Centene’s Board Of Directors Appoints Sarah London As Vice Chairman
ST. LOUIS, Sept. 7, 2021 /PRNewswire/ — Centene nowadays introduced two critical appointments, more aligning our firm composition and operating product with our strategic priorities and accelerating impression to the business and worth development. Sarah London, now President, Centene Wellbeing Care Enterprises and Government Vice President of State-of-the-art Technological innovation, has been appointed Vice Chairman, Centene Board of Administrators. Ms. London will carry on to be liable for Well being Treatment Enterprises and Advanced Engineering and will also established method and have accountability for Know-how, Business enterprise Digitalization, Company Tactic, Good quality Functions, Inner Audit, Compliance and Company Possibility Administration. Ms. London will go on to report to Michael Neidorff, Chairman and CEO. Prior to joining Centene, Ms. London served as a Associate for Optum Ventures and Main Product Officer for Optum Analytics, performing on solution strategy and expansion.
As component of modern leadership announcement, Brent Layton, currently President of Centene U.S. Overall health plans, Solutions and Intercontinental and Government Vice President, will turn into President and Chief Working Officer of Centene. In this enhanced job, he will be responsible for Wellbeing Strategies, Solutions, Company Functions, Populace Health and Clinical Operations, Marketing and advertising, Wellness Approach Professional medical, Specialty, Intercontinental and Business Development. In his 20 years with Centene, Mr. Layton has led the enhancement, implementation and progress of Centene health options, has performed an instrumental function in merchandise style and expansion, and has overseen strategic intercontinental abilities. The enhancement of Mr. Layton’s part improved positions the business for accelerated development and operational skills.
“On behalf of the board, we congratulate Sarah London and Brent Layton on their appointments,” stated Robert Ditmore, Direct Independent Director. “Dependable with our organizational advancement, succession preparing process, and price creation, we are pleased to title Sarah London as Vice Chair and Brent Layton as President and Main Working Officer. In the course of their time at Centene and during their professions, Sarah and Brent have shown the form of ground breaking management and strategic choice-making necessary for Centene’s following period of growth.”
“Centene’s coronary heart and soul is tied to the health and perfectly-being of the communities that we provide, and it is this feeling of reason that has propelled our advancement and effects,” stated Neidorff. “I am confident that Sarah and Brent’s appointments will further our legacy of giving obtainable, high-high-quality healthcare to our most vulnerable populations while preserving our leadership position as a excellent spot to work and to build benefit for our shareholders.”
The Office of the President will improve its identify to Office of the Chairman and CEO.
About Centene Company
Centene Corporation, a Fortune 25 firm, is a foremost multi-countrywide health care organization that is committed to serving to persons live healthier life. The Firm will take a nearby solution – with community manufacturers and nearby teams – to present entirely integrated, high-top quality, and expense-helpful services to authorities-sponsored and business health care packages, focusing on beneath-insured and uninsured people today. Centene offers affordable and higher-quality goods to nearly 1 in 15 folks throughout the nation, together with Medicaid and Medicare members (like Medicare Prescription Drug Strategies) as nicely as people today and people served by the Health Coverage Marketplace, the TRICARE plan, and folks in correctional facilities. The Firm also serves numerous global marketplaces, and contracts with other healthcare and business companies to give a wide variety of specialty services centered on dealing with the entire man or woman. Centene focuses on long-time period development and the development of its people, devices and capabilities so that it can much better provide its associates, suppliers, local communities, and government associates.
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You need to not place undue reliance on any forward-seeking statements, as precise outcomes may perhaps vary materially from projections, estimates, or other forward-hunting statements because of to a selection of crucial components, variables and gatherings such as, but not minimal to: the effects of COVID-19 on worldwide markets, economic conditions, the healthcare market and our effects of operations and the reaction by governments and other third parties the threat that regulatory or other approvals essential for the Magellan Acquisition may perhaps be delayed or not acquired or are issue to unanticipated circumstances that could have to have the exertion of management’s time and our resources or otherwise have an adverse result on us the probability that specific circumstances to the consummation of the Magellan Acquisition will not be happy or finished on a well timed basis and appropriately, the Magellan Acquisition may not be consummated on a well timed foundation or at all uncertainty as to the predicted monetary overall performance of the merged firm adhering to completion of the Magellan Acquisition the likelihood that the anticipated synergies and worth generation from the Magellan Acquisition or the WellCare Acquisition (or other obtained companies) will not be understood, or will not be recognized within just the respective envisioned time periods the risk that unexpected costs will be incurred in link with the completion and/or integration of the Magellan Acquisition or that the integration of Magellan Health and fitness will be far more difficult or time consuming than anticipated the hazard that possible litigation in relationship with the Magellan Acquisition may have an impact on the timing or event of the Magellan Acquisition or final result in significant expenses of defense, indemnification and legal responsibility a downgrade of the credit rating rating of our indebtedness the incapacity to keep key staff disruption from the announcement, pendency, completion and/or integration of the Magellan Acquisition or from the integration of the WellCare Acquisition, or very similar threats from other acquisitions we may well announce or total from time to time, such as opportunity adverse reactions or adjustments to small business associations with shoppers, staff members, suppliers or regulators, making it far more complicated to manage enterprise and operational relationships our capacity to properly forecast and efficiently take care of health and fitness rewards and other working fees and reserves, together with fluctuations in professional medical utilization prices due to the effects of COVID-19 competition membership and revenue declines or sudden traits adjustments in healthcare methods, new systems and improvements in medication enhanced health care expenditures modifications in economic, political or industry situations changes in federal or condition rules or regulations, which include alterations with respect to income tax reform or government healthcare plans as nicely as alterations with regard to the Patient Security and Inexpensive Treatment Act and the Health Treatment and Education Affordability Reconciliation Act (collectively referred to as the ACA) and any rules enacted thereunder that may outcome from altering political conditions, the new administration or judicial steps fee cuts or other payment reductions or delays by governmental payors and other dangers and uncertainties affecting our government businesses our skill to adequately price items tax matters disasters or big epidemics changes in expected deal start dates supplier, state, federal, foreign and other agreement improvements and timing of regulatory acceptance of contracts the expiration, suspension, or termination of our contracts with federal or condition governments (like, but not limited to, Medicaid, Medicare, TRICARE or other clients) the issues of predicting the timing or result of authorized or regulatory 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changes in anticipated closing dates, estimated purchase selling price and accretion for acquisitions the risk that acquired organizations will not be integrated efficiently restrictions and limitations in connection with our indebtedness our capability to sustain or accomplish advancement in the Centers for Medicare and Medicaid Solutions (CMS) Star scores and preserve or realize enhancement in other good quality scores in every circumstance that can effects revenue and future progress availability of debt and fairness financing, on terms that are favorable to us inflation international currency fluctuations and hazards and uncertainties discussed in the experiences that Centene has filed with the Securities and Trade Commission. This list of essential variables is not meant to be exhaustive. We explore specific of these issues a lot more entirely, as very well as selected other things that might affect our small business operations, fiscal condition and outcomes of operations, in our filings with the Securities and Trade Commission (SEC), such as our yearly report on Variety 10-K, quarterly reports on Form 10-Q and latest reports on Variety 8-K. Thanks to these essential components and pitfalls, we can’t give assurances with regard to our upcoming efficiency, such as without the need of limitation our means to manage enough high quality ranges or our potential to regulate our potential healthcare and promoting, general and administrative expenditures.
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