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Micare Path Announces Acquisition Of Smartrac™, Expanding Into Therapeutic Monitoring, Virtual Physical Therapy, Worker'S Compensation

PRIVATEJun 14, 2023

Acquiring Company

MiCare Path

Acquired Company

SmarTrac

MemphisBiotechnologyHealthcareHealth CareMedicalHealth Care

Description

MiCare Path, the market-leading digital health company that optimizes patient care, is expanding aggressively across markets in need of musculoskeletal (MSK) solutions by acquiring SmarTrac, the only "smart" patient compliance sensor on the market today, from OnTracMD.

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Company Information

Company

MiCare Path

Location

5900 Poplar Ave

Memphis, Tennessee, United States

About

MiCare Path, in partnership with clinicians, extends care beyond the office visit through its integrated, reimbursable virtual care platform. MiCare Path improves outcomes while reducing the burden on care teams and supports real-time clinical decision-making, delivers personalized care plans, and enhances patient education with a purpose-built technology platform and care team which deliver remote monitoring and care management. Founded in 2019, MiCare Path partners with leading physician groups, healthcare systems, and hospitals across the country, helping thousands of patients benefit from connected, ongoing care every day.

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Frequently asked

Who acquired SmarTrac?

SmarTrac was acquired by MiCare Path, based in Memphis. The deal was reported on June 14, 2023. MiCare Path, in partnership with clinicians, extends care beyond the office visit through its integrated, reimbursable virtual care platform. MiCare Path is privately held and operates in Biotechnology.

When did MiCare Path acquire SmarTrac?

MiCare Path's acquisition of SmarTrac was reported on June 14, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SmarTrac do?

SmarTrac is the only "smart" patient compliance sensor in the market today. It enables the care teams in both workers' compensation and remote therapeutic markets to monitor home exercise program compliance and so much more. It is privately held, operating in Health Care.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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