Below here are the Net Assets of these 7 South Carolina 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|
|McLeod Health||Florence||SC||Dec 14||1,068||Sep 09||533||100%|
|Greenville Hospital System||Greenville||SC||Sep 14||1,062||Sep 09||802||32%|
|Palmetto Health||Columbia||SC||Sep 14||835||Sep 09||593||41%|
|Lexington County Health Services District||West Columbia||SC||Sep 14||715||Sep 09||454||57%|
|Spartanburg Regional Healthcare System||Spartanburg||SC||Dec 14||598||Sep 09||487||23%|
|Self Regional Healthcare||Greenwood||SC||Sep 14||493||Sep 09||305||62%|
|Anmed Health||Anderson||SC||Sep 14||482||Sep 09||300||61%|
|Total all 7||5,253||3,474||51%|
As you can see from the above chart, the Total Net Assets (Financial Strength) of these 7 largest South Carolina Hospital Organizations totaled $5,253 mil at the most recently reported date, up a solid 51% from such Total Net Asset amounts of $3,474 mil at their fiscal year ends which included the 2008-09 US Financial Meltdown.
With such a solid South Carolina Hospital Net Asset percentage increase, a key beneficiary of this will be South Carolina 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 South Carolina 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.