Tampa General Hospital and the Tampa Bay Economic Development Council are partnering to grow the Tampa Medical and Research District

The purpose of the partnership is to establish Tampa as a globally known world-class destination
clinical care, academics, research and biotechnology.

TAMPA, Fla., 25 January 2023 /PRNewswire/ — Tampa General Hospital (TGH) and the Tampa Bay Economic Development Council today announced a partnership to expand and improve Tampa’s burgeoning medical and research district. This district, inspired by renowned medical districts in the nation’s largest cities, houses a growing hub of world-class clinical care, academics, research and biotechnology anchored by one of the largest academic health institutions in the country – Tampa General Hospital and the USF Health Morsani College of Medicine .

Together, through this partnership, the Tampa Medical and Research District will attract renowned clinicians and researchers, resulting in increased access to experts, cutting-edge research, education and technology for patients and students. Serves as a collaborative, economic engine for the greater good Tampa Bay area, the district will stimulate new partnerships and create prosperity through new jobs, thriving industries and a healthier population in this region. Additionally, and based on a study by the Washington Economics group, the district is expected to ultimately generate over 8.3 billion dollars in annual financial consequences for the state Florida each year and supports more than 57,900 jobs.

Tampa Bay not only serves as home to Tampa General Hospital/Florida Health Sciences Center, one of the nation’s leading academic health systems, but is a growing hub for innovation, research and biotechnology. This city is uniquely well-positioned to fuel a world-class medical and research district, and we are pleased to partner with the Tampa Bay Economic Development Council to further expand this and amplify its impact,” said John Courispresident and CEO of Tampa General Hospital/Florida Health Sciences Center.

Pursuant to the execution of a memorandum of understanding (MOU) between the two organizations, the Tampa Bay Economic Development Council will support Tampa General Hospital with a land use study and planning, the creation of strategic partnerships, talent attraction, recruitment of research and life science companies, workforce housing project identification and marketing services over five years.

More specifically, the Tampa Bay Economic Development Council will hire a new Director of Healthcare and Life Sciences to serve as project manager of the partnership with Tampa General Hospital. The organization will also provide additional strategic leadership, community development and administrative services as the district develops. The first steps will involve a survey of land within the existing boundaries defined by Tampa General Hospital to assess potential development and redevelopment sites for medical, research and healthcare business use.

“The Tampa Bay Economic Development Council is proud to partner with Tampa General Hospital to realize its vision for a globally recognized medical and research district,” said Craig J. Richard, CEcD, president and CEO of the Tampa Bay Economic Development Council. “This partnership aligns perfectly with the EDC’s own strategic plan objectives for business recruitment, placemaking and talent attraction and development – ​​allowing our team to bring to bear its diverse strengths in the creation and promotion of this innovative new district that will shape the economic future of our area.”

The healthcare industry is Hillsborough County fastest growing employment sector, adding more than 17,000 jobs since 2018. In the past decade, Hillsborough County the life sciences sector has transformed with the addition of global giants Bristol Myers Squibb, Johnson & Johnson, Amgen and Pfizer as well as innovative younger companies such as Axogen, Vycellix, Morphogenesis and Verséa Health. More than 80 colleges, universities and specialist education providers in Central Florida region ensure an ample supply of talent in the pipeline to drive industry growth.

ABOUT TAMPA GENERAL HOSPITAL

Tampa General Hospital, a 1,040-bed, not-for-profit, academic medical center, is one of the largest hospitals in America and provides world-class care as the region’s only center for Level I trauma and comprehensive burn care. Tampa General Hospital is the highest-ranked hospital in the market in US News & World Report’s 2022-23 Best Hospitals, and is tied for the third-highest-ranked hospital in Floridawith seven specializations that are ranked among the best programs in The United States. Tampa General Hospital has been named a model of excellence by the 2022 Fortune/Merative 100 Top Hospitals list. The academic medical center’s commitment to growing and developing its team members is recognized by two prestigious Forbes magazine rankings – first nationally in the 2022 America’s Best Employers for Women and sixth out of 100 Florida companies in the 2022 America’s Best Employers by State. Tampa General is the safety net hospital for the region, caring for everyone regardless of their ability to pay, and in fiscal year 2021 provided a net community benefit worth more than 224.5 million dollars in the form of health care for underinsured patients, community education and financial support for local health organizations i Tampa Bay. It is one of the nation’s busiest adult organ transplant centers and is the primary teaching hospital for the USF Health Morsani College of Medicine. With six medical helicopters, Tampa General Hospital transports critically injured or ill patients from 23 surrounding counties to receive the advanced care they need. Tampa General houses a nationally accredited comprehensive stroke center, and its 32-bed neuroscience intensive care unit is the largest on the West Coast of Florida. It is also home to the Jennifer Leigh Muma 82-bed Neonatal Intensive Care Unit and a nationally accredited rehabilitation centre. Tampa General Hospital’s footprint includes 17 Tampa General Medical Group Primary Care offices, TGH Family Care Center Kennedy, TGH Brandon Healthplex, TGH Virtual Health and 21 TGH Imaging operated by Tower ambulatory radiology centers throughout Hillsborough, Pasco, Pinellas and Palm Beach counties. Tampa Bay area residents also receive world-class care from TGH Urgent Care powered by the Fast Track network of clinics, and they can even receive home visits in select areas through TGH Urgent Care at Home, powered by Fast Track. As one of the largest hospitals in the country, Tampa General Hospital is the first in Florida to partner with GE Healthcare and open a clinical command center that provides real-time situational awareness to improve and better coordinate patient care at a lower cost. For more information, go to www.tgh.org.

AROUND TAMPA BAY ECONOMIC DEVELOPMENT COUNCIL

The Tampa Bay Economic Development Council is the lead designated economic development agency for Hillsborough County and the cities Tampa, Plant City and Temple terrace. Established in 2009 as a partnership between the public sector and private business investors, EDC works to promote a diversified local economy that benefits everyone by attracting, expanding and retaining quality employers, a talented workforce and investment, focusing on targeted industry sectors , including Corporate Headquarters, Financial and Professional Services, Information Technology, Life Sciences, Defense and Security, Distribution and Logistics, and Manufacturing. EDC exists because of the generous support of more than 100 companies, Hillsborough Countyand the cities in Tampa, Plant City and Temple terrace.

Media contact: Beth HardyAPR
Senior communications strategist
(813) 844-7322 (direct)
(813) 510-6363 (cell)
[email protected]

SOURCE Tampa General Hospital

Tampa General Hospital and the Tampa Bay Economic Development Council are partnering to grow the Tampa Medical and Research District

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