Tag Archives: Adventist Health

Adventist Health to lay off 1,300+, keep wildfire-damaged hospital closed

Posted on by • Posted in Uncategorized • Tagged , , , • Leave a comment

Adventist Health finalizes layoffs at Feather River Hospital

Roseville, Calif.-based Adventist Health will not reopen its hospital in Paradise, Calif., and finalized more than 1,300 layoffs, according to the Paradise Post.

Adventist Health submitted a required Worker Adjustment and Retraining Notification letter to the state Jan. 8 explaining that more than 1,300 full- and part-time employees would be affected by the closure of Adventist Health Feather River.

The health system conducted a town hall meeting for employees in December 2018 and sent an email to employees about the hospital’s closure.

Adventist Health previously told the San Francisco Chronicle the hospital was severely damaged by the Camp Fire, the largest wildfire in U.S. history that burned at least 153,336 acres and destroyed at least 19,000 buildings, according to USA Today.

Officials told the Chronicle the hospital would not be restored until maybe 2020, but that all employees would receive their full salaries through Feb. 5 and full health benefits until May, according to the Paradise Post.

Officials said employees are encouraged to take advantage of services offered by the health system to assist in the employment search.

To access the full report, click here.

 

 

FROM NOW ON, IT’S ADVENTHEALTH

Posted on by • Posted in Uncategorized • Tagged , , , , , • Leave a comment

https://www.healthleadersmedia.com/strategy/now-its-adventhealth

Related image

The name change brings together 30 brands under one banner, with an emphasis on patient-centered care and easy access to healthcare resources.

KEY TAKEAWAYS

Starting today, nearly 50 hospitals and 1,200 care venues will fall under the AdventHealth brand.

The name-change is part of a system-wide effort to become more consumer-centric, with an emphasis on patient convenience and ease of access.

AdventHealth brand launch accompanied by “feel whole” ad campaign.

Adventist Health System on Wednesday changed its name to AdventHealth.

The Altamonte Springs, Florida-based health system announced the name change in August, and said its nearly 50 hospitals and more than 1,200 care venues in 10 states adopt the AdventHealth name and logo beginning Jan. 2.

The name change is part of a system-wide brand transformation to become what AdventHealth called “a more consumer-centric, connected and identifiable national system of care, enabling consumers to easily distinguish locations and services across its vast care network, which serves more than 5 million patients annually.”

“This is a historic day for our organization, and I can’t be more excited about the direction we are heading,” Terry Shaw, president/CEO for AdventHealth, said in a media release.

“Our facilities and team members are galvanized around one name, brand and mission, and in doing this, we will deliver on our promise of wholeness and make the health journey easier for consumers,” Shaw said.

In addition to the name change, AdventHealth launched a consumer-centric website with a user-friendly interface for system searches, appointment scheduling, and self-service payment options.

“Historically, we have consisted of about 30 brands,” Shaw said. “Now, united as AdventHealth under one brand promise, we are striving to provide preeminent whole-person care, focused on helping consumers seamlessly navigate from one care setting to the next and committed to never discharging anyone from our care.”

The new AdventHealth signage is being put on hospitals and other facilities, and a national advertising campaign featuring the “feel whole” message is also underway.

“OUR FACILITIES AND TEAM MEMBERS ARE GALVANIZED AROUND ONE NAME, BRAND AND MISSION, AND IN DOING THIS, WE WILL DELIVER ON OUR PROMISE OF WHOLENESS AND MAKE THE HEALTH JOURNEY EASIER FOR CONSUMERS.”

 

California city anticipates 1,200 jobs spurred by Kaiser, Adventist and Sutter expansions

Posted on by • Posted in Uncategorized • Tagged , , , , , , , • Leave a comment

https://www.beckershospitalreview.com/workforce/california-city-anticipates-1-200-jobs-spurred-by-kaiser-adventist-and-sutter-expansions.html

Image result for California city anticipates 1,200 jobs spurred by Kaiser, Adventist and Sutter expansions

 

The city of Roseville, Calif., anticipates a job boom as healthcare giants Kaiser Permanente, Adventist Health and Sutter Health expand in the area, reports The Sacramento Bee.

The area is expected to see about 1,200 more jobs over several years resulting from the projects.

“We are expecting a significant, 11 percent job growth over the next five years, and these expansions play into that,” Laura Matteoli, the city’s acting economic development director, told the publication.

Roseville, Calif.-based Adventist Health’s plans involve consolidation. According to the report, the system will consolidate its corporate headquarters and other buildings into one 275,000-square-foot building, projected to cost $100 million and slated to open in January. Human resources, IT and strategy departments will be housed in the building. Adventist Health also is building a clinic for its workers in Roseville, vice president of talent strategy Doris Tetz Carpenter told The Sacramento Bee.

Oakland, Calif.-based Kaiser Permanente’s plans in Roseville involve replacing its 90,000-square-foot Riverside Medical Offices with one 210,000-square-foot building that will offer outpatient services, spokesperson Edwin Garcia said.

At Sacramento, Calif.-based Sutter Health, hospital officials are expanding the system’s Roseville hospital’s emergency and intensive care unit, the report states. The 97,000-square-foot building addition is slated for completion in 2020.

 

 

Adventist Health’s net income nears $230M in FY17

Posted on by • Posted in Uncategorized • Tagged , , , , , , , • Leave a comment

https://www.healthcaredive.com/news/adventist-healths-net-income-nears-230m-in-fy17/522093/

Dive Brief:

  • Adventist Health’s net income grew 366% to $229.8 million in fiscal year 2017, up from $169.1 million in 2016.
  • Operating income was $203.9 million for the year ended Dec. 31, an 11.6% increase from $812.8 million the previous year, according to recent released financial documents.
  • The 90-hospital, Roseville, CA-based nonprofit health system reported $4.1 billion in revenue, a 5.8% gain over 2016’s $3.9 billion.

