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Jul 01

New Report Highlights AdventHealth’s Statewide Economic Impact

BY AdventHealth

             

 

A first-of-its-kind report shows AdventHealth Florida contributed more than $16 billion in economic benefits to Florida in 2023, and remains a major job creator for industries across the state, including education, construction, and more. In fact, for every AdventHealth job created, one additional job is added to the Florida economy, according to Charles River Associates (CRA), the global consulting firm that published the result.

With 32 hospitals, 21 freestanding ERs and hundreds of clinics across Florida, AdventHealth not only provides world-class, whole-person care to more than 5.2 million people in Florida each year, the health care system’s economic activities are also uplifting people and communities throughout Florida.

“At the heart of our commitment to Floridians and all those who seek our care are our dedicated team members and physicians. Their daily work extends far beyond our hospital walls — from helping create more jobs in our community to empowering local businesses,” said Randy Haffner, president and CEO of AdventHealth Florida.

“Fueling Florida’s Economy, Helping Small Businesses and Nonprofits Thrive,” the CRA report, measured these contributions by collecting and analyzing economic and non-economic indicators that include AdventHealth’s investments in the following:

• Salaries, wages, and benefits for more than 56,500 Florida physicians and team members.
• Products and services purchased.
• Health care infrastructure and workforce development.
• Community benefit programs.
• Unreimbursed charity care and Medicaid contributions.

CRA’s analysis found AdventHealth generated several economic benefits to Florida in 2023, including the following:

• 113,000-plus direct and indirect jobs.
• 56,500-plus direct jobs representing AdventHealth’s dedicated clinicians and team members.
• More than $3 billion invested in Florida on products and services to serve the state’s growing population and its health care needs – • $93 million spent directly with local small businesses, and $200 million in capital investments to expand and improve AdventHealth facilities’ delivery of uncommonly compassionate care.

CRA’s analysis also found AdventHealth generated the following in Florida:

• $759 million dedicated to unreimbursed charity care and Medicaid care, ensuring vulnerable patients maintain access to essential health care while reducing financial barriers.
• $15.5 million provided to Florida academic institutions through endowment donations and scholarships supporting nursing students, and to support the addition of 29,000 future health care jobs in Florida.

“AdventHealth doesn’t just show up — they stand up. They understand that health is about more than medicine. For years, they’ve been at the table with us, helping to solve some of our community’s toughest challenges,” said Carrie Baird, Flagler Cares CEO. “Whether it’s mental health, substance use, food insecurity, or early childhood care, their partnership goes beyond funding. The impact they’ve made in Flagler County isn’t just measured in dollars; it’s seen in the lives changed. We’re stronger because they’re in this with us.”

Mary Mayhew, president and CEO of the Florida Hospital Association, said the report solidifies AdventHealth’s role as an indispensable community partner dedicated to helping all communities feel whole.

To learn more about the results of this economic study and AdventHealth’s ongoing commitment to the future of Florida’s health, visit AdventHealth.com/News/AdventHealths-Impact-Florida.

 

AdventHealth | June 2025

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