In a bid to attract patients and employees from around the world, Mayo Clinic has announced a $5 billion initiative to develop its Rochester headquarters into a Destination Medical Center (DMC). This includes an earlier commitment in 2012 from Mayo Clinic to invest over $3 million in facility capital improvements in the Minnesota portfolio and beyond over the next 20 years.
An additional $2.1 billion in private investment to address the gap in patient visitor satisfaction between the experience on the Rochester campus and off the campus, according to a Mayo Clinic release, will be necessary to the success of the expansion. Desired improvements to the community touch on lodging, hospitality, entertainment and retail. As well, public infrastructure investment totaling $585 million is proposed to support the 20-year DMC expansion. This aspect of the DMC will be presented to the 2013 Minnesota Legislature for considerations, says the clinic.
"Ten years from now, there will emerge just a few medical centers with the reputation for health care excellence and patient-focused outcomes that will attract patients from all over the world to their flagship medical center," says John Noseworthy, M.D., Mayo Clinic president and CEO, in a press release. "Mayo Clinic not only intends to protect its current status as one of the world's premier medical institutions but to significantly expand our highly-effective practice model and medical assets to be clearly recognized as a global destination medical center for decades to come."
The clinic is Minnesota's largest private employer, with more than 32,000 employees in the state.
For more on the DMC, read/listen to the NPR Minnesota Public Radio report.
Mayo Clinic's plan for growth depends on taxpayer support
In a bid to attract patients and employees from around the world, Mayo Clinic has announced a $5 billion initiative to develop its Rochester headquarters into a Destination Medical Center (DMC).
By Healthcare Facilities Today
February 5, 2013
Topic Area: Project News for Healthcare Facilities
Recent Posts
Two Steps to Controlling the Hot Zone
Strategy for disrupting dry-surface biofilm begins with a simple premise: You cannot disinfect what you cannot reach.
RiverSpring Living Breaks Ground on River's Edge Senior Living Community
Occupancy is expected in December 2028.
Encompass Health Reveals Plans to Build Inpatient Rehabilitation Hospital in Post Falls, Idaho
The hospital is expected to open in 2028 and will be part of Encompass Health's national network of inpatient rehabilitation hospitals.
Creating Compassionate Spaces in Healthcare
A new bereavement room at the Children’s Hospital of Michigan NICU aims to provide peace and privacy for families.
Study Shows Connection Between Odor and Patient Experience
A 2024 study identifies the top smells in hospital waiting rooms and how they impact the patient and visitor experience.