Indiana Largest Non-Profit Hospital Organizations Net Assets (Financial Strength) Up 146% Since Financial Meltdown 2008-2009 Year Ends

From a thorough review of the excellent Electronic Municipal Market Access (EMMA), I found 9 Non-Profit Hospital Organizations headquartered in the State of Indiana with Net Assets (i.e. Financial Strength or Total Assets minus Total Liabilities) at the most recent date reported of more than $400 mil and also with Total Operating Revenues in the most recent year of more than $500 mil.

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:

							Net	Net
							Assets	Assets
						FYE	FYE	%
						Balance	Balance	Increase
				Most		Sheet	Sheet	Since
			Most	Recent		Date	Date	FYE
			Recent	Balance		Including	Including	Including
			Balance	Sheet		US	US	US
	City	State	Sheet	Net		Financial	Financial	Financial
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%