|mil $s||mil $s|
|Mayo Clinic||Rochester||MN||Mar 14||7,799||Dec 08||2,326||235%|
|HealthPartners||Bloomington||MN||Dec 13||2,206||Dec 08||503||339%|
|Allina Health System||Minneapolis||MN||Dec 13||2,011||Dec 08||804||150%|
|Fairview Health Services||Minneapolis||MN||Mar 14||1,575||Dec 08||732||115%|
|Essentia Health||Minneapolis||MN||Dec 13||888||Jun 09||519||71%|
|Centracare Health System||St Cloud||MN||Dec 13||787||Jun 09||381||107%|
|Children's Hospitals and Clinics||Minneapolis||MN||Dec 13||664||Dec 08||370||79%|
|Park Nicollet Health Services||St Louis Park||MN||Dec 13||604||Dec 08||299||102%|
|North Memorial Health Care||Robbinsdale||MN||Dec 13||420||Dec 08||263||60%|
|Total all 9||16,954||6,197||174%|
As you can see from the above chart, the Total Net Assets (Financial Strength) of these 9 Minnesota Non-Profit Hospital Organizations increased by a spectacularly off-the-chart 174% to a massive $16.954 bil for their average 4.94 years so far during the Obama Administration.
The clear driver of this incredible Net Asset appreciation was Mayo Clinic, whose Net Assets grew by a massive $5.5 bil or by 235% so far during the Obama Administration.
Six of the 9 more than doubled their Net Assets so far during the Obama Administration.
The lowest percentage growth of the 9 was up a very strong 60%.
Very positively impacting this incredible increase in the Net Assets (Financial Strength) of these 9 Minnesota Hospital Organizations 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 exceptional increase in Net Assets (Financial Strength) of these 9 Minnesota Non-Profit Hospital Organizations.
A remarkable thing is that these very robust increases in Net Assets (Financial Strength) of these Non-Profit Hospital Organizations occurred when these Non-Profit Hospitals, and especially the Minnesota Hospitals, were also playing very instrumental roles in the substantial annual percentage growth reduction of Total US Health Care Costs which occurred in each of the most recent three years under the ACA.
With such very impressive Net Asset percentage increases of these 9 Minnesota Hospitals, a key beneficiary of this will be Minnesota citizens electing to buy health insurance on the Health Insurance Exchange. This very strong Net Asset growth gives these Minnesota Hospitals the financial flexibility to moderate their pricing for hospital procedures in their negotiations with health insurance companies which ultimately determines what insurance premium prices are set at by health insurance companies on the Health Insurance Exchange.