Mayo Clinic gets $10M donation to support 5 initiatives

Rochester, Minn.-based Mayo Clinic received a $10 million donation from The Louis Gerstner Jr. Fund at Vanguard Charitable to support several initiatives across the health system.

The grant will support five initiatives at Mayo Clinic's various care sites in Minnesota, Arizona and Florida. Mayo said the money will be used to advance research into augmented human intelligence in cardiovascular care as well as regenerative medicine for spine care. In addition, the grant will support ongoing educational opportunities for nurse practitioners and physician assistants.

"We are very appreciative to The Louis Gerstner Jr. Fund at Vanguard Charitable for their generous grant to Mayo Clinic that has provided us with the support needed to advance five focused initiatives across our three main locations," said Gianrico Farrugia, MD, president and CEO-elect of Mayo Clinic in Rochester and CEO of Mayo Clinic in Jacksonville, Fla. "We are grateful for the support and trust in Mayo Clinic to do what we do best. That is putting the needs of the patient first in all we do, including work in research and education."

More articles on healthcare finance:
$1.8M spent on ballot measure to limit charges of Palo Alto healthcare providers
RCM tip of the day: Use intradepartment relationships to address the revenue cycle blind spot
12 recent hospital, health system outlook and credit rating actions


© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Webinars

Featured Whitepapers