CEO, Mayo Clinic
TCB Person of the Year 2014
Under Dr. John Noseworthy, named CEO in 2009, the Mayo Clinic has improved its financial position, launched what is likely the biggest local economic development project in the history of the state and steered the formerly stodgy clinic in a more entrepreneurial direction, with an emphasis on injecting innovation into the health care establishment. That includes investments in Mayo’s Center for the Science of Health Care Delivery, which Noseworthy has tasked with finding the “Holy Grail of health care”— delivery of higher-quality care at lower costs. It’s even more imperative as insurers such as Medicare shift to “value-based” systems rewarding overall outcomes and cost efficiencies.