Minnesota Non-Profit Hospital Net Assets (Financial Strength) Up a Massive 194% 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 9 Non-Profit Hospital Organizations all headquartered in the State of Minnesota 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 9 Minnesota 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
Mayo Clinic	Rochester	MN	Sep 14	8,371		Dec 08	2,326	260%
HealthPartners	Bloomington	MN	Sep 14	2,375		Dec 08	503	372%
Allina Health System	Minneapolis	MN	Dec 14	2,178		Dec 08	804	171%
Fairview Health Services	Minneapolis	MN	Sep 14	1,687		Dec 08	732	130%
Essentia Health	Minneapolis	MN	Sep 14	944		Jun 09	519	82%
Centracare Health System	St Cloud	MN	Dec 14	828		Jun 09	381	117%
Children's Hospitals and Clinics	Minneapolis	MN	Dec 14	715		Dec 08	370	93%
Park Nicollet Health Services	St Louis Park	MN	Dec 14	675		Dec 08	299	126%
North Memorial Health Care	Robbinsdale	MN	Sep 14	428		Dec 08	263	63%
Total all 9				18,201			6,197	194%

As you can see from the above chart, the Total Net Assets (Financial Strength) of these 9 largest Minnesota Hospital Organizations totaled $18,201 mil, up an off-the-charts 194% from such Total Net Asset amounts of $6,197 mil at their fiscal year ends which included the 2008-09 US Financial Meltdown.

With such an incredibly impressive Minnesota Hospital Net Asset percentage increase, a key beneficiary of this will be Minnesota 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 Minnesota 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.