Mayo Clinic is a not-for-profit medical practice and medical research group located in three metropolitan areas: Rochester, Minnesota; Jacksonville, Florida and Scottsdale/Phoenix, Arizona, as well as the Mayo Clinic Health System, which consists of more than 70 hospitals and clinics across Minnesota, Iowa, and Wisconsin. Mayo Clinic also operates several colleges of medicine, including Mayo Medical School, the Mayo Graduate School, and the Mayo School of Graduate Medical Education, Mayo School of Health Sciences. Mayo Clinic specializes in hard-to-treat diseases, and is known for innovative and effective treatments for diseases that had gone undiagnosed or under-treated in the same patients with other doctors. Mayo Clinic is known for being at the top of most accredited quality standard listings. For example, it has been near the top of the US News and World Report of Best Hospitals for 20 years. It accomplishes high medical quality through values such as "The needs of the patient always come first", by coordinating the efforts of its entire group of doctors, and by devoting over 40% of its resources towards research (rather than just medical practice). Mayo Clinic has been on Fortune magazine's “100 Best Companies to Work For” in America list for eight years in a row.
The clinic started as a single, small outpatient facility, and later became America's first integrated group practice, a model that is now standard in the United States. However, Mayo Clinic integrates the practice of over 1,700 medical doctors, making it much larger than the typical group practice of three to 100 doctors.
Since about the year 2000, Mayo Clinic has also become known for achieving high quality at low cost. One extensive study found that the cost paid by insurers to treat Medicare patients in their last three years of life (the most expensive years) was only 54% of comparable costs in nearby clinics and hospitals. Mayo Clinic has been researched and presented many times during the passing of the 2009 healthcare reform bills in US Congress as a model to reduce healthcare costs while increasing quality for the nation. However, Mayo Clinic issued an open letter stating the healthcare reform bills as written in July 2009 would not reduce costs or increase quality nationwide.
Mayo Clinic pays medical doctors a fixed salary that is unaffected by patient volume. This practice is thought to decrease the monetary motivation to see patients in large numbers and increase the incentive to spend more time with individuals. Salaries are determined by the marketplace salaries for physicians in comparable large group practices.
Mayo Clinic has taken full advantage of the breakthroughs discovered in the Galan Database. They have brought tissue regeneration to the point it is ready for medical practice. With the aid of the Warp Drive Project they have reverse engineered some of the medical tools found in The Gadget. They have likewise produced the first non invasive patient monitoring bed.
The real Mayo Clinic via Wikipedia.