Top 25 Minnesota hospitals by net patient revenue
Net patient revenue (NPR) is one way to rank the financial success of a healthcare organization. Calculated by subtracting patient discounts from total patient revenue, NPR can provide insight into the financial strength of a hospital.
Below, we’ve listed the top 25 hospitals in Minnesota by net patient revenue in 2022. The data is sourced from Definitive Healthcare’s HospitalView product.
Top 25 hospitals by net patient revenue in Minnesota
|Rank||Hospital name||City||Definitive ID||Net patient revenue||Explore dataset|
|1||Mayo Clinic Hospital - Saint Mary’s Campus||Rochester||2191||$3,317,828,896||Explore|
|2||M Health Fairview University of Minnesota Medical Center - West Bank East||Minneapolis||2154||$1,679,581,001||Explore|
|3||Abbott Northwestern Hospital||Minneapolis||2151||$1,255,591,204||Explore|
|4||Hennepin County Medical Center (AKA Hennepin Healthcare)||Minneapolis||2149||$1,102,036,000||Explore|
|5||CentraCare - St Cloud Hospital||Saint Cloud||2223||$922,815,071||Explore|
|6||Children’s Hospitals and Clinics of Minnesota – Minneapolis||Minneapolis||2148||$885,866,338||Explore|
|7||Regions Hospital||Saint Paul||2203||$841,725,083||Explore|
|8||Mercy Hospital||Coon Rapids||2119||$763,638,199||Explore|
|9||United Hospital||Saint Paul||2205||$712,200,926||Explore|
|10||Methodist Hospital||St Louis Park||2152||$709,762,899||Explore|
|11||North Memorial Health Hospital||Robbinsdale||2156||$565,727,142||Explore|
|12||Essentia Health - Duluth (FKA SMDC Medical Center)||Duluth||2215||$504,217,776||Explore|
|13||St Lukes Hospital||Duluth||2214||$488,590,754||Explore|
|14||Mayo Clinic Health System - Mankato||Mankato||2126||$487,976,719||Explore|
|15||Essentia Health - St Mary’s Medical Center||Duluth||2219||$459,554,475||Explore|
|16||M Health Fairview Southdale Hospital||Edina||2153||$450,913,672||Explore|
|17||Sanford Bemidji Medical Center||Bemidji||2122||$311,228,475||Explore|
|18||Essentia Health - St Joseph’s Medical Center (FKA St Joseph’s Medical Center)||Brainerd||2139||$282,737,855||Explore|
|19||Mayo Clinic Health System - Albert Lea||Albert Lea||2144||$276,607,464||Explore|
|20||Ridgeview Medical Center (AKA RMC)||Waconia||2132||$268,419,956||Explore|
|21||M Health Fairview Ridges Hospital||Burnsville||2141||$257,354,179||Explore|
|22||Gillette Children’s Specialty Health||Saint Paul||5413||$251,085,847||Explore|
|23||M Health Fairview St John’s Hospital (FKA HealthEast St John’s Hospital)||Maplewood||2202||$247,530,887||Explore|
|24||Maple Grove Hospital||Maple Grove||542024||$233,622,798||Explore|
|25||Olmsted Medical Center||Rochester||2190||$224,937,587||Explore|
What Minnesota hospitals have the highest net patient revenue?
The Minnesota hospital with the highest net patient revenue is Mayo Clinic Hospital - Saint Mary’s Campus, with an NPR of $3.3 billion. M Health Fairview University of Minnesota Medical Center - West Bank East has the second-highest NPR at $1.7 billion. In third is Abbott Northwestern Hospital, with an NPR of $1.3 billion.
All three of these hospitals are located in either Rochester or Minneapolis, which top the list as some of the most populated cities in Minnesota.
On average, the top 25 hospitals in this list also have a greater number of affiliated physicians. The average number of affiliated physicians for these 25 hospitals is 859.28, which is more than four times the Minnesota and U.S. hospital averages which are 203.11 and 203.31, respectively.
With more affiliated physicians, along with being in highly populated areas, these hospitals are likely to treat more patients, leading to higher net patient revenue.
How many hospitals are in Minnesota?
There are 163 hospitals in Minnesota. Combined, all Minnesota hospitals have a net patient revenue of $23.1 billion. The top 25 hospitals listed above account for 76% of this state-wide NPR.
Compared to the entire country, Minnesota hospitals’ net patient revenue accounts for 2% of all nationwide NPR.
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