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4 Takeaways on General Catalyst’s Plan to Acquire Summa Health
The huge venture capital firm General Catalyst (GC) said it planned to buy a health system and use it as a transformation proving ground for technologies developed by its portfolio companies. GC’s recently formed business venture Health Assurance Transformation Corporation (HATCo) says that it has signed a nonbinding letter of intent to acquire nonprofit Ohio-based Summa Health.
CVS Health Buys Oak Street Health, But Will the Investment Pay Off?
In a move that could allow it to significantly increase its primary care services to older adults and those on Medicare, CVS Health made it official recently that it is buying Oak Street Health for $10.6 billion, including debt.
Partnerships, Mergers, and Acquisitions Can Provide Benefits to Certain Hospitals and Communities
Hospitals and health systems face many pressures to increase the scale of their operations. To help mitigate these challenges, hospitals are considering a range of partnership, merger, and acquisition possibilities to gain new capabilities, realize new efficiencies, and spread costs over a larger organization.
The Value of Health Systems During the COVID-19 Pandemic: Spectrum Health – Grand Rapids, Mich.
Responding to the Pandemic: Information, Care Expertise and Vaccines. Maintaining and Expanding Access. Fueling Innovation. Coordinating Care to Meet People Where They Are.
The Value of Health Systems During the COVID-19 Pandemic: SCL Health – Broomfield, Colorado
Health systems often serve as the major employer in their communities and serve as conveners of key stakeholders to leverage new strategies.
The Value of Health Systems During the COVID-19 Pandemic: Advocate Aurora Health – Milwaukee, Wisc.
Advocate Aurora Health’s scale has been a critical asset that has allowed us to successfully respond to the financial, operational and clinical challenges created by COVID-19.
The Value of Health Systems During the COVID-19 Pandemic: OhioHealth – Columbus, Ohio
Early in the pandemic, COVID-19 tests were shipped out of state, which lead to delays in patients receiving their results. In late March 2020, the OhioHealth Laboratory Services team developed the capability to run COVID-19 tests from around the system in our labs. A year later, over 500,000 tests have been analyzed by our lab team.
Proposals to Reduce Medicare Payments Would Jeopardize Access to Essential Care and Services for Patients
This report provides key evidence as to why site-neutral payment policies are misguided, highlighting the substantial negative impact these policies and new legislative proposals would have on access to the care that the nation’s hospitals and health systems provide.
Securing Your Future During Disruption
Leaders need to think strategically about the pandemic’s impact on health care in the near and long term and plan for a future defined by resilience and innovation while maintaining an unwavering commitment to high-quality care. Futurescan 2021-2016: Health Care Trends and Implications offers key data and insights on the clinical, operational and strategy landscape, and explores the pandemic’s ramifications.