- News Releases
ROCHESTER, Minn. — Providing direct care for more than 1.3 million people, Mayo Clinic continues to advance its mission to be a trusted source for clinical quality, medical education and research discoveries that improve lives.
Mayo Clinic reported a strong financial position in 2015, with contributions of $505 million to its pension plan for employees and more than $600 million in capital projects.
“When we look at these numbers, we see people — our patients and our dedicated employees,” says John Noseworthy, M.D., president and CEO, Mayo Clinic. “We believe Mayo Clinic has a moral responsibility to provide compassionate care to patients who put their trust in us. We’re not just treating a symptom; our team of experts delivers a seamless, integrated experience that patients expect. Our results solidify our ability to deliver complex care to our patients and provide a secure future for our staff.”
For more than 20 years, Mayo Clinic has led the way in U.S. News & World Report rankings, with more No. 1 ranked specialties than any other hospital in the nation. In 2015, Mayo Clinic ranked first, second and third in all 12 data-driven specialties of U.S. News & World Report’s Best Hospitals rankings.
MEDIA CONTACT: Susan Barber Lindquist, Mayo Clinic Public Affairs, 507-284-5005, firstname.lastname@example.org.
“We thank our teams of employees for their respect, integrity, compassion and innovation,” says Jeff Bolton, vice president, Administration, Mayo Clinic. “Their strong focus on our patients and mission anchors us in the Mayo Clinic values that define us.”
Besides providing in-person care through its destination centers and integrated community care model Mayo Clinic Health System, Mayo continues to share its knowledge and provide virtual consultations to providers and patients through Mayo Clinic Care Network, its international network of member practices. With the addition of seven members in 2015, the Mayo Clinic Care Network now has more than 35 members based in the continental U.S., Mexico Puerto Rico and Singapore. These independent organizations represent more than 100 hospitals. Through them, nearly 10 million patients and their care teams have access to Mayo Clinic knowledge, clinical protocols and consultations.
The Center for Connected Care continues to expand Mayo Clinic’s reach. More than 16,000 telemedicine consultations across the institution, including eConsults, telestroke and video consults, were conducted in 2015. Also, almost 800,000 Mayo Clinic patients have Patient Online Services accounts providing them access to their medical record, lab results, appointment itineraries and secure messaging to their health care teams through Web and a mobile app.
“I am confident in our people and direction,” says Dr. Noseworthy. “We work together so patients continue to find hope and healing at all of our campuses.”
Extending Mayo Clinic care, information and guidance to people everywhere
From cancer care to training new doctors, Mayo Clinic continues to transform medical practice:
Supporting local community vibrancy, economic development and health needs
Mayo Clinic serves as an active participant in its communities:
Advancing the future of health care through research, education and thought leadership
The Center for Individualized Medicine, Center for Regenerative Medicine and Robert D. and Patricia E. Kern Center for the Science of Health Care Delivery, as well as its multisite Mayo Clinic Cancer Center and medical research across all departments and sites, continue to keep Mayo Clinic at the leading edge of scientific discovery and innovations in patient care:
2015 Mayo Clinic financial report
“Our strong financial position is the direct result of our work to redesign the medical practice and our disciplined financial stewardship,” says Kedrick Adkins Jr., chief financial officer, Mayo Clinic. “As the health care environment continues to change, we are optimistic we will continue to secure Mayo Clinic’s position as the global leader in health care.”
2015 financials include:
As anticipated, Mayo Clinic’s overall financial performance decreased in 2015 relative to the record performance in 2014, which had achieved the highest operating margin since 1986.
Mayo Clinic Consolidated Financial Report, December 31, 2015
Mayo Clinic Operational Performance 2011-2015
About Mayo Clinic
Mayo Clinic is a nonprofit organization committed to medical research and education, and providing expert, whole-person care to everyone who needs healing. For more information, visithttp://www.mayoclinic.org/about-mayo-clinic or https://newsnetwork.mayoclinic.org.
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