Summa Health and Beaumont Health are ending their partnership plans nearly a year after the two announced they were working together to bring Summa into the Michigan-based Beaumont system, the two announced Friday, May 29. This comes after they put their partnership process on hold in late April as they focused on COVID-19. Summa and Beaumont are now finalizing details to end the planned partnership. The organizations signed a letter of intent last July and a definitive agreement in December. They later received all necessary state and federal regulatory approvals, according to a joint media statement from the two systems. “Throughout this process, each of the organizations has continued to operate independently, and each will continue to focus on providing exceptional health care services for their respective markets,” a joint media statement from the two organizations said. “Both Beaumont Health and Summa Health value the support that each organization has received from their employees, physicians and communities throughout this process and will continue to work to meet their needs moving forward.”
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Source: https://www.crainscleveland.com/health-care/summa-beaumont-end-partnership-plans