Cincinnati, OH - River Cities Capital Funds announced today an investment in National Medical Solutions, a leading wound care and disease management solutions provider to acute care hospitals across the country. River Cities led the round with a $3MM investment and was joined by incumbent investors SSM Partners, Livingston Capital and management. The funds will be used to fuel the growth of new advanced wound centers and develop new clinical programs.
"National Medical Solutions boasts the most experienced and talented management team in the wound care industry," said Carter McNabb, Director at River Cities Capital Funds. "The teams' fundamental understanding of the industry, ability to innovate within the sector and proven success attracted us to the Company."
Robin Walsh, CEO of National Medical Solutions, is bullish on his NMS's prospects and optimistic about the newly formed partnership with River Cities. "We are very enthusiastic about our partnership with River Cities. Their insight and experience in health care and related information technology services provides a great benefit to our Company."
About National Medical Solutions
NMS develops strategic partner relationships with acute care hospitals to establish new Advanced Wound Care Centers, which provide leading clinical care to patients with complex medical conditions, including diabetes, obesity and congestive heart failure. Superior clinical outcomes and cost effective patient care attract providers, payers and patients to the NMS model.