Finanical

June 17th, 2014

Mayo, Scottsdale hospitals concerned about impact of Medicaid expansion

By Logan Lafferty loganlafferty

When Gov. Jan Brewer announced her plan to expand Medicaid under the Affordable Care Act, one of the few hospitals in Arizona to object was the Mayo Clinic. Under the plan, Arizona would pay for its share of the expansion by taxing hospitals and using the revenue to qualify for massive amounts of federal matching […]

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Tags: Affordable care act, Capitol Times, federal matching funds, federal reimbursements, Gov. Jan Brewer, medicaid, tax


February 7th, 2014

Tony Wirt: Mayo Clinic, unlike the Vikings, isn’t asking for a handout

By Logan Lafferty loganlafferty

So we’ve got an organization asking for public money to supplement their own contribution to new infrastructure and making quasi-veiled threats that if they don’t get it, well, they may just have to look at relocating. And the Vikings got what they wanted, right? But unlike the new stadium for Minnesota’s favorite football team, the […]

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Tags: destination medical center, infrastructure, Minnesota Vikings, Post Bulletin


June 28th, 2013

Mayo Clinic in the News Weekly Highlights

By Karl W Oestreich KarlWOestreich

    June 28, 2013 Mayo Clinic in the News is a weekly highlights summary of major media coverage. If you would like to be added to the weekly distribution list, send a note to Emily Blahnik with this subject line: SUBSCRIBE to Mayo Clinic in the News. Thank you. Karl Oestreich, manager enterprise media […]

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Tags: ABC News, AcademyHealth Annual Research Meeting, Ahram Online, Arizona, Athletes' Performance, Atlanta Journal-Constitution, Austin Daily Herald, Breast Cancer, California Cancer Registry, Cardiology, cigarettes, destination medical center


May 1st, 2013

Rural hospitals in Minnesota protest Blue Cross reimbursement cut

By Logan Lafferty loganlafferty

Dozens of the state’s rural hospitals are protesting what they see as potentially crippling changes in the way Blue Cross and Blue Shield of Minnesota pays them for medical services. Hospital administrators say the new calculation could reduce their payments by hundreds of thousands of dollars, potentially forcing layoffs or tax increases to make up […]

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Tags: Blue Cross, Blue Shield, financial pressure, layoffs, medical services, Star Tribune


May 1st, 2013

Linex among survivors raising awareness, funds for SCAD research

By Logan Lafferty loganlafferty

Originally brought together virtually through social media, Chicago-area survivors of a severe form of heart attack that often strikes healthy young women are gathering in Naperville, Ill. on May 4 to raise awareness and research funds for spontaneous coronary artery dissection (SCAD)…Corsicana’s Tanya Linex, who survived a heart attack Dec. 17 and had open-heart, double-bypass […]

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Tags: Corsicana, Corsicana Daily Sun, Dr. Marysia Tweet, Dr. Sharonne Hayes, heart attack, SCAD, Spontaneous Coronary Artery Dissection


May 1st, 2013

With Mayo millions aboard, Senate passes tax bill

By Logan Lafferty loganlafferty

The Minnesota Senate passed a tax bill late Monday that raises $1.8 billion in new revenue, expands the state’s sales tax and gives $455 million to the Mayo Clinic. But the passage didn’t come as easy as DFL leaders had expected. Minnesota Public Radio reports that the bill was initially defeated, 32-34, after which the […]

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Tags: Minneapolis/St. Paul Business Journal, Minnesota Legislature, Minnesota Public Radio, Minnesota Senate, state sales tax, tax bill


April 30th, 2013

On second try, Mayo Clinic’s DMC plan passes Senate

By Logan Lafferty loganlafferty

It took a do-over vote, but Mayo Clinic’s quest for state dollars to help support its ambitious expansion efforts cleared a critical hurdle on Monday night. Its passage, however, was anything but easy. On the first try, the Senate tax bill, which includes roughly half a billion dollars for Mayo’s Destination Medical Center initiative, failed […]

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Tags: destination medical center, DMC, do-over vote, Minnesota Legislature, Post Bulletin, state funding


April 29th, 2013

Minnesota Legislature makes welcome progress on Mayo

By Logan Lafferty loganlafferty

The Legislature seems to have found a way to say yes to Mayo Clinic’s call for help in building what it calls a Destination Medical Center in Rochester. Similarly structured provisions to help Rochester pay for the public infrastructure demands of a major Mayo expansion have landed in the House and Senate tax bills. The […]

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Tags: destination medical center, DMC, Gov. Mark Dayton, Minnesota Legislature, public infrastructure, Star Tribune, state tax, tax conference committee


April 29th, 2013

Mayo Clinic’s tax request may transform Rochester

By Logan Lafferty loganlafferty

Imagine a large atrium in Rochester where people could escape the harsh reality of a Minnesota winter. Land purchases and building demolitions in the city’s downtown would clear the way for projects that fit with growth at the Mayo Clinic, the health care giant that dominates the local economy…Those are some of the infrastructure ideas […]

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Tags: destination medical center, DMC, economic development, infrastructure improvements, Pioneer Press, tax request, taxpayer money


April 25th, 2013

House wraps $338 million for Mayo Clinic into tax proposal

By Logan Lafferty loganlafferty

The Minnesota House is giving Mayo Clinic most of what it wants.  Mayo had asked for about $585 million from the state to help it reinvent Rochester, and on Wednesday the House wrapped $338 million for Mayo’s Destination Medical Center project into the $2.6 billion tax proposal it approved on a 69-64 vote. The money […]

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Tags: destination medical center, DMC, Minnesota Legislature, Rochester campus, Star Tribune, state funding


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