Yahoo Finance January 15, 2020
Centene (CNC), one of the largest health insurers in the country, is working on several initiatives to help create a more robust market.
CEO Michael Neidorff told Yahoo Finance that the company is advocating for changes to drive down the costs of care, and make payment systems more efficient.
A big piece of solving that puzzle is technology and innovation, particularly in the medical device and diagnostics space.
“Technology, in every industry, comes through when costs get out of control,” Neidorff said at the annual JP Morgan health care event in San Francisco. That emphasis differs from the industry’s traditional focus on services.
That includes artificial intelligence, where Centene is working with other companies to ensure claims payments and bill...