| #1 | University of California, San Francisco | San Francisco, CA | $48.9M | 96 | 97 |
| #2 | Washington University in St. Louis | St. Louis, MO | $45.4M | 44 | 45 |
| #3 | Columbia University | New York, NY | $29.1M | 39 | 52 |
| #4 | Northwestern University | Chicago, IL | $23M | 44 | 43 |
| #5 | UT Health Science Center Houston | San Antonio, TX | $21.9M | 36 | 35 |
| #6 | Yale University | New Haven, CT | $18.9M | 31 | 48 |
| #7 | University of Pennsylvania | Philadelphia, PA | $18.4M | 35 | 41 |
| #8 | University of California at Davis | Davis, CA | $16.7M | 24 | 28 |
| #9 | NYU Grossman School of Medicine | New York, NY | $16.5M | 30 | 34 |
| #10 | University of Texas at Austin | Austin, TX | $14.5M | 25 | 27 |
| #11 | University of California, Los Angeles | Los Angeles, CA | $13.9M | 28 | 31 |
| #12 | Johns Hopkins University | Baltimore, MD | $13.7M | 16 | 18 |
| #13 | University of Alabama at Birmingham | Birmingham, AL | $11.2M | 18 | 25 |
| #14 | University of Michigan | Ann Arbor, MI | $10.7M | 21 | 23 |
| #15 | Stanford University | Stanford, CA | $10.2M | 21 | 27 |
| #16 | University of Pittsburgh | Pittsburgh, PA | $8.1M | 15 | 13 |
| #17 | University of Cincinnati | Cincinnati, OH | $8.1M | 10 | 11 |
| #18 | University of Minnesota | Minneapolis, MN | $7M | 9 | 11 |
| #19 | UT Southwestern Medical Center | Dallas, TX | $6.8M | 12 | 13 |
| #20 | University of Iowa | Iowa City, IA | $6.5M | 11 | 12 |
| #21 | Icahn School of Medicine at Mount Sinai | New York, NY | $6.4M | 10 | 11 |
| #22 | University of Rochester | Rochester, NY | $5.7M | 12 | 15 |
| #23 | University of Miami School of Medicine | Coral Gables, FL | $4.7M | 8 | 8 |
| #24 | University of California-Irvine | Irvine, CA | $4.2M | 3 | 8 |
| #25 | University of Massachusetts Medical School Worcester | Worcester, MA | $3.8M | 8 | 6 |