|mil $s||mil $s|
|Johns Hopkins Health System||Baltimore||MD||Jun 14||3,728||Jun 09||1,273||193%|
|University Maryland Medical System||Baltimore||MD||Jun 14||1,594||Jun 09||904||76%|
|MedStar Health||Columbia||MD||Jun 14||1,489||Jun 09||647||130%|
|Bon Secours Health System||Baltimore||MD||May 14||1,282||Aug 09||703||82%|
|LifeBridge Health||Baltimore||MD||Jun 14||725||Jun 09||406||79%|
|Anne Arundel Health||Annapolis||MD||Jun 14||446||Jun 09||301||48%|
|Total all 6||9,264||4,234||119%|
As you can see from the above chart, the Total Net Assets (Financial Strength) of these 6 Maryland Non-Profit Hospital Organizations increased by a spectacular 119% to $9.264 bil so far during the Obama Administration, driven mainly by Johns Hopkins Health's massive 193% Net Asset growth.
The lowest percentage growth of the 6 was a robust 48%.
Very positively impacting this phenomenal increase in the Net Assets (Financial Strength) of these 6 Maryland 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 spectacular increase in Net Assets (Financial Strength) of these 6 Maryland 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 Maryland 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 extremely impressive Net Asset percentage increases of these 6 Maryland Hospitals, a key beneficiary of this has been and will continue to be Maryland citizens electing to buy health insurance on the Health Insurance Exchange. This very strong Net Asset growth gives these Maryland Hospitals the financial flexibility to moderate their pricing for hospital and other health care 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.