June 21, 2012

Mayo Clinic Rakes in Big Bucks for Health Reform

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Mayo Clinic will receive $60 million from the U.S. Center for Medicare and Medicaid Innovation to fund its efforts to improve U.S. health care — and save costs. Along with dollar amounts awarded for three grants that, together, equal the $60 million, Mayo has announced expected savings of $172.8 million for U.S. taxpayers. "Our commitment to innovation and patient-centered, high-value care will continue regardless of how the Supreme Court rules on the Affordable Care Act or how health-care reform evolves politically," Mayo CEO Dr. John Noseworthy was quoted by the clinic as saying. "What will remain constant is our unfailing focus on meeting the needs of the patient."

Additional coverage: News Medical

 

Post-Bulletin by Jeff Hansel

Tags: Affordable care act, Dr. John Noseworthy, Finanical, grant, Industry News & Competitive Intelligence, Post Bulletin, U.S. Center for Medicare and Medicaid Innovation

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