief executive officer of Centene Corp. transformed a tiny medical insurance firm serving three counties in 1996 into a . Nomi and Michael Neidorff have committed $5 million to Washington University School of Medicine in St. Louis to honor highly regarded physicians Robert C. Packman, MD, and John S. Daniels, MD, with the establishment of two new endowed professorships in their names. He was 79. Neidorff owns a luxurious home on Palm Beach. "Our hearts go out to Noemi and the Neidorff family. 2001-2004 At the time of the move, both were unfamiliar with the city. His beliefs are also reflected in his personal life as he prefers to make a change in his community rather than simply standing on the sidelines hoping things will improve. Under Mr. Neidorffs leadership, Centene chose to concentrate on government-sponsored insurance through Medicaid for low-income individuals and Medicare for older people and the disabled. As part of the collaboration, Centene committed to funding of up to $100 million over 10 years in research at the School of Medicine. The School of Medicine is a leader in medical research, teaching and patient care, ranking among the top 10 medical schools in the nation by U.S. News & World Report. She went on to become a classical pianist and earn both her bachelor's and master's degrees from the Manhattan School of Music. Remembering Michael F. Neidorff Neidorff was Centene Corporation 's visionary leader for more than 25 years. The company says Neidorff passed away Thursday surrounded by his family and friends. She has received two Robert G. Fenley writing awards from the American Association of Medical Colleges. Tamara covers pathology & immunology, medical microbiology, infectious diseases, cell biology, neurology, neuroscience, neurosurgery and radiology. She joined WashU Medicine Marketing & Communications in 2016. as Obamacare hit record levels during the pandemic. 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. He was a beloved husband to Nomi Neidorff, father to Peter Neidorff and the late Monica Neidorff, and brother to Susan Neidorff Reinglass and Robert Neidorff. He was a beloved husband to Nomi Neidorff, father to Peter Neidorff and the late Monica Neidorff, and brother to Susan Neidorff Reinglass and Robert Neidorff. Michael Neidorff, who as CEO and chairman turned Clayton-based Centene Corp. into the nation's leader in managed care services and the St. Louis region's largest public company, died Thursday,. He is a board member of the National Urban League and served as its chairman from 2014 through 2019. I write about healthcare business and policy, oversee the health insurer as part of a deal with Politan Capital Management, the company announced Dec. 14, 2021. Many companies discriminate against ex-convicts despite the nature of, Read More Does FedEx Hire Felons?Continue, Recently, Kubota introduced the concept for a robotic tractor called the X Tractor. Scientists are starting to understand why, Rabbi Harold Kushner, whose works of practical theology were best-sellers, dies at 88, Former St. Louis artists baby album for daughter documents Israels founding, Tucker Carlsons senior producer repeatedly made antisemitic comments to Jewish staffers, lawsuit claims, Jewish doctors in the Warsaw Ghetto secretly documented the effects of Nazi-imposed starvation, Two ways to see Dale Chihuly artwork and how living on a kibbutz changed his life, Greetings from Mirowitz Gala Set for May 7, Rep. Ann Wagners resolution honoring Israels 75th passes. In December, the company agreed to change the composition of its board, and Mr. Neidorff announced that he would retire as chief executive in 2022. She continued postgraduate studies at Columbia University. He is One of the Top 20 Business People, 3. Already a subscriber? Michael served as chairman of the board of trustees for his alma mater, Trinity University, in San Antonio, Texas, and in 2021, Trinity University named its business school, the Michael Neidorff School of Business in his honor. Opinions expressed by Forbes Contributors are their own. Centene grew into the Medicare Advantage industry under Neidorff, the privatized health benefits that a variety of health insurers give seniors through contracts with the federal government. Michael Neidorff and his wife, Noemi, both grew up on the East Coast. 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. Nomi and Michael Neidorff have committed $5 million to Washington University School of Medicine in St. Louis to honor highly regarded physicians Robert C. Packman, MD, and John S. Daniels, MD, with the establishment of two new endowed professorships in their names. Michael Neidorff is chairman, president and CEO of Centene Corp. Michael died on Thursday, April 7, 2022, surrounded by his wife, family, and friends, after a long illness. [24], He died of complications of an infection in St. Louis on April 7, 2022, at the age of 79.