Georgia Non-Profit Hospital Net Assets (Financial Strength) Up 80% Since 2008 Financial Meltdown ..... The Main Reason Health Insurance Premiums Are Now Reasonable on Health Insurance Exchange

From a review of the Electronic Municipal Market Access (EMMA), I found 11 Non-Profit Hospital Organizations all headquartered in the State of Georgia 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 11 Georgia 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
Children's HealthCare Atlanta	Atlanta	GA	Sep 14	3,453		Dec 08	1,482	133%
Wellstar Health System	Marietta	GA	Dec 14	1,306		Jun 09	715	83%
Navicent Health	Macon	GA	Dec 14	1,134		Sep 09	789	44%
Piedmont Healthcare	Atlanta	GA	Sep 14	1,131		Jun 09	608	86%
Emory Healthcare	Atlanta	GA	Aug 14	788		Aug 09	570	38%
Phoebe Putney Health System	Albany	GA	Oct 14	692		Jul 09	481	44%
Northeast Georgia Health System	Gainesville	GA	Sep 14	692		Sep 09	307	125%
University Health (Richmond County)	Augusta	GA	Sep 14	607		Dec 08	317	91%
Archbold Medical Center	Thomasville	GA	Dec 14	504		Sep 09	364	38%
Gwinnett Hospital System	Duluth	GA	Sep 14	485		Jun 09	327	48%
Hamilton Health Care System	Dalton	GA	Sep 14	464		Sep 09	289	61%
Total all 11				11,256			6,249	80%

As you can see from the above chart, the Total Net Assets (Financial Strength) of these 11 largest Georgia Hospital Organizations totaled $11,256 mil at the most recently reported date, up a robust 80% from such Total Net Asset amounts of $6,249 mil at their fiscal year ends which included the 2008-09 US Financial Meltdown.

With such a robust Georgia Hospital Net Asset percentage increase, a key beneficiary of this will be Georgia 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 Georgia 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.