Top 50 hospitals in the U.S. by net patient revenue

What hospitals have the highest net patient revenue?

The top U.S. hospital by net patient revenue is St. Luke’s University Hospital – Bethlehem in Bethlehem, Pennsylvania with a total revenue of $8.9 billion. As the headquarters of the nonprofit St. Luke’s University Health Network, the University Hospital in Bethlehem is one of 15 campuses and over 300 outpatient sites in the network.

In second place for largest U.S. hospitals by NPR is New York-Presbyterian Weill Cornell Medical Center with $7.6 billion. Located in the largest city in the U.S., this hospital’s high patient volume is a key source of its higher net patient revenue. In fact, New York-Presbyterian Weill Cornell Medical Center also takes second place on the list of hospitals with the highest number of patient discharges.

The third top hospital by NPR is Tisch Hospital, also located in New York City, with $7.2 billion. Like New York-Presbyterian Weill Cornell Medical Center, Tisch Hospital also sees a high volume of patients. This hospital also makes the list of top hospitals with the highest number of patient discharges.

What types of hospitals have the highest net patient revenue?

Definitive Healthcare tracks nine different hospital types in the HospitalView product:

• Children’s hospitals
• Critical access hospitals
• Department of Defense (DoD) hospitals
• Long-term acute care hospitals
• Psychiatric hospitals
• Rehabilitation hospitals
• Religious non-medical health care institutions
• Short-term acute care hospitals
• VA hospitals

Of the top 50 hospitals listed above, 47 of them are short-term acute care hospitals and three are children’s hospitals.

Short-term acute care hospitals are the most prevalent hospital type in the U.S., accounting for more than half of all hospitals.

What is the average net patient revenue of hospitals?

In the United States, the average hospital net patient revenue is $224.9 million. The average NPR for the top 50 hospitals listed above is $3.6 billion.

The combined net patient revenue of the top 50 hospitals accounts for 13.7% of all nationwide hospital NPR.

What makes a hospital profitable?

Many factors play into the profitability of a hospital or health system. Some of the richest hospitals in the U.S. likely benefit from factors such as location, health system affiliations, process improvement, and multiple revenue streams.

Hospitals in urban areas, specifically those that are part of a large health system, are more likely to have higher profit margins and excess revenue.

Additionally, activities beyond patient care, such as investments, retail pharmacy sales, managed care premiums, and reimbursement from quality programs can potentially increase total hospital revenue.

How many of the top hospitals by NPR are part of a health system?

Of the factors that influence the profitability of a hospital, being part of a larger health system is very prevalent in this list of top 50 hospitals by NPR. Among the top hospitals listed above, 48 are part of a health system.

While the majority of them do not belong to the top health systems by net patient revenue, having health system affiliation alone can increase the likelihood of having more affiliated facilities, potentially driving access to more patients and higher net patient revenue.

Interestingly, Methodist Hospital in San Antonio—the 50th and final hospital on our list—is the only hospital listed that belongs to HCA Healthcare, the highest-earning and largest IDN in the U.S.

Learn more

Healthcare Insights are developed with healthcare commercial intelligence from the Definitive Healthcare platform. Want even more insights? Start a free trial now and get access to the latest healthcare commercial intelligence on hospitals, physicians, and other healthcare providers.