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BayCare Health System
BayCare Health System was established in 1997 as a not-for-profit academic health care system. It operates hospitals and outpatient centers serving the Tampa...
BayCare Health System
BayCare Health System was established in 1997 as a not-for-profit academic health care system. It operates hospitals and outpatient centers serving the Tampa Bay region with nearly 33,000 employees. The system maintains a 4.05 percent allocation to private equity. Confirmed holdings include direct ownership of commercial properties such as the 36-acre Tampa Bay Park office parcel acquired for service consolidation and the former CVS site converted to an emergency department. Geographic focus remains Florida with additional exposure through public equity positions in Premier Inc. BayCare employs 32,785 professionals and maintains its headquarters in Clearwater. It operates adjacent vehicles including the BayCare Health System Foundation and BayCarePlus Medicare Advantage plans. In 2024 the organization completed disaffiliation from Trinity Health for $4 billion. BayCare maintains full ownership of operating subsidiaries such as BayCare Medical Group and BayCare HomeCare. This integrated structure allows investment decisions to align directly with clinical expansion needs and community benefit requirements.
General information
Firm type
Endowment / Foundation
Year founded
1997
Location
Region
North America
Country
United States
City
Clearwater
Corporate office
2985 Drew St, Clearwater, Florida, United States
Principals
Stephanie Conners
President and CEO
Altss tracks 2 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
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Frequently asked questions
Who runs investment decisions at BayCare Health System?
Stephanie Conners serves as President and CEO. Janice Polo holds the role of Executive Vice President and CFO with oversight of the investment portfolio.
Does BayCare participate in fund commitments or only direct deals?
BayCare holds a 4.05 percent allocation to private equity. It also executes direct real estate acquisitions for facility development.
Where does the underlying wealth come from?
BayCare generates resources from health care operations as a not-for-profit system. Returns support clinical programs and community health initiatives.
Does BayCare maintain philanthropic structures, and how are they separated?
The BayCare Health System Foundation serves as the primary philanthropic arm. It directs grants to local health and relief efforts separate from operating investments.
What investment stages does BayCare typically target?
BayCare focuses on direct real estate for operational facilities and maintains exposure to public equities and private equity funds.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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