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Mayo Clinic

Mayo, a financial powerhouse, is poised to propel expansion

Mayo, a financial powerhouse, is poised to propel expansion

Mayo Clinic wants to invest billions of dollars of its own money in a project aimed at bolstering the medical center's position as a world destination for health care. The clinic is now trying to line up state subsidies and private investors to round out financing for what would be a grand expansion. But does Mayo itself have the money needed to pull off such a huge project?
by Martin Moylan

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Mayo vs. Vikings stadium: state aid requests compared

Mayo vs. Vikings stadium: state aid requests compared

The Mayo Clinic's request for taxpayer help to become what it calls a Destination Medical Center is drawing comparisons to the Vikings' bid for a new football stadium.
by Tim Nelson

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Mayo's expansion may create jobs, but how many?

Mayo's expansion may create jobs, but how many?

The Mayo Clinic said its planned expansion will create about 35,000 jobs in Minnesota; 10,000 to 15,000 of those jobs would involve direct employment at Mayo. Some experts are skeptical of the job projections.
by Annie Baxter

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Mayo expansion bill eases past 1st Capitol hurdle

Mayo expansion bill eases past 1st Capitol hurdle

A bill that would finance redevelopment around the Mayo Clinic's proposed expansion in Rochester is starting to move through the Legislature.
by Tom Scheck

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Some DFL lawmakers say Mayo Clinic finance plan is a bad idea

Some DFL lawmakers say Mayo Clinic finance plan is a bad idea

Some state lawmakers say questions the wisdom of financing public improvements around the Mayo Clinic's proposed expansion in Rochester. The health care provider announced a plan this week for investments totaling more than $5 billion over the next two decades that rely on about a half a billion dollars in taxpayer money. Even Gov. Mark Dayton expressed concern about the precedent it would set, but he said he doesn't want Minnesota to lose the clinic's headquarters.
by Tom Scheck

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Mayo Clinic's 'destination medical center' needs taxpayer help

Mayo Clinic's 'destination medical center' needs taxpayer help

Mayo proposes to invest billions over two decades to make Rochester and surrounding communities a "destination medical center." But to get that done, Mayo needs help from taxpayers.
by Elizabeth Baier

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Rochester lawmakers react to Mayo Clinic's expansion proposal

The Mayo Clinic wants to spearhead an estimated $5 billion in investments in and around Rochester as part of an ambitious plan that might cement the Mayo's ties to Minnesota and create what the clinic calls a "Destination Medical Center."

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Mayo Clinic seeking state help for major Rochester expansion

Mayo Clinic seeking state help for major Rochester expansion

The Mayo Clinic is proposing to invest $5 billion in Rochester and surrounding communities to build what the health provider is calling a "Destination Medical Center."
by Tom Scheck

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