Maryland Non-Profit Hospital Net Assets (Financial Strength) Up 120% 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 6 Non-Profit Hospital Organizations all headquartered in the State of Maryland 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 6 Maryland 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
Johns Hopkins Health System	Baltimore	MD	Dec 14	3,759		Jun 09	1,273	195%
University Maryland Medical System	Baltimore	MD	Dec 14	1,601		Jun 09	904	77%
MedStar Health	Columbia	MD	Sep 14	1,478		Jun 09	647	128%
Bon Secours Health System	Baltimore	MD	Nov 14	1,331		Aug 09	703	89%
LifeBridge Health	Baltimore	MD	Dec 14	759		Jun 09	406	87%
Anne Arundel Health	Annapolis	MD	Dec 14	401		Jun 09	301	33%
Total all 6				9,329			4,234	120%

As you can see from the above chart, the Total Net Assets (Financial Strength) of these 6 largest Maryland Hospital Organizations totaled $9,329 mil, up a huge 120% from such Total Net Asset amounts of $4,234 mil at their fiscal year ends which included the 2008-09 US Financial Meltdown.

With such a very impressive Maryland Hospital Net Asset percentage increase, a key beneficiary of this will be Maryland 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 Maryland 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.