January 18, 2024- Summa Health and General Catalyst’s Health Assurance Transformation Corporation (HATCo) announced that the two organizations have signed a non-binding Letter of Intent outlining HATCo’s planned acquisition of Summa Health, based in Akron, Ohio. This strategic alignment marks the beginning of a long-term journey to create a new, more proactive, affordable and equitable system of community-based healthcare.
HATCo will work with Summa Health to advance healthcare innovation based on the strength of Summa’s large, integrated healthcare delivery system. As part of HATCo, Summa Health will build upon its existing strengths and capabilities and create new opportunities to leverage innovative technology that will improve the health of communities across the Greater Akron region.