Below here are the Net Assets of these 3 Kentucky 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|
|Baptist Healthcare System||Louisville||KY||Nov 14||1,697||Aug 09||1,036||64%|
|Norton Health Care||Louisville||KY||Sep 14||921||Dec 08||399||131%|
|Saint Elizabeth Medical Center||Edgewood||KY||Sep 14||878||Dec 08||265||231%|
|Total all 3||3,496||1,700||106%|
As you can see from the above chart, the Total Net Assets (Financial Strength) of these 3 largest Kentucky Hospital Organizations totaled $3,496 mil at the most recently reported date, up a very impressive 106% from such Total Net Asset amounts of $1,700 mil at their fiscal year ends which included the 2008-09 US Financial Meltdown.
With such a very robust Kentucky Hospital Net Asset percentage increase, a key beneficiary of this will be Kentucky 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 Kentucky 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.