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SummaHealth revenue increases to $1.5 billion in 2020 amid the coronavirus

The Plain Dealer  Cleveland logo The Plain Dealer Cleveland 11/9/2021 Julie Washington, cleveland.com
Summa Health announced Friday that more than 500 patients' information may be at-risk after a breach of employee emails. © Robin Goist/cleveland.com Summa Health announced Friday that more than 500 patients' information may be at-risk after a breach of employee emails.

CLEVELAND, Ohio — Summa Health reported about $1.5 billion in total revenue in 2020, according to an annual report released Tuesday, up from $1.4 billion ahead of the pandemic in 2019.

Most of 2020′s revenue came from the Summa Health hospitals, with the health insurance company SummaCare contributing about $400 million, and Summa Health Medical Group adding about $184 million.

During a year of uncertainty brought on by the COVID-19 pandemic, Summa Health continued to make progress on phase two of its master facility plan, said a statement signed by SummaHealth President and CEO Dr. Cliff Deveny, and board chairman George Strickler.

Phase two includes the construction of a $60 million, 60-bed inpatient and outpatient behavioral health facility on SummaHealth’s Akron Campus.

The 2020 Year in Review discussed how the health system rose to the challenge of delivering care during a global pandemic.

“The pandemic served as a catalyst for Summa Health to make rapid changes to improve how we deliver care,” the health system said. These changes included care options such as telehealth and drive-up COVID testing.

SummaHealth also released a three-part video series, “Impact of COVID-19 Across Our Organization,” that offers a look at how hospital staff dealt with adversity at the height of the pandemic.

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