Latest / Becker’s Healthcare Podcast / David Goldberg, President & CEO of Mon Health System and Davis Health System and Executive Vice President at Vandalia Health
Transcript
- 0:00This is Scott Becker with the Becker's Healthcare
- 0:03Podcast.
- 0:04I am thrilled today to be joined by
- 0:06a leader who's a magnificent leader who we
- 0:08love getting to visit with. We're joined today
- 0:11by David Goldberg.
- 0:13David's the president and CEO of MonHealth.
- 0:16He's also the executive vice president of Vandalia
- 0:19Health, and he'll he'll help me make sure
- 0:21I'm pronouncing that correctly.
- 0:23David, I love getting a chance to visit
- 0:24with you. Can you take a moment to
- 0:27introduce yourself to the audience and tell people
- 0:29a little bit about MonHealth, about Vandalia Health
- 0:31and health care in West Virginia?
- 0:34Well, Scott, it's always a pleasure to be
- 0:36with you and to do this after the
- 0:37holiday weekend is great. Vandalia Health was created
- 0:41in 2022
- 0:42as the merger of Charleston Area Medical Center
- 0:45health system based in Charleston, West Virginia,
- 0:47and Mon Health System anchored in Morgantown, West
- 0:51Virginia. We came together,
- 0:53formed the second largest health system in the
- 0:55state.
- 0:56We were blessed to have the Davis Health
- 0:58System join us two years ago.
- 1:00So now we're a 17 hospital system,
- 1:04more than 200 ambulatory locations
- 1:06covering parts of Ohio,
- 1:08Southwest Pennsylvania,
- 1:10Western Maryland,
- 1:11a little bit of Virginia, and, of course,
- 1:13West Virginia. 13,000
- 1:15employees,
- 1:16and thrilled that we're able to keep community
- 1:19care close to home, laser focused with our
- 1:21board of directors of West Virginia residents taking
- 1:23care of West Virginians.
- 1:27Thank you. And what's the largest town in
- 1:28West Virginia? Tell us a little bit more
- 1:30about the geography of West Virginia. I know
- 1:31it still is a very impoverished state, but
- 1:33it's got these crown jewels of the state
- 1:35like Mon Health and Vandalia.
- 1:37Tell us a little bit about sort of
- 1:38West Virginia.
- 1:40So West Virginia as a whole, we're about
- 1:421,800,000
- 1:43residents.
- 1:44The largest cities of note would be Charleston,
- 1:46which is our state capital,
- 1:48as well as Huntington, West Virginia, Wheeling, Weirton,
- 1:52are all large cities. Morgantown, we call it
- 1:54the university city, is about an hour and
- 1:57twenty minutes south of Pittsburgh where I sit.
- 2:00And, you know, we're a very proud group.
- 2:02I'm a WVU graduate.
- 2:04I joke we've been socially distancing since 1857.
- 2:08We're very loyal to our state. We're very
- 2:10humble.
- 2:11We work hard,
- 2:12and, you know, Vandalia was brought together to
- 2:15make sure that access,
- 2:16quality care, service is the forefront of what
- 2:19we do each and every patient, one patient
- 2:21at a time.
- 2:23Thank you. And talk a little bit about
- 2:25when when you look at the trends you're
- 2:27watching in health care,
- 2:29it seems like West Virginia is doing a
- 2:31better job than other states in getting its
- 2:33physicians back there.
- 2:35So many challenges in rural health care today.
- 2:38What what are some of the trends you're
- 2:39watching in in West Virginia?
- 2:41It seems like West Virginia is just moving
- 2:43in the right direction versus so many other
- 2:45places. What's your sense of that and what
- 2:47trends are you watching?
- 2:49Well, I think that's a great question. I
- 2:51mean, we're 1,800,000
- 2:52people and, you know, you talked about our
- 2:54rural nature.
- 2:55West Virginia
- 2:56has pockets of greatness and pockets of good
- 2:59access. I'm talking from the northern part of
- 3:01the state where you can get to Baltimore
- 3:03or Washington or Pittsburgh or
- 3:05Ohio pretty easily for higher level care you
- 3:08may not be able to get at home.
