Ted Giovanis

Theodore "Ted" Giovanis is an American healthcare policy expert, entrepreneur, professional race car driver and philanthropist known for his extensive work in healthcare policy and reform.

Ted Giovanis
Born	Theodore Nicholas Giovanis, Jr. December 28, 1945 Baltimore, Maryland
Nationality	American
Education	Master of Business Administration (MBA), Bachelor of Science (BS)
Alma mater	University of Baltimore Baltimore College of Commerce
Occupation(s)	Entrepreneur, healthcare policy expert, author, professional race car driver
Known for	Healthcare policy and reform
Spouse	Jayne Ann Koskinas ​ ​ (m. 1984; passed away in 2010)​
Children	Kristina Giovanis Allie Giovanis
Website	https://tedgiovanis.com/ted-giovanis/

He is the President and Founder of the Jayne Koskinas Ted Giovanis Foundation for Health and Policy (JKTG Foundation), an organization dedicated to funding research, advancing innovative solutions in healthcare, and influencing public policy. In 2023, Ted Giovanis expanded his impact through a $35 million gift to Johns Hopkins University.

Additionally, he is the president and founder of Team TGM Racing, a professional race team that participates in the International Motor Sports Association (IMSA) race series, racing in the Michelin Pilot Challenge (for GT4 cars) and the WeatherTech series (for GT3 cars).

Early Life and Education

Giovanis's early career was shaped by a strong commitment to understanding healthcare systems and their societal impacts. He earned his MBA in Finance-Management from the University of Baltimore, building on a foundational undergraduate degree in Accounting from the Baltimore College of Commerce. Following his academic achievements and his attainment of the prestigious Fellowship in the Healthcare Financial Management Association (FHFMA), Giovanis embarked on a professional path dedicated to enhancing healthcare finance and policy. His efforts have been focused on improving access to quality healthcare throughout the United States.

Professional Background

Before founding the JKTG Foundation, Giovanis spent over 40 years in healthcare administration, policy development, and advocacy. He held various executive roles, providing him with a comprehensive view of the complexities within healthcare systems, including regulatory, financial, and operational challenges. Giovanis has been recognized as a thought leader in healthcare policy and financial management, particularly in areas that affect hospital reimbursement, regulatory reform, and patient outcomes.

Throughout his career, Giovanis has held prominent positions, advised numerous healthcare organizations, and participated in public policy development. His deep understanding of healthcare reimbursement systems, along with his commitment to evidence-based policy, positioned him as a credible voice in the healthcare industry.

The Jayne Koskinas Ted Giovanis Foundation for Health and Policy

In 2012, Giovanis founded the JKTG Foundation in memory of his late wife, Jayne Koskinas, who battled breast cancer. Established to improve healthcare through research, policy, and philanthropy, the foundation supports projects that seek to enhance the delivery of healthcare services, explore healthcare economics, and tackle complex public health challenges. The foundation collaborates with academic institutions, research organizations, and policymakers to ensure that its projects are grounded in scientific evidence and have a practical impact.

Since its inception, the JKTG Foundation has awarded grants for research in health economics, biomedical science, and social determinants of health, partnering with institutions like the Johns Hopkins University and Oregon Health & Science University. The foundation is known for promoting innovative solutions in healthcare and shaping public policy innovative approaches and promoting interdisciplinary research, addressing issues that include cancer research, health disparities, and patient-centered care models.

Advocacy and Impact

Under Giovanis’ leadership, the JKTG Foundation has been influential in advocating for healthcare reform. He is known for supporting evidence-based research and pushing for policies that enhance healthcare delivery. Through white papers, public statements, and engagements with healthcare organizations and government agencies, Giovanis has contributed to shaping healthcare policy, particularly around cancer research, hospital reimbursement systems, and patient advocacy.

Giovanis has been actively involved in initiatives that aim to reform Medicare, reduce healthcare costs, and improve access to quality care. He has authored several publications and papers on healthcare reimbursement and policy, addressing key issues like patient safety, hospital compensation, and the role of innovation in healthcare delivery.

Philanthropy and Legacy

Beyond his professional achievements, Giovanis’ philanthropic efforts have made a lasting impact on healthcare policy and research. Through the JKTG Foundation, he has provided funding for transformative healthcare projects, emphasizing the importance of data-driven solutions and developing partnerships that bridge academia, policy, and practice.

In 2023, Ted Giovanis expanded his impact through a $35 million gift to Johns Hopkins University, specifically targeting metastatic cancer research. This funding supports initiatives at the Sidney Kimmel Comprehensive Cancer Center, aiming to advance understanding and treatment of metastatic disease. The gift enables researchers to explore innovative approaches in addressing cancer's spread and resilience, with the ultimate goal of developing more effective therapies for patients facing metastatic cancer.

His fight against federal healthcare regulations culminated in a landmark victory after a prolonged six-year legal battle. This journey, chronicled in his book Beyond Fear: How I Fought the Feds for Six Years—and Won, was spurred by his advocacy for fair Medicare reimbursements, which ultimately led to a historic court ruling. This legal triumph resulted in several billion dollars in reimbursement adjustments for hospitals across the country, marking a significant victory for healthcare providers and underscoring Giovanis's commitment to equitable healthcare payments.

Racing Experience

Ted Giovanis developed a passion for motorsports later in life, which evolved into a successful career as both a race car driver and a team owner. Giovanis began his journey in racing at the age of 46 in 1991 after purchasing a high-performance sports car. Recognizing he needed formal training, he attended the SCCA driving school and acquired a used BMW 2002 model race car, sparking his racing pursuits.

After years of regional and amateur races, he founded Team TGM in 2006 and began competing in the professional Grand American Road Racing Series. His team gained recognition, racing in prominent events like the IMSA Michelin Pilot Challenge and WeatherTech SportsCar Championship, including the 24 Hours of Daytona. In 2018, Team TGM secured the GT4 championship, earning accolades from AMG Mercedes. Giovanis continues racing in his 70s, having competed in events such as the Ferrari Challenge and placed in prestigious races like the Finali Mondiali.

In October 2024, Team TGM, achieved an unprecedented milestone by winning all three championships at Road Atlanta. The titles included the Driver’s Championship, Bronze Championship, and Team’s Championship. These championships were achieved in the IMSA Michelin Pilot Challenge (GS class).

Publications

• Focus Forward: Life Lessons from Racing (ISBN 978-1-63755-503-3), released by Amplify Publishing, November 7, 2023
• Beyond Fear: How I Fought the Feds for Six Years—and Won(ISBN 978-1-64543-511-20, published by Amplify Publishing, June 2021

Other websites

• Official website
• Jayne Koskinas Ted Giovanis Foundation for Health and Policy