Ohio-based Summa Health and General Catalyst's Health Assurance Transformation HATCo, has signed a definitive agreement to purchase Summa for $485 million.
Summa Health is a nonprofit healthcare system with over 30 locations throughout the Akron and Canton areas.
The purchase price, when added to Summa Health’s current cash, will allow the health system to dispose of $850 million in existing...
Venture capital firm General Catalyst announced its recently formed business venture Health Assurance Transformation Corporation (HATCo) intends to purchase Ohio-based Summa Health, a nonprofit healthcare system with over 30 locations throughout the Akron and Canton areas.
Summa Health, founded in 1989, is an integrated delivery system that has been operating for over 130 years. It was formed...
