Top 5 Best Performing Revenue Cycles in America

The list ranks the top-performing  hospitals  across the U.S. by  net patient revenue.

A report published earlier this year by Definitive Healthcare ranked the nation’s top-performing hospitals by net patient revenue. As revenue cycle leaders know, to thrive as an organization, a streamlined and optimized revenue cycle is a must. Every area from the front end to the back end need to be well aligned and working efficiently.

As a key indicator of a healthcare organization’s financial strength, many thought leaders believe increasing net patient revenue to be one of the most difficult challenges hospitals face nationwide, the report noted.

Fluctuating patient volumes, decreasing reimbursement rates, and constant pressure to keep up with changing regulations as the reasons why improving financial performance is such a struggle, it said.

Hospitals calculate net patient revenue by subtracting deductions such as charitable donations, bad debt, and contractual adjustments from the gross revenue received for all patient care performed, the report noted. According to the report, the following data is displayed and ranked according to the most recent 12-month interval tracked in its database.

Here are the top five hospitals on the list along with net patient revenue:

1. Tisch Hospital, $6,273,707,636   
2. Cleveland Clinic Main Campus, $6,037,196,525 
3. NewYork-Presbyterian Weill Cornell Medical Center, $5,734,047,089
4. AdventHealth Orlando, $5,004,081,001
5. Vanderbilt University Medical Center, $4,691,813,631

Many hospitals on the list are bringing in billions of dollars in net patient revenue with the top ten reporting over $3.9 billion, the report said. Combined, the top 50 hospitals earned more than $151 billion in net patient revenue, while the average hospital earned roughly $3.03 billion.