This story was originally published on Healthcare Dive. To receive daily news and insights, subscribe to our free daily Healthcare Dive newsletter. Dive Brief: Summa Health CEO and President Dr. Cliff Deveny plans to step down from his post at the end of the year, according to a Wednesday email to staff reviewed by Healthcare Dive. Deveny’s departure comes less than a month after venture capital firm General Catalyst’s spinoff, the Health Assurance Transformation Company, completed its $515 million ac ...

This story was originally published on Healthcare Dive. To receive daily news and insights, subscribe to our free daily Healthcare Dive newsletter. Dive Brief: CommonSpirit Health executives met with investors on Wednesday to lay out a plan to turn around its operating performance, following a recent earnings report that revealed the system had, once again, recorded an operating loss for fiscal year 2025. Although the nonprofit health system improved its performance during fiscal year 2025, departing ...

This story was originally published on Healthcare Dive. To receive daily news and insights, subscribe to our free daily Healthcare Dive newsletter. Dive Brief: A General Catalyst spinoff has completed its $515 million acquisition of Ohio-based health system Summa Health, creating the first hospital operator owned by a venture capital firm. Summa will transition to a for-profit entity as part of the deal, which will also give the system access to technology and partnerships through General Catalyst and ...