Ontario-based RT Medical has announced the acquisition of True to You Homecare for an undisclosed price. True to You Homecare, formerly Homewatch Caregivers, has been providing home care services in the Toronto area for more than ten years.
RT Medical is a multi-faceted health and wellness organization offering home care services, medical devices and wellness products through e-commerce operations in Canada, the United States and Australia. RT Medical also offers virtual therapy services for psychotherapy, physiotherapy, occupational therapy and nutrition counseling. RT Medical started as Rapid Test & Trace Canada, a specialized online retailer of rapid tests.
This acquisition allows RT Medical to expand its healthcare service offerings and strengthen its position in the home care and health care staffing sectors.
According to data captured in the LevinPro HC database, this acquisition represents the 63rd Home Health & Hospice (HH&H) transaction of 2023. This is an approximately 28% decrease from last year, when 87 HH&H deals were announced between January 1, 2022, and September 14, 2022.
