Short-term acute care hospital · Akron, Ohio · 558 beds · CMS certification number 360020
Summa Health System
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2024, as submitted, stamped by CMS June 10, 2025. 29 years on file, every one shown below.
Fiscal 2024 at a glance
What stands out
- Net patient revenue rose from $333.5M in its first year on file (1996) to $1.2B in 2024.
- Its result from patient care: −$229.0M (2022), −$198.2M (2023), −$222.7M (2024).
- 2 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2024.
- Medicaid paid for 3.1% of its inpatient days and Medicare for 13.7%.
- AKRON ASSURANCE HOSPITAL COMPANY LLC holds 100% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
29 years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Short-term acute care hospitals in Ohio with 400 and over beds, each on fiscal year 2024.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Summa Health System | 558 | $1,171,727,726 | $1,394,451,730 | −19.0% |
| Mount Carmel East, Columbus | 532 | $779,995,129 | $837,436,821 | −7.4% |
| Mercy Health St. Vincent Medical Center, Toledo | 538 | $1,065,892,114 | $1,058,688,584 | 0.7% |
| The Toledo Hospital, Toledo | 709 | $1,544,499,488 | $1,294,863,128 | 16.2% |
| Uh Cleveland Medical Center, Cleveland | 656 | $2,464,831,941 | $2,667,661,930 | −8.2% |
| University of Cincinnati Medical Center, Cincinnati | 570 | $1,679,326,745 | $1,595,827,326 | 5.0% |
Patients and payers
- Discharges
- 32,127S-3 line 14, col 15
- Inpatient days
- 164,141S-3 line 14, col 8
- Beds in use, on an average day
- 449.7days ÷ days in year
- Occupancy
- 80.1%days ÷ bed days
- Medicare share of days
- 13.7%S-3 cols 6 ÷ 8
- Medicaid share of days
- 3.1%S-3 cols 7 ÷ 8
Who owns it
- AKRON ASSURANCE HOSPITAL COMPANY LLC100%
- HEALTH ASSURANCE TRANSFORMATION HOLDINGS LLC100%
- HEALTH ASSURANCE TRANSFORMATION INTERMEDIATE LLC100%
- HEALTH ASSURANCE TRANSFORMATION LLC100%
- HEALTH ASSURANCE TRANSFORMATION PARENT LLC100%
- HEALTH ASSURANCE TRANSFORMATION TOPCO LP100%
- GC PARTNERS HOLDINGS LP98%
- GENERAL CATALYST GROUP ULTIMATE HOLDINGS LP90%
- GENERAL CATALYST GROUP MANAGEMENT MIDCO FEEDER LP83%
- GENERAL CATALYST GROUP MANAGEMENT HOLDINGS LP68%
- HEMANT TANEJA25%
- DAVID FIALKOW20%
- KENNETH I CHENAULT20%
- JOEL CUTLER7%
Indirect owner: GCMP HOLDCO LP
Related organizations on its own cost report: SUMMA HEALTH, healthcare prov.
Other hospitals with the same owner: Summa Rehab Hospital (OH).
Type of control on its cost report: voluntary nonprofit, other.
Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 360020. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.
How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read June 10, 2025.