General Catalyst launched a new company named Health Assurance Transformation Corporation in October. The company aims to advise health systems on technology deployment, develop an interoperability model, and acquire and operate a health system to demonstrate digital transformation. HATCo signed a letter of intent to acquire Summa Health, a three-hospital health system in Ohio. The deal, expected to close in a few months, will turn Summa into a for-profit entity while maintaining its charity care commitment. The healthcare industry is eagerly watching this unprecedented deal, wondering how it will impact patient care, technology innovation, and the shift to value-based care delivery.
Source link
Is General Catalyst Buying Summa Health a Good Idea? Only Time Will Tell
