News Headlines Article

Adventist discloses at least $38 million in destroyed, non-operable assets in Paradise
Sacramento Business Journal

Adventist Health reported at least $38 million in destroyed and non-operable property at its hospital in Paradise, in an annual financial disclosure by the Roseville-based health system.

Adventist’s Feather River hospital was one of 18,700 structures that were destroyed by the Camp Fire last November. The 100-bed hospital previously accounted for about 5.6 percent of Adventist’s total revenues, according to its 2017 financials. 

A report to bondholders, released Monday, discloses new details about the Paradise hospital.