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Karl W Oestreich (@KarlWOestreich)

Activity by Karl W Oestreich

Karl W Oestreich (@KarlWOestreich) posted · Fri, May 9 11:57am · View  

Mayo Clinic Trustees Welcome New Members

Armando Codina

Armando Codina

ROCHESTER, Minn. — The Mayo Clinic Board of Trustees welcomed Armando Codina and Diana Taylor as new members at its quarterly meeting today.

Codina is executive chairman of Codina Partners, LLC, a real estate investment and development firm based in Coral Gables, Florida. Codina formed Codina Partners in 2009 and through this entity and its affiliates is engaged in multiple real estate development and investment activities. The firm’s portfolio includes mixed-used projects, commercial buildings and other investments primarily in Florida. Previously, Mr. Codina served as chairman of Flagler, a full-service commercial real estate firm headquartered in Coral Gables. The company’s portfolio spanned more than 12 million square feet of Class-A office and industrial space throughout Florida.

Diana Taylor

Diana Taylor

Taylor joined Wolfensohn Fund Management, New York, as managing director and a member of the fund’s Investment Committee in 2007. From 2003 to 2007, she was superintendent of banks for New York state, overseeing the regulation for over 3,500 financial institutions with assets totaling over $1.5 trillion. Before her appointment as superintendent, she worked for Gov. Pataki of the State of New York, and she started her career as an investment banker at Smith Barney, then Lehman, then Donaldson, Lufkin & Jenrette working on financing health and education facilities.

The Mayo Clinic Board of Trustees, a 31-member group of public representatives and Mayo Clinic physicians and administrators, is responsible for patient care, medical education and research at Mayo Clinic’s sites in Jacksonville, Fla.; Rochester, Minn.; and Phoenix and Scottsdale, Ariz.


About Mayo Clinic
Mayo Clinic is a nonprofit worldwide leader in medical care, research and education for people from all walks of life. For more information, visit and

MEDIA CONTACT: Karl Oestreich, Mayo Clinic Public Affairs, 507-284-5005,

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Karl W Oestreich (@KarlWOestreich) posted · Wed, May 7 1:20pm · View  

Mayo Clinic launches ‘YOU ARE … THE CAMPAIGN FOR MAYO CLINIC’ to perpetuate medical care research and education

You are...The Campaign for Mayo ClinicPhilanthropic effort supports patient-inspired innovations

ROCHESTER, Minn. — To accelerate the pace of research, solve unmet needs of patients and improve the quality of health care, Mayo Clinic today announced a philanthropic campaign to raise $3 billion by Dec. 31, 2017, strengthening Mayo’s strategic priorities in patient care, research and education.

“Reliable funding is the biggest barrier to advance medical breakthroughs that can benefit patients suffering from diseases,” says John Noseworthy, M.D., Mayo Clinic president and CEO. “Traditional funding sources, such as federal grants, cannot cover the cost of discovering cutting-edge science and implementing those solutions in clinical practice.”

A focal point for the campaign is biomedical research. For example, funding will allow scientists and researchers to apply healthy tissues to regenerate and cure diseased organs; find trusted answers on diagnosis, prognosis and treatment of disease based on an individual’s genome and harness Mayo’s collective knowledge to improve the cost-effective delivery of quality health care.

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Karl W Oestreich (@KarlWOestreich) posted · Mon, Apr 21 1:36pm · View  

Destination Medical Center (DMC) Selects Subconsultant Team

Main Street Image for Destination Medical Center DMC

This artist rendition of Main Street is from the Rochester Downtown Master Plan.

ROCHESTER, Minn. — The Destination Medical Center Economic Development Agency (EDA) has selected the subconsultant team which will assist with the planning of the DMC Development Plan. The team includes:

  • Master Planner – EE&K, a Perkins Eastman CompanyDestination Medical Center DMC green and white logo
  • Infrastructure Planner – Kimley-Horn & Associates, Inc.
  • Transportation Planner – NelsonNygaard Consulting Associates
  • Market Analysis and Economic-Fiscal Consultant – AECOM

“This world-class team of planners brings a broad base of experience with projects globally, nationally and throughout the state of Minnesota,” says Lisa Clarke, interim executive director, Destination Medical Center Economic Development Agency.

The subconsultants were evaluated based on the selection process approved by the Destination Medical Center Corporation (DMCC). Selections were made based on the experience of the firm, capabilities of the team proposed, knowledge of the market, and strength of their response to the request for proposal among other factors.

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Karl W Oestreich (@KarlWOestreich) posted · Mon, Mar 3 2:04pm · View  

Mayo Clinic Reports Strong Performance in 2013, Reaching More Than 63 Million People

Mayo Plummer Building Reflecting in Gonda Windows

ROCHESTER, Minn. — Feb. 26, 2014 — As Mayo Clinic recognizes its Sesquicentennial year, the not-for-profit organization reached a record 63 million people in 2013. The strong performance was bolstered by successful implementation of new care delivery models — such as the Mayo Clinic Care Network — that provide knowledge to patients, physicians and consumers in traditional and new ways.

