Thus when the Obama Administration and the US Fed took actions to fix the devastating consequences from the 2008 Financial Meltdown, the finances of the Non-Profit Hospital Organizations were restored.
So just how huge of an earnings recovery was this?
Well, just for the 60 Non-Profit Hospital Organizations with Total Operating Revenues above $2.5 bil in their most recent fiscal year audited results disclosed in EMMA, for the fiscal years ending from December 2008 through September 2009, these 60 largest Non-Profit Hospital Organization generated Audited Total Bottom Line Losses in that fiscal year of $11.848 bil.
On the other hand, in the most recent fiscal year, the Total Audited Bottom Line Earnings of these same 60 largest Non-Profit Hospital Organizations were $29.443 bil.
Thus there was a Total Audited Annual Earnings Improvement for these 60 largest Non-Profit Hospital Organizations of a massive $41.291 bil.
This is the major reason the Non-Profit Hospital Organizations are very thankful of the Obama Administration and the US Fed. Absent these highly successful actions by both the Obama Administration and the US Fed, US Health Care Costs would have been substantially higher and many of these hospitals would have gone under.
Below here are these 60 largest Non-Profit Hospital Organizations along with their related Audited Earnings and Losses and the resultant Earnings Improvement.
| FYE | |||||||
| Dec 08 | |||||||
| FYE | Through | ||||||
| 2013 | Sep 09 | Annual | |||||
| Bottom | Bottom | Bottom | |||||
| Line | Line | Line | |||||
| Most | FYE | Net | Net | Profit | |||
| Recent | 2013 | Income | Income | Improvement | |||
| Fiscal | Total | Under | (Loss) | Under | |||
| City | Year | Operating | Obama | Under | Obama | ||
| US Big Non-Profit Hospitals | HQs | State | End | Revenues | and ACA | Bush 2 | and ACA |
| mil $s | mil $s | mil $s | mil $s | ||||
| Kaiser Permanente | Oakland | CA | Dec 13 | 53,084 | 2,804 | (794) | 3,598 |
| Ascension Health | Edmundson | MO | Jun 14 | 20,150 | 2,056 | (717) | 2,773 |
| Catholic Health Initiatives | Inverness | CO | Jun 14 | 13,889 | 634 | (467) | 1,101 |
| CHE Trinity | Livonia | MI | Jun 14 | 13,586 | 951 | (489) | 1,440 |
| UPMC | Pittsburgh | PA | Jun 14 | 11,416 | 568 | 184 | 384 |
| Providence Health | Renton | WA | Dec 13 | 11,137 | 253 | (157) | 410 |
| Dignity Health | San Francisco | CA | Jun 14 | 10,677 | 913 | (126) | 1,039 |
| Partners Healthcare System | Boston | MA | Sep 13 | 10,346 | 600 | 46 | 554 |
| Sutter Health | Sacramento | CA | Dec 13 | 9,649 | 358 | 319 | 39 |
| Mayo Clinic | Rochester | MN | Dec 13 | 9,421 | 1,185 | (1,235) | 2,420 |
| Adventist Health System | Altamonte Springs | FL | Dec 13 | 7,598 | 578 | 233 | 345 |
| North Shore Long Island Jewish Health | Great Neck | NY | Dec 13 | 7,002 | 252 | (120) | 372 |
| Cleveland Clinic Health System | Cleveland | OH | Dec 13 | 6,450 | 900 | (416) | 1,316 |
| St Joseph Health System | Orange | CA | Jun 14 | 5,632 | 309 | (125) | 434 |
| Indiana University Health | Indianapolis | IN | Dec 13 | 5,247 | 541 | (590) | 1,131 |
| HealthPartners | Bloomington | MN | Dec 13 | 5,223 | 252 | 65 | 187 |
| Johns Hopkins Health System | Baltimore | MD | Jun 14 | 5,126 | 357 | 38 | 319 |
| Banner Health | Phoenix | AZ | Dec 13 | 5,085 | 833 | (767) | 1,600 |
| Advocate HealthCare Network | Oak Brook | IL | Dec 13 | 4,938 | 765 | (472) | 1,237 |
