Latest / Becker’s Healthcare Podcast / Driving Growth and Excellence at St. Joseph's Health with Dr. Dustin Riccio
Transcript
- 0:02This is where health care leadership comes together.
- 0:04Becker's sixteenth annual meeting brings more than 3,500
- 0:07hospital and health system executives and nearly 800
- 0:10speakers to Chicago
- 0:12April.
- 0:14This year's event includes keynote conversations with Dallas
- 0:17Cowboys legend Troy Aikman and former president George
- 0:20w Bush. For the agenda and event details,
- 0:22visit beckershospitalreview.com
- 0:25and click on the events tab in the
- 0:26upper right. We're looking forward to hosting you
- 0:29in Chicago.
- 0:31This is Laura Dirda with the Becker's Healthcare
- 0:33podcast. I'm thrilled today to be joined by
- 0:36doctor Dustin Riccio,
- 0:37president and chief executive officer at St. Joseph's
- 0:39Health System. Doctor Riccio, it's a pleasure to
- 0:41have you on the podcast today. Good morning,
- 0:43Laura. Thanks for having me.
- 0:45Now I'm excited for our conversation because I
- 0:47know there's so much happening in health care,
- 0:48and, you know, it'll be really fun to
- 0:50learn a little bit more about what you're
- 0:51doing at St. Joseph's and how you're thinking
- 0:53about the future. But before we dive in,
- 0:55can you tell us just a little bit
- 0:56more about yourself, your background, and St. Joseph's
- 0:58Health System?
- 1:00Absolutely.
- 1:01So my name is, Dustin Riccio. I am
- 1:03the president and chief executive officer here at
- 1:05St. Joseph's Health. The way I like to
- 1:07describe myself is, especially being in Jersey, is
- 1:10that I'm actually a Jersey boy.
- 1:12I I grew up down in on the
- 1:14Jersey Shore before, as I tell people, before
- 1:16it was the Jersey Shore.
- 1:18And, really great spot to grow up. I
- 1:21wound up,
- 1:22going to, Bucknell University and subsequently did med
- 1:25school up in in Syracuse, New York.
- 1:28And, at that time, really, was spending some
- 1:30time
- 1:31in getting acquainted with what the clinical realm
- 1:34was. And,
- 1:36I did my residency there. I got married
- 1:38at that time and wound up spending about
- 1:40twenty years up in the Rochester and the
- 1:42Upstate area.
- 1:44I got my first attending job, in Rochester,
- 1:47New York, and,
- 1:48my wife and I raised a family there
- 1:51for
- 1:51really twenty years.
- 1:53And during that time, I I really took
- 1:55a
- 1:56a liking to,
- 1:58and a love for the administrative
- 2:00realm of medicine.
- 2:02And I started as the chair of the
- 2:03department, eventually became the president of a hospital
- 2:05in a smaller region within Rochester Regional Health,
- 2:08and eventually got to the point where I
- 2:10started looking to see what else was out
- 2:12there. And I was really happy to
- 2:14find a position that was available,
- 2:17here in New Jersey when a recruiter reached
- 2:19out and talked to me about the position
- 2:21that was opening up, because of her retirement
- 2:24at St. Joseph's Health in Paterson, New Jersey.
- 2:27I looked at the opportunity. I fell in
- 2:29love with the place when I came to
- 2:30interview
- 2:31for it. And,
- 2:33the way the team here really
- 2:35wrapped their arms around me and the culture
- 2:37that is St. Joseph's Health, the mission of
- 2:40who we are and what we do, it
- 2:42really attracted me to the organization.
- 2:44And I was fortunate enough to be offered
- 2:46the position and,
- 2:48took the position back in,
- 2:50January
- 2:512024.
- 2:52I've now been in the role for for
- 2:54two years and,
- 2:56loving New Jersey, loving being back in this
- 2:58great state, and also appreciative for the work
- 3:01that we're doing here and the purpose that
- 3:03I have in serving this role and serving
- 3:06this community at St. Joseph's.
- 3:08So that's a little bit about me, Laura.
- 3:09That's my
- 3:10past, twenty years
- 3:12in thirty seconds or less.
- 3:15Oh, that's amazing. I mean and and what
- 3:16a great career you've had going from the
- 3:18clinical side into administration and then being able
- 3:20to get back to New Jersey is just
- 3:23fantastic. And I love the way you describe
- 3:25the feeling that you had when you got
- 3:26to Saint Joseph's and and truly,
- 3:29you know, having that connection and feeling like
- 3:31you've been supported since you've been there. So,
- 3:33that's amazing to hear. And, you know, I'm
- 3:36I'm curious. Could you tell us a little
- 3:37bit more about the last year or so,
- 3:39an important initiative that you led? What did
- 3:40you do, and what were the results?
