Louisiana Non-Profit Hospital Net Assets (Financial Strength) Up 73% 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 3 Non-Profit Hospital Organizations all headquartered in the State of Louisiana 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 Louisiana 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
Franciscan Missionaries Our Lady Health	Baton Rouge	LA	Dec 14	1,375		Jun 09	830	66%
Willis-Knighton Medical Center	Shreveport	LA	Sep 13	726		Sep 09	430	69%
Ochsner Health System	Jefferson	LA	Sep 14	632		Dec 08	321	97%
Total all 3				2,733			1,581	73%

As you can see from the above chart, the Total Net Assets (Financial Strength) of these 3 largest Louisiana Hospital Organizations totaled $2,733 mil at the most recently reported date, up a solid 73% from such Total Net Asset amounts of $1,581 mil at their fiscal year ends which included the 2008-09 US Financial Meltdown.

With such a solid Louisiana Hospital Net Asset percentage increase, a key beneficiary of this will be Louisiana citizens who have elected or will be electing to buy health insurance on the Health Insurance Exchange.  This solid Net Asset growth has given and will continue to give these Louisiana 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.