Summa Health Company Sale

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Summa Health in Akron to be acquired by HATCo, a venture …

(4 days ago) WebHATCo, a new health care venture capital firm, to acquire Summa Health in Akron. Summa Health is trying something radical to secure its long-term future serving …

https://www.beaconjournal.com/story/news/local/2024/01/17/summa-health-akron-to-be-acquired-by-hatco-venture-capital-firm/72233765007/

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Non-profit Summa Health to be acquired by health care venture …

(1 days ago) Weband last updated 3:56 PM, Jan 17, 2024. AKRON, Ohio — Summa Health announced Wednesday that it had signed a letter of intent to be acquired by the …

https://www.news5cleveland.com/news/local-news/non-profit-summa-health-to-be-acquired-by-health-care-venture-capital-firm

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Summa Health to be acquired by HATCo and become for-profit

(9 days ago) WebGood Company; Go! 4:30-7 a.m. 3News at 6 p.m. Summa Health reports that it delivered $210.1 million in community benefit to area residents in 2022 and the two …

https://www.wkyc.com/article/news/local/akron/akron-based-summa-health-acquired-hatco-for-profit-organization/95-bce26c0f-3d4c-4dcf-8034-60672330e419

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Summa Health in Akron to be acquired by venture capital firm

(2 days ago) WebWorry and hope surround proposed Summa Health sale to HATCo -- Jan. 18, 2024. A capital venture company’s plan to buy Summa Health and turn it into a model of …

https://www.msn.com/en-us/money/savingandinvesting/summa-health-in-akron-to-be-acquired-by-venture-capital-firm-hatco-check-out-our-coverage/ar-BB1hqcyt

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Summa Health and General Catalyst’s HATCo announce plans for

(1 days ago) WebAKRON, Ohio, January 17, 2024--Akron, Ohio-based Summa Health and General Catalyst’s Health Assurance Transformation Corporation (HATCo) announced today that …

https://finance.yahoo.com/news/summa-health-general-catalyst-hatco-152000314.html

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Akron’s Summa Health to be acquired by venture capital firm

(9 days ago) WebAKRON, Ohio — Summa Health, an independent hospital since its creation in 1989, will be acquired by a for-profit company that aims to put technology at the forefront of …

https://www.msn.com/en-us/money/companies/akron-s-summa-health-to-be-acquired-by-health-assurance-transformation-corp/ar-AA1n8egn

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Summa Health and General Catalyst’s HATCo announce plans for

(2 days ago) WebSumma Health’s leadership team will work closely with HATCo, including Dr. Marc Harrison, HATCo CEO and Hemant Taneja, General Catalyst CEO, to leverage …

https://www.businesswire.com/news/home/20240117664403/en/Summa-Health-and-General-Catalyst%E2%80%99s-HATCo-announce-plans-for-acquisition-that-will-transform-the-future-of-healthcare

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4 Takeaways on General Catalyst’s Plan to Acquire Summa Health

(7 days ago) WebThe planned Summa acquisition will be the most significant step in moving from thesis to application. The huge venture capital firm General Catalyst (GC) said it …

https://www.aha.org/aha-center-health-innovation-market-scan/2024-01-23-4-takeaways-general-catalysts-plan-acquire-summa-health

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VC General Catalyst’s HATCo to Buy Akron’s Summa Health

(4 days ago) WebIn October 2023, former Intermountain Health CEO Marc Harrison, M.D., announced he would lead a new company owned by venture capital firm General …

https://www.hcinnovationgroup.com/finance-revenue-cycle/mergers-acquisitions/news/53082786/vc-general-catalysts-hatco-to-buy-akrons-summa-health

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Summa Health sale to HATCo would address key needs, panelists say

(7 days ago) WebCarter said Summa will use technology that has been proven to work, whether it comes from HATCo's parent company, General Catalyst, or not. Contact reporter …

https://www.beaconjournal.com/story/news/healthcare/2024/03/09/summa-health-sale-to-hatco-would-address-key-needs-panelists-say-ward-4-town-hall-jan-davis/72853294007/

