Michigan Hospitals Pull in $126.6 Billion Over a Year, But Still Trail Most States in Revenue Per Resident

Article courtesy of Bader Law

Michigan reports $12,486.10 in hospital patient revenue per capita, which is 12% lower than the national average ($14,186.74 per person).
101 hospitals in the state generated a total revenue of $126.6 billion over a year, and served 10.1 million residents.
A national ranking of hospital revenue found that Michigan placed 32nd overall.

A new analysis by injury lawyers Bader Law has identified how much Michigan hospitals’ revenue works out to per capita.

The research analyzed Medicare data from non-federal, short-term, acute care hospitals across all 50 states to determine which states have the highest patient revenue relative to their population.

Nationally, the average state reported a patient revenue of $14,186.74 per capita over the 12-month period.

In Michigan, this per-capita revenue is 12% lower than the U.S. average, at $12,486.10. The state reported a gross patient revenue of $126.6 billion, with 101 hospitals serving 10.1 million residents.

Michigan data: patient revenue per capita

Number of Hospitals	Gross Patient Revenue	Patient Revenue per Capita
101	$126.6 Billion	$12,486.10

In terms of how Michigan compares nationally, it ranked 32nd. The state that saw the highest patient revenue per person is Florida, while the state at the other end of the ranking is Maryland.

National ranking

Florida takes the top spot with hospital patient revenue reaching $532.3 billion across 222 hospitals, resulting in the highest per capita figure at $22,776.55.

Pennsylvania ranked second with $21,955.01 in hospital revenue per person. The state’s 177 hospitals generated $287.1 billion in gross patient revenue while serving 13 million residents.

Nevada secured third with $21,907.89 despite having only 32 hospitals. These facilities generated $71.6 billion in gross patient revenue for the state’s 3.3 million residents.

New York placed fourth with $18,606.96 in hospital revenue. The state’s 180 hospitals generated a substantial $369.7 billion in patient revenue while serving nearly 20 million residents.

Kentucky ranked fifth with $18,585.63. The state’s 74 hospitals generated $85.3 billion in gross patient revenue for its 4.6 million residents, nearly matching New York’s figure despite having fewer than half the number of hospitals.

Top 10 States with Highest Hospital Revenue Per Capita

Rank	State	Revenue Per Capita	Total Hospital Revenue	Number of Hospitals
1	Florida	$22,776.55	$532.3 billion	222
2	Pennsylvania	$21,955.01	$287.1 billion	177
3	Nevada	$21,907.89	$71.6 billion	32
4	New York	$18,606.96	$369.7 billion	180
5	Kentucky	$18,585.63	$85.3 billion	74
6	New Jersey	$18,079.27	$171.8 billion	76
7	California	$18,042.29	$711.4 billion	331
8	South Dakota	$17,873.49	$16.5 billion	23
9	Colorado	$17,862.88	$106.4 billion	60
10	Tennessee	$17,288.17	$125.0 billion	95

At the other end of the scale, Maryland reported the lowest hospital revenue per head at just $3,506.89, nearly seven times less than Florida. Despite having 49 hospitals serving 6.3 million residents, Maryland’s total hospital revenue was only $22 billion.

Wyoming ranked second-lowest with $7,008.90. The state’s 15 hospitals generated $4.1 billion in gross patient revenue for its 588,000 residents, still less than half of Florida’s per capita figure.

Montana placed third from the bottom with $8,486.93. The state’s 14 hospitals generated $9.7 billion in gross patient revenue while serving 1.1 million residents.

Hawaii ranked fourth-lowest with $9,185.08 in hospital revenue per capita. The state’s 14 hospitals generated $13.3 billion in gross patient revenue for its 1.4 million residents.

Utah secured the fifth-lowest position with $9,263.48 in revenue per capita. The state’s 36 hospitals generated $32.5 billion in gross patient revenue while serving 3.5 million residents.

10 States with Lowest Hospital Revenue Per Person

Rank	State	Revenue Per Capita	Total Hospital Revenue	Number of Hospitals
1	Maryland	$3,506.89	$22.0 billion	49
2	Wyoming	$7,008.90	$4.1 billion	15
3	Montana	$8,486.93	$9.7 billion	14
4	Hawaii	$9,185.08	$13.3 billion	14
5	Utah	$9,263.48	$32.5 billion	36
6	Oregon	$9,608.17	$41.0 billion	35
7	Iowa	$10,326.83	$33.5 billion	37
8	Idaho	$10,517.74	$21.1 billion	18
9	Nebraska	$10,597.66	$21.3 billion	28
10	Minnesota	$10,670.05	$61.8 billion	54

Seth Bader, spokesperson for Bader Law, commented on the findings:

“These substantial variations in hospital revenue per capita raise important questions about healthcare pricing, utilization, and access across different states. The nearly $20,000 gap between the highest and lowest states points to major differences in how healthcare systems operate across the country.

“States with higher hospital revenue relative to population may be experiencing a combination of factors, including higher medical costs, more intensive utilization of services, or different approaches to billing and reimbursement.”

Methodology:

Data on hospital revenue was sourced from the American Hospital Directory’s compilation of statistics for non-federal, short-term, acute care hospitals in each state. The statistics were taken from each hospital’s most recent Medicare cost report. The population for each state was sourced from the U.S. Census Bureau. The Gross Patient Revenue was used to calculate the revenue per capita for each state. States were then ranked from highest to lowest. Data was last updated for the year ending December 31, 2023.