MORGANTOWN, W.Va. — Mon Health Systems announced positive trends in the direction of Vandalia Health in 2023.
Mon Health CEO David Goldberg announced that the first quarter financials for the partnership with CAMC Medical Center showed the network turned a profit. Vandalia Health produced those numbers while employing 14,000 people and making a significant investment in preparation for any COVID-19 fallout.
“This year, coming into the year, our first quarter through the end of March, we beat the budget, meaning we made a little bit more money, revenue over expense,” said Goldberg on the first quarter.
According to Goldberg, a big part of the early success of Vandalia Health in 2023 has been the steady inclusion of other regional hospitals in the Mountain State. Since the partnership was established in spring 2022, the statewide healthcare system has added three more hospitals to the fold with the purchase of Greenbrier Valley Medical Center, Plateau Medical Center in Oak Hill, and a majority interest in Charleston Surgical Hospital. Once Charleston Surgical receives formal approval by summer 2023, Goldberg said the network will be over ten hospitals in various parts of the state.
“So we’ve gone from effectively four hospitals in the South and four hospitals in the North to two more, so we’re effectively ten to twelve hospitals,” said Goldberg.
Goldberg also stated that more employees will be added as a result of the positive first quarter numbers and the addition of new hospitals. On WAJR’s Talk of the Town, he mentioned that Vandalia Health has begun a reduction of agency nurses as a result of new hirings, with over seventy people interviewed for jobs in the early spring. The hiring efforts are expected to continue in 2023.
“We’re the second largest non-governmental employer in the state, so we’re really pleased about that, and we’re continuing to grow where the community needs improved access and quality of care,” said Goldberg.
As Vandalia Health continues to move forward in their first full year of operations, Goldberg says to expect expansions to continue with a focus on healthcare services in rural regions of the state. As hospitals within the system continue to see an increase in capacity, employment, and available services, the chances for another positive quarter for Vandalia Health appear to be high.
“We’re really pleased with how the year is starting and making sure that we stay laser focused on community outcomes and community care,” said Goldberg.