Cleveland Clinic

Cleveland Clinic CEO Says Operating Income Dropped by Half in 2016

Feb 15, 2017
photo of Toby Cosgrove

The Cleveland Clinic saw a substantial drop in operating income in 2016 -- more than 50 percent over the previous year. But as WCPN's Marlene Harris-Taylor for Ohio Public Radio, the clinic’s balance sheet is still in the black, with more than $243 million in operating income.

The Cleveland Clinic is now the largest employer in Ohio with more than 51,000 employees, according to CEO Toby Cosgrove.

photo of University Hospitals Emergency Room

University Hospitals is joining on to a regional trauma care system with MetroHealth Medical Center and the Cleveland Clinic. The move comes about a year after UH opened a trauma center on the east side of Cleveland.

MetroHealth and the Cleveland Clinic started the Northern Ohio Trauma System in 2010, intended to coordinate care for people in need of serious emergency medical attention.


A new study finds the jobs along Cleveland’s HealthLine corridor have nearly doubled since the state-of-the-art transit route was completed in 2008.   

Cleveland Clinic

Researchers at the Cleveland Clinic have completed the first human trial of a new procedure which uses deep brain stimulation to help patients recovering from a stroke.

The test patient suffered a stroke which paralyzed their left side. After a year of physical therapy, the patient underwent a procedure in which electrodes were implanted in a specific part of the brain. The electrodes connect to a device which generates electrical pulses.

Those pulses promote neuroplasticity, or the brain’s ability to form new connections.

Vice President Joe Biden

Vice President Joe Biden was in Cleveland today to talk about boosting cancer research.  He addressed the Cleveland Clinic Medical Innovation Summit.