Healthcare Insights

Top 25 hospitals in Colorado ranked by net patient revenue

Home to 5.8 million people, Colorado is the 21st-most populous state in the U.S. Residents have access to nearly 120 hospitals and nine integrated delivery networks (IDNs), according to Definitive Healthcare data.  

Below, we’ve compiled a list of the top 25 hospitals in Colorado based on net patient revenue (NPR) using HospitalView. Results in this analysis are according to the most recent 12-month interval tracked in our database and updated from the January 2023 Medicare Cost Report release. 

NPR is the amount of money generated from patient services from sources such as commercial insurance, Medicaid, and Medicare. It is a standard for measuring the financial performance of healthcare organizations. 

Colorado hospitals with the highest net patient revenues

RankHospitalCityDefinitive IDNPR# of discharges# of staffed bedsExplore dataset
1UCHealth University of Colorado HospitalAurora642$2,374,609,042 31,766653Explore
2Childrens Hospital Colorado - Anschutz Medical CampusAurora644$1,205,230,394 14,152427Explore
3Denver Health Main CampusDenver663$1,055,618,441 17,495393Explore
4UCHealth Memorial Hospital CentralColorado Springs668$1,012,363,356 25,559353Explore
5Swedish Medical CenterEnglewood647$689,192,355 19,896344Explore
6UCHealth Poudre Valley HospitalFort Collins682$682,016,981 10,496224Explore
7Saint Joseph Hospital (FKA Exempla St Joseph Hospital)Denver662$595,185,185 17,132364Explore
8Presbyterian/St Lukes Medical CenterDenver664$591,322,531 9,616317Explore
9Sky Ridge Medical CenterLone Tree648$558,278,045 16,008284Explore
10St Marys Medical Center (FKA St Marys Hospital and Medical Center)Grand Junction689$529,566,487 11,000231Explore
11UCHealth Medical Center of the RockiesLoveland684$512,588,904 9,700184Explore
12Parkview Health System (FKA Parkview Medical Center)Pueblo700$495,277,911 15,396268Explore
13St Anthony HospitalLakewood665$480,745,227 12,101220Explore
14The Medical Center of AuroraAurora646$424,867,741 16,713355Explore
15Boulder Community Foothills HospitalBoulder581788$407,059,214 8,510139Explore
16Lutheran Medical Center (FKA Exempla Lutheran Medical Center)Wheat Ridge676$402,262,629 12,629223Explore
17Rose Medical CenterDenver659$345,212,575 11,024249Explore
18Parker Adventist HospitalParker666$344,428,962 8,525162Explore
19Porter Adventist HospitalDenver661$331,397,045 6,284180Explore
20Banner North Colorado Medical Center (FKA North Colorado Medical Center)Greeley707$330,987,631 8,321208Explore
21Good Samaritan Medical Center (FKA Exempla Good Samaritan Medical Center LLC)Lafayette651$328,776,322 11,245177Explore
22Littleton Adventist HospitalLittleton649$308,093,247 9,140201Explore
23Valley View HospitalGlenwood Springs671$274,168,638 2,82037Explore
24Mercy Regional Medical CenterDurango680$263,724,005 4,31771Explore
25St Anthony North Health CampusWestminster675$254,078,435 7,094118Explore

Fig. 1. Data is from the Definitive Healthcare HospitalView product, according to the most recent 12-month interval tracked in our database. Data is sourced from the January 2023 Medicare Cost Report release. Accessed April 2023.

Which hospital had the highest net patient revenue?

UCHealth University of Colorado Hospital, part of University of Colorado Health, had the highest net patient revenue (NPR) among hospitals in Colorado, with nearly $2.4 billion in NPR. The hospital also had the highest number of discharges and staffed beds in the state.

UCHealth University of Colorado Hospital is the principal teaching hospital for the University of Colorado School of Medicine in Aurora, Colorado. Providers are affiliated with or are faculty at the University of Colorado School of Medicine. In 2022, UCHealth University of Colorado Hospital was ranked the No. 1 hospital in Colorado by U.S. News & World Report.

In second place is Children’s Hospital Colorado - Anschutz Medical Campus, an academic pediatric acute care children’s hospital with $1.2 billion in NPR. The hospital is affiliated with the University of Colorado Denver School of Medicine. Children’s Hospital Colorado was ranked the No. 7 children’s hospital in the U.S. by U.S. News & World Report in 2022.

Rounding out the top three is Denver Health Main Campus, part of integrated delivery network (IDN) Denver Health. The hospital earned $1.1 billion in NPR for the hospital cost report period ending December 2021.

What is net patient revenue?

Net patient revenue (NPR) is the aggregate money generated from patient services collected from payors, including private insurance, Medicaid, and Medicare. Hospitals calculate their NPR to paint a clear picture of their financial strength, develop meaningful business strategies, and help ensure that all departments are adequately funded.

A hospital can calculate its net patient revenue by subtracting patient discounts from its total patient revenue. Metrics like contractual adjustments, charitable donations, foundation earnings, and bad debt are not included in these calculations.

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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.