Oregon 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 4 Non-Profit Hospital Organizations all headquartered in the State of Oregon 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 4 Oregon 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
Oregon Health & Science University	Portland	OR	Sep 14	2,376		Jun 09	1,570	51%
Legacy Health System	Portland	OR	Dec 14	1,201		Mar 09	618	94%
Asante Health System	Medford	OR	Dec 14	626		Sep 09	294	113%
St Charles Health System	Bend	OR	Sep 14	493		Dec 08	227	117%
Total all 4				4,696			2,709	73%

As you can see from the above chart, the Total Net Assets (Financial Strength) of these 4 largest Oregon Hospital Organizations totaled $4,696 mil at the most recently reported date, up a robust 73% from such Total Net Asset amounts of $2,709 mil at their fiscal year ends which included the 2008-09 US Financial Meltdown.

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