Dive Insight:

Adventist’s rosy performance gain reflects at least a short-term upward trend in financials as nonprofits show some signs of bouncing back from several years of rough currents fueled by shrinking volumes and reimbursement cuts. Geisinger Health System saw net income jump nearly $200 million to $324.9 million in the first half of fiscal year 2018, compared with the prior year, providing an excess margin of 9%.

Mayo Clinic reported $707 million in operating income and $12 billion in revenue for 2017, an increase of more than $225 million and $1 billion, respectively, from the previous year. Meanwhile, UPMC’s net income rose to $1.3 billion last year, spurred by strong operating and investing results and integration of UPMC Pinnacle into UPMC operations. Operating revenue and operating income also increased.

Adventist is looking to expand its brand footprint. Earlier this month, the system inked a deal to acquire Florida-based 421-bed Munroe Regional Medical Center from Community Health Systems. It has also broadened its reach in northern California through an affiliation agreement with Fremont-Rideout Health Group, which become effective at the first of this month.

Net patient service revenue at Adventist was $3.8 billion, up from $3.6 billion a year earlier. Total expenses rose to $3.9 billion, versus $3.7 billion in 2016. Of that, $1.9 billion was for employee compensation. The system recorded total cash and investments of $1.9 billion for last year.

Occupancy of licensed beds stayed mostly flat at 55.6% across the system. Average length of stay was down slightly and outpatient revenues as a percentage of gross patient revenue was down to 44.7% from 45.1% in 2016.

 

Adventist Health, St. Joseph Health sign definitive agreement for Northern California joint venture

Posted on by • Posted in Uncategorized • Tagged , , , , , , • Leave a comment

http://www.healthcarefinancenews.com/news/adventist-health-st-joseph-health-sign-definitive-agreement-northern-california-joint-venture?mkt_tok=eyJpIjoiT1RrME5HWmxNV0kyTkRZeCIsInQiOiJzQ2N6dzlKclF2QmpZaGZraHhUYWRwZThOSit4NjFJZ003dUtnU3NKem9WSkN0QXZUdVJVcUFIRWhMRHJZQ2I3a0N6YWNiR1pLVVFTdzdcL0hvSFl3WVR5ZVpJRWFhSUM1Y3Jyd0FRZVk0YXdOYjF3bXRWUXFXMkN1VlwvMkRMTGNpIn0%3D

 

Details are still being worked out about physical locations or shared access to care services and they hope to finalize the arrangement this year.

Adventist Health and St. Joseph Health will partner on a new joint operating company that will integrate clinical activities and services across clinics and facilities in Northern California.

The joint operation will include a new president and CEO, and a few other positions still to be determined. A governing board of consisting of 5 appointees from each system will also be formed. Adventist and St. Joseph facilities would keep their existing hospital names, licenses, capital assets and employees.

“By establishing a network that combines the parties’ footprints in this six county area, we intend to increase patients’ access to care,” said Kevin Klockenga, President & CEO, St. Joseph Health Northern California. “We intend to improve our ability to deliver better care on a number of fronts, including developing a comprehensive care continuum strategy; collaborating on centers of excellence, health information sharing, and care management; and developing a value based provider network.”

Adventist Health President of the Northern California region Jeff Eller added that “patients will benefit from more access points, better health outcomes and controlled costs by coordinating their care across the spectrum of their health needs.”

The new operation will serve municipalities of Humboldt, Mendocino, Sonoma, Lake, Napa and Solano counties.

A definitive agreement has been signed, which covers a joint venture, not a merger. The proposed operation will be under regulatory review. Officials at Adventist Health and St. Joseph Health are working toward a closing of the proposed transaction sometime later this year.

A St. Joseph Health spokesperson said details are still being worked out and it is not clear whether services at the included facilities will expand or whether the joint venture simply means patients in both systems will have access to the other system’s facilities under the new network.

Adventist Health closes Washington hospital

Posted on by • Posted in Uncategorized • Tagged , , , , • Leave a comment

http://www.beckershospitalreview.com/finance/adventist-health-closes-washington-hospital.html

Related image

Roseville, Calif.-based Adventist Health on Monday closed Walla Walla (Wash.) General Hospital along with its affiliated home health division and medical group.

The closure comes after Adventist called off plans in June to transfer ownership of Walla Walla General to Renton, Wash.-based Providence Health & Services. Under the deal, Providence agreed to assume ownership and operation of the Walla Walla campus and disburse $14 million over 24 years into a special fund for community health that Adventist would direct.

However, Adventist said late last month the proposed transaction encountered “unexpected regulatory challenges” that could possibly block the deal. The system discontinued negotiations with Providence and announced it would close the Walla Walla campus.

Adventist said Walla Walla General has faced financial troubles for the past decade. The system invested $68 million into Walla Walla General in recent years, but that wasn’t enough to save the hospital.

“We respect the legacy of this hospital, its place in the heart of our community, and the investments we have all made to sustain it for more than a century,” Adventist said. “Unfortunately, the current volatile healthcare environment, legislative challenges, and consistent low inpatient census have created an unsustainable future for Walla Walla General Hospital.”

Adventist said many of the Walla Walla General Hospital physicians will remain local and will inform patients of their future plans.

Walla Walla General Hospital was founded in 1899 and has more than 400 employees, including a medical staff of more than 175 clinicians.