Summa Health Merger News

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Summa Health in Akron to be acquired by HATCo, a venture …

(4 days ago) WebHATCo, a new health care venture capital firm, to acquire Summa Health in Akron. Summa Health is trying something radical to secure its long-term future serving …

https://www.beaconjournal.com/story/news/local/2024/01/17/summa-health-akron-to-be-acquired-by-hatco-venture-capital-firm/72233765007/

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Summa Health is bought by venture capitalists, so what happens …

(5 days ago) WebThe nonprofit Summa Health, one of the best known institutions in Summit County has been bought by a for-profit company. Lisa, what does that mean for medical …

https://www.cleveland.com/news/2024/01/summa-health-is-bought-by-venture-capitalists-so-what-happens-to-medical-care-today-in-ohio.html

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Summa Health and General Catalyst’s HATCo announce plans for

(2 days ago) WebSumma Health’s clinical services are consistently recognized by the American Nurses Credentialing Center (Magnet status), The Joint Commission, …

https://www.businesswire.com/news/home/20240117664403/en/Summa-Health-and-General-Catalyst%E2%80%99s-HATCo-announce-plans-for-acquisition-that-will-transform-the-future-of-healthcare

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Non-profit Summa Health to be acquired by health - News 5 …

(1 days ago) Weband last updated 3:56 PM, Jan 17, 2024. AKRON, Ohio — Summa Health announced Wednesday that it had signed a letter of intent to be acquired by the …

https://www.news5cleveland.com/news/local-news/non-profit-summa-health-to-be-acquired-by-health-care-venture-capital-firm

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Summa Health to be acquired by HATCo and become for-profit

(9 days ago) WebUpdated:12:15 AM EST January 18, 2024. AKRON, Ohio — Summa Health, an Akron-based, non-profit hospital system, is set to be acquired by health care venture …

https://www.wkyc.com/article/news/local/akron/akron-based-summa-health-acquired-hatco-for-profit-organization/95-bce26c0f-3d4c-4dcf-8034-60672330e419

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Nonprofit Summa Health hospital system to be acquired by …

(4 days ago) WebThis is Summa Health’s second-attempted merger in recent years. Plans to join the Michigan-based Beaumont Health didn’t go forward with in 2020. Late last year, …

https://www.ideastream.org/health/2024-01-17/nonprofit-summa-health-to-be-acquired-by-private-venture-capital-firm

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General Catalyst to acquire Ohio nonprofit Summa Health

(Just Now) WebIn 2022, the most recent period full-year data is available, the nonprofit brought in $1.8 billion in revenue. General Catalyst aimed to spend between $1 billion …

https://www.healthcaredive.com/news/general-catalyst-summa-health-nonprofit-hospital-acquisition-hatco/704752/

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VC General Catalyst’s HATCo to Buy Akron’s Summa Health

(4 days ago) WebIn October 2023, former Intermountain Health CEO Marc Harrison, M.D., announced he would lead a new company owned by venture capital firm General …

https://www.hcinnovationgroup.com/finance-revenue-cycle/mergers-acquisitions/news/53082786/vc-general-catalysts-hatco-to-buy-akrons-summa-health

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Summa Health defends proposed acquisition by venture capital …

(Just Now) WebPublished January 29, 2024 at 8:11 PM EST. Summa Health. Akron-based Summa Health may be acquired by a venture capital firm. Despite concerns from the community, …

https://www.ideastream.org/health/2024-01-29/summa-health-leaders-defend-proposed-acquisition-by-venture-capital-company

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Akron’s Summa Health to be acquired by venture capital firm

(Just Now) WebAKRON, Ohio — Summa Health, an independent hospital since its creation in 1989, will be acquired by a for-profit company that aims to put technology at the forefront of healthcare …

https://www.msn.com/en-us/money/companies/akron-s-summa-health-to-be-acquired-by-venture-capital-firm-health-assurance-transformation-corp/ar-AA1n8egn

