Posted on February 26th, 2010 by Kelley Luckstein
The Mayo Clinic restored a healthy color to its finances in 2009, posting a 4.4 percent operating margin that meets its long-term targets, just one year after the clinic barely broke even.
Mayo reported Thursday that it had operating income of $333 million last year on total revenue of $7.6 billion.
"This past year, we had the opportunity to demonstrate that we can thrive in a difficult economic environment," said Dr. John Noseworthy, Mayo's president and CEO.
Star Tribune by Maura Lerner, 2/25/2010
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