[25][18]. Michael Neidorff grew up in Altoona, Penn., and earned his bachelors degree from Trinity University in San Antonio and his masters degree from St. Francis College (now St. Francis University). an health, and highlighting and building on the strengths of the St. Louis region. In March, he formally stepped down after Sarah London was named his replacement. He served as chairman of the board of trustees for the National Urban League and was inducted into the Hall of Fame for Junior Achievement of Greater St. Louis. He served . In appreciation of this gift, the business school was named the Michael Neidorff School of Business. They have also supported and become benefactors for many cultural and educational institutions in the area. 660 S. Euclid Ave., St. Louis, MO 63110-1010. [20][21] Neidorff and his wife Nomi, the former board chair of the Opera Theatre of St. Louis, were patrons to the arts and supported many music and educational organizations in Missouri and elsewhere. Neidorff was born in 1942 in Altoona, Pennsylvania. In the past few months, some of the most gifted research groups at our School of Medicine have pivoted to an exclusive focus on COVID-19, investigating all aspects of the virus and how it interacts with the body so we can develop drugs and vaccines to block it. As such, he has what one might call a rather challenging task, seeing as how his corporation doesnt exactly have the best of reputations in a, Read More 10 Things You Didnt Know about Philip Morris CEO Andr CalantzopoulosContinue, Anil Stocker is a businessman and entrepreneur who serves as the chief executive officer of a company called MarketFinance. Today, the company he built provides healthcare for nearly 1 in 15 vulnerable individuals, and his life's work has transformed the delivery . In this photo, Neidorff attends 2019 Forbes Healthcare Summit at the Jazz at Lincoln Center on December 05, 2019 in New York City. 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. She serves on the Kennedy Centers International Committee on the Arts and was a past president of the National Symphony Orchestras National Trustees. The company he built provides health care for nearly one in 15 vulnerable Americans, Ms. London said in a statement. In the 1980s, Neidorff served as president and chief executive officer of Physicians Health Plan of Greater St. Louis, as well as director of worldwide consumer products at Miles Laboratories. The Robert C. Packman Professorship in virology and the John S. Daniels Professorship in immunology celebrate the wisdom, dedication and accomplishments of Packman, a former School of Medicine faculty member who is now senior vice president of medical affairs at Centene Corp., and Daniels, a Washington University associate professor of clinical medicine who specializes in endocrinology and metabolism. Both have been lauded for providing compassionate and meticulous care for patients. Having had a love for the arts, Michael served on the board of the St. Louis Symphony Orchestra, as a trustee for the Opera Theatre of St. Louis, and as Treasurer of the Kennedy Center Board of Trustees. Michael Neidorff joined Centene as CEO in 1996 and led the company in its remarkable trajectory from a $40 million single health plan to a multinational $125 billion health care enterprise serving 25 million members. This is a leading multi-line healthcare enterprise that was founded in 1984 as a single health plan and now encompasses a range of medical insurance and health care programs. Michael Neidorff was one of the most philanthropic individuals in the country. Last September, he donated $25 million to Trinity for the Michael F. Neidorff School of Business. [17] Neidorff also served as a board member for the Greater St. Louis Boy Scouts of America, Manhattan School of Music, Opera Theater of St. Louis, and St. Louis Symphony Orchestra, and was the Chairman of the Board of Trustees at Trinity University. Daniels was born and raised in Fort Smith, Ark., as the son of Jewish immigrants who escaped the Holocaust. Centene With over 10 years experience he's covered businesses, CEOs, and investments. No questions asked.. To advance and support lifesaving research in those fields, Nomi and I are honored to endow professorships in recognition of the tireless work of two pioneering physicians, Michael Neidorff said. They took advantage of the fact that other companies were risk averse and exiting., When state officials and government regulators were concerned that some counties in the United States would be left without a carrier willing to sell insurance under the Affordable Care Act, Mr. Neidorff agreed to provide coverage in some of those markets, said Jesse Hunter, a former chief strategy officer for Centene, and there was never any hesitation.. He built a remarkable American business success story and his commitment to providing affordable, high-quality health care to the most vulnerable people transformed lives across the globe.. He graduated from Trinity University and St. Francis University with a Master of Arts degree. He graduated from Altoona High School in 1961. It was reported that Neidorff paid $6.3 million for the four-bedroomed home. