According to a recent rating of hospitals by Newsweek, the United States has some of the greatest hospitals in the world, including the No. 1 overall best hospital.
Hospitals In USA – List of Top Hospitals In USA
The COVID-19 pandemic is still causing problems for hospitals around the world, and U.S. hospitals are now functioning in a difficult climate after losing the support they had been receiving for the previous two years during the pandemic. In addition to the commitment to research and innovation, Newsweek also took into account the quality of care when compiling the list.
Healthcare is one of the most profitable industries in America, with doctors earning substantial salaries and services costing so much that the majority of people must have health insurance. The US healthcare system has glaring difficulties and problems, in contrast to certain other industrialized nations like the U.K. and Canada, both of which rely on publicly financed healthcare and also have higher income tax rates to pay for these costs.
America has high per capita spending on healthcare
With data from the Centers for Medicare and Medicaid Services (CMS) indicating that as of 2021, National Health Expenditure (NHE) per capita in the U.S. stood at $12,914, America also has some of the highest per capita spending on healthcare. With a staggering $4.3 trillion in total spending or 18.3% of the entire pie, the health sector of the American gross domestic product (GDP) was one of the greatest in terms of overall expenditure. Private health insurance and out-of-pocket expenses continued to represent an unsettlingly high percentage of the total expenditure, accounting for $1.2 trillion, or 5.8% of it.
The federal government continued to be the major healthcare spender in the United States, contributing 34% of the total expenditure. State and local governments contributed another 15%, making up nearly half of all healthcare spending in the country.
Looking ahead, the CMS predicts that spending growth will keep pace with GDP growth through 2030, growing at a rate of 5.1% annually. However, it’s unclear how the present economic upheaval will affect these projections, especially given that a sizable portion of economists think the US economy may experience a recession later this year. Building on this, the World Health Organization reports that the United States spends the most per capita on healthcare in the world, at $11,702 per person, with Switzerland spending the second-highest amount at $8,493 per person. Switzerland, unlike England, does not have government-funded hospitals, but it does have universal healthcare, which prevents insurance companies from charging higher premiums.
The American hospital sector is a very profitable one as a whole. According to a Grand View Research analysis, the market for medical facilities in the United States would be worth $1.5 trillion in 2022. Despite its enormous size, the sector is expected to develop at a high compound annual growth rate (CAGR) of 7.62% between 2022 and 2030. By doing this, it is predicted that the industry would be valued at $2.5 trillion by the year 2030. Since the market shrank by 2.2% between 2019 and 2020 as hospitals were compelled to use all of their resources to treat COVID-19 patients, the coronavirus pandemic is partially to blame for this significant growth.
In fact, the early stages of the pandemic had a significant negative impact on hospitals’ revenue; from March to June 2020, a four-month period, hospitals lost more than $200 billion in revenue. According to Grand View Research, a backlog of all these cases may help the industry generate more cash, and as Americans’ life expectancies increase, more senior people are turning to these facilities for their medical requirements. Keeping all these details in mind, here is a list of the best hospitals in the US.
The Methodology Used
We researched the best hospitals in America from Healthgrades, U.S. News, and Newsweek to create our list, which is based on a consensus of opinions. A hospital’s rating was used to determine its score for the U.S. News and Newsweek rankings, while its total number of awards was used to get its score for Healthgrades. A final ranking was then calculated by averaging the scores. The lower the score, the better the hospital’s ranking. The top 25 hospitals in the United States are shown below, out of the final ranking of 35 hospitals.
Mayo Clinic
The Mayo Clinic system’s primary medical facility is located in Rochester. With numerous levels created by artists, it is also one of the more artistic hospitals. The hospital is renowned for its expert blending of operations and technology, and it has even created its own software for these needs. At the same time, since 2016, U.S. News has rated it as America’s greatest hospital. The best hospital in the United States, according to Newsweek, is Mayo Clinic in Rochester.
Cleveland Clinic
A non-profit hospital affiliated with the Cleveland Foundation is the Cleveland Clinic. Numerous medical facilities and hospitals are connected to it. The hospital was founded in the late 19th century and contains above thousand beds. On Newsweek’s list of the top hospitals in the country, the hospital comes in second. The Cleveland Clinic Journal of Medicine is its own medical publication.
Cedars-Sinai Medical Center
Los Angeles, California’s Cedars-Sinai Medical Center is a nonprofit medical facility. The Cedars-Sinai Medical Center has thousands of doctors and other medical professionals working there, and U.S. News ranks it as the second-best hospital in the country. The David Geffen Medical School at the University of California, Los Angeles (UCLA) is associated with the hospital. The hospital has a competitive advantage in areas of cutting-edge medical research including biomanufacturing and artificial intelligence, thanks to its location in California.
The Johns Hopkins Hospital
One of the top medical schools in the world, the Johns Hopkins School of Medicine’s teaching hospital is located at the Johns Hopkins Hospital. It has more than a thousand beds and is funded by both the government and the private sector. The ENT, neurology, and radiology departments at the hospital are among the best in the country. The Johns Hopkins Hospital also has the exceptional distinction of being the top-ranked American hospital by U.S. News for an incredible 21 years up until 2012.
Massachusetts General Hospital
Another teaching hospital of the Harvard Medical School is Massachusetts General Hospital, also referred to as Mass General. It was established in 1811 and is more than 200 years old. It is also the largest HMS teaching hospital. The hospital has accomplished a number of noteworthy feats, including the first anesthetic use and the reconnecting of a severed arm. A global second opinion service is also available.
Stanford University Medical Center
The Stanford University School of Medicine uses the Stanford University Medical Center as a teaching hospital. One of the few hospitals that has a helicopter is this one.
Northwestern Medicine
Northwestern Medicine is situated in Chicago, Illinois and it is a non-profit hospital.
New York Presbyterian Hospital
The Cornell and Columbia Universities are connected to NewYork-Presbyterian Hospital. With more than 2,000 beds, it is one of the biggest hospitals in the world.
Houston Methodist Hospital
Weill Cornell Medical College is affiliated with Houston Methodist Hospital. It has robust engineering medicine and biomedical research divisions.
Ronald Reagan UCLA Medical Center
One of the medical facilities at the University of California, Los Angeles is the Ronald Reagan UCLA Medical Center. It is one of the few medical facilities in America to have given birth to a Nobel Prize laureate.