- 3:42Well, yeah. Maybe I'll if it's okay with
- 3:45you, I'll extend it back even two years
- 3:46because I think that first year where I
- 3:48arrived here was even more important about setting
- 3:51up what we did last year. Because that
- 3:53first year for me was really a year
- 3:55of listening and learning and spent a lot
- 3:58of time with the entire
- 4:00constituents of our community.
- 4:02I spent a lot of time with
- 4:04our frontline team members. I spent a lot
- 4:06of time with our executives and our legislators,
- 4:09and really getting an understanding, even though I
- 4:11know knew Patterson growing up, even though I
- 4:13knew the landscape for the health care industry
- 4:16in New Jersey, I I wanted to see
- 4:18where we were. And in doing that three
- 4:21to six month listening session and then doing
- 4:24a nine month strategy session on where we
- 4:27needed to go, it set up back to
- 4:29your question. It set up what the last
- 4:31year was, and that was 2025.
- 4:33Because
- 4:34walking out of '24 into '25 was a
- 4:37function of executing on the listening session,
- 4:40getting in a
- 4:41buy in from the board, the community, the
- 4:43frontline team as to what our vision was
- 4:45going to be, what our strategy was gonna
- 4:47be. And then in January '25,
- 4:50we kicked off that
- 4:52strategic plan. We launched it. And it has
- 4:55been probably the most important thing that we
- 4:57did,
- 4:58last year. And why is that important? Because
- 5:01what we wanted to do was we wanted
- 5:03to recognize what I had learned back in
- 5:06'24,
- 5:07that this organization really needed to expand itself
- 5:10from a growth standpoint. It needed to
- 5:14recognize the excellence that it was
- 5:17and how we needed to both get back
- 5:19there, as well as build upon the great
- 5:21things that we were already doing. And then
- 5:23what I described to you about
- 5:25coming here in '23 when I was interviewing
- 5:28for the position
- 5:29and how much I appreciated the culture and
- 5:31mission and then expanding that culture. Because our
- 5:34strategic plan launch isn't just about growing market
- 5:37share. Our strategic plan launch that we did
- 5:39in January 25
- 5:41was those pillars around growth, excellence, and culture.
- 5:44And and what we tacked on there was
- 5:47what I keep saying to people, that fourth
- 5:49pillar. That fourth pillar is,
- 5:51hey. Listen. We need to tell our story
- 5:53a little bit differently as to who we
- 5:55are at St. Joe's, and I call that
- 5:57amplifying our voice. So what we did last
- 5:59year in January, we launched that strategic plan
- 6:02with the pillars of growth,
- 6:04excellence,
- 6:05culture,
- 6:06and amplifying our voice. And back to your
- 6:08original question, I think that's the most important
- 6:10thing we did last year, and I think
- 6:12it's probably one of the most important things
- 6:13that this organization
- 6:14has done in the last several years.
- 6:18I love that. And I I think it's
- 6:19so critical to have that kind of vision
- 6:22into, you know, where you want the health
- 6:24system and organization to be and and how
- 6:26the people are functioning within it. And to
- 6:28your point in in looking at amplifying your
- 6:30voice, having that excellence in the in the
- 6:33culture in place, what does that look like
- 6:35in the last year as you're,
- 6:37you know,
- 6:38unveiling that to the team and then actually
- 6:40seeing them,
- 6:41make changes in how they're thinking about the
- 6:43the organization and how they're talking about it?
- 6:46You know, what did that look like, and
- 6:48how are you seeing that actually come to
- 6:49fruition?
- 6:51Yeah. And going one layer deeper,
- 6:53Laura, is
- 6:55on the growth standpoint,
- 6:57it it really is about
- 6:59recognizing what the community needs are and how
- 7:01we're expanding into those communities. And we've defined
- 7:04those into nine different strategic areas.
- 7:06The primary is really around primary care. There
- 7:08is a dearth of primary care where we
- 7:11are currently at as well as in some
- 7:12of the markets that we wanna be in.
- 7:14Right? And we wanna build out our primary
- 7:16care strategy and have been spending the last
- 7:18year plus in doing that. In addition to
- 7:20that, we have also defined eight additional specialties
- 7:23and subspecialties that we need to grow in,
- 7:25that the community needs and we believe that
- 7:27we are providing and can provide
- 7:29more of. And then lastly is our ambulatory
- 7:32our ninth
- 7:33strategic growth area is around our ambulatory focus,
- 7:37areas.
