Arizona Non-Profit Hospital Net Assets (Financial Strength) Up 147% Since 2008 Financial Meltdown ..... The Main Reason Health Insurance Premiums Are Now So Reasonable on Health Insurance Exchange

From a review of the Electronic Municipal Market Access (EMMA), I found 3 Non-Profit Hospital Organizations all headquartered in the State of Arizona with Net Assets (i.e. Financial Strength or Total Assets minus Total Liabilities) at the most recent date reported of more than $400 mil each.

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:

							Net	Net
							Assets	Assets
						FYE	FYE	%
						Balance	Balance	Increase
						Sheet	Sheet	Since
				Most		Date	Date	FYE
			Most	Recent		Including	Including	Including
			Recent	Balance		2008-09	2008-09	2008-09
			Balance	Sheet		US	US	US
	City	State	Sheet	Net		Financial	Financial	Financial
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.