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Larry Gold

BY Larry Gold | 06-17-2008 | 4:42 PM
This blog is written by a member of our blogging community and expresses that member's views alone.

Larry Gold currently serves as principal in Gold Advisors, which
provides consulting and advisory services to pediatric acute care
providers and similar organizations in the United States and abroad.

Since beginning work with Gold Advisors in 2006, Larry Gold’s
accomplishments include conducting membership marketing studies for the
National Association of Children’s Hospitals and Related Institutions
and guiding the process for consolidating a medical school teaching
hospital, a freestanding children’s facility and two pediatric acute
care providers.

Larry Gold was also the primary advisor to an Egyptian consortium,
headed by that country’s First Lady, Suzanne Mubarak, during the
pre-opening stages of a 200-bed Cairo pediatric cancer hospital.

Before founding Gold Advisors, Larry Gold worked from 1997 to 2006 as
the president and chief executive officer of the Connecticut Children’s
Medical Center (CCMC) in Hartford, Conn. The hospital, a $265 million
corporation, houses the pediatric residency program of the University
of Connecticut School of Medicine.

During his tenure at CCMC, Larry Gold consolidated three competing
pediatric facilities and medical staffs into one enterprise. He
orchestrated a $32 million turnaround by implementing a strategic and
operational plan. Larry Gold also led a capital campaign at CCMC to pay
for expansion in five clinical areas and executed 12 affiliation
agreements with regional hospitals to create a “system of care”
service.

In the area of continuing professional education at the hospital, Larry
Gold achieved the highest nurse retention rate for any state acute care
facility, established leadership academies for physicians and nurses to
improve professional development and planning for current and future
hospital leaders and grew the hospital’s residency program by one-third.

Before taking the position at the CCMC, Larry Gold served as the
assistant administrator of women and children’s services and human
resources and the administrator of the children’s hospital at the St.
Francis Medical Center and The Children’s Hospital of Illinois in
Peoria, Ill. He held this position from 1988 to 1996.

While at the Peoria hospital, Larry Gold was responsible for the
planning, development and establishment of a 148-bed acute-care
regional pediatric teaching hospital, part of an eight-hospital system.
Larry Gold’s responsibilities included managing ongoing operations,
financial affairs and medical staff relations.

Working with the board of directors, medical school and referral
network, Larry Gold worked to implement long-range strategic goals to
increase market share, expand clinical services and strengthen
community involvement and philanthropic opportunities.

Larry Gold started his career in health administration in Pittsburgh,
Pa. From 1987 to 1988, he was the director of strategic development at
Western Pennsylvania Hospital, where he led the strategic and business
planning process, program development and performance enhancement of
existing services.

From 1980 to 1987, he was a clinical social worker and coordinator of
transplant services at the Children’s Hospital of Pittsburgh. Larry
Gold was responsible for the initial development and coordination of
clinical and administrative components of the transplant program and
worked with patients in cardiology and cardiothoracic surgery, the
emergency department and the outpatient psychiatric center.

From 1982 to 1985, Larry Gold held an adjunct faculty appointment in
the graduate school of social work at the University of Pittsburgh,
where he earned his master’s degree in social work in 1980. Larry Gold
also holds a master’s degree in health system management from
Carnegie-Mellon University in Pittsburgh, which he earned in 1986.

Among his professional affiliations, Larry Gold served as chairman of
the board of directors for the Connecticut Hospital Association, held
several positions with the National Association of Children’s Hospitals
and Related Institutes and served with several Hartford-area agencies,
including the Metro Hartford Chamber of Commerce, the Hartford Downtown
Council and the Hartford Action Plan for Infant Health.

His professional and personal involvement led to awards including The
Robert U. Massey Award for Distinguished Service to Advance Cooperative
Arrangements among Health “Care Providers,” presented to Larry Gold by
the Capital Area Health Consortium in 2006 and the Whitney M. Young,
Jr. Service Award, presented by the Boy Scouts of America in 2005.

Larry Gold was also named the business leader of the year by the
Greater Hartford Chamber of Commerce in 2002 and earned the Champion
for Children Award, presented by The Village for Families and Children,
in 2001.

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