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# Operating Partner, Healthcare Services with a PE Firm – Nashville, TN


Role Overview for Operating Partner, Healthcare Services with a PE Firm – Nashville, TN
JRG Partners is proud to represent a premier, growth-oriented private equity firm in their search for a distinguished Operating Partner specializing in Healthcare Services. This pivotal role, based in the vibrant healthcare hub of Nashville, Tennessee, is a unique opportunity for a seasoned executive to transition their deep operational expertise into a high-impact, value-creation-focused position within the private equity landscape. Our client is a top-tier investment firm with a multi-billion dollar fund, renowned for its collaborative culture, disciplined investment strategy, and a track record of successfully scaling middle-market companies into industry leaders.
As an Operating Partner, you will not be a passive advisor; you will be an integral part of the investment team, acting as a strategic force multiplier across the entire investment lifecycle. From identifying and vetting potential acquisitions to driving transformative growth within portfolio companies and orchestrating successful exits, your contributions will be direct, measurable, and critical to the firm’s success. You will serve as a C-suite peer, mentor, and strategic partner to the leadership teams of the healthcare services businesses in which the firm invests. This role requires a unique blend of executive leadership, financial acumen, strategic foresight, and hands-on operational grit.
The position is situated in Nashville, a city globally recognized as the capital of the U.S. healthcare industry. This strategic location provides unparalleled access to a rich ecosystem of healthcare innovation, talent, and deal flow. The ideal candidate will be a visionary leader with a profound understanding of the complexities and opportunities within the healthcare services sector, including but not limited to physician practice management, behavioral health, home and hospice care, revenue cycle management, and healthcare IT. You will be tasked with navigating the complex healthcare private equity landscape to identify market dislocations and unlock significant value. This is more than a job; it is a career-defining role for an executive who is passionate about building great companies and shaping the future of healthcare delivery.
Key Responsibilities of Operating Partner, Healthcare Services with a PE Firm – Nashville, TN
The Operating Partner’s responsibilities are broad and dynamic, encompassing the full spectrum of the private equity investment cycle. Success in this role will be defined by the ability to create tangible enterprise value across the portfolio.
Investment Thesis Development & Deal Sourcing
Collaborate with the investment team to refine and execute the firm’s investment thesis in target healthcare services sub-sectors. Actively leverage your extensive industry network to source proprietary deal flow and identify unique investment opportunities that align with the firm’s strategic objectives.
Pre-Investment Due Diligence
Lead and conduct in-depth operational, commercial, and strategic due diligence on potential acquisitions. Assess the target company’s management team, operational infrastructure, market position, competitive advantages, and growth potential. Develop a preliminary value creation plan and identify key risks and opportunities to be addressed post-acquisition.
Post-Acquisition Value Creation & Transformation
Partner with portfolio company leadership to develop and implement a comprehensive 100-day plan and a long-term strategic roadmap. Drive key value creation initiatives, which may include operational excellence programs, pricing optimization, sales and marketing acceleration, M&A integration, technology implementation, and service line expansion.
Portfolio Company Governance & Leadership Mentorship
Often serve on the Board of Directors for multiple portfolio companies, providing active governance and oversight. Act as a trusted advisor and mentor to CEOs and their executive teams, helping them navigate challenges, capitalize on opportunities, and build high-performing organizations. Facilitate the recruitment and development of key senior talent within the portfolio.
Performance Monitoring & Management
Establish and monitor key performance indicators (KPIs) and financial metrics to track performance against the investment thesis and budget. Drive a culture of accountability and continuous improvement, ensuring that management teams have the tools and support needed to achieve their goals.
Strategic Exit Planning
Work closely with the investment team and portfolio company management to prepare businesses for a successful exit. This includes positioning the company optimally in the market, strengthening the management team, ensuring robust financial reporting, and participating actively in the sale or IPO process to maximize shareholder returns.
Firm-Level Contribution
Serve as the firm’s in-house subject matter expert on the healthcare services industry. Share insights, best practices, and lessons learned across the portfolio and the firm. Contribute to investor relations, fundraising efforts, and building the firm’s brand and reputation in the healthcare community.
Requirements for the Operating Partner, Healthcare Services with a PE Firm – Nashville, TN
We are seeking a candidate with a distinguished track record of executive leadership and a deep, nuanced understanding of the healthcare services industry. The ideal profile combines operational excellence with a strategic, investor-centric mindset.
Executive Leadership Experience
A minimum of 15-20 years of progressive leadership experience, including significant time spent in C-suite roles (e.g., CEO, COO, President) within one or more healthcare services companies. Demonstrable experience managing a full P&L of significant scale ($100M+ in revenue).
Proven Track Record of Growth
A clear and quantifiable history of driving significant organic and inorganic growth. Experience leading companies through periods of rapid scaling, transformation, and market expansion is essential.
Deep Healthcare Services Expertise
Extensive operational experience in relevant healthcare services sub-sectors such as multi-site healthcare, physician practice management, behavioral health, home health, hospice, dental service organizations (DSOs), or related fields. Must understand the clinical, regulatory, and reimbursement dynamics of the U.S. healthcare system.
Private Equity Environment Acumen
Prior experience working in a private equity-backed company as a senior executive is highly preferred. A strong understanding of the pace, metrics, and governance models of PE ownership is critical. Direct experience as an Operating Partner or a senior advisor to a PE firm is a significant plus.
Mergers & Acquisitions (M&A) Experience
Hands-on experience leading or playing a key role in M&A activities, including target identification, diligence, and post-merger integration. Must be adept at evaluating strategic acquisitions to accelerate growth.
Financial and Analytical Skills
Strong financial literacy with the ability to dissect financial statements, analyze business drivers, and develop sophisticated operating models and budgets. Must be data-driven and metrics-oriented in decision-making.
Exceptional Interpersonal and Communication Skills
The ability to build rapport and credibility with a wide range of stakeholders, from investment professionals to CEOs and frontline staff. Must be an outstanding communicator, influencer, and mentor who can lead through influence rather than direct authority.
Education
An undergraduate degree from a top-tier institution is required. An MBA or other advanced degree (e.g., MHA, MD) is highly preferred.
Location
Willingness to be based in Nashville, TN, with significant travel to portfolio company locations as required.
Benefits & Perks Offered
Our client offers a highly attractive and competitive compensation and benefits package designed to attract and retain top-tier executive talent. This includes:
Competitive Compensation
A substantial base salary and a significant annual performance-based bonus.
Carried Interest
A meaningful participation in the firm’s carried interest plan, providing a direct stake in the success of the fund’s investments and significant long-term wealth creation potential.
Comprehensive Health & Wellness
Premium medical, dental, and vision insurance plans for you and your eligible dependents. A robust wellness program and other ancillary benefits are also included.
Retirement Savings
A 401(k) retirement plan with a generous company match.
Paid Time Off
A generous paid time off (PTO) policy, including vacation, sick leave, and paid company holidays.
Professional Development
A budget and support for ongoing professional development, including industry conferences, executive education, and networking events.
Relocation Assistance
A comprehensive relocation package is available for the selected candidate and their family, if applicable.
How to Apply
This is a retained search conducted exclusively by JRG Partners. If you are a transformative healthcare leader with the experience and ambition to excel in a high-impact private equity role, we encourage you to apply. To be considered for this confidential opportunity, please submit your resume and a cover letter detailing your relevant experience and qualifications. JRG Partners is proud to specialize in connecting top-tier talent with leading firms. To understand more about our focus, please review our work in the Private Equity Recruiting practice. We are committed to diversity and inclusion and welcome applications from all qualified individuals. All inquiries and applications will be handled with the utmost discretion.