Summa Health in Akron to be acquired by venture capital firm HATCo. Check out our coverage

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 and also cement its headquarters in Akron, neither of which was part of any other proposed Summa mergers or sales, said Dr. Cliff Deveny, Summa’s president and CEO.

Check out our continuing coverage of the topic.

HATCo, a new health care venture capital firm, to acquire Summa Health in Akron — Jan. 17, 2024

Summa Health is trying something radical to secure its long-term future serving Greater Akron.

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 acquisition of Summa.

Read the full story here.

Here’s what we know about the Summa sale to venture capital firm HATCo — Jan. 17, 2024

Story continues

TRENDING NOW

LATEST LOCAL NEWS