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Here's why General Catalyst is trying to buy Summa Health

(3 days ago) WebAshley Capoot @in/ashley-capoot-02496b173/. Key Points. In January, venture firm General Catalyst said it was buying Summa Health, a nonprofit integrated …

https://www.cnbc.com/2024/03/02/heres-why-general-catalyst-is-trying-to-buy-summa-health.html

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Summa Health is bought by venture capitalists, so what happens …

(5 days ago) WebThe nonprofit Summa Health, one of the best known institutions in Summit County has been bought by a for-profit company. Lisa, what does that mean for medical …

https://www.cleveland.com/news/2024/01/summa-health-is-bought-by-venture-capitalists-so-what-happens-to-medical-care-today-in-ohio.html

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VC Firm General Catalyst Plans To Buy Ohio-Based Hospital …

(5 days ago) WebIn 2022, Summa Health reported an operating loss of around $39 million on $1.8 billion in revenue, according to audited financial statements. While HATCo declined …

https://www.forbes.com/sites/katiejennings/2024/01/17/vc-firm-general-catalyst-plans-to-buy-ohio-based-hospital-summa-health/

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What we know and don't know about proposed sale of Summa …

(6 days ago) WebPeople who study health care, however, caution there could be some staff turnover because doctors, nurses and others may not want to work for a for-profit …

https://www.beaconjournal.com/story/news/2024/02/01/summa-health-care-hospital-akron-sale-hatco-news-updates-details-patients-doctors/72406761007/

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What is HATCo? Here's what we know about the company buying …

(4 days ago) WebThe company’s core principles include improving access and outcomes, and making care more preventative and proactive; creating a longer-term investment strategy; and …

https://www.msn.com/en-us/money/companies/what-is-hatco-heres-what-we-know-about-the-company-buying-summa-health/ar-AA1n89FK

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Summa Health defends proposed acquisition by venture capital …

(Just Now) WebPublished January 29, 2024 at 8:11 PM EST. Summa Health. Akron-based Summa Health may be acquired by a venture capital firm. Despite concerns from the community, …

https://www.ideastream.org/health/2024-01-29/summa-health-leaders-defend-proposed-acquisition-by-venture-capital-company

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Worry and hope surround proposed Summa Health sale to HATCo …

(2 days ago) WebSumma Health's future is generating worry and excitement among people who want healthcare to thrive in Northeast Ohio. A capital venture company’s plan to …

https://news.yahoo.com/worry-hope-surround-proposed-summa-111120038.html

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Our Acquisition of Summa Health: Coming Together To Transform

(6 days ago) WebSumma Health is one of the largest integrated delivery systems in Ohio. For over 130 years, Summa Health has served a diverse and changing community that is …

https://www.generalcatalyst.com/perspectives/our-acquisition-of-summa-health

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Bankrupt Steward Health puts its hospitals up for sale, discloses $9

(3 days ago) WebBankrupt Steward Health Care has put all of its 31 U.S. hospitals up for sale, hoping to finalize transactions by the end of the summer to address its $9 billion in total …

https://www.reuters.com/business/healthcare-pharmaceuticals/bankrupt-steward-health-puts-its-hospitals-up-sale-discloses-9-bln-debt-2024-05-07/

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Steward Health Care to sell all U.S. hospitals after declaring

(1 days ago) WebBOSTON – Days after declaring bankruptcy, Steward Health Care is putting all of its U.S. hospitals up for sale. The privately-owned company plans to auction off all …

https://www.cbsnews.com/boston/news/steward-health-care-hospital-sales/

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Hackensack Meridian Health NJ to sell most of nursing homes

(7 days ago) WebThe agreement affects 11 of Hackensack Meridian's 14 long-term care facilities, with approximately 1,630 beds and 2,100 employees, a spokesman for the …

https://www.northjersey.com/story/news/health/2022/03/23/hackensack-meridian-health-nj-sell-nursing-homes/7140841001/

