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On Thursday, Mayo Clinic posted an unaudited consolidated financial report from the first quarter on the Electronic Municipal Market Access website. The report showed revenue was up 6.9% over the same quarter in 2021, when Mayo Clinic reported $3.67 billion in revenue. However, the operating margin for Q1 2022 is 3.6%, which is well below the 6.6% margin that Mayo Clinic posted in the first quarter of 2021.
As convention business quickens in Rochester, hotels and restaurants see much-needed shot in the arm
But convention activity hasn't returned to pre-pandemic levels as the number of city hotels grew.
Eureka Kids, a Rochester child-care facility at 3675 Ninth St. NW, will double its capacity this fall after acquiring and remodeling an empty building, across Ninth Street from its current complex.