|mil $s||mil $s|
|Memorial Sloan-Kettering Cancer Center||New York||NY||Jun 14||5,341||Dec 08||3,224||66%|
|New York and Presbyterian Hospital||New York||NY||Jun 14||4,961||Dec 08||2,333||113%|
|North Shore Long Island Jewish Health||Great Neck||NY||Jun 14||3,143||Dec 08||614||412%|
|Mount Sinai Hospital||New York||NY||Jun 14||1,247||Dec 08||477||161%|
|NYU Hospitals Center||New York||NY||May 14||1,196||Aug 09||401||198%|
|Icahn School Medicine Mount Sinai||New York||NY||Dec 13||1,129||Dec 08||765||48%|
|Catholic Health Services Long Island||Rockville Centre||NY||Jun 14||1,050||Dec 08||561||87%|
|Montefiore Medical Center||New York||NY||Jun 14||953||Dec 08||320||198%|
|St. Peters Health Partners||Albany||NY||Jun 13||776||Dec 08||158||391%|
|Hospital for Special Surgery||New York||NY||Jun 14||671||Dec 08||269||149%|
|Albany Medical Center||Albany||NY||Dec 13||466||Dec 08||113||312%|
|Total all 11||20,933||9,235||127%|
As you can see from the above chart, the Total Net Assets (Financial Strength) of these 11 New York Non-Profit Hospital Organizations increased by a spectacular 127% to $20.933 bil so far during the Obama Administration.
Eight of the 11 had their Total Net Assets more than double during the Obama Administration so far.
The lowest percentage increase of the 11 was a robust 48%.
Very positively impacting this massive increase in the Net Assets (Financial Strength) of these 11 New York 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 huge increase in Net Assets (Financial Strength) of these 11 New York 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 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 spectacular Net Asset percentage increases of these 11 New York Hospitals, a key beneficiary of this has been and will continue to be New York citizens electing to buy health insurance on the Health Insurance Exchange. This exceptional Net Asset growth gives these New York 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.