Choose the health content that’s right for you, and get it delivered right in your inbox.

Article Type: News

AdventHealth Invests $1.2 billion in Central Floridians, Generates $9.5 Billion for the Region

Tags:

1 items. To interact with these items, press Control-Option-Shift-Right Arrow

AdventHealth invested $1.2 billion in Central Florida in 2019, furthering its commitment to caring for the region’s most vulnerable and addressing key issues like food insecurity, mental health and overall access to care. 

The organization today released its annual Community Investment Report, which documents more than $290 million in charity care and the financial support of more than 530 nonprofits in Flagler, Lake, Orange, Osceola, Seminole, and Volusia counties. 

Additionally, AdventHealth also released findings from a recently completed financial impact study, which found the organization and its employees were responsible for 18 percent of the regional economy and added $9.5 billion of financial value to the nearly $53 billion six-county economy of Central Florida in 2018.


“Our mission extends far beyond our walls, and we’re committed to partnering with others in our community to help address Central Florida’s greatest health challenges,” said Daryl Tol, president and CEO of AdventHealth’s Central Florida Division. “From expanding mental health services to fighting food insecurity to reducing chronic diseases, we’re working to bring change and empower our neighbors to live their healthiest lives.”

Highlights of the 2019 Community Investment Report also includes:

  • $240 million in Medicaid coverage shortfalls
  • $27 million community health services to more than 530 local nonprofits
  • $16 million in cash and in-kind gifts to organizations that share AdventHealth’s goals 
  • $624 million in capital investments

To help highlight the importance of community partnerships in tackling Central Florida’s greatest health care needs, AdventHealth today donated nearly $114,000 to IMPOWER Inc. The nonprofit, which provides behavioral health and substance misuse services, will use the funds to expand its mental health telemedicine program.  Click here for the video.

"AdventHealth's generous investment will help to expand IMPOWER’s capacity to reach more individuals and families with potentially life-saving mental health and psychiatric services,” said Anna Kesic, president and CEO of IMPOWER. “We are honored by this partnership to broaden the footprint of our telehealth services and believe it will reap considerable return on investment for the health and well-being of our community." 

Click here to access the 2019 Community Investment Report or download the corresponding infographics here.

financial-impact-study-2018-for-2020.pdf

community-investment-report-infographic-2019-for-2020.pdf

 

Tags:

1 items. To interact with these items, press Control-Option-Shift-Right Arrow