The Oncology Institute went public via a SPAC merger with DFP Healthcare Acquisitions in an $842m deal.

The Oncology Institute, a provider of value-based oncology care, went public via a SPAC merger with DFP Healthcare Acquisitions, a special purpose acquisition company sponsored by Deerfield Management Company and Richard Barasch, a veteran healthcare public company executive and investor, in an $842m deal. "The Oncology Institute is disrupting the status quo in cancer care, and we are pleased to assist them in continuing their mission of broadening access to high quality, value-based care. Brad and his team have created a scalable, replicable model with difficult-to-duplicate capabilities that facilitate rapid expansion. We believe that their high-touch, data-driven approach to cancer care represents the model of the future. This business combination will create a well-capitalized company that is poised to expand organically, through accretive M&A activity, and via strategic payor relationships," Richard Barasch.