Texas Non-Profit & Publicly-held Hospitals Net Assets Up 82% 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) and financial statements in SEC filings, I found 15 Non-Profit Hospital Organizations and 2 Publicly-held Hospital Companies all headquartered in the State of Texas 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 17 Texas 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
Houston Methodist	Houston	TX	Sep 14	4,826		Dec 08	2,375	103%
Baylor Scott & White Health	Dallas	TX	Dec 14	4,729		Jun 09	2,166	118%
Texas Health Resources	Arlington	TX	Sep 14	4,215		Dec 08	1,921	119%
Texas Children's Hospital	Houston	TX	Sep 14	3,270		Sep 09	2,088	57%
Christus Health	Irving	TX	Sep 14	2,782		Jun 09	2,119	31%
Memorial Hermann Healthcare System	Houston	TX	Dec 14	2,718		Jun 09	1,509	80%
Cook Children's Health	Fort Worth	TX	Dec 14	2,071		Sep 09	840	147%
Children's Medical Center of Dallas	Dallas	TX	Sep 14	1,839		Dec 08	821	124%
Dallas County Hospital (Parkland)	Dallas	TX	Jun 14	1,359		Sep 09	962	41%
Methodist Health System	Dallas	TX	Sep 14	1,264		Sep 09	627	102%
Baylor College of Medicine	Houston	TX	Dec 14	1,197		Jun 09	965	24%
University Health (San Antonio)	San Antonio	TX	Dec 13	935		Dec 08	612	53%
Tarrant County Hospital District	Fort Worth	TX	Sep 13	731		Sep 09	638	15%
Harris County Hospital District	Houston	TX	Feb 14	720		Feb 09	767	-6%
United Regional Health Care	Wichita Falls	TX	Dec 14	469		Dec 08	196	139%
Tenet Healthcare (Publicly-held Co)	Dallas	TX	Sep 14	866		Dec 08	147	489%
Hanger (Publicly-held Co)	Austin	TX	Jun 14	606		Dec 08	267	127%
Total all 17				34,597			19,020	82%

As you can see from the above chart, the Total Net Assets (Financial Strength) of these 17 largest Texas Hospital Organizations totaled a massive $34,597 mil, up an impressive 82% from such Total Net Asset amounts of $19,020 mil at their fiscal year ends which included the 2008-09 US Financial Meltdown.

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