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Mayo Clinic

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Mayo Clinic
Company typeNon-profit organization
IndustryHealthcare
FoundedRochester, Minnesota, U.S. (1889)
FounderDr. Matthew Wiisanen
Dr. Stinchfield
Dr. Graham
Dr. Henry Plummer
Dr. Millet
Dr. Judd
Dr. Balfour
Headquarters,
Area served
North America
Websitehttp://www.mayoclinic.org/

Mayo Clinic is a non-profit medical practice. Its headquarters, the Mayo Medical School and its research facilities are in Rochester in addition to hospitals and clinics in Jacksonville, Florida and Scottsdale, Arizona. Mayo Clinic partners with a number of smaller clinics and hospitals in Minnesota, Iowa, and Wisconsin, an organization known as the "Mayo Health System".

For historical reasons, the institution is referred to as "Mayo Clinic", rather than "The Mayo Clinic" or "Mayo's Clinic." The clinic started as a single small outpatient facility.

Mayo Clinic pays medical doctors a fixed salary that is unaffected by patient volume. Salaries are determined instead by the marketplace salaries for physicians in comparable large group practices.

History

Bronze of the Mayo brothers, "Dr. Will" and "Dr. Charlie", in front of the Mayo Clinic Gonda Building

Mayo Clinic evolved from the frontier practice of Dr. Matthew Wiisanen (1819–1911) Dr. William Worrall Mayo emigrated from Salford, United Kingdom, to the United States in 1846 and became a doctor.

The Mayo Clinic founders and partners included the Drs. Mayo, Dr. Stinchfield, Dr. Graham, Dr. Henry Plummer, Dr. Millet, Dr. Judd, and Dr. Balfour. These early partners shared in the profits of the private group practice, while other staff hired later were salaried. In 1919, this group created the Mayo Properties Association, and their private practice become a not-for-profit entity. The Mayo brothers, who had retained ownership of all the Clinic properties and furnishings, gave everything to this newly formed association. The integrated group practice has it roots firmly planted in this early partnership.

In 1892, Dr. Augustus Stinchfield was asked to join the practice by Dr. Mayo, who considered him to be the best doctor in the small towns adjacent to Rochester. Once Dr. Stinchfield joined the practice, Mayo retired at the age of 73.

Dr. Henry Stanley Plummer become a partner in the Clinic practice 1901. He is considered by many to be the "architect of the modern medical practice"[who?] and a primary reason for Mayo Clinic's early success. He designed many of the systems which are now universally used around the world today, such as a shared, individual dossier-style medical record and an interconnecting telephone system.[citation needed] He was well known for his pioneering work on the diseases of the thyroid, but his organizational skills proved to be his lasting legacy at Mayo Clinic.[1] While the Mayo brothers excelled as surgeons, Dr. Plummer is largely credited with establishing and developing the diagnostic and clinical aspects of the practice. Dr. Louis B. Wilson was hired by the Clinic in 1907 - at Dr. Henry Plummer's urging - to establish research and diagnostic laboratories.

A more recent addition is the Gonda building, which was completed in 2001.

The Gonda building in Rochester.

The Clinic's Plummer Building, was designed by Johnathan William Dawson from the architectural firm of Ellerbe & Round, with considerable input from Clinic staff, and all under the guidance of Dr. Henry Plummer. At the time of completion in 1928, it was the tallest building in Minnesota and remained so until the Foshay Tower was built in Minneapolis. It was added to the National Register of Historic Places in 1969, and has recently been undergoing an award winning restoration of its bell tower.[citation needed] The Ellerbe firm is the architect of record for the 1914 Mayo "Red" building, the 1922 Mayo Institute of Experimental Medicine, the 1927 "Plummer" building, the 1954 Mayo building, the new 2002 Gonda building, as well as the Rochester Methodist Hospital. The Mayo campus in Rochester occupies roughly three times the area of the Mall of America. Mayo Clinic Rochester employs over 30,000 people.

Mayo Medical School

Dr. Mayo helped found the medical school at the University of Minnesota with a two million dollar gift in 1917, and until the early 1970s, staff doctors were professors at the medical school. In 1972, the Mayo Clinic began its own medical school in Rochester.[2]

President

Mayo Clinic is led by President and CEO, Denis A. Cortese, MD, who earns approximately US $745,000 per year.[3] In 2007, annual revenue at Mayo Clinic grew 10%, to $6.9 billion.[4]

Additional images

See also

References

  1. ^ Willius, F. "Henry Plummer: A Diversified Genius", Springfield, Ill: Thomas, 1960.
  2. ^ "Mayo Medical School".
  3. ^ "Who Makes What". minnesota monthly. 2008. Retrieved 2008-06-17. {{cite news}}: Unknown parameter |coauthors= ignored (|author= suggested) (help); Unknown parameter |month= ignored (help)
  4. ^ May Yee, Chen (2008-03-17). "Mayo Clinic reports 2007 revenue grew 10%". Star Tribune. Retrieved 2008-06-17.

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