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Kirkland Advises General Catalyst and HATCo on Summa Health …

(3 days ago) WebAs part of HATCo, Summa Health will build upon its existing strengths and capabilities and create new opportunities to leverage innovative technology that will …

https://www.kirkland.com/news/press-release/2024/01/kirkland-advises-general-catalyst-and-hatco-on-summa-health-acquisition

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Summa Health and General Catalyst’s HATCo announce plans for

(1 days ago) WebAKRON, Ohio, January 17, 2024--Akron, Ohio-based Summa Health and General Catalyst’s Health Assurance Transformation Corporation (HATCo) announced today that …

https://finance.yahoo.com/news/summa-health-general-catalyst-hatco-152000314.html

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Summa Health CEO says deal to sell will allow it to retire debt

(1 days ago) WebA KRON, Ohio — The infusion of cash that Summa Health is to receive from its acquisition by Health Assurance Transformation Corp. will help Summa concentrate on medical …

https://www.msn.com/en-us/money/companies/summa-health-ceo-says-deal-to-sell-will-allow-it-to-retire-debt-focus-on-care/ar-AA1ncctY

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Our Acquisition of Summa Health: Coming Together To Transform

(6 days ago) WebSumma Health is one of the largest integrated delivery systems in Ohio. For over 130 years, Summa Health has served a diverse and changing community that is …

https://www.generalcatalyst.com/perspectives/our-acquisition-of-summa-health

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Hospital M&A Activity in 2024: What to Expect - MedCity News

(1 days ago) WebThe first quarter of 2024 saw a significant rise in M&A activity in the hospital and health system space, according to a new report from Kaufman Hall . Experts think …

https://medcitynews.com/2024/04/merger-acquisition-hospital-healthcare/

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Beaumont Health Signs $6.1B Hospital Merger Deal with Summa …

(7 days ago) WebJanuary 07, 2020 - Beaumont Health and Summa Health signed a definitive hospital merger agreement to make Summa Health a subsidiary of Beaumont Health after the …

https://www.revcycleintelligence.com/news/beaumont-health-signs-6.1b-hospital-merger-deal-with-summa-health

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Here answers to residents' questions about Summa sale to HATCo

(7 days ago) WebResidents asked questions about the Summa sale. Here's what we learned. Summa deal's merits outweigh its risks, panelists tell Akron residents Summa execs …

https://www.beaconjournal.com/story/news/local/2024/03/22/answers-to-questions-about-summa-sale-to-hatco/73042905007/

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Hackensack Meridian Health NJ to sell most of nursing homes

(7 days ago) WebThe agreement affects 11 of Hackensack Meridian's 14 long-term care facilities, with approximately 1,630 beds and 2,100 employees, a spokesman for the …

https://www.northjersey.com/story/news/health/2022/03/23/hackensack-meridian-health-nj-sell-nursing-homes/7140841001/

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Merger Finalized For The Largest Hospital Chain In New Jersey

(2 days ago) WebMerger Finalized For The Largest Hospital Chain In New Jersey - New Brunswick, NJ - Robert Wood Johnson and Barnabas Health will join forces in 2016, …

https://patch.com/new-jersey/newbrunswick/merger-finalized-largest-hospital-chain-new-jersey

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Hackensack Meridian and Englewood Health continue fight for …

(4 days ago) WebThe health system said on Wednesday that it will challenge in appellate court the Federal Trade Commission’s complaint that the merger would reduce hospital …

https://www.northjersey.com/story/news/health/2021/08/27/hackensack-meridian-englewood-health-continue-fight-merger-bergen-county-nj/5602727001/

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RWJ, Barnabas Health Merger Creates NJ’s Largest Health Care - PBS

(4 days ago) WebThe new RWJ Barnabas, the product of a merger between Robert Wood Johnson and Barnabas Health, includes 11 acute care hospitals and dozens of other facilities and will …

https://www.pbs.org/video/njtvnews-rwj-barnabas-health-merger-creates-njs-largest-health-care/

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