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Does Mayo Clinic pay taxes on business revenue? It depends

Mayo Clinic does pay taxes on unrelated business income, but the taxable revenue "is not cut and dried for each category." ....

Karl Oestreich , Jeff Kiger , Mayo Clinic , Business Income , Mayo Clinic Laboratories ,

'Other' revenue from oil wells, stores and more add to Mayo Clinic's bottom line

In the shadow of the big numbers in Mayo's annual financial report is a small column near the end, marked: “Other Revenue.” It accounted for $1.13 billion in 2021. That’s up from $1.11 billion in 2020. ....

United States , Karl Oestreich , Jeff Kiger , Latigo Petroleum , Mayo Clinic , Barbara Woodward , Clinic Spokeswoman Susan Barber Lindquist ,

Mayo Clinic halts scheduling of out-of-network Medicare Advantage patients

The Mayo Clinic in Minnesota is no longer scheduling appointments for patients in most Medicare Advantage plans, and has been gradually notifying patients throughout the year, in a move that could have consequences for insurers operating plans in the area, according to a Mayo Clinic spokesperson. Some insurers, such as UnitedHealthcare, have been negotiating with the Mayo ....

United States , New Mexico , Karl Oestreich , Dustin Clark , Centers For Medicare , Medicaid Services , Mayo Clinic , Medicare Advantage , Star Tribune , Healthcare Finance ,

Mayo Clinic says denying non-contract Medicare Advantage patients access is not about money

It was recently reported by the Star Tribune that some patients who are covered by Medicare Advantage insurance plans that do not have contracts with Mayo Clinic, like Minnesota’s UnitedHealthcare, are being denied treatment. ....

United States , Karl Oestreich , Cheryl Damberg , Rand Corp , Mayo Clinic , Medicare Advantage , Star Tribune , Cross Blue Shield Minnesota ,