Charleston, W.Va – CAMC and Vandalia Health System President and CEO Dave Ramsey said Monday that there will be more small community hospitals in West Virginia joining the larger health systems in Vandalia.
Ramsey says it’s cheaper to do.
“The cost of doing business, the cost of computer systems to run a physician’s practice, the cost of insurance to run a physician’s practice, the same thing for hospitals, they’re getting harder and harder,” Ramsey said Monday. Metro News “Talking Line”.
Vandalia Health, formed from CAMC and Mon Health, officially took over Greenbrier Valley Medical Center earlier this month and announced plans to acquire Plato Medical Center in Oak Hill last Friday.
Ramsey said any money made in both cases would typically go outside of West Virginia to a nonprofit that oversees for-profit hospitals.
Dave Ramsey, president and CEO of Charleston Area Medical Center and president and CEO of Vandalia Health @HoppyKercheval About the acquisition of Greenbrier Valley Medical Center. What will change in this institution? See: https://t.co/yCFQ3nEhk6 pic.twitter.com/5wZGLjHWdH
— Metro News (@WVMetroNews) January 16, 2023
With the advancement of telemedicine, getting stronger has become easier, Ramsey said.
“It’s a way for us to expand our subspecialty coverage across the region and patients don’t have to travel. You can have all your tests done locally,” Ramsey said.
WVU Medicine has been adding West Virginia hospitals to its system over the past several years. Ramsey acknowledged Monday that Vandalia will have to compete with WVU Medicine in the development area. He said similar situations are happening in other regions.
“It’s happening everywhere in our country, all around us. “Our goal is to get as much care as possible where the patient lives,” Ramsey said. “It’s not right to see small community hospitals around us.”
Ramsey said the Platoon Medical Center deal has all the necessary approvals by March.