Below here are the Net Assets of these 3 South Dakota 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|
|Sanford Health||Sioux Falls||SD||Dec 14||2,110||Jun 09||1,242||70%|
|Avera Health||Sioux Falls||SD||Dec 14||1,499||Jun 09||675||122%|
|Regional Health||Rapid City||SD||Dec 14||662||Jun 09||326||103%|
|Total all 3||4,271||2,243||90%|
As you can see from the above chart, the Total Net Assets (Financial Strength) of these 3 largest South Dakota Hospital Organizations totaled $4,271 mil, up a very robust 90% from such Total Net Asset amounts of $2,243 mil at their fiscal year ends which included the 2008-09 US Financial Meltdown.
With such an impressive South Dakota Hospital Net Asset percentage increase, a key beneficiary of this will be South Dakota 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 South Dakota 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.