- 7:38And that's ambulatory surgery, that's our ambulatory campuses,
- 7:41and how we can actually grow that to
- 7:42serve the community better. But the excellence and
- 7:45culture piece are,
- 7:46how we're doing that is taking those listening
- 7:49sessions again, and we are recognizing
- 7:52the high quality
- 7:53that we have within our clinicians and the
- 7:55care that we offer,
- 7:56and we are seeing how we can double
- 7:58down on that. I will typically call it,
- 8:00the the trophy case, you know, but what
- 8:02we what we're really pushing the team to
- 8:04do is to say, hey. You guys are
- 8:06doing a great job here. We believe that
- 8:07we are the market leaders in several different
- 8:10comp components of clinical care. We were fortunate
- 8:12enough, based off of the work that the
- 8:14team did even prior to my arrival, to
- 8:16receive two LeapFrog a grade ratings,
- 8:19in last year. And it's actually,
- 8:21something that hasn't been achieved at this campus
- 8:24ever. Right? And so letting the team recognize
- 8:27that and building on that excellence those excellence
- 8:29initiatives
- 8:30is how we're building out that pillar. From
- 8:32a cultural standpoint,
- 8:34reengaging
- 8:35our team
- 8:36differently. The culture that I described to you
- 8:38when I walked in the doors back in
- 8:39'23 is exactly what I wanna build upon.
- 8:42And the human capital aspect of what we
- 8:44do here at St. Joseph's Health is so
- 8:46critical. And if you were here, you can
- 8:48actually feel it. It is about living the
- 8:50mission. It's about recognizing
- 8:52what the Sisters to Charity of St. Elizabeth's
- 8:54created back in 1867
- 8:56with an 11 bed hospital
- 8:58and providing to the community that we are
- 9:00doing today across three different campuses now. Right?
- 9:03And the team knows that. They know what
- 9:06it means to to do that, and they
- 9:08live the mission every day. And we are
- 9:09investing in that both from an employee engagement
- 9:12standpoint, as well as out within the community.
- 9:15And that has been actually critical for us
- 9:18to
- 9:19get buy in on the strategic plan as
- 9:21well as to advance the growth initiatives. Right?
- 9:23So that growth, excellence, and culture. And then
- 9:25I heard you very specifically ask about what
- 9:27does it mean to amplify our voice. It's
- 9:29doing what you and I are doing today.
- 9:31Right? It is about
- 9:33continuing to be humble, but also letting our
- 9:37communities know and letting the entire state know
- 9:40that we were actually a high quality organization
- 9:45that serves
- 9:46a challenged
- 9:49group population within Patterson, but also is expanding
- 9:52outwards so that people can feel exactly the
- 9:55culture that I'm describing to you. And that
- 9:57means getting in front of the communities. That
- 9:59means getting in front of our legislators.
- 10:01That means getting in front of our payers.
- 10:03And and that means getting in front of
- 10:05our team members to say, we are doing
- 10:07this really well, and I need you to
- 10:09speak a little bit more loudly about that
- 10:11work.
- 10:12And that has really caught on here. It's
- 10:15why I'm doing what I'm doing. It's why
- 10:17I'm spending that time in front of the
- 10:18community, in front of the legislators, in front
- 10:20of the team members to continue to carry
- 10:22that message.
- 10:23A little less humble,
- 10:25not bragging, somewhere right in the middle.
- 10:28I love that. You know, and that's such
- 10:31a critical way of of really branding and
- 10:33having yourself out there, within the community and
- 10:36just really being proud of everything that you
- 10:38do. So I I love it. I think
- 10:41looking ahead into the next year, what are
- 10:43some of the big priorities that have been
- 10:44that that you're focused on for the next
- 10:45twelve months or so?
- 10:47What we are looking at in '26 is
- 10:50how do we keep our foot on the
- 10:51gas? Right? We we we kicked off that
- 10:54strategic plan. We launched it back in January
- 10:5625, and we actually saw a lot of
- 10:58big wins in those nine different areas that
- 11:00we described that I described to you.
- 11:02Not everything was a win. Right? And what
- 11:04we did is even in the last part
- 11:06of '25 is we said, hey. Listen. There's
- 11:08a lot of changes that are coming within
- 11:09our industry, within the administration,
- 11:11that we need to be cognizant of. And
- 11:13how do we actually evolve our strategic plan
- 11:15to make sure that the organization is successful
- 11:17moving forward?
- 11:18So we made that evolution at the '25
- 11:21and into '26.