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Steward Health Care says it’s selling all its hospitals - NBC Boston

(9 days ago) WebSteward Health Care said it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection. The Dallas-based company, which …

https://www.nbcboston.com/news/local/steward-health-care-hospital-sale/3363206/

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Bankrupt Steward to sell off troubled Louisiana hospital Health …

(Just Now) WebComplicating the sale is Steward’s landlord, Medical Properties Trust, a Birmingham-based real estate investment trust that Steward sold its hospital buildings and land to in 2016 and 2017.

https://www.nola.com/news/healthcare_hospitals/bankrupt-steward-health-care-to-sell-off-troubled-louisiana-hospital-by-end-of-june/article_eff75db8-0d63-11ef-aff3-6f6cc3986405.html

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Steward Health Files Chapter 11 After Medical Properties Deal

(2 days ago) WebSteward Health Care System LLC filed for bankruptcy early Monday after a period of mounting financial challenges and government scrutiny over the impact of its …

https://www.bloomberg.com/news/articles/2024-05-06/steward-health-files-chapter-11-after-medical-properties-deal

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Steward Health Care seeks bankruptcy protections WBUR News

(5 days ago) WebThe sale proceeds helped Steward executives launch a national expansion but saddled their hospitals with rent. Steward has also been working to sell its physician …

https://www.wbur.org/news/2024/05/06/steward-bankruptcy-massachusetts-for-profit-hospitals-debt

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Steward’s bankruptcy documents reveal sprawling debt, planned …

(7 days ago) WebAt 3:30 a.m. Monday, Steward Health Care filed for Chapter 11 protections in U.S. Bankruptcy Court for the Southern District of Texas. Eleven minutes later, Steward …

https://www.healthcaredive.com/news/stewards-bankruptcy-documents-reveal-sprawling-debt-planned-hospital-fire/715245/

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Summa responds to criticism of proposed sale to venture capital …

(8 days ago) WebSumma Health is defending its decision to pursue a sale and dispelling fears that the deal could result in the hospital system sacrificing quality of care for higher profits. At Monday's council meeting, Ward 8 Councilman James Hardy publicly called for Summa to pause its sale to Health Assurance Transformation Corp., a new health care …

https://www.beaconjournal.com/story/news/local/2024/01/25/summa-health-akron-responds-to-criticism-of-proposed-sale-to-venture-capital-firm-hatco/72339314007/

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Steward Health Care files for bankruptcy - The Business Journals

(2 days ago) WebThe company could sell some of its 30 hospitals. Dallas-based Steward Health Care, a national hospital operator with five hospitals in South Florida, filed …

https://www.bizjournals.com/southflorida/news/2024/05/06/steward-health-care-bankruptcy.html

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Health Care Businesses for sale in NJ

(8 days ago) WebNew Jersey, New Jersey. Description: The country's newest ice bath studio concept featuring the most cutting-edge biohacking modalities for strengthening the body, aiding …

https://us.businessesforsale.com/us/search/health-care-businesses-for-sale-in-new-jersey

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Darius Paduch Found Guilty of Sexual Abuse of Patients - The New …

(2 days ago) WebAnthony T. DiPietro, a lawyer representing more than 225 former patients ages 12 to 60 who have filed civil lawsuits, said it was going to take time for many of his …

https://www.nytimes.com/2024/05/08/nyregion/doctor-sex-abuse-paduch.html

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Company — Sachs Companies

(8 days ago) WebDuring his tenure at the company, Mr. Sachs has grown the business from just a small family company to having a capitalization of well over $1 Billion. Dr. Sachs graduated …

https://www.sachscompanies.com/company

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The New York Times Company 2024 Q1 - Results - Seeking Alpha

(6 days ago) WebZscaler tumbles as company confirms ongoing investigation into possible data breach 2 Energy Transfer GAAP EPS of $0.32 misses by $0.07, revenue of $21.63B beats by $720M

https://seekingalpha.com/article/4690885-new-york-times-company-2024-q1-results-earnings-call-presentation

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