DMC Corporation Board Member Bill George reported he has been agitating on the Mayo Clinic Board of Trustees for Optum Labs to move into the proposed Discovery Square biobusiness hub in downtown Rochester.
Discovery Square represents one of three key priorities of the DMC Corporation Board of Directors for 2015, and Mayo Clinic has taken the lead in developing this visionary space to attract international business and entrepreneurship in the medical sciences and technologies.
Mayo Clinic is currently funding a feasibility study for construction and development of Discovery Square through Minneapolis-based development firm Hammes Company.
Optum Labs launched in 2013 as a partnership between Mayo Clinic and Optum to merge clinical data with insurance/payer data to evaluate ways to bring greater efficiencies and improvements in patient care, while simultaneously decreasing costs.
Optum Labs is currently housed in Cambridge … If Discovery Square were up and running, I think Rochester would have been much more competitive in attracting that business, and we still have the opportunity to bring them here
— Bill George, DMC Corporation Board member