Mayo Clinic estimates that the reimbursements it receives for patient care will be cut 20 percent to 40 percent in the next five years because of a rapidly changing health-care system. But even with Standard & Poor's recent downgrade of its outlook on Mayo's debt, clinic CEO Dr. John Noseworthy said the nonprofit health-care provider is "in a very, very strong financial position."
Post Bulletin by Jeff Hansel
Tags: debt, Dr. John Noseworthy, Finanical, Industry News & Competitive Intelligence, patient care, Post Bulletin, reimbursements, Standard & Poor