US EditionMayo Clinic to invest nearly $2 billion in Arizona hospital campus, hire thousands
- Mayo Clinic is expanding its campus in Phoenix, Arizona, with a $1.9 billion investment, adding 1.2 million square feet of space to increase clinical capacity by nearly 60%.
- In 2024, Mayo Clinic reported a record operating income of $1.29 billion, reflecting a 19% increase from the previous year.
- Mayo Clinic's expansion aims to enhance patient care and medical innovation, as stated by Dr. Richard Gray, CEO of Mayo Clinic in Arizona.
- The expansion is expected to add 1.2 million square feet, including 11 new operating rooms and 48 additional hospital beds.
13 Articles
13 Articles
Mayo Clinic’s $1.3B operating profit sets new yearly record
Mayo Clinic set a new record for operating profit last year as the Rochester-based health system continued seeing growth in patient visits for outpatient and hospital care. In 2022, Mayo was like many health systems in struggling to find enough…
Mayo Clinic plans $1.9 billion expansion at its Phoenix campus
PHOENIX, Ariz. — Mayo Clinic will expand its campus in Phoenix, Arizona, adding 1.2 million square feet of space in a $1.9 billion investment. The expansion, announced Monday, March 3, is part of Mayo Clinic's overall "Bold. Forward. Unbound." infrastructure projects, which includes the $5 billion "Bold. Forward. Unbound. in Rochester" plan and an ongoing expansion at the Jacksonville, Florida campus. "Through this work, we are physically and di…
Mayo Clinic to invest nearly $2 billion in Arizona hospital campus, hire thousands
On the heels of investing $748 million to double its north Phoenix hospital campus, Mayo Clinic plans to invest another $1.9 billion and add thousands more jobs. Here's what we know so far.
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