Below here are the Net Assets of these 12 Wisconsin 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 | |||||||
Aurora Health Care | Milwaukee | WI | Sep 14 | 1,745 | Dec 08 | 546 | 220% | |
Froedtert Health | Milwaukee | WI | Sep 14 | 1,556 | Jun 09 | 824 | 89% | |
Medical College Wisconsin | Milwaukee | WI | Dec 14 | 1,428 | Jun 09 | 808 | 77% | |
Ministry Health Care | Milwaukee | WI | Sep 14 | 1,197 | Sep 09 | 730 | 64% | |
Children's Hospital and Health System Wisconsin | Milwaukee | WI | Dec 14 | 1,162 | Dec 08 | 460 | 153% | |
Wheaton Franciscan Health | Glendale | WI | Dec 14 | 1,104 | Jun 09 | 704 | 57% | |
University Wisconsin Hospitals & Clinics | Madison | WI | Sep 14 | 987 | Jun 09 | 514 | 92% | |
Marshfield Clinic | Marshfield | WI | Sep 14 | 903 | Sep 09 | 554 | 63% | |
Gundersen Lutheran Health | La Crosse | WI | Sep 14 | 824 | Dec 08 | 429 | 92% | |
ThedaCare | Appleton | WI | Dec 14 | 735 | Dec 08 | 289 | 154% | |
ProHealth Care | Waukesha | WI | Dec 14 | 712 | Sep 09 | 423 | 68% | |
Aspirus Obligated Group | Wausau | WI | Sep 14 | 638 | Jun 09 | 211 | 202% | |
Total all 12 | 12,991 | 6,492 | 100% |
As you can see from the above chart, the Total Net Assets (Financial Strength) of these 12 largest Wisconsin Hospital Organizations totaled $12,991 mil, up an impressive 100% from such Total Net Asset amounts of $6,492 mil at their fiscal year ends which included the 2008-09 US Financial Meltdown.
With such a very impressive Wisconsin Hospital Net Asset percentage increase, a key beneficiary of this will be Wisconsin 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 Wisconsin 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.