The health of individuals drives our focus on the environment, removing social barriers to health, and prioritizing responsible corporate governance. Anyone can read what you share. Michael Neidorff has been named as the highest paid executive in St. Louis for the third year running. He graduated from Trinity University and St. Francis College with a Master of Arts degree. The Neidorffs have long supported efforts to strengthen the St. Louis community. Centene.com uses cookies. 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. 660 S. Euclid Ave., St. Louis, MO 63110-1010. He served . This article about a United States businessperson is a stub. According to the company, Neidorff had taken on a new job as executive chairman until the end of 2022, and he planned to retire later this year. Packman served as an outstanding clinician for many years, and Daniels continues to serve in this role, as an internist and endocrinologist. For ten years, Michael Neidorff was a member of the Brown School National Council at Washington University. His family said the cause was an infection. In 1965, he graduated from Trinity University with a bachelors degree in political science and a masters degree in industrial relations from St. Francis College. 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. Consistently ranked a top medical school for research, Washington University School of Medicine is also a catalyst in the St. Louis biotech and startup scene. Under Neidorff, Centene had grown into a national player in the Medicaid business as well as individual coverage under the ACA known as Obamacare. 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. Longtime CEO of Centene Health Insurance, Michael Niedorff, has died at the age of 79. Remembering Michael F. Neidorff Neidorff was Centene Corporation 's visionary leader for more than 25 years. This copy is for your personal, non-commercial use only. He was a true champion of all of the values of the UL Movement & a tremendous ally, advocate and friend to the St. Louis community. He was dedicated to supporting arts and civic organizations. Michael Neidorff was one of the most philanthropic individuals in the country. And Centene under Neidorff expanded into the business of Medicare Advantage, the privatized health benefits myriad health insurers offer seniors via contracts with the federal government. Neidorff is best known for his humble nature and contribution to community development. Michael Neidorff has a consistent business strategy, and this is clear as he has adopted the same approach at Centene for more than 20 years. 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. Michael F. Neidorff in 2019. He was 79 years old at the time. She was already friends with some members of the St. Louis Symphony before they moved to the city. During his tenure, he served as president of the Barnes-Jewish Hospital Medical Staff Association, chaired the Barnes Hospital Medical Records Committee, served on the School of Medicine admissions committee, and chaired the Barnes Hospital Pharmacy and Therapeutic Committee. After a lengthy illness, Michael F. Neidorff passed away on Thursday, April 7, 2022 surrounded by his family and friends. 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. 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. Michael Neidorff is a businessman who is best-known as the Chief Executive Officer of the Centene Corporation. He was among the first to drive a transformation from health insurance to health care solutions focusing on whole-person health and holistic well-being physically, mentally, and financially for the millions of people that Centene served, Eyles said. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Michael's love and devotion for his family knew no bounds. He was 79. We are honored to have the Michael Neidorff School of . Over the next 25 years, he transformed it into a corporation that focused on providing health insurance under government programs like Medicaid and Medicare. 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. She played a significant role in founding the radio station Classic 107.3 FM, a station focused heavily on classical music and the arts. Neidorff was born in 1942 in Altoona, Pennsylvania. A nonprofit, independent news source to inform, inspire, educate and connect the St. Louis Jewish community. Our local approach allows us to help members access high-quality, culturally sensitive healthcare services. The Neidorff family has long been impressed with the quality of care delivered by physicians at the School of Medicine. His daughter, Monica Neidorff, died in 2021. 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. The gift honors the accomplishments of Packman, senior vice president of medical affairs at Centene, and Daniels, who, as an associate professor of clinical medicine at the School of Medicine, specializes in endocrinology and metabolism. 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. We've detected you are on Internet Explorer. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. 