There's just no way to talk about Minnesota's health care industry without using superlatives. Our reputation as a leader in health care services precedes us.
Our treatment and research facilities are the envy of the nation and world. And the sector is an extremely important part of the state's economy.
Harnessing the Power of the Mayo Clinic
The Mayo Clinic, the world's best known health care facility, is renowned for its top doctors, pioneering treatments, clinical trials and research. Half a million people including many heads of state from around the world travel to the Mayo clinic for their medical care each year.
The Minnesota Partnership for Biotechnology and Medical Genomics joins the scientific leadership of the University of Minnesota and the Mayo Clinic in a powerful research collaboration to position Minnesota as a world leader in biotechnology and medical genomics.
One of the first recipients of the Clinical and Translational Science Award from the National Institutes of Health, the Mayo is using federal funding to conduct clinical trials of treatments and drugs, and focus on developing tools that doctors can use to predict, prevent and cure human disease.
Other Top-Performing Hospitals and Health Care Nonprofits
Abbott Northwestern Hospital ranks among the nation's 100 top cardiovascular hospitals. Allina's Mercy Hospital in Coon Rapids and United Hospital in St. Paul were also on the list.
Fairview hospitals are among the top performers in the nation in key clinical outcomes. The Centers for Medicare and Medicaid Services project compared performance data on five clinical conditions, including heart attack, heart failure, hip and knee replacement, pneumonia and coronary bypass graft.
North Country Health Services in Bemidji and Regions Hospital in St. Paul have been recognized by the Minnesota Hospital Association Health Care Award for community health commitment by large hospitals. Lakeview Hospital in Stillwater has been similarly honored.
Children's HeartLink, a Minnesota-based nonprofit organization, partners with the most skilled coronary medical teams at leading hospitals around the world and with several device manufacturers to treat children with heart disease in some of the world's most impoverished countries.
Growing Demand for Health Care Services
The demand for health care services in Minnesota is expected to grow dramatically in the first three decades of this century.
By the year 2020, the number of Minnesotans over age 65 will have increased by 53 percent. By 2030, it will have doubled.
Aging, for both the population and the workforce, combined with growth and diversity, will present challenges and opportunities to the health care sector that are not fully anticipated.
While general employment in all industries is projected to grow 13 percent between the years 2004 and 2014, employment in the health care services sector will greatly outstrip that growth. In that time:
The job vacancy rate for health care practitioners and technical workers in Minnesota tends to be higher than all job vacancies statewide.
Most health care job vacancies in Minnesota include registered nurses; home health aides; nursing aides, orderlies and attendants and licensed practical and licensed vocational nurses.
To address the health care position vacancy issues, there are programs at the federal and state levels that provide financial incentives to licensed providers practicing in health professional shortage areas.
Good Health is Good for Business
Minnesota routinely ranks as one of the nation's healthiest states. And good health and health care is good for business.
Health is a key factor in labor force productivity is good health. Investments that enhance health services increase labor productivity and stimulate business growth.
Hospitals and clinics around the state make regular investments in facilities, equipment and staff to better serve patients.
St. Paul-based Regions Hospital has undertaken a $179 million major facility expansion and renovation project designed to meet the growing and highest-priority health care needs, including critical community health issues such as inpatient mental health and emergency health care services.
The Minnesota Department of Health provides a variety of grants to ensure medical and dental care and preserve access to pharmacists and prescription drugs in rural and underserved areas.
Minnesota ranks among the nation's best state for affordability and availability of health care and has one of the lowest malpractice costs in the nation.