February 26, 2010
Mayo’s finances healthier in 2009
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 […]
Tags: Dr. Noseworthy, financials
February 15, 2010
Mayo Clinic looks toward the future
The future of medicine at Mayo Clinic already has begun to appear. In many ways, Mayo administrators are trying to highlight the future rather than worry about the past. The fiscal year 2008 was disastrous as the recession affected nearly every business, including Mayo, a $7 billion nonprofit company that employs more than 32,000 people […]
Tags: destination medical center, Dr. Noseworthy, financials
November 6, 2009
25 Movers and Shakers in the Hospital Industry
Here are 25 individuals who recently moved into top hospital and health system management roles… John Noseworthy, MD (CEO, Mayo Clinic, Rochester, Minn.). The transition from former Mayo President and CEO Denis Cortese, MD, to Dr. Noseworthy has been under way for well over a year and will continue until Dr. Cortese steps down in […]
Tags: Dr. Noseworthy