- 11:22But, really, what I am focusing on right
- 11:24now is at the same time where we're
- 11:26putting out fires, that we are also keeping
- 11:28our foot on the gas. And that foot
- 11:30on the gas means growth, excellence, culture, amplifying
- 11:33our voice, and supporting our team to to
- 11:36do exactly that. It means getting in front
- 11:39of our federal, our state, and our local
- 11:41governments to let them know what the administrative
- 11:43changes that are happening on an industry wide
- 11:46level and how they are impacting us. And
- 11:49in addition to that, it also means holding
- 11:51others accountable for that. Right? Making sure that
- 11:54the payers know what the challenges are gonna
- 11:56be coming forward and that,
- 11:58we need to be recognized as an entity
- 12:00within,
- 12:01Northern Jersey, if not the region. And then
- 12:03it's getting in front of our our patients
- 12:05and our communities and letting them all know
- 12:08all the stuff that we are doing so
- 12:09that we can continue to drive volume
- 12:12as well as a great patient experience.
- 12:14So if you were to ask me in
- 12:16in simple words, it would I would say
- 12:18we need to keep our foot on the
- 12:19gas. We cannot take what happened in '25,
- 12:22which was a big win for the organization,
- 12:24those growth initiatives. We need to double down.
- 12:27We have the flywheel going now. We just
- 12:29need to spin it a little faster.
- 12:31That makes a ton of sense. And, you
- 12:33know, I I really appreciate you talking through
- 12:35that because it is a time of a
- 12:36lot of uncertainty, a lot of changes, and
- 12:38I think a lot of leaders
- 12:40across the board are trying to figure out
- 12:41how to keep their teams focused and results
- 12:44driven, process driven,
- 12:46while at the same time looking into the
- 12:47future too and building for the future, which
- 12:49is a hard,
- 12:50thing to balance. And so from your perspective,
- 12:53when you're,
- 12:54you know, working with your teams, your leadership
- 12:56teams, and then, you know, communicating out to,
- 12:59the frontline
- 12:59staff as well. How do you really kind
- 13:03of walk that line and and make sure
- 13:05that,
- 13:06you're thinking about the right things? What are
- 13:07the results? What are the impact that some
- 13:09of these things are making,
- 13:11you know, for the organization?
- 13:14I I would say that the pace of
- 13:16change is is truly breakneck within health care,
- 13:19and
- 13:20and, unfortunately, a lot of the change hasn't
- 13:22necessarily been all that positive.
- 13:25And what that means in my mind
- 13:27is that
- 13:29we, and I say we, I mean the
- 13:31executive team and myself
- 13:33and, really, the entire organization is we need
- 13:36to communicate better.
- 13:37I I it's I've been saying this now
- 13:40for,
- 13:40I don't know, fifteen years, but I used
- 13:42to think I was a really good communicator
- 13:45until I got into
- 13:47the executive space. Right? And then and I've
- 13:50tried to iterate towards better,
- 13:53if not great as a communicator over the
- 13:55past twenty years, within the administration.
- 13:58And
- 13:59at a time right now where the pace
- 14:01of change is so fast,
- 14:03it is so necessary for myself
- 14:07to be a better communicator. It is so
- 14:09necessary for our executive team to communicate better.
- 14:13Right? And I don't mean just simply sending
- 14:15out emails, but getting in front of the
- 14:17team to make sure that, number one, they
- 14:20know that the direction that we are going.
- 14:22Right? They know that we are executing on
- 14:24the commitments that we made to them, to
- 14:26the communities,
- 14:27and to all other constituents that interact with
- 14:30St. Joseph's Health. And then lastly is
- 14:34listening to them as they give us feedback
- 14:36as the direction that we are going. Right?
- 14:39Because that is the feedback loop that needs
- 14:41to happen, and that is what makes up
- 14:43a great communication plan. It is not simply
- 14:45just sending an email out and saying we
- 14:47did this.
- 14:48It is following that communication loop, getting the
- 14:51closure from the team, from the community to
- 14:54make sure that we are headed in the
- 14:55right direction, and then evolving that as I
- 14:57described with what we did at the '25,
- 15:00not just based on the administrative changes, but
- 15:02what we were hearing back from the team,
- 15:04what we were hearing from the community. Is
- 15:06it perfect? No. But at the same time,
- 15:08that level of communication is something that I
- 15:11am challenging myself to do better on. I
- 15:13am challenging our executive team on. And I
- 15:16believe that that will be the critical component
- 15:18for the success that we need at this
- 15:20organization as well as within the health care
- 15:23to execute on those growth plans and bring
- 15:25better services out to the community.
- 15:28That is so helpful to understand, and thank
- 15:30you for digging a bit deeper there. It's
- 15:32just really fascinating times that we live in
- 15:34and certainly,
- 15:35helpful to get your perspective on how you're
- 15:37dealing with all of this. Now what do
- 15:39you think the hardest thing you'll have to
- 15:40do in the coming year will be?
