Rochester Home Infusion (RHI) serves a unique niche in the pharmacy market, providing individually compounded medicines to patients with ongoing intravenous (IV) therapy needs, but who are well enough to go home.
RHI is also unique in that it is one of the earliest medical businesses that chose to set its roots in downtown Rochester specifically because of DMC’s vision to coin Rochester as America’s City for Health.
“We provide patients with IV medications in the comfort of their own homes,” Joselyn Raymundo, founder and president of Rochester Home Infusion (RHI), tells Destination Medical Center (DMC) in an interview.
Home infusion has been around since the 1980s. It is safe, effective, and, according to Raymundo, preferred by most patients. “People tend to recover faster when they are at home with the support of their loved ones. And going home allows them to return to work or school and resume their normal lives” she says.
Rochester residents and visitors are now able to provide feedback on their local hospitality experiences in a one-minute online survey.
The Experience Dedicated Destination survey is just one facet of the Experience Accreditation program launched in April as a partnership between Mayo Clinic, the Rochester Convention & Visitors Bureau, and Destination Medical Center. It’s part of an overall effort to help make Rochester competitive in the worldwide healthcare market and position Rochester as a medical destination.
Getting feedback from visitors and community members on their experience with the program is important, says CVB Executive Director Brad Jones.
“. . . From a world-class education comes an unparalleled workforce ready to innovate in Minnesota’s growing economy. Minnesota Lt. Gov. Tina Smith has been at the forefront of our innovation economy as chair of the board of the Destination Medical Center Corp., an ambitious public-private partnership to grow Mayo Clinic and the city of Rochester into America’s City for Health. Smith and I have also worked closely with the University of Minnesota Medical School to ensure that our world-class medical facilities and technology companies have access to the best-trained medical workforce in our nation. Together these efforts will help ensure growth and opportunity for health care, businesses and residents for decades to come.”
As one of the first 2,500 companies allowed in Apple’s App Developer Program, Rochester’s own DoApp was making apps before apps were cool.
In 2008, DoApp was part of a whirlwind app-developing frenzy – and the start-up ultimately landed three of its products in the Apple Store.
“That put us on the map,” former DoApp CEO Wade Beavers told the Destination Medical Center in an interview. “Companies were calling us to develop apps for them – which we did for a period of time.” But eventually, DoApp had to focus on their own apps in order to build out the solutions they offer today.
After terminating its deal with a Saudi prince, the long-delayed Broadway at Center project is looking for new investors.
The $145 million hotel, apartments and commercial project, which was announced in March 2014, has been awaiting a $105 million loan to help finance the 23-story complex, planned for the southeast corner of Broadway Avenue and Center Street.
The loan from Minneapolis-based Dougherty Funding LLC was to close May 31, according to a letter sent to the city of Rochester. That date came and went with no deal being done.
If you want to know just how far Rochester’s entrepreneurial community has come in a few short years, ask Jamie Sundsbak.
As a Senior Program Coordinator at the Mayo Clinic and the founder of BioAM, a meet-up group for bio-business startups in southern Minnesota, Sundsbak says Rochester has “come a long way.”
“I know that many people don’t see that, but for those of us in the trenches, it has been a monumental shift,” Sundsbak told Destination Medical Center in a recent interview. “I have worked with fantastic people from all over the city who share a fantastic entrepreneurial vision and who have worked tirelessly to expand our ecosystem.”
Developers and investors are paying a lot more attention to Rochester, Minnesota, because of the massive Destination Medical Center build-out planned around Mayo Clinic and the supporting projects it’s likely to attract.
To help our subscribers keep tabs on growth and investment, Finance & Commerce has created a new online tracker called “Rochester on the Rise.” The tracker records commercial real estate sales we’ve spotted in public records as well as development proposals.
The Rochester on the Rise tracker only includes those projects and property sales vetted by Finance & Commerce writers. Still, we encourage readers to tell us if we’ve overlooked something or we need to update our tracker.