|mil $s||mil $s|
|Inova Health System||Falls Church||VA||Jun 14||4,390||Dec 08||1,885||133%|
|Sentara HealthCare||Norfolk||VA||Jun 14||3,912||Dec 08||1,489||163%|
|Virginia Commonwealth Univ Health||Richmond||VA||Jun 14||1,632||Jun 09||756||116%|
|Virginia Hospital Center Arlington||Arlington||VA||Jun 14||769||Dec 08||351||119%|
|Valley Health System||Winchester||VA||Jun 14||759||Dec 08||434||75%|
|Carilion Clinic||Roanoke||VA||Jun 14||728||Sep 09||357||104%|
|Centra Health||Lynchburg||VA||Jun 14||549||Dec 08||233||136%|
|Augusta Health Care||Augusta County||VA||Jun 14||448||Dec 08||229||96%|
|Total all 8||13,187||5,734||130%|
As you can see from the above chart, the Total Net Assets (Financial Strength) of these 8 Virginia Non-Profit Hospital Organizations increased by a phenomenal 130% to $13.187 bil so far during the Obama Administration.
An incredibly high 6 of these 8 Virginia Hospitals had their Net Asset growth more than double so far during the Obama Administration.
The lowest Net Asset growth over the Obama Administration of the 8 Virginia Hospitals was a very strong 75%.
Very positively impacting this major increase in the Net Assets (Financial Strength) of these 8 Virginia 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 8 Virginia Non-Profit Hospital Organizations.
A remarkable thing is that these 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 substantial Net Asset percentage increases of these 8 Virginia Hospitals, a key beneficiary of this has been and will continue to be Virginia citizens electing to buy health insurance on the Health Insurance Exchange. This exceptional Net Asset growth gives these Virginia 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.