- 15:43The hardest thing that we're gonna have to
- 15:44do is to maintain the pace that we
- 15:47are currently at. And I I talked about
- 15:50keeping our foot on the gas,
- 15:51but I also recognize that,
- 15:53from a a strain perspective
- 15:56that, listen, there are there are workforce challenges
- 15:58that are out there. There are there are
- 16:00reimbursement challenges, that we have at an industry
- 16:03level.
- 16:05And where we are organizationally right now, as
- 16:08we continue to pull this organization
- 16:10up,
- 16:11that pace of change
- 16:13is really challenging. Right? And that change doesn't
- 16:15just I don't mean just from a growth
- 16:17perspective, but I also mean in the organization,
- 16:20at the executive level, and actually building up
- 16:23what our our middle management team is currently
- 16:26doing.
- 16:27That pace of change in an organization
- 16:30has to
- 16:31be balanced, and
- 16:33that is one of the hardest things that
- 16:35I am going to do at from a
- 16:37leadership standpoint.
- 16:38And then I would say
- 16:40that pace of change married with the challenges
- 16:44that are coming through from an administrative standpoint
- 16:47that are gonna impact us financially
- 16:50are two of the things that I,
- 16:53gives me some level of anxiety,
- 16:55on a daily basis. But I absolutely believe
- 16:58that these are some things that we can
- 17:00take on both from a change standpoint and
- 17:02a change management standpoint
- 17:04and deal with the industry level, the administrative
- 17:06changes that are coming down to us, not
- 17:08just from a reimbursement standpoint, from a regulatory
- 17:10standpoint as well. And when if we bring
- 17:13those two things together, balance the place of
- 17:15change with the administrative and the industry changes,
- 17:17then we will be successful. But that is
- 17:19going to be very hard.
- 17:22Absolutely. I I think, it's, you know,
- 17:25so critical to have that type of focus
- 17:27that we were talking about earlier in the
- 17:29conversation,
- 17:30because,
- 17:31you know,
- 17:32this balance, and especially from the financial standpoint
- 17:35and change management too is is never easy.
- 17:38But before we wrap up here, I wanted
- 17:40to ask about growth too. Where do you
- 17:42see some of the best opportunities for organizational
- 17:44growth over the next couple years?
- 17:46Thanks, Laura. I I would reflect back on
- 17:48that question, and I would say that
- 17:51really covered a lot of it,
- 17:53already up to this point. And, really, what
- 17:55organizational growth in my mind comes down to
- 17:57is execution.
- 17:59Right? And from a growth standpoint, we talk
- 18:01through what those areas are from a primary
- 18:03care, down through the specialties and subspecialties and
- 18:06into that ambulatory care space.
- 18:08We need to execute in that realm. From
- 18:10an excellent standpoint,
- 18:11if we wanna grow,
- 18:13we need to create a great patient experience,
- 18:16and we need to let people know all
- 18:18the great work that we are currently doing
- 18:20and make sure they know that we are
- 18:21two of the safest hospitals in the nation.
- 18:23From a cultural standpoint,
- 18:25we need to make sure that the team
- 18:26has bought into the growth that I just
- 18:28described to you and that we are investing
- 18:31in the human capital and continue to invest
- 18:33in the human capital so that the culture
- 18:35can continue to grow here
- 18:37and our organization can grow. And lastly, I
- 18:40keep reiterating it, but we need to continue
- 18:42to tell our story a little bit differently.
- 18:44We need to let people know that we
- 18:46are expanding and that we are bringing additional
- 18:48services out to the community, that we have
- 18:50created a marketing plan that we are launching
- 18:52and a brand refresh that's coming out there
- 18:54to describe all of the things that I
- 18:57just talked to you about.
- 18:59We need to execute on growth,
- 19:01excellence, culture, and amplifying our voice, and then
- 19:04this organization will continue to become what we
- 19:07know it can be and even greater in
- 19:09the future.
- 19:11I love that. Thank you so much for
- 19:13joining us on the podcast today. This has
- 19:15been such a fascinating conversation. I really appreciate
- 19:18you digging deep into some of the cultural
- 19:20things you're doing as well as how you're
- 19:22thinking about growth and development, and I look
- 19:24forward to continuing the conversation as well at
- 19:26our sixteenth annual meeting in April. I know
- 19:28you'll be speaking on a panel, and it'll
- 19:30be great to connect there and keep the
- 19:31conversation going. Laura, thank you so much. I
- 19:34really appreciate the time.