Below here are the Net Assets of these 3 Arizona 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:
|US Hospital Organization||HQs||HQs||Date||Assets||Meltdown||Meltdown||Meltdown|
|mil $s||mil $s|
|Banner Health||Phoenix||AZ||Sep 14||4,629||Dec 08||1,669||177%|
|Scottsdale Healthcare||Scottsdale||AZ||Sep 14||784||Sep 09||435||80%|
|Northern Arizona Healthcare||Flagstaff||AZ||Dec 14||657||Jun 09||354||86%|
|Total all 3||6,070||2,458||147%|
As you can see from the above chart, the Total Net Assets (Financial Strength) of these 3 largest Arizona Hospital Organizations totaled $6,070 mil, up a huge 147% from such Total Net Asset amounts of $2,458 mil at their fiscal year ends which included the 2008-09 US Financial Meltdown.
With such an impressive Arizona Hospital Net Asset percentage increase, a key beneficiary of this will be Arizona citizens who have elected or will be electing to buy health insurance on the Health Insurance Exchange. This superb Net Asset growth has given and will continue to give these Arizona Hospitals the financial flexibility to moderate their pricing for hospital and other health care 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.