Tessa Quinn
With a population of over 4.5 million people, Kentucky is the 26th largest state in the US and is home to roughly 135 hospitals and 34 integrated delivery networks (IDNs). The top 25 hospitals in Kentucky account for 79% of all net patient revenue (NPR) in the state. The hospital with the highest net patient revenue in Kentucky is Norton Hospital, with an NPR of $2.5 billion. However, the IDN in Kentucky with the highest NPR is Baptist Health, with an NPR of $3.5 billion.
| Characteristics | Values |
|---|---|
| Richest hospital in Kentucky by net patient revenue (NPR) | Norton Hospital |
| Norton Hospital's NPR | $2.5 billion |
| Norton Hospital's specialties | Cancer care, maternal care, spinal care |
| Second-highest NPR in Kentucky | UK Albert B. Chandler Hospital |
| UK Albert B. Chandler Hospital's NPR | $2.2 billion |
| Third-highest NPR in Kentucky | UofL Health – Jewish Hospital |
| UofL Health – Jewish Hospital's NPR | $1.1 billion |
| Number of hospitals in Kentucky | Approximately 135 |
| Number 1 hospital in Kentucky (according to U.S. News) | St. Elizabeth Healthcare Edgewood-Covington Hospitals |
| Best children's hospital in Kentucky (according to U.S. News) | Kentucky Children's Hospital in Lexington |
| Kentucky health system with the most hospitals | ScionHealth (92 hospitals) |
| IDN in Kentucky with the highest NPR | Baptist Health ($3.5 billion) |
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What You'll Learn
- Norton Hospital, Louisville: highest net patient revenue
- UK Albert B. Chandler Hospital, Lexington: nationally ranked
- Jewish Hospital, Louisville: high-performing
- St. Elizabeth Healthcare, Edgewood-Covington: top-ranked in Cincinnati metro area
- Kentucky Children's Hospital, Lexington: nationally ranked in paediatrics
Norton Hospital, Louisville: highest net patient revenue
Norton Hospital in Louisville, Kentucky, is the state's richest hospital in terms of net patient revenue. According to Definitive Healthcare data, Norton Hospital generated $2.5 billion in net patient revenue, making it the top-ranked hospital in Kentucky by this metric. Net patient revenue (NPR) is calculated from patient services, including commercial insurance, Medicaid, and Medicare payments, and it is a standard measure of a healthcare organization's financial performance.
Norton Hospital is part of the Norton Healthcare IDN, which provides comprehensive heart, cancer, paediatric, and women's healthcare services to the Louisville area. The hospital is also a teaching facility affiliated with the University of Louisville School of Medicine, offering specialised care in complex cancer treatment, maternal care, and spinal care.
In recent years, Norton Hospital has demonstrated financial growth. In 2023, the hospital reported an operating income of $76.3 million, a slight improvement from the previous year's figure of $76.1 million. This increase in operating income was attributed to a higher patient service margin. Additionally, Norton Healthcare's total revenue for 2023 rose by 12% to $4 billion, while expenses also increased by 12% to $3.8 billion. Despite higher expenses, Norton Healthcare ended 2023 with a net profit of $217.9 million, a significant improvement compared to the net loss of $89.9 million in 2022.
The high net patient revenue of Norton Hospital reflects its significant presence in the Kentucky healthcare market. The hospital's financial performance showcases its ability to generate substantial revenue through patient services and its position as a leading healthcare provider in the state.
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UK Albert B. Chandler Hospital, Lexington: nationally ranked
UK Albert B. Chandler Hospital in Lexington, Kentucky, is a nationally ranked hospital with a net patient revenue of $2.2 billion, making it the second-highest in the state. It is a 569-bed acute care hospital that opened in 1962 and is part of the UK HealthCare patient care enterprise.
The hospital is highly regarded for its specialty care, ranking in one adult specialty and two paediatric specialties. It is also rated as high-performing in five adult specialties and twelve procedures and conditions. UK Albert B. Chandler Hospital is the only hospital in Central and Eastern Kentucky with a Level I trauma centre, capable of handling the most severe traumas. Additionally, it is the only hospital in the area with a Level IV neonatal intensive care unit, providing intensive care for critically ill infants.
The hospital's performance has been recognised by US News & World Report, ranking it as the number one hospital in Kentucky and the Bluegrass Region in 2017. The report highlighted four major healthcare areas where the hospital achieved top 50 national rankings: cancer, neurology and neurosurgery, geriatrics, and diabetes and endocrinology. The healthcare system was also designated high-performing in several other adult specialties and common procedures.
UK Albert B. Chandler Hospital is committed to providing the best programmes and care available in Kentucky. The hospital draws upon the resources of six University of Kentucky colleges: Medicine, Nursing, Health Sciences, Dentistry, Pharmacy, and Public Health. It is located at 800 Rose Street, Lexington, and offers free parking for its patients and visitors.