- 3:09The more Southwest
- 3:11you go in pockets or east,
- 3:13yeah, you you think east. Oh, you're close
- 3:15to DC. Well, you could be in a
- 3:16very rural community without a major interstate
- 3:19or, access road, and you have to wind
- 3:22around to get out, up, and over.
- 3:25So our goal at Vandalia Health has been
- 3:27able to bring care close to home. We've
- 3:30been very lucky this year in physician recruitment.
- 3:33Across our enterprise, we brought in nearly 200
- 3:36doctors,
- 3:38nurse practitioners,
- 3:39physician assistants,
- 3:40CRNAs,
- 3:41you name the allied health professional,
- 3:44onto our campuses to be able to take
- 3:46care of our patients.
- 3:47Many of our doctors travel to some of
- 3:49these rural communities to offer oncology or pulmonary
- 3:52care or neurology care or urological care, because
- 3:56we can't get people to live right in
- 3:58those little rural communities. And most of us
- 4:00know, if you don't make it easy to
- 4:01access health care, patients aren't gonna go. And
- 4:04if they don't go, they're gonna get sicker,
- 4:06health care is gonna get more expensive, and
- 4:08families are gonna suffer because their loved one,
- 4:11gets sicker. So our goal is to be
- 4:13able to get care close to home through
- 4:15telehealth,
- 4:16through making sure we have specialists close,
- 4:19and also to make sure that we recruit
- 4:20into the communities and hopefully get people to
- 4:22live there. Some trends, pharmaceutical expenses on everybody's
- 4:26radar.
- 4:28Last year, the year before it was the
- 4:29GLPs.
- 4:30Well, this
- 4:31year, you know, it's $3.40 b,
- 4:33making sure that the costs are reduced to
- 4:35get access to care and pharmaceuticals to our
- 4:38patients.
- 4:39Labor costs are still some a driver for
- 4:41us. While we're rural, we have to pay
- 4:44competitively,
- 4:45like, the states around us to get people
- 4:47to live in our state. And while they'll
- 4:49come to a rural state, they still wanna
- 4:51get paid, what the going rate is, and
- 4:53we wanna be competitive to do that. Health
- 4:55benefits is another area.
- 4:57While our employees
- 4:59and colleagues might be healthy, some of their
- 5:01dependents, where we call them beneficiaries on the
- 5:04health plans,
- 5:05are a little costly, and we wanna take
- 5:07care of our families, but it's also a
- 5:08cost that we're trying to manage. And then
- 5:11lastly,
- 5:11the trend on IT,
- 5:13the the fastest growing part of our budget
- 5:15in most health care providers besides the medicines
- 5:18and the benefits is the investment in technology,
- 5:20whether it be artificial intelligence or electronic milk
- 5:24record medical records
- 5:25or other investments, they're very costly. And, if
- 5:28you're a mostly Medicare, Medicaid state like West
- 5:31Virginia,
- 5:32where your rates are fixed, the costs are
- 5:34high, and we have to manage our costs,
- 5:35manage our revenue, our expenses, and our levels
- 5:38of investment to be, very proactive.
- 5:42Thank you. No. That that makes sense. I
- 5:44mean, so much of the dollars are coming
- 5:46in, Medicaid, Medicare, some commercial, but some of
- 5:49those different dollars are not going up in
- 5:52any significant way or they're fixed dollars. At
- 5:54the same time, the expenses continue to rise
- 5:56and continue to try and innovate and provide
- 5:59better and better care. You got rising cost
- 6:02and and relatively flat reimbursement.
- 6:05Talk for a second, David. As you look
- 6:06at 2026,
- 6:08what are you most focused on and excited
- 6:10about as you move towards this next year?
- 6:13Well, then there's the macro and the micro.
- 6:15I'll start with the micro. We're still merging
- 6:17all of our assets into an integrated delivery
- 6:20system. And as many of us know, when
- 6:22you build scale, you wanna take out waste
- 6:24to the system, reduce your costs so you
- 6:26can take those excess dollars that you generate
- 6:29and invest them into your people, invest them
- 6:31into technology,
- 6:32invest them into pro programs that benefit our
- 6:35community. As a five zero one c three
- 6:37or a tax exempt organization,
- 6:39we wanna be very careful with the dollars
- 6:41we invest so we could benefit our communities
- 6:43and make them more livable and healthy. From
- 6:46a macro perspective,
- 6:48there's a lot of, you know, trials and
- 6:49tribulations
- 6:50related to what is or isn't coming out
- 6:52of Washington related to Medicaid reimbursement,
- 6:56reductions that'll come from that, three forty b.
