Summa Health leadership has agreed to sell the hospital system to Health Assurance Transformation Company for $485 million, pending regulatory review. The number aligns with a third-party appraisal.
Summa Health will host a public hearing later this month on its proposed sale to Health Assurance Transformation Company (HATCo), a for-profit subsidiary of venture capital firm General Catalyst. The ...
An activist with the Summa Is Not For Sale coalition is challenging the financial terms in HATCo's planned acquisition of Summa. Summa's board chair and a hospital spokesperson said a third-party ...
General Catalyst, a major venture capital firm with some big-name healthcare investments, revealed its plans to buy a health system that could serve as a testing ground for new technology at the HLTH ...
Akron-based Summa Health to be acquired by HATCo and become for-profit: What this means for patients
AKRON, Ohio — Summa Health, an Akron-based, non-profit hospital system, is set to be acquired by health care venture capital firm Health Assurance Transformation Corporation (HATCo). The two ...
AKRON, Ohio — An Akron grassroots organization on Friday challenged the proposed sale of Summa Health to a venture capital firm, stating that the $485 million price tag for Summa Health’s acquisition ...
The hearing will take place the evening of July 30 in the main auditorium of the Akron-Summit County Public Library's Main Library at 60 S. High St. in Akron. The public are invited to comment on the ...
This story has been corrected to fix an error. Health Assurance Transformation Company's acquisition of Summa Health is scheduled to close on Oct. 1, Summa spokesman ...
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