Summa Health and General Catalyst’s HATCo Sign Definitive …
Nov 7, 2024 · Pending regulatory review and approval, HATCo would acquire Summa Health and make long-term investment in continued operations and transformative initiatives AKRON, Ohio, November 07, 2024 ...
General Catalyst’s HATCo to acquire Summa Health for $485M
3 days ago · General Catalyst’s Health Assurance Transformation business, or HATCo, has signed a definitive agreement to purchase Summa for $485 million. The deal, alongside the health system’s current ...
What Summa Health’s Deal with General Catalyst’s HATCo Means …
2 days ago · HATCo is committing $350 million in its first five years of ownership to improve technologies, while pledging an additional $200 million over the first seven years for strategic investments.
Summa Health Set to Join General Catalyst's HATCo in $485 …
6 days ago · HATCo's financial commitment extends to $550 million over seven years, intended for investment directly into technology, strategic enablements, and infrastructural improvements.
HATCo signs agreement to acquire Summa Health for $485m
6 days ago · The agreement outlines HATCo’s terms for the acquisition of Summa Health, involving a $485m purchase price. Summa Health’s existing cash and purchase price will help in eliminating the health ...
Agreement signed for HATCo to acquire Summa Health | wkyc.com
Nov 7, 2024 · Updated: 4:28 PM EST November 7, 2024. AKRON, Ohio — An agreement has been reached for General Catalyst’s Health Assurance Transformation LLC (HATCo) to acquire Akron -based Summa Health ...
Summa agrees to sell health system to HATCo for $485 million
Nov 7, 2024 · Akron’s Summa Health has signed a definitive agreement with General Catalyst’s Health Assurance Transformation Corporation (HATCo) as part of the company’s planned acquisition of the health system.. The organizations announced Thursday, Nov. 7, they had signed an agreement outlining the proposed terms and conditions of the acquisition, which is subject to regulatory review and approval.
HATCo to purchase Summa Health, subject to ... - Cleveland 19 News
6 days ago · Published: Nov. 7, 2024 at 4:51 PM PST. AKRON, Ohio (WOIO) - Summa Health and General Catalyst’s Health Assurance Transformation LLC announced today that the two organizations have signed a ...
General Catalyst's HATCo to buy Summa Health for $485M
Nov 7, 2024 · HATCo has also committed to $350 million in capital funding in the first five years to upgrade technologies and infrastructure and another $200 million over the first seven years for strategic ...
Summa Health in Akron to be acquired by HATCo, a venture …
Jan 17, 2024 · Summit County’s largest employer and hospital system has agreed to become a guinea pig of sorts for a new venture capital company aimed at transforming health care through technology. Summa and Health Assurance Transformation Corporation (HATCo) today announced they have signed a non-binding letter of intent outlining HATCo’s planned ...
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