Top teaching hospitals by net patient revenue
One reason why the healthcare industry is such an incredible place to work is that it’s constantly on the cutting edge of change. Medical devices or treatments enter the market and make it possible for patients to recover quickly and return to their lives faster. New technology and techniques are taught that help physicians perform life-saving procedures more safely and efficiently than ever before.
None of this innovation would be possible without teaching hospitals. Thanks to teaching hospitals, both physicians and medical students learn about these innovations and get to practice with them in a real clinical setting. Teaching hospitals not only provide education and training for future physicians but also offer essential Continuing Medical Education (CME) programs, which help active professionals develop their careers.
Below, we have a list of the top teaching hospitals in the U.S. ranked by their net patient revenue (NPR).
Top 20 teaching hospitals by net patient revenue
|Hospital name||Definitive ID||Net patient revenue||Total patient revenue||# of discharges||Explore dataset|
|NewYork-Presbyterian/Weill Cornell Medical Center||541974||$5,734,047,089||$20,326,788,428||102,654||Explore|
|Cleveland Clinic Main Campus||3120||$5,241,664,591||$16,959,307,334||48,583||Explore|
|Vanderbilt University Medical Center||3742||$4,691,813,631||$16,125,600,496||60,138||Explore|
|UCSF Helen Diller Medical Center at Parnassus Heights||560||$4,606,030,749||$18,005,576,431||33,309||Explore|
|University of Texas MD Anderson Cancer Center||4017||$3,982,982,020||$8,772,955,412||26,908||Explore|
|Cedars-Sinai Medical Center||430||$3,550,379,003||$21,200,081,130||50,098||Explore|
|Memorial Sloan Kettering Cancer Center||2846||$3,417,060,157||$8,955,837,339||22,803||Explore|
|Massachusetts General Hospital||1973||$3,376,488,407||$11,200,803,905||46,219||Explore|
|Yale New Haven Hospital||731||$3,238,519,875||$10,885,895,300||58,034||Explore|
|Hospital of the University of Pennsylvania||3571||$2,851,500,619||$15,378,915,176||37,697||Explore|
|Mayo Clinic Hospital - Saint Marys Campus||2191||$2,837,714,279||$5,748,618,815||48,836||Explore|
|Brigham and Womens Hospital||1969||$2,707,497,042||$8,622,860,042||40,825||Explore|
|Strong Memorial Hospital||2818||$2,702,464,192||$6,054,880,853||37,802||Explore|
|University of California Davis Medical Center (AKA UC Davis Medical Center)||515||$2,683,028,902||$10,672,719,489||26,137||Explore|
|Duke University Hospital||2973||$2,675,540,231||$8,996,018,758||40,906||Explore|
|Atrium Health Carolinas Medical Center||3003||$2,485,398,176||$9,085,603,529||56,935||Explore|
|UC San Diego Medical Center||550||$2,476,193,001||$8,386,468,663||34,103||Explore|
Which teaching hospital has the highest net patient revenue?
Tisch Hospital, located in New York City, ranks at the top of the list with net patient revenue of $6,273,707,636. It’s closely followed by New York-Presbyterian/Weill Cornell Medical Center and Cleveland Clinic Main Campus, located in New York and Ohio respectively. These teaching hospitals each have an NPR of over $5 billion.
These results are relatively unsurprising, as nearly all these teaching hospitals are located within or near major cities. Many teaching hospitals on the list also reside in high-population states such as New York, Texas, Illinois, California and others.
What is a teaching hospital?
According to the AHA, teaching hospitals “fulfill critical social missions.” These missions include teaching and training the next generation of healthcare professionals, conducting research, providing specialized clinical care to severely ill and injured patients and more.
By partnering with medical and nursing schools and other local educational institutions and research centers, the top teaching hospitals are often at the forefront of medical innovation.
What’s the difference between a general hospital and a teaching hospital?
The major difference between a teaching hospital and a nonteaching hospital is that of capability. To generalize, teaching hospitals may be able to provide more specialized, higher-quality care to patients than nonteaching hospitals.
Teaching hospitals tend to be staffed by highly qualified physicians and medical specialists in order to facilitate the research, education and training that teaching hospitals are known for. This usually means that a teaching hospital has access to cutting-edge technology and subspecialists in unique fields not available anywhere else.
This isn’t to say that the quality of care at a nonteaching hospital is inferior. For most illnesses and injuries, a “regular” hospital will take excellent care of its patients. For rare, unique or highly complicated conditions, however, a teaching hospital is often more equipped to provide the necessary care.
What is net patient revenue?
Net patient revenue is the dollar amount received for all patient care performed in a hospital or health system. It’s calculated as the difference between gross patient revenue and other charges such as contractual adjustments, charity care, foundation earnings, bad debt, and more.
Growing net patient revenue is often considered to be one of the most difficult challenges for hospitals nationwide. Between fluctuating patient volumes and decreasing reimbursement rates, improving financial performance is top-of-mind for many healthcare providers’ strategists. Healthcare commercial intelligence can help hospitals optimize revenue growth with comprehensive insights into payor claims data, patient leakage, diagnosis and procedure trends and more.
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