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:
|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.