Sunday, February 15, 2015

Nebraska Non-Profit Hospital Net Assets (Financial Strength) Up 66% 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 5 Non-Profit Hospital Organizations all headquartered in the State of Nebraska 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 5  Nebraska 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


Balance Balance Increase

Sheet Sheet Since

Date Date FYE

Most Recent
Including Including Including

Recent Balance
2008-09 2008-09 2008-09

Balance Sheet
City State Sheet Net
Financial Financial Financial
US Hospital Organization HQs HQs Date Assets
Meltdown Meltdown Meltdown

mil $s
mil $s

Nebraska Medical Center Omaha NE Sep 14        659
Jun 09         470 40%
Bryan Medical Center Lincoln NE Sep 14        606
May 09         383 58%
Nebraska Methodist Health System Omaha NE Sep 14        573
Dec 08         300 91%
Clarkson Regional Health Services Omaha NE Sep 14        515
Jun 09         343 50%
Children's Hospital & Medical Center Omaha NE  Dec 14         474
Dec 08         210 126%

Total of all 5


      1,706 66%

As you can see from the above chart, the Total Net Assets (Financial Strength) of these 5 largest Nebraska Hospital Organizations totaled $2,827 mil at the most recently reported date, up a solid 66% from such Total Net Asset amounts of $1,706 mil at their fiscal year ends which included the 2008-09 US Financial Meltdown.

With such a solid Nebraska Hospital Net Asset percentage increase, a key beneficiary of this will be Nebraska 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 Nebraska 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.