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Charleston, W. Va. — Dave Ramsey, president and CEO of CAMC and Vandalia Health System, said Monday that more small community hospitals in West Virginia are likely to join large health systems like Vandalia.
Ramsey said it would be cheaper to do so.
“It’s the cost of doing business, the cost of computer systems to run a doctor’s practice, the cost of insurance to run a doctor’s practice, the same thing for hospitals, making integration very difficult.” Ramsey said on Monday. Metro News “Talk Line”.
Vandalia Health, comprising CAMC and Mon Health, officially acquired Greenbrier Valley Medical Center earlier this month and announced plans to acquire Oak Hill’s Plateau Medical Center last Friday.
In both cases, Ramsey said, nonprofits are taking over for-profit hospitals.
Dave Ramsey, President and CEO of Charleston Area Medical Center and President and CEO of Vandalia Health, said: @HoppyKercheval Regarding the acquisition of Greenbrier Valley Medical Center. What will change at the facility? Watch: https://t.co/yCFQ3nEhk6 pic.twitter.com/5wZGLjHWdH
— Metro News (@WVMetroNews) January 16, 2023
Ramsey says the growth of telemedicine has also made integration easier.
“This is a way to extend subspecialist coverage across the region, so patients don’t have to travel. All testing can be done locally,” says Ramsey.
WVU Medicine has added hospitals in West Virginia to its system over the past few years. Ramsey confirmed Monday that Vandalia is competing with WVU Medicine in the growth arena. He said similar scenarios are happening in other states.
“It’s happening all around us, everywhere in our country. Our goal is to be able to provide as much care as possible, as close as possible to where patients live,” Ramsey said. says Mr. “It’s not quite right to see a small community hospital near us.”
Ramsey said he hopes the contract with Plateau Medical Center will have all necessary approvals by March.
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