Announced
Financials
Sources
Tags
Health Care Services
Domestic
Acquisition
Single Bidder
Private Equity
management services organization
United States
Majority
Private
Friendly
Pending
Synopsis
Investors Rubicon Founders, WCAS-backed Valtruis, Oak HC/FT and HLM Venture Partners agreed to acquire a majority stake in US Medical Management, a management services organization, from Centene, a publicly traded and managed care company based in St. Louis. Financial terms were not disclosed. "With more than 25 years of experience in home-based care, USMM has outperformed in numerous value-based care initiatives and consistently delivered lower costs, better health outcomes, and higher patient satisfaction ratings," Sarah London, Centene Vice Chairman.
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