She went on to become a classical pianist after earning bachelors and masters degrees from the Manhattan School of Music. He's shown here at the 2019 Forbes Healthcare Summit at the Jazz at Lincoln Center on December 05, 2019 in New York City. Packman served as an outstanding clinician for many years, and Daniels continues to serve in this role, as an internist and endocrinologist. The professorships in their names will support research efforts in virology and immunology, areas in which Washington University has been internationally renowned and that are ever more important in helping our world confront current and future pandemic viral diseases. Updates on campus events, policies, construction and more. This site uses Akismet to reduce spam. 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. 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. Last year, Centene and the School of Medicine announced a historic, sponsored research project aimed at transforming and accelerating research into treatments for Alzheimers disease, breast cancer, diabetes and obesity. CLAYTON Longtime Centene Corp. leader Michael Neidorff, a pillar of the St. Louis business community, died on Thursday at the age of 79. 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,. 2022 Updated!! Michael Neidorff was one of the most philanthropic individuals in the country. 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. Through its affiliations with Barnes-Jewish and St. Louis Childrens hospitals, the School of Medicine is linked to BJC HealthCare. Remote team and machine learning help anesthesia clinicians head off and troubleshoot rare but potentially life-threatening events. 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. 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. It is one of the oldest universities in the United States, with its roots going back to the year 1884. He also established the payer's headquarters in St. Louis, where it remains today. A cause of death was not disclosed. 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 was raised in Altoona, Pennsylvania. 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. Centene CEO Michael, age 77-78, has lived in St. Louis since 1985. Neidorff, 79, served as the head of the insurer for 26 years, growing the company from a $40 million, single health plan into the $125 billion healthcare company that manages care for 25 million . 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. Tuesday of board appointments that will be made Jan. 5, 2022. I had questions about Medicaid; is it going to work? Mr. Ditmore said. [13] He announced plans to retire in 2022 after Politan Capital Management took a stake in Centene. . 'A sad day': Longtime Centene CEO Michael Neidorff dies at 79 The company says Neidorff passed away Thursday surrounded by his family and friends. [1] [2] He was a 1961 graduate of Altoona High School. He grew up in Altoona, Pennsylvania. Opinions expressed by Forbes Contributors are their own. Tamara worked in research labs for about a decade before switching to science writing. In 2020 he bought WellCare, a Florida Medicare Advantage insurer. Michael Neidorff and his wife, Noemi, both grew up on the East Coast. 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. This copy is for your personal, non-commercial use only. She serves on the Kennedy Centers International Committee on the Arts and was a past president of the National Symphony Orchestras National Trustees. She joined WashU Medicine Marketing & Communications in 2016. This property was formerly owned by Carol Lee 'Leezy' Sculley, who is the ex-wife of former Apple Chairman, John Sculley. 9430 Olive Blvd Saint Louis, Missouri MONICA NEIDORFF OBITUARY Neidorff, Monica March 24, 2021. Remembering Michael F. Neidorff Neidorff was Centene Corporation 's visionary leader for more than 25 years. In 2021, Michael Neidorff '65 and the Neidorff Family Trust gave $25 million for the University's AACSB-accredited business school. Mr. Neidorff expanded aggressively into the Medicaid market, despite concerns about whether it would be a successful venture. Michael Neidorff, longtime CEO of Centene, dies | FOX 2 As of 2022, Michael F. Neidorffs net worth is predicted to be at least $660 million USD. [22][23] The main concert hall at the Manhattan School of Music is named in their honor. 10 Things You Didn't Know About Centene CEO Michael Neidorff - Money Inc 2001-2004 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. 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. According to local property records, Niedorff and his wife own a condominium in the area. Washington University School of Medicines 1,500 faculty physicians also are the medical staff of Barnes-Jewish and St. Louis Childrens hospitals. Centene CEO Michael Neidorff makes big donation to his alma mater After a lengthy illness, Michael F. Neidorff passed away on Thursday, April 7, 2022 surrounded by his family and friends. Neidorff grew raised in Altoona, Pennsylvania, and was born in 1943. 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. In 2016, he acquired a California insurer, Health Net, which offered private plans for another government program, Medicare. 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. The couple has two children. Michael was Centene Corporations visionary leader for more than 25 years. He was 79. This year the company completed the purchase of Magellan Health, which specialized in providing mental health benefits. pic.twitter.com/Wj2GWg8QW1. 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. 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. In 2016, for example, there were certain markets where so many health insurers were pulling out of the business that there was a danger no plan would offer coverage in a particular market. He transformed a small company into a corporation focused on providing health insurance under government programs. He graduated from Trinity University and St. Francis College with a Master of Arts degree. Wiki Trivia on Michael Neidorff - Age, Wife, Family, & More. In acknowledgment of their support of the University, Washington University presented the couple with the Robert S. Brookings Award. Michael F. Neidorff in 2019. He graduated from Trinity University and St. Francis University with a Master of Arts degree. 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. [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. Neidorffs wife Noemi is a classically trained pianist. "It wasn't just financial. (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. He was dedicated to supporting arts and civic organizations. 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. You may opt-out by. 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. Neidorff was Centene Corporations visionary leader for more than 25 years. The Niedorff family were members of both Traditional Congregation and Kol Rinah. [7][9], Neidorff was listed on Fortune's Businessperson of the year list in 2017. In this photo, Neidorff attends 2019 Forbes Healthcare Summit at the Jazz at Lincoln Center on December 05, 2019 in New York City. Early life and education Neidorff was born in 1942 in Altoona, Pennsylvania. While other health insurers abandoned the Obamacare business of selling individual coverage under the Affordable Care Act, Centene not only kept providing such coverage through a difficult period in 2016 and 2017 but also expanded and is now the largest provider of such subsidized coverage under the law. This property was formerly owned by Carol Lee Leezy Sculley, who is the ex-wife of former Apple Chairman, John Sculley. Nomi and Michael Neidorff: Working to make life better Beloved daughter, sister, niece, cousin, compassionate friend to so many. 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 Neidorff was 79. 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. 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. LOUIS Michael Neidorff, the longtime CEO of Centene, has died after battling a lengthy illness, the company announced Thursday. Michael died on Thursday, April 7, 2022, surrounded by his wife, family, and friends, after a long illness. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. He Owns a Luxurious North Palm Beach Property, 5. Monica Neidorff cause of death: How did Michael Neidorff daughter die? Neidorff was Centene Corporation's visionary leader for more than 25 years. His philanthropy and personal generosity transformed the non-profit landscape throughout the state of Missouri and across the nation. She has received two Robert G. Fenley writing awards from the American Association of Medical Colleges. 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. The St. Louis Jewish Light is a community partner with Jewish Federation of St. Louis. 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. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. He was dedicated to supporting arts and civic organizations. Mr. Neidorff indicated in December that he would retire as chief executive in 2022, and he took a medical leave of absence in February. For those looking to increase their earnings, people who dont know better will provide advice to apply for a new job, get an offer, and use that offer as leverage for a higher salary at, Read More Dont Call My Bluff: Leveraging a Job Offer for a RaiseContinue, A criminal record does not have to be a sentence to unemployment. Michaels love and devotion for his family knew no bounds. Neidorffs commit $5 million to honor distinguished clinicians The couple has a deep and longstanding commitment to advancing human health, and highlighting and building on the strengths of the St. Louis region. 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.