Virtual care specialist MiCare Path has acquired fellow Tennessee company Compwell, a provider of care management and virtual assessments, and closed its fourth funding round.

MiCare Path supports tens of thousands of patients across a dozen medical specialties nationwide through partnerships with clinicians who share its vision of making healthcare more personal, accessible and effective.

Its reimbursable, integrated virtual care platform powers remote patient monitoring, remote therapeutic monitoring, chronic care management and principal care management, enabling care teams to deliver continuous, data-driven insights and improve outcomes across the USA. MiCare Path is also expanding the use of AI tools to enhance clinical efficiency, automate key workflows and drive more proactive, personalised patient care.

“We started MiCare Path with a belief that patient care should continue beyond the office visit,” said Scott Laster, CEO of MiCare Path. “That belief continues to guide our growth today. With both the close of this funding round and our acquisition of Compwell, we are now strengthened to scale our national footprint and resourced to support clinicians and patients with complete, turnkey services and technology for both clinics and hospital systems, extending care to every patient we serve.”

The company continues to deliver more cost-effective and connected patient care as healthcare shifts towards value-based models. With more than 40 employees nationwide, the firm is setting a benchmark for virtual care through its health-digital approach, that amplifies, rather than replaces, human connection of the clinicians and patients.

The new capital and acquisition will fuel continued expansion of MiCare Path’s clinical programmes, deepen collaboration with health systems and accelerate AI innovation on top of its FDA-registered software platform. With proven results across tens of thousands of patients and clinics, MiCare Path remains focused on a mission to help clinicians extend care beyond the office visit to patients’ everyday lives.

Founded in 2019, MiCare Path (micarepath.com) partners with physician groups, healthcare systems and hospitals across the USA, helping thousands of patients benefit from connected, ongoing care every day.