General Catalyst’s HATCo announced its intent to acquire Summa Health in January, three months after the portfolio company was launched at HLTH 2023. HATCo committed $350 million for the first ...
HATCo aims to work closely with General Catalyst’s network of 20 health systems to trial technology developed by its portfolio companies and shift more care to value-based payment arrangements.
Venture capital firm General Catalyst's Health Assurance Transformation Corporation (HATCo) signed a definitive agreement to buy Summa Health for $485 million, the organizations announced Thursday.
Pending regulatory review and approval, HATCo would acquire Summa Health and make long-term investment in continued operations and transformative initiatives Akron, Ohio-based Summa Health and ...
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 acquisition of nonprofit Summa Health by for-profit HATCo is aimed at stabilizing the Akron health system's operations and "creating a more proactive, affordable and equitable system of ...
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