MDR™ Announces Chad W. Wable as new Managing Partner
MDR™ is excited to announce the appointment of Chad W. Wable as MDR’s™ newest Managing Partner.
Chad is an engaging, contemporary healthcare executive with more than 18 years of progressive experience leading hospitals and health systems. Chad has led rural community hospitals, specialty hospitals and large tertiary academic medical centers. He has led hospitals out of bankruptcy and successfully completed financial and operational turnarounds. He has established a track-record of leading health systems to achieve sustained growth and positive performance. Chad believes in servant leadership, hard work, surrounding himself with smart, talented people and having a winning attitude as the keys to his success. He is considered a visionary and compassionate leader who appreciates the value of people, relationships and the teams he has been fortunate to lead.
Chad is currently the President and CEO of his company, Aspiresults where he helps leaders of hospitals and health systems optimize their performance and better lead to achieve better results. He is also a Managing Director with Berkeley Research Group where he is a senior advisor and consultant for their Healthcare Performance Improvement Group. Most recently, he served as the Senior Vice President and Chief Operating Officer of Trinity Health Of New England, a $1.8 billion regional health system with six hospitals and over 50 ambulatory facilities in CT and Western MA. During his tenure from 2016-2019, Chad led the integration of the regional health system into the parent company, Trinity Health while also leading their regional integration efforts and completing a comprehensive regional master facility plan. He unified and standardized many services and functions, most notably supply chain, workforce management, laboratory and behavioral health services.
Prior to his time with Trinity Health, Chad spent a decade as President and CEO of Saint Mary's Health System in Waterbury, CT. While at Saint Mary’s, Chad ascended quickly through the leadership ranks starting as their Corporate Director of Strategy and Business Development to ultimately lead the Board of Directors through a comprehensive, competitive affiliation process that resulted in the merger with Trinity Health in 2016. His ability to lead the performance of Saint Mary’s from near bankruptcy in 2003 to one of the best performing hospitals in Connecticut is a testament to his ability to command and balance strategic, operational and financial management. While at Saint Mary’s, he also grew the business by nearly doubling net revenue while establishing a relentless focus on customer service and high reliability that resulted in significant improvements in quality and patient satisfaction. Most notably, he inspired the Saint Mary’s family to dramatically improve their community reputation catapulting them to become the leading health system in the area.
Chad holds several professional memberships and affiliations including The American College of Healthcare Executives, the American Hospital Association, and the Connecticut Hospital Association. He is a Six Sigma Green Belt and is a Certified High-Reliability Trainer. He has served on numerous community service boards, and currently serves on the boards of Saint Bridget School and Gala Alert. Chad has received many recognitions and awards such as Modern Healthcare Magazine “Up and Comer,” the Connecticut Magazine, “40 Under 40” for Top Executives, and the Waterbury Chamber of Commerce Healthcare Heroes Award to name a few.
Chad was a two-year starter and Academic All-American football player at West Virginia University where he received master’s degrees in business administration, community health education, and healthcare administration and a bachelor’s degree in biology. Chad and his wife Teresa have six children and live in Cheshire, CT.