|mil $s||mil $s|
|Cleveland Clinic Health System||Cleveland||OH||Jun 14||6,592||Dec 08||2,715||143%|
|OhioHealth||Columbus||OH||Mar 14||3,213||Jun 09||1,259||155%|
|Catholic Health Partners||Cincinnati||OH||Jun 14||3,210||Dec 08||1,614||99%|
|Cincinnati Children's Hospital Medical Ctr||Cincinnati||OH||Mar 14||2,234||Jun 09||1,140||96%|
|Nationwide Children's Hospital||Columbus||OH||Jun 14||1,923||Dec 08||761||153%|
|University Hospitals Health System||Cleveland||OH||Jun 14||1,885||Dec 08||1,078||75%|
|Premier Health Partners||Dayton||OH||Jun 14||1,741||Dec 08||1,111||57%|
|ProMedica Health Care||Toledo||OH||Jun 14||1,668||Dec 08||1,042||60%|
|Mount Carmel Health||Columbus||OH||Jun 13||1,238||Jun 09||850||46%|
|Summa Health System||Akron||OH||Jun 14||963||Dec 08||407||137%|
|Ohio State Univ Wexner Med Ctr||Columbus||OH||Jun 13||924||Jun 09||555||66%|
|Kettering Health Network||Dayton||OH||Jun 14||868||Dec 08||340||155%|
|UC Health (Cincinnati)||Cincinnati||OH||Jun 14||707||Jun 09||415||70%|
|Children's Hospital Med Center Akron||Akron||OH||Jun 14||613||Dec 08||247||148%|
|Christ Hospital Health Network||Cincinnati||OH||Jun 14||488||Jun 09||317||54%|
|Total all 15||28,267||13,851||104%|
As you can see from the above chart, the Total Net Assets (Financial Strength) of these 15 Ohio Non-Profit Hospital Organizations increased by a spectacular 104% to $28.267 bil so far during the Obama Administration.
The lowest percentage increase of the 15 was a robust 46%.
In just the past 12 months, this Total Net Asset increase grew substantially from 65% to 104%. The main driver here was Cleveland Clinic's giant $1.2 bil increase in Net Assets from $5.392 bil at June 30, 2013 to $6.592 bil at June 30, 2014.
Very positively impacting this massive increase in the Net Assets (Financial Strength) of these 15 Ohio 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 15 Ohio 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 15 Ohio Hospitals, a key beneficiary of this has been and will continue to be Ohio citizens electing to buy health insurance on the Health Insurance Exchange. This exceptional Net Asset growth gives these Ohio 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.