|mil $s||mil $s|
|Providence Health||Renton||WA||Jun 14||8,121||Dec 08||3,911||108%|
|Seattle Children's Healthcare||Seattle||WA||Jun 14||2,117||Sep 09||1,195||77%|
|MultiCare Health System||Tacoma||WA||Jun 14||1,905||Dec 08||650||193%|
|PeaceHealth||Vancouver||WA||Jun 14||1,779||Jun 09||897||98%|
|Univ Washington Med Center||Seattle||WA||Jun 13||669||Jun 09||495||35%|
|Harborview Medical Center||Seattle||WA||Jun 13||622||Jun 09||662||-6%|
|Overlake Hospital Association||Bellevue||WA||Jun 14||435||Jun 09||199||119%|
|Virginia Mason Medical Center||Seattle||WA||Jun 14||422||Dec 08||195||116%|
|Total all 8||16,070||8,204||96%|
As you can see from the above chart, the Total Net Assets (Financial Strength) of these 8 Washington Non-Profit Hospital Organizations increased by a spectacular 96% to $16.070 bil so far during the Obama Administration.
Very positively impacting this major increase in the Net Assets (Financial Strength) of these 8 Washington 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 Washington 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 Washington Hospitals, a key beneficiary of this has been and will continue to be Washington citizens electing to buy health insurance on the Health Insurance Exchange. This exceptional Net Asset growth gives these Washington 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.