# BayCare Health System

BayCare Health System is an Endowment / Foundation based in Clearwater, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Clearwater, United States
- **Region:** North America
- **Address:** 2985 Drew St, Clearwater, Florida, United States
- **Founded:** 1997
- **Assets under management:** 8200 (Altss estimate)
- **Website:** baycare.org
- **LinkedIn:** https://www.linkedin.com/company/baycare-health-system

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Healthcare Services
- Real Estate

## People

- Stephanie Conners — President and CEO

## 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.

### 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.

## Related profiles

- [Leicestershire Pension Fund](https://altss.com/profile/leicestershire-pension-fund)
- [British International Investment](https://altss.com/profile/british-international-investment)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/baycare-health-system

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