One of the deals responsible for self-directed care momentum in 2022 has been axed. In September, it was announced that the special acquisition purpose company (SPAC) DTRT Health Acquisition Corp. (Nasdaq: DTRT) would be merging with Consumer Direct Holdings (CDH). A new aging-in-place public company would be formed, reportedly one worth $681 million. That is […]
After hunting for an aging-in-place business to take public for a year, DTRT Health Acquisition Corp. (Nasdaq: DTRT) has found its match. DTRT Health — a special purpose acquisition company (SPAC) — announced Thursday that it will merge with Consumer Direct Holdings (CDH), a self-directed in-home personal care network. Once the merger is complete, the […]
The future of home-based care will very likely be dominated by managed care, according to a 40-year veteran of the space. Mark Heaney, CEO and chairman of DTRT Health Acquisition Group (Nasdaq: DTRTU), also predicts that the consolidation efforts made by home-based care providers won’t slow down in 2022. Heaney covered these topics and more […]
A new blank-check company is hunting for aging-in-place businesses to take public. And unlike other senior care-related special purpose acquisition companies (SPACs) launched in the past year, this one — DTRT Health — is led by a well-known home care veteran with ample public experience. “There’s quite a number of fascinating public-ready companies of scale, […]
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