Healthcare Insights

Top 20 hospitals in Massachusetts by net patient revenue

Home to many of the country’s most well-renowned medical facilities, Massachusetts continues to be one of the states with the highest quality of healthcare. The state also has the highest rate of government healthcare spending in the U.S. at $7,813 per person, nearly $3,000 more than the national average.

Using the Definitive Healthcare HospitalView product, we created a list ranking the top 20 Massachusetts hospitals by their net patient revenue (NPR).

Massachusetts hospitals with the highest net patient revenue

Rank Hospital name City Net patient revenue # of discharges # of staffed beds Explore dataset
Massachusetts General Hospital Boston $3,376,488,407  46,219 995 Explore
Brigham and Women's Hospital Boston $2,707,497,042  40,825 812 Explore
Beth Israel Deaconess Medical Center Boston $1,890,242,804  37,590 718 Explore
UMass Memorial Medical Center - University Campus Worcester $1,782,615,224  34,974 651 Explore
Dana Farber Cancer Institute Boston $1,564,179,491  1,431 30 Explore
Boston Children's Hospital Boston $1,469,507,982  12,798 415 Explore
Baystate Medical Center Springfield $1,431,361,237  38,519 706 Explore
Boston Medical Center Boston $1,165,411,708  22,667 428 Explore
Lahey Hospital & Medical Center - Burlington  Burlington $1,033,757,997  21,448 335 Explore
10 Tufts Medical Center Boston $859,613,165  17,093 385 Explore
11 Charlton Memorial Hospital Fall River $830,323,320  29,364 328 Explore
12 South Shore Hospital South Weymouth $695,022,628  27,321 374 Explore
13 Newton-Wellesley Hospital Newton $587,106,399  15,420 228 Explore
14 Cape Cod Hospital Hyannis $578,303,638  16,055 239 Explore
15 Berkshire Medical Center Pittsfield $501,108,839  10,861 233 Explore
16 North Shore Medical Center - Salem Hospital Salem $490,943,388  15,125 272 Explore
17 Lowell General Hospital - Main Campus Lowell $456,513,625  17,777 390 Explore
18 St. Elizabeth's Medical Center Brighton $422,467,983  10,682 240 Explore
19 Saint Vincent Hospital Worcester $421,804,498  14,700 259 Explore
20 Beverly Hospital Beverly $384,997,463  17,603 221 Explore

Fig. 1 Data is from the Definitive Healthcare HospitalView product. Financial data is from the Medicare Cost Report. Data is accurate as of October 2022.

Which Massachusetts hospital has the highest net patient revenue?

Massachusetts General Hospital in Boston has the highest net net patient revenue in the state with $3,376,488,407. The oldest and largest hospital in New England, Massachusetts General Hospital is currently ranked as the 8th best hospital in the nation by U.S. News and World Report and has been consistently ranked as the best hospital in New England for the last several years.

In second place is Brigham and Women’s Hospital, also located in Boston. This facility has an NPR of $2,707,497,042. U.S. News and World Report has ranked it as the best hospital in the country for obstetrics and gynocology. The hospital has also earned the publication’s highest distinction for care for 18 of the 20 most serious and complicated medical conditions and procedures.

The third-place hospital is Beth Israel Deaconess Medical Center. Another Boston-based facility, its NPR is $1,890,242,804. Beth Israel Deaconess Medical Center is the teaching hospital for the world-renowned Harvard Medical School and is part of Beth Israel Lahey Health, a healthcare system that brings together academic medical centers and teaching hospitals, community and specialty hospitals together with more than 4,000 physicians and more than 35,000 employees.

Since Massachusetts is a relatively small state, most top hospitals are located in Boston or the surrounding Boston area. Seven are located in Boston, while the other 13 are within a 90-mile radius of the city and easily accessible by car or train.

What is net patient revenue?

Net patient revenue (NPR) is the aggregate money generated from patient services collected from payors. These payors include things such as 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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