Medical Care
Mary Washington Healthcare's McDermott Resigns to Lead Montage Health
2024-12-02
Dr. Mike McDermott, the President and CEO of Mary Washington Healthcare, has made a significant career move by resigning to take on the same position at Montage Health in Monterey, California. This development has sent ripples through the local healthcare community. Sources within the organization have confirmed that McDermott's resignation was announced internally on Monday morning. As a result, Dr. Christopher Newman, who has been with Mary Washington Healthcare since 2019 and previously served as CMO for Penn State Health's St. Joseph Regional Health Network, will step into the role of CEO.
McDermott's Impact and Legacy
Dr. McDermott has been at the helm of Mary Washington Healthcare since January 2015. During his tenure, he has overseen a remarkable expansion of the hospital system. This includes the addition of a graduate medical education program (GME), which is set to enhance the training and expertise of future healthcare professionals. Additionally, he has successfully consolidated several medical practices under the Mary Washington Healthcare umbrella, strengthening the organization's reach and capabilities. According to the 2023 form 990 tax filing, McDermott received more than $1.9 million in total compensation the previous year. His leadership has not gone unnoticed, as the hospital's bond rating has been upgraded three times under his guidance.In recent years, Mary Washington Healthcare has faced various challenges and public scrutiny. One such issue was its deteriorating relationship with the Moss Free Clinic. Additionally, expansion plans that called for the demolition of the Kids' Station daycare center to construct a medical clinic and conference center sparked significant debate. However, McDermott remains proud of the achievements during his time as CEO. He believes that under Dr. Newman's leadership, the system will continue to grow and advance. "I am extremely proud of everything Mary Washington Healthcare has achieved during my time as CEO and I am confident that under Dr. Newman's leadership, the system will continue to grow and advance," McDermott said in the press release. "It's been an honor and a privilege to lead MWHC for the past 10 years, and I'm excited to watch its progress continue under Chris' leadership."Newman's Vision and Commitment
Dr. Christopher Newman is deeply honored to be selected as the new CEO. He is committed to continuing the mission of improving the health of the people in the communities served by Mary Washington Healthcare. As the system continues to grow rapidly, he is excited to build on the momentum from the past several years and work tirelessly to make Mary Washington the best health system for providers, team members, patients, and community members. "I'm deeply honored to be selected for the role of CEO and I'm committed to continuing our mission of improving the health of the people in our communities," he said in the press release. "As our system continues to grow rapidly, I'm excited to build on our momentum from the past several years and to keep working to make Mary Washington the best health system for our providers, team members, patients and community members."Financial and Operational Highlights
The financial and operational aspects of Mary Washington Healthcare have also seen significant improvements under McDermott's leadership. The hospital's bond rating upgrades demonstrate its financial stability and creditworthiness. This, in turn, allows for increased access to capital and resources, enabling the organization to invest in new facilities, equipment, and programs. Additionally, the addition of the GME program has not only enhanced the quality of care but has also created new opportunities for collaboration and research within the healthcare community. The consolidation of medical practices has streamlined operations and improved efficiency, leading to better patient outcomes and a more seamless healthcare experience.Community Impact
Mary Washington Healthcare plays a crucial role in the local community. It is a major donor to the Free Press, demonstrating its commitment to supporting local journalism and the well-being of the community. The hospital's efforts in improving healthcare access and quality have had a positive impact on the lives of countless individuals. From providing comprehensive medical services to investing in community health programs, Mary Washington Healthcare is dedicated to making a difference. Under Newman's leadership, the hospital will continue to focus on serving the community and addressing its healthcare needs.