From a review of the Electronic Municipal Market Access (EMMA), I found
only one Non-Profit Hospital Organization headquartered in the State of
Hawaii with Net Assets at the most recent date reported of more than
$400 mil.
Queens Health System's Net Assets have gone from $548 mil on June 30, 2009 to $993 mil at March 31, 2013, an increase of 81%. Now that's what I call substantially increased Financial Strength during the Obama Administration.
Queens Health System generated Total
Bottom Line Profits (Excess of Revenues over Expenses) of $484 mil in
the most recent four years through June 2013, which was a very high
14.4% of its Total Revenues over the same time period. This 14.4%
Bottom Line Profit Margin is much higher than the 9.6% Combined
Bottom Line Profit Margin of the 30 prestigious Dow Industrial
companies.
