Healthcare System Overview

AdventHealth: Community-Centric Healthcare with Global Impact and Provider Mission Engagement

AdventHealth Hendersonville, formerly Park Ridge Health, is a faith-based, nonprofit acute care hospital serving western North Carolina and portions of upstate South Carolina. Founded in 1910, the hospital has operated for more than a century as the community's most trusted healthcare destination, consistently outperforming competing facilities on patient satisfaction and care quality metrics. Its reputation is one of its most tangible competitive assets: patients routinely travel significant distances to receive care here rather than use geographically closer alternatives.

The hospital is part of AdventHealth, a 50+ hospital nonprofit system rooted in Adventist Health System. System-level resources provide capital access, technology investment, and best-practice infrastructure while the local campus retains a community-centered culture and physician-friendly operating environment.

Facility Snapshot

Detail Value
Formerly Known As Park Ridge Health
Ownership Voluntary Nonprofit, Church-affiliated
Hospital Type Short-Term Acute Care
Year Founded 1910
Licensed Beds 103
Staffed Beds 88
Employees ~1,170
Address 100 Hospital Drive, Hendersonville, NC 28792
Metro Classification Urban (Asheville CBSA)
Cancer Center Yes
Teaching Status Teaching hospital with residency programs and medical school affiliations
Accreditation The Joint Commission
Parent Network AdventHealth (Adventist Health System)
NPI 1437375007

Clinical Performance

Metric Value
Annual Discharges 4,779
ER Visits (Est.) 28,333
Average Length of Stay 4.08 days
Bed Utilization Rate ~50%
Total Acute Days 22,279
Case Mix Index 1.09
CMS Star Rating 4 of 5 stars
Readmission Rate (All Cause) 14.2%
Serious Complication Rate 1.02
Readmission Reduction Penalty Score 0.00% (99th percentile)

The hospital's zero-percent readmission penalty score places it in the top 1% nationally on that measure. The hospitalist program has ranked as high as 2nd in the national AdventHealth system in monthly quality scoring across mortality, length of stay, and other clinical metrics.

Financial Overview

Metric Value
Net Patient Revenue ~$280.2M
Cash on Hand ~$176.7M
Total Assets ~$303.3M
Total Operating Expenses ~$280.3M
Net Operating Profit Margin ~0.25%
Current Ratio 4.6 (86th percentile)
Days Sales Outstanding 45.8 days

Payor Mix

Payor % of Revenue
Medicare ~11.6%
Medicaid ~0.1%
Private / Self-Pay / Other ~85.1%

The payor mix is heavily weighted toward private insurance and self-pay, reflecting the area's demographic profile: a growing retirement and relocation population with above-average incomes and strong commercial coverage. This mix supports favorable reimbursement conditions for a non-invasive cardiology practice.

Service Lines and Capabilities

AdventHealth Hendersonville offers more than 30 specialty and subspecialty service lines, including:

  • Cardiology (non-invasive; interventional cath lab in development)
  • Oncology (full accreditation through the National Accreditation Program for Breast Centers)
  • Orthopedics and Spine (first in region to receive The Joint Commission's Gold Seal of Approval for five orthopedic specialties)
  • Pulmonology and Sleep Medicine
  • Behavioral Health (inpatient and intensive outpatient, including child and adolescent unit)
  • OB/GYN and Maternity
  • Urology
  • Neurology
  • Wound Care and Hyperbaric Medicine (UHMS-accredited)
  • Emergency Medicine (staffed by Wake Forest Baptist Medical Center partnership)
  • ICU (tele-ICU support through Duke Health)
  • Neonatal Unit (recently approved for expansion)
  • Ambulatory Surgery Center (new orthopedic facility opening late 2024 / early 2025)

Mission and Values

AdventHealth's mission is to extend the healing ministry of Christ. Its vision centers on whole-person care that attends to body, mind, and spirit. The nonprofit structure means all operating margin is reinvested in services, facilities, and community programs rather than returned to shareholders. Physicians consistently cite the mission alignment and collaborative culture as primary reasons for choosing and staying with AdventHealth Hendersonville.

The hospital participates in annual global mission work, including emergency deployments during humanitarian crises. Employees are offered one week per year for international mission service, an unusual benefit that resonates strongly within the faith-oriented staff culture.

Growth and Capital Investment

AdventHealth Hendersonville is in an active expansion phase:

  • Cath Lab: Construction is underway (groundbreaking late 2024 / early 2025) for a one-bay interventional cardiology and IR lab, establishing AdventHealth Hendersonville as the only full-service cardiac intervention center between Pardee Hospital and Mission Hospital in the region
  • Orthopedic Surgery Center: A new ambulatory surgery facility with six ORs is opening late 2024, bringing a 14-physician orthopedic group back to AdventHealth after a seven-year absence
  • North Asheville Campus: AdventHealth has received approval for a new 67-bed acute care hospital in Buncombe County, serving Buncombe, Graham, Madison, and Yancey counties, with a C-section OR and five procedure rooms; the Hendersonville campus will serve as the cardiology backstop for this new facility
  • Imaging Expansion: Second nuclear medicine camera planned for cardiology suite; advanced echo capabilities including 3D and strain imaging already in place
  • Neonatal Unit: Expansion recently approved

Leadership

Role Name
Chief Executive Officer Daniel Fryslie, MD
Chief Financial Officer Steven Burroughs
Chief Medical Officer Byron Okoin, MD
Chief Nursing Officer Maureen Duato
Chief Operations Officer Beverly Knapp
VP of Physician Services Christy Sneller, MBA
Medical Director of Cardiology Eduardo Balcells, MD, FACC, FSCAI, ABVM

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