What you should know:
1. The health system earmarked $86 million for a Mankato, Minn.-based surgery center development as well as hospital, cancer center and campus expansions.
2. Mayo Clinic invested $648 million to expand its Phoenix campus, $190 million to expand a building in Rochester and $144 to construct a new building and parking garage in Florida.
3. In 2018, Mayo Clinic’s revenue grew 5.1 percent to $12.6 billion, and its net operating income reached $706 million. The system allocated more than $724 million for capital projects.
More articles on transactions/valuation:
Anchor Health Properties surpasses $1B after acquiring 4 medical office buildings — 4 insights
Surgery Partners & SurgCenter Development developing new centers & more — 9 ASC industry notes
Physicians ‘split right down the center’ on Georgia CON law — 4 details
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