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, Neomi's husband, had taken a medical leave of absence and had been promoted to executive chairman until 2022. He leaves his wife Nomi Neidorff, a son Peter Neidorff and late daughter Monica Neidorff. [14][15], Michael Neidorff began serving on the board of the National Urban League in St. Louis in 2010, and in 2014, he was named the Chairman of the Board of Trustees. Centene Michael made diversity and inclusion a central focus of his leadership, building an international corporation where women, people of color, LGBTQ, veterans, and people with disabilities all have opportunities to lead and excel. Centene had grown to insurer 1 in 15 Americans. The couple has a deep and longstanding commitment to advancing human health, and highlighting and building on the strengths of the St. Louis region. His wife is Noemi. Centene, which is headquartered in St. Louis, appointed Sarah London, who had been vice chairwoman, as its chief executive in March. [3][5][6], In the 1980s, Neidorff was the director of international consumer products at Miles Laboratories, and worked as president and chief executive officer of Physicians Health Plan of Greater St. The Niedorff family were members of both Traditional Congregation and Kol Rinah. Findings point to brain areas that integrate planning, purpose, physiology, behavior, movement. Early on, he said, Mr. Neidorff recognized that fewer people were likely to be insured through their employer while the government programs were growing.. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. 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. There are no details on the parents of Michael at the moment. For those who are curious, the machine is an electric tractor that can operate 100 percent on its own. Neidorff got $4.7 million in bonuses in 2020, bringing his total annual profits to $24.96 million while laying off 3000 employees. 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. . Last September, he donated $25 million to Trinity for the Michael F. Neidorff School of Business. He Owns a Luxurious North Palm Beach Property, 5. She joined WashU Medicine Marketing & Communications in 2016. In 2016, he acquired a California insurer, Health Net, which offered private plans for another government program, Medicare. [3] After a long illness, Michael F. Neidorff passed away surrounded by his family and friends on Thursday, April 7, 2022, Centene said in a statement and obituary released on behalf of Neidorffs family. Tamara covers pathology & immunology, medical microbiology, infectious diseases, cell biology, neurology, neuroscience, neurosurgery and radiology. It now insures 25 million people. Neidorffs wife Noemi is a classically trained pianist. 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. 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. He completed his residency in internal medicine at Barnes Hospital before joining the clinical faculty of the School of Medicine. In 2017, Neidorff was named to Fortunes Businessperson of the Year list. 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. Remote team and machine learning help anesthesia clinicians head off and troubleshoot rare but potentially life-threatening events. 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. How much is Will Smith Net worth? You can learn more about Neidorff and see additional video tributes online. To be effective, boosters should target variants widely different from COVID-19 virus's original strain. Michael made diversity and inclusion a central focus of his leadership, building an international corporation where women, people of color, LGBTQ, veterans, and people with disabilities all have opportunities to lead and excel. Opinions expressed by Forbes Contributors are their own. 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 . When the Affordable Care Act provided an opportunity to sell low-cost private insurance through the state markets set up by the federal government, Mr. Ditmore recalled, Mr. Neidorff was eager to become a major player, despite uncertainty about how insurers should price their policies in the new market. She has received two Robert G. Fenley writing awards from the American Association of Medical Colleges. 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. Robert C. Packman and Dr. John S. Daniels are pillars of the St. Louis medical community, and these professorships will ensure their commitment to excellence in their respective fields is continued for generations.. we extend our sincere condolences to the Neidorff family. Michael's love and devotion. It was obvious they needed a complete change, said Robert Ditmore, a longtime Centene board member who was involved in the company. He was 79. Fortune has an annual list of the Top 20 Business People of the Year. While it is difficult to put into words the immeasurable impact he has had on this company and the members whose health has been transformed, and the communities that have been served, on behalf of all the Board at Centene we are immensely grateful and proud of the work Michael has inspired and delivered as our CEO. Neidorff had taken a medical leave of absence two months prior, and Sarah London, an internal Centene employee, was elected CEO last month, succeeding Neidorff, who had been the companys CEO since 1996. As co-chief resident at Barnes Hospital (now Barnes-Jewish Hospital), Packman and co-chief resident J. Russell Little, MD, created a pocket-sized outline on therapeutics for senior medical students to improve patient care. Today, the company he built provides healthcare for nearly 1 in 15 vulnerable individuals, and his life's work has transformed the delivery . Neidorff joined the White House economic recovery task committee on reopening the US following the COVID-19 pandemic in April 2020. 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. A cause of death was not disclosed. Michael F. Neidorff, who built the Centene Corporation from a small Milwaukee health plan into the nations largest insurer for the governments Medicaid program and a stalwart of the Obamacare markets, died on April 7 in St. Louis. [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.
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