YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
St. Louis managed health care provider Centene Corp. agreed to sell a majority stake it owns in a home health business.
The buyers of the stake in U.S. Medical Management LLC are Rubicon Founders; Valtruis, a portfolio company of Welsh, Carson, Anderson & Stowe (WCAS); Oak HC/FT; and HLM Venture Partners, the St. Louis Business Journal reports.
Centene, which will keep a minority stake in the business, purchased the Michigan-based company in 2013 for $200 million.
Read more from the St. Louis Business Journal.
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