M&A Deal Summary

Centene Acquires U.S. Medical Management

On December 12, 2013, Centene acquired healthcare services company U.S. Medical Management

Acquisition Highlights
  • This is Centene’s 7th transaction in the Healthcare Services sector.
  • This is Centene’s 9th transaction in the United States.
  • This is Centene’s 1st transaction in Michigan.

M&A Deal Summary
Date 2013-12-12
Target U.S. Medical Management
Sector Healthcare Services
Buyer(s) Centene
Deal Type Add-on Acquisition

Target

U.S. Medical Management

Farmington Hills, Michigan, United States
U.S. Medical Management LLC, is a management services organization and provider of in home health services for high acuity populations. USMM provides an integrated, physician driven model which coordinates comprehensive care management for complex populations.

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Buyer(S) 1

Buyer

Centene

St. Louis, Missouri, United States
Category Company
Founded 1984
Sector Insurance
Employees67,700
Revenue 154.0B USD (2023)
DESCRIPTION
Centene's corporate headquarters in St. Louis, Missouri.
Centene's corporate headquarters in St. Louis, Missouri.

Centene is a diversified, multi-national healthcare enterprise that provides programs and services to government sponsored healthcare programs, focusing on under-insured and uninsured individuals. Centene provides member-focused services through locally based staff by assisting in accessing care, coordinating referrals to related health and social services and addressing member concerns and questions. Centene also provides education and outreach programs to inform and assist members in accessing quality, appropriate healthcare services. Centene was incorporated in 1984 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 9 of 21
Sector (Healthcare Services) 7 of 14
Type (Add-on Acquisition) 5 of 14
State (Michigan) 1 of 2
Country (United States) 9 of 19
Year (2013) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-02 Specialty Therapeutic Care Holdings

Orlando, Florida, United States

AcariaHealth is a specialty pharmacy headquartered in Orlando, FL. The company is committed to providing unparalleled service to patients with complex and costly diseases such as Hepatitis C, rheumatoid arthritis, multiple sclerosis, cystic fibrosis and cancer.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-18 Fidelis SecureCare of Michigan

Detroit, Michigan, United States

Fidelis SecureCare of Michigan, Inc., is a provider in the development of Medicare Advantage Special Needs Plans for eligible individuals residing in their own homes, nursing homes and assisted living communities, with extensive knowledge and experience in caring for people with complex chronic conditions.

Buy -
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