Mayo Medical Laboratories gets -- ALL OF CHINA... #RochMN
Mayo Clinic announced this afternoon that it has signed a "multiyear agreement" with Wuhan Kindstar Globalgen Technology, Inc. "to provide specialized laboratory support based on provision of knowledge from Mayo Clinic's Department of Laboratory Medicine and Pathology and its reference laboratory, Mayo Medical Laboratories."
Please keep in mind this is an information-sharing agreement. But the last I knew, Mayo Medical Laboratories here in Rochester, Minnesota needed many Fed-Ex flights weekly landing at the Rochester International Airport just to handle all the patient samples being sent from across the country.
The Superior Drive Support Center has a 100,000-square-foot, expansion-ready area set aside left over from the days when Celestica was housed at the site. Now the facility already hums starting very early in the morning as the first patient-sample shipments arrive and hundreds of workers check, verify, sort and label, then provide next-day results.
The new agreement to serve China "supports Mayo's efforts to improve patient care worldwide and expand Mayo Medical Laboratories' international activities with shared goals for providing high-quality patient care by helping physicians order the right tests at the right time."
The clinic in its announcement quoted Mayo Medical Laboratories CEO Dr. Franklin Cockerill as saying, "as Mayo Clinic collaborates with others to provide the best in health care, we extend the hope and healing of Mayo Clinic to people everywhere. It is how we bring our values to life, make our mission a reality, and achieve our global vision for the future."
His words summarize Mayo's increasingly open plans to go national, go international and bring "the Mayo model of care" to as many people as possible.
Kindstar offers sample testing to more than 2,000 hospital in China. The collaboration with Mayo will help Kindstar expand the tests it can offer.
According to Mayo, "Mayo Clinic will provide advice on tests, laboratory quality, and accreditation standards, as well as test information, including standard operating procedures (SOPs) and methodologies, to help Kindstar accelerate its development."
The clinic noted that it participated in Series B financing of Kindstar and will receive Kindstar equity as part of the collaborative agreement.
In my personal opinion, this is a transformative move for Mayo as it will bring dollars back to the clinic, and likely patients eventually as well. Mayo Medical Laboratories has agreements with testing labs all over the U.S.
Those labs send samples to Mayo in Rochester for rarely-done tests that Mayo Medical Laboratories can perform because it sees a high enough volume of samples to make the process viable. Typically, labs that submit samples to Mayo in Rochester can call and get treatment and diagnostic advice from experts.
Pulse on Health
By Jeff Hansel, member Association of Health Care Journalists
Health Reporter for the PostBulletin.com, 18 1st Ave. S.E. in Rochester, Minnesota 55904
Twitter Hansel's Pulse: @Jeff Hansel