Mon Health System and Charleston Area Medical Center Health System (CAMC) wrapped up plans to merge and form a new system called Vandalia Health.
First announced in April, the deal brings a 956-bed regional referral center to West Virginia's second-largest health system by market share.
David Ramsey, president and CEO of CAMC and now Vandalia Health, announced the deal’s close late last week during a West Virginia Chamber of Commerce meeting, according to a press release.
“Our decades of high quality, nationally recognized programs and services are now brought together to continue our efforts to reduce costs, enhance access and improve outcomes for the communities we serve,” he said in the release. “We will continue our legacy of service and renowned care delivery as a collaborative system of care.”
The two organizations had long shared a clinical affiliation agreement for certain services. Leaders said previously that taking the extra step would help their organizations trim down expenses and improve care quality, scale and access for patients.
Mon Health System was comprised of the flagship Mon Health Medical Center, Mon Health Preston Memorial, Mon Health Stonewall Jackson Memorial, the affiliated Grafton City Hospital and over 40 other locations. Its services extend beyond West Virginia and into parts of Pennsylvania and Maryland.
CAMC brings well over $1 billion in unrestricted revenue and other support to the new organization across its four hospitals, cancer center and other locations.
Together, CAMC’s nearly 8,000 employees and Mon Health System’s roughly 4,000 staff make Vandalia Health the second largest nongovernmental employer in West Virginia, Executive Vice President David Goldberg told local press.
“Together, we can offer enhanced care to a broader community than we could independently made up of the very best providers, clinicians and staff all focused on the communities we serve one person at a time,” Goldberg, who still serves as president and CEO of Mon Health System, said in the merger announcement. “Our cultures and mindset are so similar built upon programs and services of care second to none locally, regionally and nationally.”