Healthcare Insights

Top hospitals in Maryland by net patient revenue

As the 19th most populous state in the U.S., over 6 million people call Maryland home. The people of Maryland rely on 72 hospitals and 10 integrated delivery networks (IDNs), as reported by Definitive Healthcare data, to provide them with exceptional medical care.

A vital financial metric of hospitals is net patient revenue (NPR), which is the amount of money generated for patient services from commercial insurance, Medicare, Medicaid, and other sources. Below, we’ve collected a list of the top 20 hospitals in Maryland based on NPR using HospitalView.

Top Maryland hospitals with the highest net patient revenue

Rank MD hospital name City Definitive ID Net patient revenue # of discharges # of staffed beds Explore dataset 
The Johns Hopkins Hospital Baltimore 1914 $2,465,608,109  39,531 1,038 Explore
University of Maryland Medical Center Baltimore 1920 $1,849,887,096  23,367 767 Explore
Sinai Hospital (FKA Sinai Hospital of Baltimore) Baltimore 1916 $814,926,975  168,398 196 Explore
Johns Hopkins Bayview Medical Center Baltimore 1918 $654,365,000  14,506 342 Explore
Luminis Health Anne Arundel Medical Center (FKA Anne Arundel Health System) Annapolis 1877 $616,606,310  27,188 325 Explore
Mercy Medical Center Baltimore 1913 $561,307,806  11,175 113 Explore
MedStar Franklin Square Medical Center Baltimore 1883 $537,604,036  16,633 162 Explore
Holy Cross Hospital Silver Spring 1897 $516,024,508  20,822 209 Explore
Ascension Saint Agnes Hospital (AKA Saint Agnes Healthcare) Baltimore 1915 $506,665,428  10,631 159 Explore
10 TidalHealth Peninsula Regional (FKA Peninsula Regional Medical Center) Salisbury 1908 $493,387,560  13,745 230 Explore
11 Adventist HealthCare Shady Grove Medical Center Rockville 1898 $446,519,476  19,852 185 Explore
12 UM Baltimore Washington Medical Center Glen Burnie 1879 $440,247,618  17,937 158 Explore
13 Greater Baltimore Medical Center (AKA GBMC HealthCare) Baltimore 1880 $420,265,043  13,308 265 Explore
14 MedStar Union Memorial Hospital Baltimore 1919 $409,285,444  8,872 191 Explore
15 UM St Joseph Medical Center (FKA St Joseph Medical Center) Towson 1882 $398,037,335  13,811 188 Explore
16 Meritus Medical Center (AKA Meritus Health) Hagerstown 1907 $396,207,060  13,999 215 Explore
17 Frederick Health Hospital (FKA Frederick Regional Health System) Frederick 1888 $388,662,670  14,293 279 Explore
18 Suburban Hospital Bethesda 1894 $340,253,980  11,538 226 Explore
19 Adventist HealthCare White Oak Medical Center Silver Spring 992331 $323,212,622  13,626 196 Explore
20 UM Upper Chesapeake Medical Center Bel Air 1891 $320,182,679  12,992 202 Explore

Fig. 1. Data is from the Definitive Healthcare HospitalView product, according to the most recent 12-month interval tracked in our database. Accessed March 2024. 

What Maryland hospitals have the highest net patient revenue?

The Johns Hopkins Hospital located in Baltimore has the highest NPR of Maryland hospitals at $2.4 billion, according to the most recent 12-month interval tracked in our database. This hospital also has the highest number of staffed beds, allowing it to treat more patients at the same time, which likely contributes to its high NPR. It’s #36 on our list of top U.S. hospitals by NPR.

The Johns Hopkins Hospital, in addition to being the #1 hospital in Maryland for both adults and children, has been at the forefront of many medical advancements. This non-profit hospital was the first to use rubber gloves during surgery and the first to develop cardiopulmonary resuscitation and renal dialysis.

Baltimore is home to many of the top hospitals in Maryland, with the second-place hospital (and the third) also bunkering down in this city. The University of Maryland Medical Center, which belongs to the University of Maryland Medical System—along with three other hospitals on the top 20 list—has an NPR of $1.8 billion. This academic teaching hospital has a trauma center, a children’s hospital, and a comprehensive cancer center.

Rounding out our top three hospitals in Maryland is the Sinai Hospital. This hospital has only 196 beds available (almost four times less than the second-place hospital) but discharged more than 168,000 patients in 2023—far exceeding any other hospital on this list. This private hospital partners with the Sinai Mitzvah Foundation to engage the nearby community through hospital programs, educational initiatives, and financial support.

What information can we get from net patient revenue?

Net patient revenue is an important metric for understanding a hospital’s financial state. NPR directly reflects the revenue generated from patient care services, making it a key metric for assessing financial performance. When combined with metrics such as the number of discharges, we can gain a deeper understanding of a hospital’s financial efficiency. This combination allows us to see how much revenue a hospital makes (on average) per patient.

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