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. [7][8], In 1995, he became chief executive of Group Health Plan and was vice president of its parent company, Coventry Corp.[3][7] The following year, Neidorff joined Centene, then called Coordinated Care Corp., as its chief executive officer. Nonetheless, looking for a job as a felon is never a piece of cake. 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. Rep. Cori Bush among 19 voting against, Archbishop Rozanski joining Rabbi Stiffman to speak to St. Louis Jewish community for first time, Karen Kaye trying to boot scoot to win in Ms. Missouri Senior America Pageant this weekend, Stan Kroenke owned soccer club launches Jewish fan group to combat antisemitism, Saul Mirowitz Jewish Community School announces the Raise Your Yad Challenge. Michael was Centene Corporations visionary leader for more than 25 years, the company statement said. Michael Neidorff was 79. After a lengthy illness, Michael F. Neidorff passed away on Thursday, April 7, 2022 surrounded by his family and friends. Under his direction, the Centene Corporation became a major provider of low-cost health plans. In acknowledgment of their support of the University, Washington University presented the couple with the Robert S. Brookings Award. He also established the payer's headquarters in St. Louis, where it remains today. Michael Neidorff was one of the most philanthropic individuals in the country. While he is well-known in business circles, there are probably many things that you do not know about this successful businessman. One of His Top Fundraisers Is a Major Player in Prison Health Care", "Top health care leaders apparently aren't Trump fans", "Longtime Centene CEO Michael Neidorff Dies", https://en.wikipedia.org/w/index.php?title=Michael_Neidorff&oldid=1149247839, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 11 April 2023, at 01:46. I am deeply appreciative of our employees who have worked tirelessly and with an unwavering commitment to serving our members and partners. Rep. Cori Bush among 19 voting against, Archbishop Rozanski joining Rabbi Stiffman to speak to St. Louis Jewish community for first time, Karen Kaye trying to boot scoot to win in Ms. Missouri Senior America Pageant this weekend, Stan Kroenke owned soccer club launches Jewish fan group to combat antisemitism, Saul Mirowitz Jewish Community School announces the Raise Your Yad Challenge. When Neidorff first joined Centene in 1996, the company had just 40,000 covered members. This monumental donation is the single largest in the University's history. Neidorff had taken a medical leave of absence two months ago and internal Centene executive Sarah London was named chief executive officer last month, replacing Neidorff, who had been Centenes CEO since 1996. He was dedicated to supporting arts and civic organizations. But Andy Slavitt, former head of the Centers for Medicare & Medicaid Services during the Obama administration, said he called Neidorff at that time and the CEO agreed to enter Maricopa County, Arizona, the largest market in the state that includes Phoenix. Michael was Centene Corporation's visionary leader for more than 25 years. Neidorff was Centene Corporations visionary leader for more than 25 years. The COVID-19 pandemic has caused enormous suffering in the St. Louis area and around the world, and it is unlikely to end until we find a way to prevent transmission and treat the disease, Chancellor Andrew D. Martin said. He was also active in philanthropy. St. Louis Post-Dispatch in a report Thursday. He was a brother to Susan Neidorff Reinglass and Robert Neidorff. 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. For the best Barrons.com experience, please update to a modern browser. Centene said Thursday that Michael Neidorff, the companys longtime CEO, has passed away. He grew up in Altoona, Pennsylvania. Neidorff owns a luxurious home on Palm Beach. Neidorff led the Clayton-based company for 26 years . They now both serve on the board of trustees for the St. Louis Symphony with Noemi as vice chair and Michael as a life trustee. Several of the new board members including former WellCare chief executive Ken Burdick and former Anthem chief financial officer Wayne DeVeydt, have a health insurance background and expertise in areas that Centene is strong in such as Medicaid and individual coverage under the Affordable Care Act as well as Medicare Advantage. Centene grew into a national healthcare behemoth under Neidorffs leadership, with revenues surpassing $126 billion in 2021 as more Americans signed up for Medicaid, the low-income patient health insurance it administers through state contracts, and individual coverage under the Affordable Care Act, also known as Obamacare, reached new highs during the pandemic.
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