Hospital revenue cycles for nonprofit health agencies were powerful as 7 of the top-10 most profitable facilities were classified as nonprofit.
Profits in hospital revenue cycles for nonprofit health agencies were strong in the year 2013. That year, 7 of the top 10 most profitable hospitals in the US were nonprofit facilities, in accordance to a recent Health Affairs study. Each of the top performers netted more than $150 million from caring for sufferers.
45% of the 3,000 hospitals in the study were profitable, with 2.5% earning more than $2,475 per adjusted discharge, Health Affairs stated,
At the top of this list was the non-profit Gundersen Lutheran Medical Center in La Crosse, Wisconsin, which raked in $302.5 million in profit (or $4,241 per sufferer) from patient care services. Sutter Medical Center, which is located in Sacramento, California, came in 2nd place by earning $271.9 million. Other non-profit top performers included Stanford Hospital in Palo Alto, California, which earned almost $225 million and University of Pennsylvania’s hospital in Philadelphia, which earned $184.5 million in the year 2013.
A top performing for-profit hospital was Medical City Dallas Hospital in Dallas, Texas. This hospital had a profit of about $210.3 million in the year 2013.
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