- 6:59The I love what I'm seeing. I think
- 7:01just today, we saw Eli Lilly is dropping
- 7:04the cost of GLP ones if you pay
- 7:06cash. So we're seeing a lot of things
- 7:08change in the market, which should improve care,
- 7:11improve access, and reduce cost.
- 7:13We still need to make ourselves frictionless,
- 7:16make it easier for patients to get in
- 7:17to see their doctors or their health care
- 7:19professionals,
- 7:21and take care of them in the moment
- 7:22they need our care so we can reduce
- 7:24cost and improve our outcomes.
- 7:26The nation is moving to value. That means
- 7:28we have to be Johnny on the spot
- 7:31related to getting those people that need care
- 7:33in, getting them timely taken care of, following
- 7:36up with them timely, and getting to own
- 7:38their health care and make it a less
- 7:40difficult environment.
- 7:42Those prices, if you will, are relatively fixed,
- 7:45but whether it be a tariff, whether it
- 7:47be inflation, are going up. And we have
- 7:49to make sure that we're being good stewards
- 7:50of the dollars that we get for fee
- 7:52for service and or
- 7:54arrangements with our payers, but we also have
- 7:56to be good stewards of those dollars.
- 8:01Yes. No. No. Absolutely. And, David, you've had
- 8:04this fantastic career. You spent a lot of
- 8:06time at Allegheny General Health before moving to
- 8:10West Virginia or or taking a position here.
- 8:13Talk a bit about what advice would you
- 8:15give to emerging leaders in in
- 8:18what do you tell somebody who's an emerging
- 8:19leader who wants to have an impactful and
- 8:20great career?
- 8:22So I've been blessed. I've lived in Northern
- 8:24Virginia. I worked at Inova Health System. I've
- 8:26worked in Texas with Baptist Health System, part
- 8:29of Tennant, Allegheny Health Network, as you mentioned
- 8:32in Pittsburgh, and then here with Vandalia.
- 8:35And what I say with everybody, healthcare is
- 8:37probably the most giving profession back to a
- 8:39community you can take on.
- 8:41We cover pretty much every profession or career
- 8:44that you would need, whether you're in safety,
- 8:46security, IT, finance, healthcare delivery,
- 8:51cybersecurity,
- 8:52security as a whole, I joke. Health care
- 8:54systems and hospitals are like little cities. So
- 8:57it's imperative that we give back to our
- 8:59communities and stay focused on what the local
- 9:01communities need. Not all of us could be
- 9:03all things to all people. But when it
- 9:05comes for people coming up the ranks, you
- 9:07know, it's pretty easy.
- 9:09Don't take yourself too seriously even though it's
- 9:11a serious job.
- 9:13Be into the details enough that you understand
- 9:15it and can make a difference, and then
- 9:17hopefully lead your next level leaders to the
- 9:20next level,
- 9:21to be successful for the communities we serve.
- 9:24Partner with your clinicians. It's very easy, to
- 9:27get into a, you know, I'll say a
- 9:29combative situation.
- 9:31Nothing. Everyone is coming to the table wanting
- 9:33to do the best thing for their the
- 9:35place they work, for the communities they serve,
- 9:37for the patients we take care of, etcetera.
- 9:40And we god gave us two ears in
- 9:41a mouth for a reason. I talk a
- 9:43lot, so I try to slow down,
- 9:45to listen more, understand what's being said,
- 9:49and then try to galvanize our group to
- 9:51come to good solutions.
- 9:52And then at the end of the day,
- 9:54we're dealing with people's lives. Come to work.
- 9:56I I had a a boss many years
- 9:58ago say to me, if you don't strive
- 10:00for perfection, you'll never get there. And that's
- 10:02a high bar.
