Rochester, Minn.-based Mayo Clinic eclipsed $1 billion in net operating income in 2019, the not-for-profit health system reported Tuesday. Mayo reported net operating income of $1.06 billion on revenue of $13.82 billion, up 72% from $617 million of net operating income on $12.6 billion of revenue in 2018. More than 1.2 million patients—from every state and more than 130 countries—received care at Mayo, marking a 2.1% increase in inpatient admissions and a 3.6% increase in surgery admissions compared with 2018. More than a third of Mayo patients… Read this article |