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Jewish Hospital, Louisville: high-performing
The UofL Health-Jewish Hospital in Louisville, Kentucky, is ranked as "high-performing" by U.S. News & World Report in four specialty conditions and procedures. This recognition is given to hospitals that demonstrate exceptional performance in their respective areas. Only a small percentage of hospitals achieve this ranking.
The four areas in which Jewish Hospital has been recognised are:
- COPD
- Heart bypass surgery
- Heart failure
- Pacemaker implantation
The hospital's CEO, John Walsh, has stated that this achievement reflects the dedication of the hospital's physicians, nurses, and staff, who work to deliver exceptional, compassionate care.
The UofL Health-Jewish Hospital is a general medical and surgical facility. It is also the location of many firsts for Kentucky, including the first hand transplant, the first kidney transplant, the first open-heart surgery, and the first heart transplant. The Trager Transplant Center at Jewish Hospital is one of only a few hospitals approved by Medicare to perform a range of transplants. It is also verified as a Level I trauma center.
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St. Elizabeth Healthcare, Edgewood-Covington: top-ranked in Cincinnati metro area
St. Elizabeth Healthcare, Edgewood-Covington, is the top-ranked hospital in the Cincinnati metro area in Kentucky. It is located at 1 Medical Village Drive, Edgewood, KY, and is a general medical and surgical facility. St. Elizabeth Healthcare is a Roman Catholic healthcare system founded in 1861 by Henrietta Cleveland, with the support of the Roman Catholic Diocese of Covington and the Franciscan Sisters of the Poor.
St. Elizabeth began as a small hospital and has since grown to serve the Northern Kentucky and Greater Cincinnati region. Today, it operates six facilities across Northern Kentucky and Southeastern Indiana, including Covington, Dearborn County, Edgewood, Florence, Ft. Thomas, and Grant County. The healthcare system includes 169 St. Elizabeth Physicians' specialty and primary care offices throughout Kentucky, Ohio, and Indiana.
St. Elizabeth Healthcare Edgewood-Covington Hospitals is rated high-performing in 20 adult procedures and conditions. It is also rated in adult specialties, including pulmonology and orthopedics. U.S. News evaluates hospital performance in outcomes and access to care by socio-economics and demographics, helping patients decide where to receive care.
St. Elizabeth Healthcare has over 10,000 associates and a medical staff of nearly 1,600 physicians and advanced practice providers. It is deeply embedded in the communities it serves and is committed to providing quality care to all its patients.
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Kentucky Children's Hospital, Lexington: nationally ranked in paediatrics
Kentucky Children's Hospital in Lexington, Kentucky, is a nationally ranked paediatric hospital. It is a children's general facility and teaching hospital with over 30 paediatric specialties, including oncology and surgery. The hospital is dedicated to meeting the unique medical needs of children and providing compassionate care. It has Kentucky's only Level I paediatric trauma centre and Level IV neonatal intensive care unit.
Kentucky Children's Hospital is recognised for its expertise in treating children and ensuring their emotional and physical well-being. The hospital's rankings are based on various factors, including patient outcomes, nurse staffing, and patient satisfaction surveys. It is one of the top-performing children's hospitals in the nation, providing extraordinary care to Kentucky's children and families.
The hospital's providers include specialists such as paediatricians, surgeons, nurses, and therapists, all with experience in paediatric medicine and anatomy. They collaborate to offer treatment that considers what is best for the child and their family. The hospital also has specific equipment and programs tailored to children's needs, ensuring they receive the best possible care.
Kentucky Children's Hospital is committed to delivering exceptional paediatric healthcare. It serves as the first line of defence for Kentucky's children, offering advanced sub-specialty programs and comprehensive care for complex diagnoses and everyday concerns. The hospital's impact is evident in the stories shared by the families it has cared for, demonstrating its dedication to the well-being of Kentucky's youngest residents.
While Kentucky Children's Hospital is nationally ranked in paediatrics, it is not the richest hospital in the state in terms of net patient revenue. That distinction belongs to Norton Hospital, with a net patient revenue of $2.5 billion. However, Kentucky Children's Hospital's rankings and recognition reflect its excellence in providing specialised paediatric care.
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Frequently asked questions
Norton Hospital in Louisville is the hospital with the highest net patient revenue in Kentucky, with an NPR of $2.5 billion.
The Norton Hospital in Louisville is Kentucky's largest hospital, with 605 inpatient beds.
The University of Kentucky Albert B Chandler Hospital in Lexington is the state's second-largest hospital, with 569 acute care beds.
St. Elizabeth Edgewood Hospital is ranked as the number one hospital in Kentucky by U.S. News.
