General Catalyst’s HATCo Finalizes Summa Health Acquisition

General Catalyst’s HATCo finalizes Summa Health acquisition

The $515 million deal has closed after roughly two years, creating the first hospital system owned by a venture capital company.

General Catalyst firm to close $485M purchase of Ohio hospital system

Health Assurance Transformation LLC, a subsidiary of the venture capital giant, is slated to complete the acquisition of Summa Health.