Mayo Clinic

OverviewSuggest Edit

Mayo Clinic (also known as Mayo Foundation for Medical Education and Research, MFMER) is a not-for-profit organization that provides medical care, research, and education services. It offers medical care services in areas such as diabetes and endocrinology, gastroenterology, gynecology, neurophysiology, neurology and neurosurgery, orthopedics, pulmonology, rheumatology, nephrology, urology, and cardiology.
TypePrivate
Founded1864
HQRochester, MN, US
Websitemayoclinic.org
Employee Ratings4
Overall CultureB

Latest Updates

Employees (est.) (Jul 2022)39,110
Revenue (FY, 2021)$15.7 B(+14%)
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Mayo Clinic

Gianrico Farrugia

Gianrico Farrugia

Chief Executive Officer and President
Michael Powell

Michael Powell

Chair, Board of Trustees
Dennis E Dahlen

Dennis E Dahlen

Chief Financial Officer
Richard J Gray

Richard J Gray

Chief Executive Officer of Mayo Clinic in Arizona
Kent R Thielen

Kent R Thielen

Chief Executive Officer of Mayo Clinic Florida
Joshua B Murphy

Joshua B Murphy

Chief Legal Officer and Secretary
Show more

Mayo Clinic Office Locations

Mayo Clinic has offices in Rochester, Jacksonville, Phoenix and Scottsdale
Rochester, MN, US (HQ)
200 1st St SW
Jacksonville, FL, US
Davis Building, 4500 San Pablo Rd S
Phoenix, AZ, US
5777 E Mayo Blvd
Rochester, MN, US
1216 2nd St SW
Rochester, MN, US
201 W Center St
Scottsdale, AZ, US
13400 E Shea Blvd
Show all (6)

Mayo Clinic Financials and Metrics

Summary Metrics

Founding Date

1864

Mayo Clinic total Funding

$386.1 m

Mayo Clinic latest funding size

$15 m

Time since last funding

3 years ago

Mayo Clinic investors

Mayo Clinic's latest funding round in October 2019 was reported to be $15 m. In total, Mayo Clinic has raised $386.1 m
Show all financial metrics

Mayo Clinic Revenue

Mayo Clinic's revenue was reported to be $15.73 b in FY, 2021
USD

Revenue (FY, 2021)

15.7b

Net income (FY, 2021)

5.3b

EBIT (FY, 2021)

1.2b
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

13.7b13.9b15.7b

Operating expense total

12.8b13.2b14.5b

Depreciation and amortization

587.0m611.0m619.0m

EBIT

952.0m728.0m1.2b
Quarterly
USDQ1, 2020Q2, 2020Q1, 2021Q2, 2021Q3, 2021E

Revenue

3.2b3.2b3.7b4.0b4.0b

Operating expense total

3.2b3.1b3.5b3.5b

Depreciation and amortization

151.0m151.0m151.0m153.0m

EBIT

(30.0m)97.0m243.0m451.0m
USDFY, 2019

Revenue/Employee

399.7k
Show all financial metrics

Mayo Clinic Acquisitions / Subsidiaries

Company NameDateDeal Size
Bloomer Lakeview, Inc.
Cannon Valley Clinic Mayo Health System
Charterhouse, Inc
Destination Medical Center Economic Development Agency
Fairmont Medical Center-Mayo Health System
Mayo Clinic Ambulance
Mayo Clinic Arizona
Mayo Clinic Health System-Cannon Falls
Mayo Clinic Health System-Chippewa Valley, Inc.
Mayo Clinic Health System-Eau Claire Clinic, Inc.
Show more

Mayo Clinic Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Mayo Clinic Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Mayo Clinic Online and Social Media Presence

Embed Graph

Mayo Clinic Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    C+

    68/100

  • Compensation

    C

    63/100

  • Diversity

    A

    79/100

Learn more on Comparably

Mayo Clinic News and Updates

Mayo Clinic, Mercy working together on major 10-year data initiative

The collaboration, which will see the health systems working with deidentified data for algorithm development and validation, will focus on patient outcomes and aim toward "personalized, predictive and proactive medicine."

Mayo Clinic, Mercy collaborate to globally transform patient care

Innovative data science will enable patients to receive personalized, predictive and proactive medicine ROCHESTER, Minn. and ST. LOUIS, July 26, 2022 /PRNewswire/ -- A 10-year collaboration agreement between Mayo Clinic and Mercy — a first-of-its-kind alliance between two large health...

Turtle Health to Collaborate with Mayo Clinic to Bring Gynecology Care to Patients' Homes

BOSTON , June 21, 2022 /PRNewswire/ -- TURTLE HEALTH today announced its collaboration with Mayo Clinic to expand access to at-home gynecology care to women across the country. Turtle Health is a virtual gynecology clinic with the ability to offer a fully-at-home virtual consult, backed...

Mayo Clinic Platform working with BD for post-market device surveillance

Becton, Dickinson and Company will gain access to de-identified real-world evidence from Mayo Clinic Platform_Discover, using AI to gain insights into medical device safety and security and use that data to streamline its regulatory submissions.

Annals of Family Medicine: Mayo Clinic research identifies health care access challenges of rural patients

Mayo, University of Louisville School of Medicine researchers present intervention recommendations, including technology adoption for care, data collection ANN ARBOR, Mich., May 24, 2022 /PRNewswire/ -- Rural residents face immense challenges to accessing health care services for chronic...

New Weight Loss Survey on the Mayo Clinic Diet Polled Over 200,000 Americans

Health is the #1 Aspiration for American Dieters Who Are Considering Weight Loss ROCHESTER, Minn., May 23, 2022 /PRNewswire/ -- The New Mayo Clinic Diet, the official dietary program developed by the Mayo Clinic, today released key findings from its "Diet Mindset Assessment," a survey of...
Show more

Mayo Clinic Frequently Asked Questions

  • When was Mayo Clinic founded?

    Mayo Clinic was founded in 1864.

  • Who are Mayo Clinic key executives?

    Mayo Clinic's key executives are Gianrico Farrugia, Michael Powell and Dennis E Dahlen.

  • How many employees does Mayo Clinic have?

    Mayo Clinic has 39,110 employees.

  • What is Mayo Clinic revenue?

    Latest Mayo Clinic annual revenue is $15.7 b.

  • What is Mayo Clinic revenue per employee?

    Latest Mayo Clinic revenue per employee is $402.2 k.

  • Where is Mayo Clinic headquarters?

    Mayo Clinic headquarters is located at 200 1st St SW, Rochester.

  • Where are Mayo Clinic offices?

    Mayo Clinic has offices in Rochester, Jacksonville, Phoenix and Scottsdale.

  • How many offices does Mayo Clinic have?

    Mayo Clinic has 6 offices.