MiCare Path Achieves Major Growth with Compwell Acquisition and New Funding
MiCare Path's Expansion Journey
In a significant milestone for virtual healthcare, MiCare Path has successfully closed its fourth funding round while acquiring Compwell, LLC, a Tennessee-based provider specializing in care management and virtual assessments. This strategic move is aimed at bolstering MiCare Path's ongoing commitment to revolutionizing care delivery across the United States.
Founded with the vision that patient care should effortlessly extend beyond the confines of traditional office visits, MiCare Path has already made substantial inroads by supporting tens of thousands of patients from various medical specialties nationwide. By establishing partnerships with progressive clinicians, the company has committed itself to making healthcare not only more accessible but also more personalized and effective.
MiCare Path’s comprehensive virtual care platform enables services such as Remote Patient Monitoring (RPM), Chronic Care Management (CCM), and Principal Care Management (PCM). These tools serve as vital resources, allowing care teams to efficiently gather and analyze continuous data-driven insights, which ultimately lead to improved patient outcomes.
Scott Laster, the President and CEO of MiCare Path, emphasized the guiding principle behind the company’s initiatives: “We started MiCare Path with a belief that patient care should continue beyond the office visit.” This assertion is increasingly relevant as the healthcare industry transitions towards value-based models, and MiCare Path is stepping up to meet these evolving demands through the adoption of advanced AI technologies. These innovations not only improve clinical efficiency but also automate key workflows, paving the way for more proactive and personalized care.
Operating with a team of over 40 employees nationwide, MiCare Path aims to set a new standard in virtual care with its ‘health-digital’ approach, ensuring that the human connection between clinicians and patients remains at the forefront of its services. The recent funding and acquisition position MiCare Path to further expand its clinical programs while enhancing collaboration with health systems and propelling AI innovation across its FDA-registered software platform.
Through its integrated virtual care offering, MiCare Path effectively lessens the burden on care teams while supporting real-time decision-making. This is instrumental in creating personalized care plans and improving patient education. By partnering with leading healthcare providers across the country, MiCare Path ensures that thousands of patients receive the continuous care they need, thus enforcing its mission to enrich everyday lives.
As MiCare Path forges ahead, it remains dedicated to its original vision: to ensure that patient care transcends traditional barriers—bringing healthcare directly into patients' everyday lives. With Compwell now integrated into its operations and new funding secured, the company is set to embark on an even broader journey to enhance the healthcare landscape throughout the U.S. every day.
About MiCare Path
MiCare Path aims to extend care beyond the office visit through a reimbursable virtual care platform that improves outcomes while alleviating the demands on care teams. Their mission has always focused on delivering connected, ongoing care that benefits both clinicians and patients. Founded in 2019, MiCare Path collaborates with leading physician groups and healthcare systems to facilitate seamless patient experiences across the country.