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198: PE firm General Catalyst is buying a hospital — here's our take

198: PE firm General Catalyst is buying a hospital — here's our take

FromRadio Advisory


198: PE firm General Catalyst is buying a hospital — here's our take

FromRadio Advisory

ratings:
Length:
35 minutes
Released:
Mar 5, 2024
Format:
Podcast episode

Description

Corporate entities like health plans, retail companies, and PE firms have aggregated large, diverse portfolios of care delivery assets over the past decade – with one notable exception: no one was buying hospitals.
But in January, venture capital firm General Catalyst bucked that trend and announced its intent to acquire Summa Health, a 3-hospital health system in northeastern Ohio. What are they thinking? And what could this mean for the industry?
In this episode, host Rachel (Rae) Woods and co-host Abby Burns invite Advisory Board's health system expert Vidal Seegobin to unpack the details of the story, interpret General Catalyst's ambition, and share what they'll be watching in the coming months.
Links:

Radio Advisory's financial impact playlist
Survey insights: 6 priorities for health system strategists in 2024
Ep. 193: Is health system growth still possible?
Ep. 123: Is private equity health care's bad guy?


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A transcript of this episode as well as more information and resources can be found on radioadvisory.advisory.com.
Released:
Mar 5, 2024
Format:
Podcast episode

Titles in the series (100)

Health care leaders just don’t have the time to sift through all of the news, opinions and ideas out there. Making sense of it all is how we can help. Rachel Woods, host of Radio Advisory and seasoned researcher from Advisory Board, talks with industry experts to break down the issues on your mind and offer recommendations on what to do next – each week, in about 30 minutes.