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If the HATCo acquisition occurs any time in 2024, the properties would first become taxable Jan. 1, 2025. ... Deveny said “HATCo and Summa Health will maintain the health system’s commitment ...
Summa Health has announced that it is being acquired by HATCo, a new health care venture capital firm.. The deal, which could be wrapped up by mid-summer, would maintain or grow Summa’s staffing ...
On March 13, Rep. Emilia Sykes, D-Akron, sent a letter to HATCo CEO Dr. Marc Harrison raising concerns about the proposed acquisition of Summa Health.
Tom Campanella, the health care executive in residence at Baldwin Wallace University, is much more bullish – both about the possibilities at Summa and about Dr. Marc Harrison, who leads Health ...
At a meeting hosted by Ward 4 Councilwoman Jan Davis, a panel spoke about Summa's proposed sale to a private equity firm, HATCo. Summa deal's merits outweigh its risks, panelists tell Akron ...
This include $1.3 billion from Summa Health hospitals, $5,000,000 from SummaCare, and $244 million from Summa Health Medical Group. [9] Summa Health has 28.62% market share of primary care in the Akron metropolitan area.
The proposed acquisition of Summa Health by HATCo — a subsidiary of venture capital firm General Catalyst — remains a hot-button issue in Akron.. On Monday, several people spoke out in ...
Cliff Deveny, president and CEO of Summa, says the health system finally found the right partner in Health Assurance Transformation Corp. (HATCo). The new health care company is owned by General ...