|mil $s||mil $s|
|Sibley Memorial Hospital||Washington DC||DC||Jun 13||846||Dec 08||513||65%|
|Children's National Medical Center||Washington DC||DC||Mar 13||789||Jun 09||439||80%|
|Total of both||1,635||952||72%|
As you can see from the above chart, the Total Net Assets of these two Washington DC Non-Profit Hospital Organizations increased by a very robust 72% during the Obama Administration.
Very positively impacting this major increase in the Net Assets (Financial Strength) of these hospitals were actions taken by both the Obama Administration and the US Fed to strengthen the US Financial Foundation which was severely damaged from the financial meltdown in late 2008.
In addition, the Affordable Care Act (ACA) has also played a key role in this increase in Net Assets (Financial Strength) of these Non-Profit Hospital Organizations.
A remarkable thing is that these robust increases in Net Assets of these Non-Profit Hospital Organizations occurred when these Non-Profit Hospitals were also able to substantially bend down the Total US Health Care Cost Curve in each of the most recent three years.
With future Non-Profit Hospital Organizations' Hospital Operating Income being bolstered by both many of the Uninsured getting insurance and by the many of the Underinsured getting much better insurance, both under the ACA, future Net Asset growth of these Non-Profit Hospital Organizations should be even substantially more robust, especially for States choosing to expand Medicaid.