Company: Mayo Clinic
CEO: Gianrico Farrugia, M.D.
Year founded: 1864
Headquarter: Rochester, Minnesota, U.S.
Number of Employees: 63,000
Type: Private
Annual Revenue (FY2021): $15.7 billion
Profit | Net income (FY2021): $1.2 billion
Products & Services: Health Books | Daily living aids | Healthy Living Program| Sports Medicine
Competitors: Kaiser Permanente | Intermountain | Healthcare and Providence Health & Services Cleveland Clinic | Dignity Health
Did you know? Mayo Clinic has been consistently ranking high in the U.S. News & World Report for five years. Plus, the medical center has its branches in all 50 states.
The Mayo Clinic is a non-profit medical center in the US, providing integrated healthcare research, care, and education. It is one of the top-ranked medical centers well-known for its quality healthcare services. Founded in 1864, Mayo Clinic is committed to providing premium quality care to patients every day.
Though there is no specific means to measure the quality of healthcare at a hospital or medical care center, Medicaid and Medicare have recognized Mayo Clinic for its quality and medical care. The world’s top medical center’s thirteen hospitals have received five stars. Six hospitals out of thirteen hospitals have the highest score for healthcare education.
Mayo Clinic Mission Statement
“Inspiring hope and promoting health through integrated clinical practice, education and research.”
Mission Statement Analysis
Mayo Clinic’s mission statement represents clear goals to promote better healthcare to people. The world-renowned medical center has a mission to impact people’s lives with quality healthcare. Here are the components of Mayo Clinic’s mission statement.
- Improving Healthcare
The first part of Mayo Clinic’s mission statement signifies the importance of promoting health through reliable medical care solutions. Since Mayo Clinic started working, it has tried to make healthcare accessible to everyone irrespective of where they live.
The medical center runs brilliant online consultation programs and provides easy-to-reach healthcare providers. It has plenty of accessible healthcare material and digital channels on the website. The medical center acknowledges that every person has the right to access good healthcare.
For example, the clinic has made its appointment system easy by introducing an integrated digital appointment system. That means patients can secure an appointment from the comfort of their homes.
- Upscaling Lives and Communities
Mayo Clinic’s priority is to serve the communities within the clinic’s operational regions, providing high-quality services. This goal is evident in the medical center’s mission statement. It strategically designs its healthcare programs in a way that can impact society. The scope and impact of the clinic don’t just stop at offering primary care.
Its care provision exceeds other services for local communities, showing its commitment and dedication to inspiring hope in patients. The clinic offers comprehensive group programs and spa services to upgrade communities’ wellness.
- Providing Quality Care Process
Mayo Clinic is well-renowned for offering high-quality and trusted medical care. The healthcare facility excels at everything from care processes and information packaging to research-related services. It offers quality that exceeds expectations to make it a leading institution and popular organization. Mayo Clinic’s various care services set it apart from other hospitals and healthcare centers.
Mayo Clinic Vision Statement
“Transforming medicine to connect and cure as the global authority in the care of serious or complex disease.”
Mayo Clinic’s vision statement is comprehensive and shows its desire to become a global leader in the medical care industry. The statement indicates the impact the clinic aims to make with its accessible and trusted solutions.
- Supreme Healthcare Experience
Mayo Clinic’s vision statement emphasizes unparalleled experience and trust building in the first part. It also underscores the clinic’s leadership position in the medical niche.
- Reliable Care Partner
Mayo Clinic aims to become a trusted and dependable partner along people’s healthcare journey. The clinic operates in three significant areas: clinical practice, research, and education. The combination of the services indicates that the clinic doesn’t just settle on what’s popular.
Its focus involves continuously upgrading the care process via innovations and technological advancements in diverse health-related areas. It’s why it has gained fame and prominence for its commitment to unrelenting clinical trials and research to offer a better medical process that can boost customers’ experiences.
Mayo Clinic Core Values
Mayo Clinic’s core values guide its mission, helping it promote a healthy and progressive culture and practices. In fact, the leading clinic’s critical values demonstrate the intent and vision of the founders, the initial Mayo physicians.
Here is a thorough analysis of Mayo Clinic’s core values.
- Integrity
The first value shows the clinic‘s aim to adhere to the high standards of ethics, professionalism, and personal responsibility so that patients trust the healthcare center.
- Respect
Mayo Clinic believes in “giving respect to get respect.” That is why it cultivates the value of treating everyone in a diverse community with respect and dignity. It includes patients, colleagues, and their families.
- Compassion
The clinic provides the best care and treats patients and their families with empathy and sensitivity.
- Teamwork
This value of the clinic is all about acknowledging contributions and valuing teams’ skills and collaboration.
- Healing
This value of Mayo Clinic inspires hope and nurtures people’s well-being by respecting their emotional, physical, and spiritual needs.
- Innovation
Mayo Clinic also intends to energize the organization by improving the lives of people via the unique talents and creative ideas of each employee.
- Stewardship
The clinic reinvests its mission and core values by managing its natural, human, and material resources.
- Excellence
The world’s reputed medical center shows the importance of delivering the best quality services and outcomes via the dedicated efforts of its team members.
References URLs
- Mayo Clinic, Mayo Clinic News Network Mayo Clinic
- Mayo Clinic, Mayo Clinic Mission and Values Mayo Clinic
- Mayo Clinic, Tell Us About Your Needs Mayo Clinic
- Mayo Clinic, Clinical Trials Mayo Clinic
- Featured image by Solen Feyissa
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