February 26, 2010

Mayo’s finances healthier in 2009

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-termnoseworthy 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


Additional coverage:

Modern Healthcare




Minneapolis / St. Paul Business Journal

Med City News


Pioneer Press



Tags: Dr. Noseworthy, financials, Finanical

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