myNEXUS, Inc., a Brentwood, Tennessee-based technology-driven, care management service, received a majority investment from funds managed by MTS.
The terms of the transaction were not disclosed. The company’s senior management team will continue to be led by co-founders John W. “Wally” Dant, III and McArthur VanOsdale, who serve as Executive Chairman and CEO, respectively. They will hold a significant ownership stake in myNEXUS.
The company intends to use the proceeds to expand the platform and broaden its reach with payors, providers and the individuals.
myNEXUS provides a technology-driven care management service that manages an individual’s health, by monitoring his/her health status daily via a system which allows them to detect, prevent and intervene at the appropriate times resulting in better outcomes, decreased re-hospitalizations and lower costs.
FinSMEs
24/10/2014