Announced
Completed
Synopsis
MiCare Path, a digital health company, completed the acquisition of SmarTrac, a patient compliance sensor provider, from OnTracMD, a smart monitoring devices developer. Financial terms were not disclosed. "Adding this virtual physical therapy solution to our portfolio is a testament to MiCare Path's commitment to providing solutions aimed at optimizing MSK care solutions, within a broad diversity of markets, such as remote therapeutic monitoring, managed care, worker's compensation and real-world evidence generation for med-tech manufacturers. The SmarTrac technology will be a great leaping off point to continue our focus to drive deep innovation in these markets that can see the biggest impact of savings by providing technology-driven, preventative solutions," Scott Laster, MiCare Path CEO and Co-Founder.
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