Mayo Clinic

Filing Period

Jan 1, 2010 to Dec 31, 2010

Signed

Nov 15, 2011

Return Version

2010v3.4

Gross Receipts

$4,409,553,312

Mission

Major Activities

Activity 2

Patient care (see schedule o for description)mayo clinic is the first and largest integrated, not-for-profit medical group practice in the world. Our unique style of care brings together teams of experts to provide high-quality, affordable and compassionate care to each patient consistent with our primary value - "the needs of the patient come first". Mayo clinic's mission is "to inspire hope and contribute to health and well-being by providing the best care to every patient through integrated clinical practice, education and research". We combine our heritage of medical expertise with careful attention to individual patient needs, resulting in a thorough and personal approach to health care.to accomplish its mission, mayo clinic not only provides a variety of programs in direct patient care, medical education and research, but also serves as the parent organization of a multi-entity organizational structure consisting of hospitals, clinics, health care providers and other entities providing health care related services and knowledge delivery to the public throughout the world. Mayo clinic works collaboratively with its affiliated hospitals (mayo clinic - saint marys hospital and mayo clinic - methodist hospital) in rochester, mn to form an integrated medical center dedicated to providing comprehensive diagnosis and treatment in virtually every medical and surgical specialty. Mayo clinic is also the sole member of mayo clinic arizona and mayo clinic jacksonville which provide services to patients in the southwest and southeast regions of the us. In the midwest, mayo clinic health system serves over 70 communities in minnesota, wisconsin and iowa through a network of community-based physicians, hospitals and other health care providers to provide quality health care close to home but supported by the highly specialized expertise and resources of mayo clinic.utilizing common governance and shared systems, policies and procedures whenever possible, mayo clinic strives to provide consistent, high quality health care services and knowledge delivery regardless of where and how these are provided. A 31-member board of trustees composed of a majority of public members along with mayo clinic physicians and administrators ensure the entire organization remains true to its mission and culture of promoting the common good by providing for the health care needs of the public rather than for private benefit.patient care is the foundation of mayo clinic's mission. In determining that mayo clinic qualifies as a tax exempt entity, in a 1969 ruling from the irs, the patient care activities were found to contribute importantly to mayo clinic's educational and scientific research purposes and are of the scope necessary to achieve these purposes. Every year, people from all 50 states and nearly 150 countries come to mayo clinic for care. More than 3,700 staff physicians and scientists and 49,100 allied health staff provided services to over 1,050,000 patients in 2010. Hospital admissions across the entire organization totaled 123,000 with 571,000 hospital days of care provided. Program service expenditures for patient care activities were approximately $1.7 billion in 2010.mayo provides care to persons covered by governmental programs. Services are provided to both medicare and medicaid patients/residents at substantial discounts from standard fees. Charity care is also provided for patients that are financially unable to pay for services provided. The cost of uncompensated care provided through medicaid and minnesotacare (a program that provides medical assistance for low income populations) was approximately $76,293,113, and the cost of uncompensated care provided through medicare was approximately $270,201,458. The cost of charity care provided in 2010 was approximately $18,597,889.in 2010, out of system-wide revenues of $7.9 billion, mayo clinic and its affiliates provided quantifiable benefits to the broader community it serves of over $1 bil

Activity 3

Research (see schedule o for description)research: innovation and improvement in the science and delivery of health care is also enhanced through mayo clinic's research programs. Clinical practice observations become the basis for research studies, and the findings from research flow back into the practice to improve patient care and outcomes. It's an unbroken circle - with physicians, physician-researchers and career scientists working as teams to change the future of medicine and improve the health and well being of the public.mayo clinic is known as one of the premier medical research organizations in the world. Most of the staff physicians at mayo clinic participate in some research activities in addition to their medical practice. In addition, 388 physicians and scientists, 538 students and 2,300 allied health personal were engaged in research activities in 2010, including basic science research, clinical trials, translational research and human research studies. Over 5,000 research and review articles were published in peer-reviewed journals during 2010. Through our center for translational science activities (ctsa), mayo clinic collaborates with diverse community members to help community medical providers incorporate practice-based and research-based knowledge to improve overall community health outcomes and eliminate health disparities. In 2006, mayo became one of the first 12 institutions in the nation to receive designation and funding from the nih for its ctsa and is currently one of only 46 such centers in the us. Ctsa combined the activities of multiple activities within mayo clinic to develop the next generation of mult-disciplinary researchers, as well as innovative research tools and technologies to accelerate the translations of laboratory and clinical study findings into the application of new knowledge and techniques into the front lines of patient care. One critical component of mayo clinic's research efforts is the rochester epidemiology project, a collaboration that links together nearly all of the medical records of the residents of olmsted county in minnesota. This unique database provides an extensive date repository of medical care delivered to community residents for over half a century and is virtually unparalleled in the united states.examples of mayo clinic research in any given year are impressive and extensive. One example in 2010 is the landmark work of mayo clinic researchers andre terzic, m.d., ph.d., and atta behfar, m.d., ph.d., which shows that adult human stem cells can be programmed to effectively heal, repair and regenerate damaged heart tissue.another example is a promising new method of detecting breast cancers called molecular breast imaging (mbi). In a recent study, when high-risk women with dense breasts were screened for the first time using mbi, the procedure detected three times as many cancers in the group as compared to mammography. Yet another is a simple stool test, developed in part by mayo clinic physician david ahlquist, m.d., which could help in the detection and prevention of colon cancer. Other examples of 2010 mayo research include the following: - a new approach for sequencing rna to study cancer tumors. - a way to significantly reduce hospital-acquired c. Difficile infection. - a connection between gpc5 gene variant and lung cancer. - new information about tissue damage due to multiple sclerosis. - a new class of drugs for treating diabetes. - gene signatures that help explain the biology of clear cell renal cell carcinoma.funding of research activities at mayo clinic comes from over 4,200 grants and contracts as well as from mayo clinic funds and gifts from generous benefactors. Total expenditures for research activities in 2010 were approximately $452 million.

Filer

EIN

41-6011702