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Mayo Healthcare company history timeline

1950

Mayo Clinic switchboard, circa 1950

1959

In 1959, Austin Clinic significantly expanded its Austin base of operation by opening up another new clinic to meet the increasing demand for medical care in the community.

1964

1964: The Mayo Properties Association is renamed the Mayo Foundation.

1972

Mayo Medical School, now known as Mayo Clinic Alix School of Medicine, opened its doors to its first class of 40 students in 1972.

1973

Mayo School of Health-Related Sciences opened in 1973.

1983

And in 1983, the first class was admitted to the Mayo Clinic Medical Scientist Training Program, an M.D.-Ph.D. joint degree program offered collaboratively by Mayo Clinic Alix School of Medicine and Mayo Clinic Graduate School of Biomedical Sciences.

1986

In 1986 the foundation created a subsidiary called Mayo Management Services, Inc. (MMSI) to operate a Minnesota-based health maintenance organization (HMO) called Mayo Health Plan.

In 1986, the Clinic, St Mary’s Hospital, and the affiliated Rochester Methodist Hospital merged as an integrated center of medicine with total assets of $1 billion.

1987

Also in 1987 the original Mayo Clinic in Rochester went smoke-free, becoming one of the first medical facilities in the country to do so.

1989

In 1989, St Olaf Hospital and the Austin Clinic entered a joint venture and worked closely with one another throughout the years.

1992

1992: Foundation begins building a regional network of community-based clinics and medical centers, the Mayo Health System.

1993

The pressure on the Mayo Foundation to find alternative revenue sources was highlighted in 1993 when the foundation had an operating loss of $6.2 million, its first year in the red since the Great Depression.

1994

In early 1994 the Mayo Clinic announced that it would cut 450 jobs in an effort to save $18.5 million.

1995

When they became affiliated with Mayo Clinic Health System in 1995, the medical entity became known as Mayo Clinic Health System in Austin.

1996

Mayo School of Continuing Medical Education, now named Mayo Clinic School of Continuous Professional Development, was established in 1996.

1998

Also in 1998, in a partnership with a leading housewares retailer, the Mayo Clinic/Williams-Sonoma Cookbook was published.

Earnings fell 50 percent in 1998 from the previous year, to $86 million, in large part as a result of an estimated $85 million loss on Medicare patients.

1999

1999: Foundation enters into a joint venture with the Shansby Group to develop an interactive healthcare web site.

2011

On May 23, 2011, Mayo Clinic and Mayo Health System rebranded their integrated system to be known as Mayo Clinic Health System.

2014

The school celebrated its 25th anniversary in 2014.

2015

In 2015, Mayo Clinic Alix School of Medicine announced a national expansion of its education programs.

2018

In 2018, DiversityInc named Mayo Clinic to its Top Hospitals and Health Systems list for the seventh straight year.

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Founded
1939
Company founded
Headquarters
Northfield, VT
Company headquarter
Founders
William Mayo
Company founders
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Mayo Healthcare may also be known as or be related to MAYO HEALTHCARE INC, Mayo Healthcare, Mayo Healthcare Inc and Mayo Healthcare, Inc.