Centene Sells Majority Stake In U.S. Medical Management

Centene agreed to sell a majority stake in U.S. Medical Management to Rubicon Founders; Valtruis, a WCAS company; Oak HC/FT; and HLM Venture Partners. Centene will retain a minority stake.

USMM is a family of companies providing healthcare in the home. USMM has also developed and owns several allied health assets, which assist in the provision of home-based primary care and furthers the value and efficiency of house-call medicine. Read more

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BK Medical Sold to GE for $1.45B

Altaris Capital Partners agreed to sell BK Medical, a surgical visualization tech company with offices in Boston and Copenhagen, to General Electric for $1.45 billion in cash.