Mayo Clinic enters Georgia market with hospital merger

Mayo Clinic makes its entrance into the Georgia market for the first time with yesterday's merger of Satilla Health Services that includes a 231-bed hospital and two nursing homes, Georgia Health News reported. The new name will be Mayo Clinic Health System in Waycross. "Conversations are going on throughout the Southeast to look for relationships and affiliations with Mayo," Kenneth Calamia, the new CEO of the Waycross organization, said in the article. Mayo already has positions in its home base of Rochester, Minn., as well as Arizona, Florida, Wisconsin and Iowa.

Earlier this week, Chief Financial Officer Jeff Bolton said Mayo would invest 40 percent of a planned $3.5 billion over the next five years on "strategic investments," although he didn't elaborate on what they were. Article