Healthcare Insights
Top hospitals in Indiana by net patient revenue
With more than 6.8 million people calling the Hoosier State their home, Indiana is the 17th-most populous state in the U.S. In addition to hosting the Indianapolis 500 (“The Greatest Spectacle in Racing”) and the country’s first professional baseball game, Indiana also has 206 hospitals and 42 integrated delivery networks (IDNs), according to data from Definitive Healthcare.
A standard metric for measuring a healthcare organization’s financial performance is net patient revenue (NPR), which is the amount of money generated from patient services through commercial insurance, Medicaid, and Medicare.
Below, we have compiled a list of the top 25 hospitals in Indiana based on NPR using HospitalView.
| Rank | IN hospital name | City | Definitive ID | Net patient revenue | # of discharges | # of staffed beds | Explore dataset |
|---|---|---|---|---|---|---|---|
| 1 | IU Health Methodist Hospital | Indianapolis | 1365 | $3,577,417,457 | 47,662 | 1,269 | Explore |
| 2 | Parkview Regional Medical Center | Fort Wayne | 1290 | $1,657,493,133 | 55,450 | 542 | Explore |
| 3 | Ascension St Vincent Hospital - Indianapolis | Indianapolis | 1360 | $1,406,887,836 | 27,408 | 376 | Explore |
| 4 | Community Hospital East | Indianapolis | 1361 | $1,235,903,394 | 20,689 | 387 | Explore |
| 5 | Deaconess Midtown Hospital | Evansville | 1394 | $1,139,469,726 | 31,383 | 365 | Explore |
| 6 | Franciscan Health Indianapolis (FKA Franciscan St Francis Health - Indianapolis) | Indianapolis | 1359 | $891,316,850 | 17,951 | 499 | Explore |
| 7 | Ascension St Vincent Evansville (FKA St Marys Medical Center - Evansville Campus) | Evansville | 1393 | $671,764,649 | 13,723 | 346 | Explore |
| 8 | Memorial Hospital of South Bend | South Bend | 1383 | $631,469,548 | 19,390 | 388 | Explore |
| 9 | Community Hospital | Munster | 1340 | $615,140,800 | 16,091 | 405 | Explore |
| 10 | Union Hospital | Terre Haute | 1397 | $581,868,262 | 14,382 | 258 | Explore |
| 11 | Lutheran Hospital | Fort Wayne | 1289 | $580,066,920 | 15,468 | 387 | Explore |
| 12 | Community Hospital North | Indianapolis | 1354 | $565,202,107 | 17,007 | 340 | Explore |
| 13 | Eskenazi Health (AKA Sidney & Lois Eskenazi Hospital) | Indianapolis | 1363 | $562,343,277 | 15,269 | 314 | Explore |
| 14 | IU Health Bloomington Hospital | Bloomington | 1370 | $529,442,963 | 10,570 | 210 | Explore |
| 15 | IU Health Ball Memorial Hospital | Muncie | 1305 | $524,882,686 | 14,777 | 316 | Explore |
| 16 | Reid Health (FKA Reid Hospital & Health Care Services) | Richmond | 1404 | $487,182,885 | 10,834 | 183 | Explore |
| 17 | IU Health Arnett Hospital | Lafayette | 1389 | $426,226,749 | 12,100 | 194 | Explore |
| 18 | Hendricks Regional Health - Danville Hospital | Danville | 1323 | $423,372,923 | 5,791 | 130 | Explore |
| 19 | IU Health North Hospital | Carmel | 1316 | $413,277,444 | 10,266 | 153 | Explore |
| 20 | Methodist Hospitals - Northlake | Gary | 1345 | $390,899,890 | 10,946 | 154 | Explore |
| 21 | Franciscan Health Lafayette East (FKA Franciscan St Elizabeth Health - Lafayette East Campus) | Lafayette | 1390 | $377,657,274 | 9,889 | 177 | Explore |
| 22 | Northwest Health - Porter (AKA Porter Regional Hospital) | Valparaiso | 1376 | $370,628,798 | 11,088 | 276 | Explore |
| 23 | Columbus Regional Hospital (AKA Columbus Regional Health) | Columbus | 1292 | $361,782,183 | 9,619 | 225 | Explore |
| 24 | Mishawaka Medical Center (FKA St Joseph Regional Medical Center) | Mishawaka | 1382 | $355,099,910 | 11,988 | 253 | Explore |
| 25 | Baptist Health Floyd (FKA Floyd Memorial Hospital and Health Services) | New Albany | 1310 | $335,038,102 | 11,777 | 248 | Explore |
Fig. 1. Data is from the Definitive Healthcare HospitalView product. Data is accurate as of April 2024.
What Indiana hospitals have the highest net patient revenue?
The Indiana hospital with the highest net patient revenue is IU Health Methodist Hospital, with an NPR of $3.5 billion. This is partially attributable to its vast size, with over twice the bed capacity (1,269 beds) of its nearest competitor, Parkview Regional Medical Center (542 beds). This allows IU Health Methodist Hospital to take on a larger patient volume, contributing to its higher NPR.
IU Health Methodist is a part of the Indiana University Health IDN, which has the largest network of physicians in Indiana. One of the largest teaching hospitals in the region, it partners with the Indiana University School of Medicine. It was ranked by U.S. News & World Report as the #1 hospital in Indiana for children and adults and as the #3 children’s hospital in the Midwest. Nationally, it is ranked in 10 children’s specialties, making the top 10 for pediatric pulmonology & lung surgery (#8) and pediatric urology (#3).
Parkview Regional Medical Center has the second-highest NPR in Indiana, with an NPR of $1.6 billion. This medical campus houses the Parkview Packnett Family Cancer Institute, Parkview Heart Institute, Parkview Ortho Hospital, and Parkview Women’s & Children’s Hospital. It has been named the Best and Brightest in Wellness by the National Association for Business Resources, and it has received a Stage 7 validation from the Healthcare Information and Management Systems Society, demonstrating its exceptional implementation and use of healthcare technology.
Ascension St. Vincent Hospital in Indianapolis has Indiana’s third-highest net patient revenue, with an NPR of $1.4 billion. It is a full-service hospital with a Level I trauma center, transplant center, comprehensive stroke center, and burn center. It’s part of the Rural and Urban Access to Health (RUAH) community-based care coordination program that seeks to improve community access to care and remove barriers to needed resources. Ascension St. Vincent Hospital is ranked as the #2 hospital in Indianapolis and the #3 hospital in all of Indiana by U.S. News & World Report.
How Indiana NPR can boost your healthcare commercialization strategy
For anyone looking to sell into the healthcare industry in Indiana, understanding the hospital landscape of Indiana is of paramount importance in making strategic decisions. Whether you are bringing your product or service to market, knowing which Indiana hospitals have the highest NPR can help you size the market, align sales territories, or make strategic investment decisions.
For instance, five hospitals in Indiana have an NPR of more than $1 billion, and one hospital has an NPR that surpasses $3 billion. Of these five hospitals with NPRs in the billions, three are located in Indianapolis. This close proximity of such high-performing hospitals may influence your commercialization strategy.
Learn more
Healthcare Insights are developed with healthcare commercial intelligence from the Definitive Healthcare platform. To see more insights on Indiana’s healthcare network, start a free trial now and get access to the latest healthcare commercial intelligence on hospitals, physicians, and other healthcare providers.
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