“Expanding our reach is not a new goal for us,” says John Noseworthy, M.D., Mayo Clinic president and CEO. “In fact, as we consider our history, growth has been a constant for 150 years.”


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Karl W Oestreich (@KarlWOestreich) posted · Mon, Feb 24 5:30pm · View  

Mayo Clinic 2013 Operational Performance Report


WHAT:Mayo Clinic Gonda BuildingAn opportunity to ask questions about Mayo Clinic’s 2013 performance.

John Noseworthy, M.D.
President and CEO, Mayo Clinic

Jeff Bolton
Vice President, Administration and CAO, Mayo Clinic

Noon CST/1 p.m. EST
Wednesday, Feb. 26, 2014

Audio news conference

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Karl W Oestreich (@KarlWOestreich) posted · Fri, Feb 21 4:45pm · View  

Mayo Clinic Trustees Welcome New Board Chair and Members, Recognize Retiring Members

Mayo Clinic Arizona campusPHOENIX — Feb. 21, 2014 — The Mayo Clinic Board of Trustees welcomed Samuel A. Di Piazza, Jr. as the new board chair and George Halvorson as a new member, recognized five retiring public members and three internal members who completed their tenure, and elected four new internal trustees.

Di Piazza replaces Marilyn Carlson Nelson, who is retiring from the board. Di Piazza recently announced that he was leaving Citi as vice chairman and a member of the Senior Client Executive Group to serve as Mayo Clinic’s Board of Trustees chair. Di Piazza joined the Mayo board in 2010. He joined Citi in May 2011 after a long career at PricewaterhouseCoopers as a partner and, ultimately, CEO from 2002 through 2009.


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Karl W Oestreich (@KarlWOestreich) posted · Fri, Feb 21 4:20pm · View  

Mayo Clinic Seeks Input For Film About 'Doc' Graham

ROCHESTER, Minn. — Feb. 7, 2014 — Most people are at least familiar with the name "Moonlight" Graham as a character in the book Shoeless Joe and the film “Field of Dreams," but fewer people know that "Moonlight” Graham was an actual person, not a fictional character. And long-time residents of the Chisholm, Minn., area who remember Dr. Archibald Graham as their beloved hometown doctor will have an opportunity to provide photos, film and other information as part of an upcoming documentary film on this remarkable man.

Baseball card of A.W. "Moonlight" Graham, New York Giants outfielder.

Archibald, "Moonlight" Graham was an outfielder for the New York Giants before embarking on a medical career.

Mayo Clinic is producing a film about Dr. Graham and his professional association with Mayo Clinic. As a right fielder for the New York Giants, "Moonlight" Graham had one of the shortest careers in major league history. As a beloved physician in Chisholm, "Doc" Graham had a long career of exceptional dedication and service. An intriguing character in “Field of Dreams,” he is an exemplar of professionalism and ethics in support of Mayo Clinic values. He was inspired by and contributed to the work of Mayo Clinic as a solo practitioner far from Rochester. His little-known story shows that professionalism, ethics and values resonate with community practices as well as large referral centers.

Dr. Graham's career spanned World War I, the influenza epidemic, the Great Depression, World War II and the Space Age. Over the course of his career, "Doc" Graham visited Mayo Clinic more than 90 times to attend continuing education courses, observe surgery and confer with colleagues. His 15-year study of blood pressure in children was co-authored by Mayo researchers and the published work set the standard in the medical profession.

Doctor Archibald "Moonlight," Graham examines school children.

Dr. Archibald, "Moonlight," Graham examines school children in Chisholm, Minn. (Circa 1937 at Washington School, Chisholm)

Dr. Graham completed his medical degree from the University of Maryland in 1905. While there, he also played on the school's 1904 and 1905 baseball teams. He obtained his medical license the following year and began practicing medicine in Chisholm, Minn. and served the people of Chisholm for 50 years. Dr. Graham died Aug. 25, 1965. He was 85 years old. He is buried in Rochester, Minn. [...]

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Karl W Oestreich (@KarlWOestreich) posted · Tue, Jan 28 5:38pm · View  

Blue Cross Blue Shield of Minnesota and Mayo Clinic Health System Announce New 3-Year Payment Contract

Blue Cross Blue Shield of Minnesota, the state’s leading nonprofit health plan and Mayo Clinic Health System, a family of clinics, hospitals and health care facilities owned by Mayo Clinic, announced today a new, three-year agreement that is designed to promote quality care while lowering overall costs.

Mayo Clinic Health System Logo

“Blue Cross and the Mayo Clinic Health System recognize that health care costs in Minnesota cannot continue on an unsustainable trajectory, especially when we still have material gaps in the quality of care,” Lee said. “Our respective organizations won’t be competitive in the marketplace unless we can demonstrate and be accountable for measured quality and overall cost of care for the people we serve. 

It's not just a payer issue or a provider issue. This agreement brings together the distinctive capabilities of each organization so that we can solve the problem together.”“This new type of contract works because it embodies shared priorities and purpose,” said Dr. Larry Lee, executive medical director for provider relations and quality at Blue Cross and Blue Shield of Minnesota.

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