Last deal

$1.5M

Amount

Grant

Stage

07.02.2020

Date

3

all rounds

$14.6M

Total amount

date founded

Financing round

General

About Company
Summa Health combines cancer treatment technology, medical specialists, and personalized care to heal the whole person.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.1989

founders

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

Summa Health is a leading Ohio-based integrated healthcare delivery system that includes hospitals, community health centers, a health plan, and research facilities. Their Cancer Centers offer the latest in cancer treatment technology, a team of medical specialists, and personalized patient-centered care. Summa Health is nationally renowned for excellence in patient care and innovative healthcare delivery. They are also a founding partner of the BioInnovation Institute in Akron. As an Affirmative Action employer, Summa Health promotes equal employment opportunity and diversity for all individuals, including women, veterans, members of minority groups, and individuals with disabilities.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Acquired by

Beaumont Health

announced date

09.07.2019

Financials

Funding Rounds
4
3

Number of Funding Rounds

$14.6M

Money Raised

Their latest funding was raised on 07.02.2020. Their latest round Grant

Date 
Funding Round 
Investors 
Money Raised 
Lead 
07.02.2020
$1.5M
04.10.2017
2
$5M

Vanita Oelschlager

count Of Investments

1

count Of Exists

1

Jim Oelschlager

count Of Investments

1

count Of Exists

1
Co-Investors
Investors
4
2

Number of lead investors

4

Number of investors

Investor 
Lead 
Round 
Partners 
No
Grant
No
Grant
Pamela Williams

Pamela Williams

count Of Investments

1

count Of Exists

1

Vanita Oelschlager

count Of Investments

1

count Of Exists

1
Gary Williams

Gary Williams

Gary Williams was born, raised and educated in Akron. He attended The Ohio State University College of Medicine and completed his surgical training at Summa Akron City Hospital. He has been in practice for 36 years and has special interests in breast cancer, hernia surgery and gallbladder surgery. He has served as president of several local, regional and national surgical organizations and is currently chief of the division of general surgery at Summa Akron City and St. Thomas Hospitals.

count Of Investments

1

count Of Exists

1

People

Founders
1
Cliff Deveny
Cliff Deveny

Cliff Deveny

Cliff Deveny, M.D., is President and Chief Executive Officer of Summa Health, one of the largest integrated healthcare delivery systems in Ohio. Encompassing a network of hospitals, community health centers, a health plan, a physician-hospital organization, a multi-specialty physician organization, research and the Summa Health Foundation, Akron-based Summa Health is nationally renowned for excellence in patient care and for exceptional approaches to healthcare delivery. Prior to assuming his leadership role at Summa Health in March 2017, Dr. Deveny was Senior Vice President for Physician Services and Clinical Integration at Catholic Health Initiatives in Englewood, Colorado, from 2011 to 2016. After leaving Catholic Health Initiatives, he worked in Charlottesville, Virginia, where he served as President of Locus Health, a company that develops software solutions to enable healthcare organizations improve their population health efforts. Earlier in his career, Dr. Deveny spent more than 20 years at Summa Health in a variety of clinical and senior leadership roles, including President of Summa Physicians Inc., Vice President of Clinical Services and Service Lines, and Chairman of the Department of Obstetrics and Gynecology. Dr. Deveny is a clear leader in population health, and an advocate for its vision of increasing the value of care by improving health while reducing costs. In his role at Catholic Health Initiatives he led a population health initiative, establishing 12 regional clinically integrated networks. Board-certified in Obstetrics and Gynecology, Dr. Deveny is an experienced physician and healthcare administrator with a proven track record in dealing with complex health system operational and physician alignment issues. Dr. Deveny earned his medical degree from the University of Toledo Medical Center. He graduated from Denison University in Granville, Ohio, with a bachelor's degree in Chemistry. Currently, Dr. Deveny serves on the Summit (91.3 FM) board and will be joining the board of the Ohio & Erie Canalway Coalition later this year.

current job

Summa Health
Summa Health

organization founded

1

Cliff Deveny

Employee Profiles
397

Ken Waters

Vice president and chief technology officer information technology and services

Scott Brown

Program manager, donor relations and stewardship

Melissa Banzon

Community faculty

Laura Dornhecker

System director organizational development and training

Sheryl Rose

Interim chief information security officer

Kristina Hunter

Hospital office associate

Tyler Shirkey

Security officer i

Tim Yoder

Senior systems analyst

Activity

Recent News
4
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month