Impact on Growth
The Mayo Clinic is the first and largest integrated, not for profit medical group practice in the United States (Rahul Kashyap, 2016). It was founded in Rochester, Minnesota, but today has expanded to six states, with five schools, and about 59,500 employees (Mayo Foundation for Medical Education and Research, 2015). The hospital have an enterprise revenue of 9.8 billion dollars annually, which is reinvest on research according with Mayo Clinic Critical Care Case Review publication of 2016. In 1863, Dr. William Worrall Mayo went to Rochester to provide medical care to the soldiers of the Union Army (Mayo Foundation for Medical Education and Research, 2015). He liked the city and established his …show more content…
In 1910, Dr. William J. Mayo in his commencement speech at Rush Medical College in Chicago, said “The best interest of the patient is the only interest to be considered, and in order that the sick may have the benefit of advancing knowledge, union of forces is necessary” (Mayo Foundation for Medical Education and Research, 2015). This statement becomes the primary value of the Mayo Clinic – the needs of the patient come first. According with Mayo Clinic Foundation for Medical Education and Research, their values are: Respect – to treat everyone with dignity, Integrity – to commit to the highest standards of professionalism, Compassion – treat everyone with empathy and sensitivity, Healing – nurturing the well being of their patients, Teamwork – value the contributions of all, Innovation – infuse and energize the organization through the creative ideas and unique talents of each employee, Excellence – deliver the best outcomes and highest quality of service, and Stewardship – sustain and reinvest in our mission (Mayo Foundation for Medical Education and Research, 2015). These values and their model of care of proving high quality care and compassionate medical care delivered in a multi specialty academic institution it was set the Mayo Clinic apart from others …show more content…
Mayo Clinic physicians and scienties relay in the use information technology applications, such as the electronic medical record (EMR) to validate and optimize new laboratory test, manage clinical trials, order genomic-based tests, retrieve the results and access new and improved decision support tools that guide provider to individually appropriate plan of care for the benefits of the patients. The Mayo Clinic Information Technology Program focuses in areas such as pharmacogenomic decision support, next-generation sequencing workbench, medical genome facility and bioinformatics support, next generation sequencing portal, biological annotation data repository (BioR), Mayo Clinic biobank data management infrastructure, variant exploration application, and large’scale variant management data infrastructure. These program support the Mayo Clinic by implementing rules in their EMR. For example, alert physicians to relevant drug-gene interactions to provide optimal treatment and dosing to patients. Also, laboratory results are shared to the appropriate clinical staff discrete and confidential through the EMR. These technologies provide a management of biological annotation data, which is available to physicians and researches to store, compare, validate and verify research data. The goal is to develop a single infrastructure to support individualized medicine activities