What Would a $4B Mayo Clinic Investment in Minnesota Look Like?

Mayo Clinic threatens to move facility investments “four times the size” of the $1.1 billion U.S. Bank Stadium from Minnesota — what does that actually look like?

Kate Johansen, Mayo Clinic’s vice chair of external engagement, made the threat in an email sent to state DFL lawmakers and Gov. Tim Walz last week as part of a demand to change or kill the Keeping Nurses at the Bedside Act and the Health Care Affordability Board bills.

“As we have shared previously, Mayo has long been planning significant facilities and infrastructure investments in Minnesota. The investments would be entirely from Mayo’s resources and represent four times the size of the investment in U.S. Bank Stadium,” wrote Johansen. “They would result in excellent jobs for Minnesotans and, as promised by our contracting partner, the most diverse workforce on the project in state history.”

Quadrupling the U.S. Bank Stadium investment adds up to $4.4 billion. However, Johansen’s email did not detail the timeline for the investment or where in Minnesota it would be spent.

However, Mayo Clinic spokeswoman Heather Carlson Kehren provided more context.

“The potential investment is part of a multi-year, strategic initiative that aims to transform health care and focuses on Rochester,” wrote Carlson Kehren. Read more.

Total
0
Shares
Related Posts