Fall 2016 issue of Horizons
the St. Louis market has seen several deals, being led by Centene, SSM and Mallinckrodt. In August 2015, SSM closed a deal to acquire St. Louis University Hospital from Tenet Healthcare Corp. St. Louis healthcare giant Centene has been, perhaps, the most active. In March 2016, it closed on its $6 billion acquisition of California-based Health Net Inc. The deal secured Centene’s position as the nation’s largest Medicaid managed care organization. The deal will add to Centene’s existing $37 billion in annual revenue. Along with the acquisition, Centene is in the process of a massive corporate expansion at its national headquarters in downtown
Clayton, Missouri. The expansion includes a 20-story, 660,000-square-foot building on Hanley Road, across from its current headquarters which opened six years ago. The expansion is estimated to bring approximately 2,000 additional jobs to the Clayton area. The industry is constantly evolving and changes are prevalent. With the upcoming presidential election looming, significant additional changes are possible as Democrats and Republicans battle over the future structure of the U.S. health system.
RubinBrown’s Healthcare Services Group RubinBrown’s Healthcare Services Group provides a broad array of services to a diverse group of clients in the healthcare industry including hospitals, physician practices, multi-site medical groups and not-for-profit health organizations.
Tom Zetlmeisl, CPA, CFE, CFF, CGMA — St. Louis
Greg Osborn, CPA, CGMA — Denver Partner Healthcare Services Group 303.952.1250 email@example.com
Partner-In-Charge Healthcare Services Group 314.290.3395 firstname.lastname@example.org
Kristin Bettorf, CPA — St. Louis Partner & Vice Chair Healthcare Services Group 314.290.3416 email@example.com
Mary Ramm, CPA — Kansas City Partner Healthcare Services Group 913.499.4406 firstname.lastname@example.org
Eric Westby, CPA — St. Louis Partner & Vice Chair Healthcare Services Group 314.290.3339 email@example.com
www.RubinBrown.com | page 45
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