The not-for-profit health system devoted $539.73 million to community benefits in Central Florida including charity care, community health services, education and research.
ORLANDO — AdventHealth today released its annual Community Investment Report, detailing $1.31 billion in spending to address the health care needs of Central Floridians.
“As a not-for-profit health system, we invest our resources back into providing vital services to our communities,” said Randy Haffner, President & CEO of AdventHealth’s Central Florida Division. “It’s a core part of how we carry out our mission to extend the healing ministry of Christ outside the walls of our hospitals.”
The report covers AdventHealth’s 2021 investment in Flagler, Volusia, Lake, Orange, Osceola, Seminole and Polk counties in areas such as charity care, health research and education, and support of local nonprofits that are working to address pressing health challenges such as access to health care, mental health, food insecurity and health disparities.
The funding breakdown is as follows:
- $109.96 million in charity care (financial assistance provided to uninsured and under-insured patients who are unable to pay)
- $318.07 million in coverage shortfalls (unpaid costs to see patients enrolled in Medicaid or other government assistance programs)
- $33.36 million in funding for community health services (clinics and programs funded to support the health of vulnerable neighbors)
- $60.47 million in health professional education and research (training future health professionals, expanding the scope of current practitioners and investing in research)
- $21.30 million in cash & in-kind contributions (through financial support, in-kind contributions and board service)
- $570.13 in capital investments (expenditures to expand access and improve quality of care)
- $10.58 million for faith-based care (funding to meet the spiritual needs of community members)
The COVID-19 pandemic placed additional strain on many Central Floridians, making investing in services for the uninsured and underinsured more important than ever.
“We’ve seen increases in demand for a whole range of services, most notably mental health care,” said Haffner. “We are honored to support our nonprofit partners as they provide much-needed support to our neighbors in need.”