Seven of these 9 Indiana Non-Profit Hospital Organizations disclosed their September 30, 2014 Net Assets amount. These 7 had Total Net Assets (Financial Strength) of $12.118 bil at September 30, 2014, which was a spectacular 146% increase above such Total Net Assets amount of $4.917 bil in the 2008 or 2009 Fiscal Year Ends which included the late 2008 US Financial Meltdown, thus roughly six years ago.
The most recent Net Assets amounts disclosed by both Indianapolis-headquartered St. Vincent Health and Evansville-based St. Mary's Health, both part of the giant Ascension Health, was on June 30, 2013, nearly one and a half years ago.
To say that these 7 Largest Indiana Non-Profit Hospital Organizations are substantially stronger now financially than they were six years ago would be an understatement. A more accurate description is that they are now monumentally stronger financially.
Below here are the Net Assets of these 9 Indiana Non-Profit Hospital Organizations at both the most recent reported date and also at the end of the Fiscal Year which included the late 2008 US Financial Meltdown:
|Non-Profit Hospital Organization||HQs||HQs||Date||Assets||Meltdown||Meltdown||Meltdown|
|mil $s||mil $s|
|With 2014 Financial Statements|
|Indiana University Health||Indianapolis||IN||Sep 14||4,662||Dec 08||1,434||225%|
|Franciscan Alliance||Mishawaka||IN||Sep 14||2,703||Dec 08||1,463||85%|
|Parkview Health System||Fort Wayne||IN||Sep 14||1,231||Dec 08||543||127%|
|Community Health Network||Indianapolis||IN||Sep 14||1,173||Dec 08||482||143%|
|Beacon Health System||South Bend||IN||Sep 14||1,125||Dec 08||341||230%|
|Deaconess Health System||Evansville||IN||Sep 14||666||Sep 09||365||82%|
|Community Foundation NW Indiana||Munster||IN||Sep 14||558||Jun 09||289||93%|
|Total all 7||12,118||4,917||146%|
|No 2014 Financial Statements|
|St Vincent Health||Indianapolis||IN||Jun 13||3,040||Jun 09||1,561||95%|
|St Mary's Health||Evansville||IN||Jun 13||512||Jun 09||292||75%|