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The acquisition between Health Assurance Transformation Corporation, or HATCo, and Summa Health, was finalized Thursday.
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Summa Health announced the plan to be acquired by Health Assurance Transformation Corporation in January. The move will make the nonprofit hospital system a for profit business.
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Summa Health announced it signed a letter of intent to be acquired by HATCo Wednesday. The nonprofit hospital system will become private and for-profit under the acquisition.
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Summa Health is opening a new 64-bed mental health and addiction hospital on its main campus in Downtown Akron this month, replacing its historic St. Thomas Campus, where services are winding down.
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Jessica Harvey Galloway asked for an Ancestry.com DNA test for Christmas in 2020, in the hopes of discovering relatives in Europe. What she found instead was that her father is not biologically related to her, according to a lawsuit filed on Tuesday.
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The COVID-19 drive-thru testing site at Summa Health’s Akron headquarters will close Sunday due to a steep drop in demand; Hudson schools is losing a partner in its college credit courses following a scandal surrounding parents’ angry reaction to a writing prompt; The Cleveland Clinic is pledging $50 million to help make city homes safe from lead paint; and more stories.
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Ohio reported more than 20,000 COVID-19 cases on Saturday and Sunday combined; Mass drive-thru testing will expand to Akron this week; a COVID-19 surge at the Cuyahoga County Jail is prompting Gov. Mike DeWine to call for backup; and more stories.
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The hospital system is overwhelmed with cases of the delta variant of COVID-19, the flu and the new, highly contagious omicron variant.
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National Guard members should arrive at hospitals by the end of this week to help with the latest surge of COVID-19.
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Akron Children’s Hospital will require its employees to get a COVID-19 vaccine; a crowd gathered outside of Summa Health’s Akron campus Monday night to protest the hospital’s vaccine requirement; the Cuyahoga County Commons Pleas Court's General Division employees are required to get the COVID-19 vaccine by Oct. 15; and more stories.