| MedStar Health | Columbia | MD | Jun 14 | 4,628 | 305 | (55) | 360 |
| Henry Ford Health System | Detroit | MI | Dec 13 | 4,560 | 14 | 8 | 6 |
| Mercy Health | Chesterfield | MO | Jun 14 | 4,439 | 136 | (100) | 236 |
| Sentara HealthCare | Norfolk | VA | Dec 13 | 4,299 | 612 | (158) | 770 |
| New York and Presbyterian Hospital | New York | NY | Dec 13 | 4,265 | 356 | 12 | 344 |
| IHC Health Services | Salt Lake City | UT | Dec 13 | 4,252 | 712 | (236) | 948 |
| Aurora Health Care | Milwaukee | WI | Dec 13 | 4,249 | 195 | 34 | 161 |
| Baylor Health System | Dallas | TX | Jun 13 | 4,124 | 489 | 86 | 403 |
| Spectrum Health System | Grand Rapids | MI | Jun 14 | 4,108 | 342 | (51) | 393 |
| Geisinger Health System | Danville | PA | Jun 14 | 3,978 | 429 | (51) | 480 |
| Catholic Health Partners | Cincinnati | OH | Dec 13 | 3,956 | 365 | (548) | 913 |
| University Penn Health System | Philadelphia | PA | Jun 14 | 3,939 | 439 | 57 | 382 |
| Memorial Hermann Healthcare System | Houston | TX | Jun 14 | 3,938 | 355 | (19) | 374 |
| BJC Healthcare | St Louis | MO | Dec 13 | 3,908 | 491 | (691) | 1,182 |
| Texas Health Resources | Arlington | TX | Dec 13 | 3,846 | 768 | (402) | 1,170 |
| SSM Health Care | St Louis | MO | Dec 13 | 3,815 | 127 | (429) | 556 |
| Novant Health | Winston-Salem | NC | Dec 13 | 3,593 | 273 | (270) | 543 |
| Christus Health | Irving | TX | Jun 14 | 3,552 | 143 | (266) | 409 |
| Bon Secours Health System | Baltimore | MD | Aug 14 | 3,462 | 175 | (125) | 300 |
| Allina Health System | Minneapolis | MN | Dec 13 | 3,421 | 326 | (120) | 446 |
| Carolinas Health Care System | Charlotte | NC | Dec 13 | 3,412 | 181 | (345) | 526 |
| Fairview Health Services | Minneapolis | MN | Dec 13 | 3,370 | 249 | (114) | 363 |
| Montefiore Medical Center | New York | NY | Dec 13 | 3,346 | 182 | (84) | 266 |
| Sanford Health | Sioux Falls | SD | Jun 14 | 3,290 | 118 | (30) | 148 |
| Catholic Health East | Newtown Square | PA | Dec 13 | 3,269 | 194 | (542) | 736 |
| Adventist Health West | Roseville | CA | Dec 13 | 3,052 | 55 | 31 | 24 |
| Jefferson Health System | Radnor | PA | Jun 13 | 3,047 | 304 | 59 | 245 |
| University Maryland Medical System | Baltimore | MD | Jun 14 | 3,027 | 226 | (55) | 281 |
| Memorial Sloan-Kettering Cancer Center | New York | NY | Dec 13 | 3,025 | 503 | (567) | 1,070 |
| Cedars-Sinai Medical Center | West Hollywood | CA | Jun 13 | 2,884 | 445 | 75 | 370 |
| UnityPoint Health | Des Moines | IA | Dec 13 | 2,841 | 262 | (45) | 307 |
| Sharp HealthCare | San Diego | CA | Sep 13 | 2,830 | 306 | 69 | 237 |
| OhioHealth | Columbus | OH | Jun 14 | 2,768 | 675 | (165) | 840 |
| Stanford Hospital & Clinics | Stanford | CA | Aug 13 | 2,714 | 472 | (96) | 568 |
| The Methodist Hospital System | Houston | TX | Dec 13 | 2,616 | 684 | (232) | 916 |
| Franciscan Alliance | Mishawaka | IN | Dec 13 | 2,609 | 245 | (361) | 606 |
| Scripps Health | San Diego | CA | Sep 13 | 2,609 | 372 | 126 | 246 |
| Duke University Health System | Durham | NC | Jun 14 | 2,600 | 483 | 173 | 310 |
| BayCare Health System | Clearwater | FL | Dec 13 | 2,568 | 632 | (327) | 959 |
| Inova Health System | Falls Church | VA | Dec 13 | 2,539 | 518 | (189) | 707 |
| Barnabas Health | West Orange | NJ | Dec 13 | 2,536 | 176 | (315) | 491 |
| Total all 60 | 356,940 | 29,443 | (11,848) | 41,291 |
