If one of the databases is not active and or healthy can we be alerted on?
You need the Exchange license to be able to monitor and have alerts on all exchange server events. check the event guide for exchange below
https://support.quest.com/technical-documents/change-auditor-for-exchange/7.5/event-reference-guide#TOPIC-2293806
In this case, Mailbox Store Dismounted is the event we need to monitor.