- 10:04Anything less in health care could mean a
- 10:06terrible outcome
- 10:07or a defect or a variation that can
- 10:10cause,
- 10:11a bad outcome to a patient or to
- 10:13a colleague. So we wanna make sure we
- 10:15have systems and structures in place to remove
- 10:18variability but have a just culture. Where people
- 10:20see things that aren't making sense, raise the
- 10:23flag or raise the idea for us to
- 10:25be better. Because at the end of the
- 10:27day, it's all about harnessing the strength of,
- 10:29in our case, 13,000
- 10:31people to row in the same direction and
- 10:33also make sure at the end of the
- 10:35day that our patients are well taken care
- 10:37of and that our colleagues are well supported.
- 10:41Thank you. And and then just taking us
- 10:42back one more second. As you look at
- 10:442026,
- 10:46if you look at sort of the
- 10:48what you're most excited about, you've got the
- 10:50integration going on.
- 10:52I don't know how the mountain airs are
- 10:53doing right now.
- 10:55But but what what, Ari, when you look
- 10:57at this next year coming up,
- 10:59what gets you going in the morning that
- 11:00gets you like, oh my god. Am I
- 11:01excited to get to work? Because here's what
- 11:03I'm working on.
- 11:04Well, I I have, an outstanding
- 11:07group of colleagues that I work with.
- 11:10This year, our longtime CEO, David Ramsey, is
- 11:13retiring this '26.
- 11:15Jeff Sandeen, our long term CFO, will ascend
- 11:17to the CEO chair.
- 11:19They're two great guys,
- 11:21who had the vision of bringing Vandalia together,
- 11:23and the three of us along with 13,000
- 11:26colleagues are forming what we think is an
- 11:28integral part of the West Virginia fabric. So
- 11:31I'm excited about what more we can do
- 11:33to continue the trend as you started off
- 11:35with that we're improving the health care trajectory
- 11:38of those we serve.
- 11:39I think this year is gonna be a
- 11:40lot going on, like I said, on the
- 11:42IT
- 11:43spectrum related to artificial intelligence and how we
- 11:46could put tools into the hands of our
- 11:48clinicians and our colleagues to make it that
- 11:50much easier to do the work that our
- 11:53patients expect, which is
- 11:54easily accessible, lower cost, higher quality.
- 11:58West Virginia has a lot of benefits. The
- 12:00Mountaineers this year did not have
- 12:04a great year, but I'm on to basketball.
- 12:04So I'm already moving forward into March madness,
- 12:06I hope, and and will be there. But
- 12:07we need to make sure that we are
- 12:09making it easy, and we improve our outcomes.
- 12:12We're the number one state for smoking. We
- 12:14have some of the highest obesity, diabetes, heart
- 12:17disease that you'll see around the country. Lots
- 12:19of Parkinson's, lots of lung,
- 12:22issues.
- 12:23We need to work on those and make
- 12:24it easy for us to work with the
- 12:26other providers in the state and around our
- 12:28region to make it easier. The we hope
- 12:31that the, president's $50,000,000,000
- 12:34rural health care transformation
- 12:36grant, we're gonna get our piece of it,
- 12:38really makes a dent in the way health
- 12:40care was to where we need to drive
- 12:42health care into the future. So '26 is
- 12:45gonna be a a a incredible year. I'm
- 12:47excited for it. And what keeps me going
- 12:49every day is no matter what any of
- 12:52us do in health care, we're improving people's
- 12:54lives and the trajectory of their health care.
- 12:56That's exciting to be able to help people
- 12:58in need, make sure we stay true to
- 13:00who we are, and make people more healthy
- 13:02and, hopefully,
- 13:03give people a little bit more spring in
- 13:05their step.
- 13:07David, it's always great to visit with you.
- 13:09It always lifts my spirits. Thank you for
- 13:12joining us today on the Becker's Healthcare podcast.
- 13:15Congratulations
- 13:15on what you've accomplished and what MonHealth and
- 13:18Vandalia help is accomplishing.
- 13:21Thank you so much for joining us.
- 13:23Thanks for all you do, Scott. I can't
- 13:24wait to get your book, and thank you
- 13:26for the opportunity.
- 13:28God bless you. Thank you for buying. Thank
- 13:30you so much. Take care. Thank you, sir.
- 13:33Thank you, sir.