CHICAGO -- A belief in innovation and flexibility helped the Mayo Foundation build a $1 billion-plus pile of money for itself. With the resources and outlook needed for risk taking, the nonprofit has seized on investment opportunities in a way most hospitals cannot.

Last year the Rochester, Minn., nonprofit boasted financial statements that are a picture of financial health: revenues topping $1.3 billion and net operating income above $35 million.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.