Wayspring Lands $75M Funding
Summary
NASHVILLE, TN, Wayspring, formerly axialHealthcare, announced today its new name and a $75 million investment. Wayspring announced today its new name and a $75 million investment from Valtruis, Centene Corporation, CareSource, HLM Venture Partners, and other leading investors. Wayspring will use the capital to scale its value-based care solution, a full-risk medical home model for substance use disorder (SUD). The company leverages data analytics to outreach to the highest-risk individuals and deliver high-touch, community-based peer support, behavioral health, and primary care. Wayspring also partners with existing provider networks to refer members to high-quality treatment, facilitate care transitions, and improve adherence to evidence-based medicine.