M&A Deal Summary

Centene Acquires US Script

On December 21, 2005, Centene acquired healthcare services company US Script for 50M USD

Acquisition Highlights
  • This is Centene’s 5th transaction in the Healthcare Services sector.
  • This is Centene’s 6th largest (disclosed) transaction.
  • This is Centene’s 6th transaction in the United States.
  • This is Centene’s 1st transaction in California.

M&A Deal Summary

Date 2005-12-21
Target US Script
Sector Healthcare Services
Buyer(s) Centene
Deal Type Add-on Acquisition
Deal Value 50M USD

Target

US Script

Fresno, California, United States
US Script, Inc. is a pharmacy benefits manager (PBM) and processes pharmacy claims via its proprietary claims processing software.

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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 6 of 21
Sector (Healthcare Services) 5 of 14
Type (Add-on Acquisition) 2 of 14
State (California) 1 of 3
Country (United States) 6 of 19
Year (2005) 3 of 3
Size (of disclosed) 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-21 AirLogix

Dallas, Texas, United States

AirLogix, Inc., a industry provider in chronic respiratory disease management. Through their specialization in respiratory management, AirLogix uses self-care therapies, in-home interaction and powerful informatics processes to deliver effective clinical results, high patient-provider satisfaction and cost reductions in respiratory management.

Buy $35M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-18 Celtic Group

Chicago, Illinois, United States

Celtic Group, Inc., the parent company of Celtic Insurance Company, is a nationwide health insurance carrier based in Chicago, Illinois that provides health insurance to individual customers and their families.

Buy $80M