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# Operating Partner, Healthcare Services with a PE Firm – Phoenix, AZ


Role Overview for Operating Partner, Healthcare Services with a PE Firm – Phoenix, AZ
JRG Partners is proud to partner with a premier, growth-oriented private equity firm in their search for a distinguished Operating Partner specializing in Healthcare Services. Based in the dynamic and expanding market of Phoenix, Arizona, this is a pivotal executive role designed for a seasoned leader with a profound track record of value creation within PE-backed healthcare companies. This is not a traditional advisory position; it is a hands-on, high-impact role where you will be instrumental in driving the operational and strategic transformation of portfolio companies from acquisition to exit.
The Operating Partner will serve as a critical link between the investment team and the management teams of the firm’s healthcare services portfolio. You will be the in-house subject matter expert, deploying your deep operational knowledge to identify, diligence, and ultimately scale businesses across various sub-sectors, including but not limited to physician practice management, dental service organizations (DSOs), behavioral health, home health and hospice, and other multi-site provider models.
Your primary objective will be to implement best practices, drive significant EBITDA growth, and maximize investor returns. You will act as a mentor, a strategist, and a hands-on leader, often embedding yourself within the portfolio companies to effect tangible change. This role requires a unique blend of C-suite leadership experience, financial acumen, and an unwavering focus on execution that is characteristic of the private equity landscape. You will be a key architect of success, shaping the trajectory of promising healthcare companies and contributing directly to the fund’s performance.
Key Responsibilities of Operating Partner, Healthcare Services with a PE Firm – Phoenix, AZ
The Operating Partner’s responsibilities are comprehensive, spanning the entire investment lifecycle. You will be a versatile executive capable of wearing multiple hats to drive results:
Pre-Acquisition Due Diligence
Collaborate closely with the deal team to evaluate potential investment opportunities. Lead operational due diligence, assess the target company’s management team, infrastructure, clinical quality, and scalability. Identify key operational risks and, most importantly, pinpoint specific levers for post-acquisition value creation. Develop the initial thesis for the operational roadmap.
Value Creation Plan (VCP) Development and Execution
For newly acquired companies, take the lead in formulating and implementing a detailed 100-day plan and a long-term VCP. This includes establishing key performance indicators (KPIs), defining strategic initiatives, setting budget targets, and creating a governance framework to ensure accountability and track progress against the investment thesis.
Hands-On Operational Leadership
Act as a senior advisor, board member, or in some cases, an interim executive (CEO/COO) for portfolio companies. Drive transformational change by leading initiatives in areas such as:

Commercial Growth: Optimizing sales and marketing strategies, refining go-to-market approaches, and improving patient acquisition and retention.
Operational Excellence: Streamlining clinical workflows, enhancing facility management, and implementing lean principles to improve efficiency and quality of care.
Financial Performance: Improving revenue cycle management, optimizing procurement and supply chain, and implementing rigorous cost control measures.
Technology & Systems: Overseeing the selection and implementation of critical technology platforms, such as EMR/EHR systems, practice management software, and business intelligence tools.

Executive Mentorship and Team Development
Serve as a coach and mentor to portfolio company CEOs and their senior leadership teams. Help them navigate the challenges of rapid growth and the demands of a PE-owned environment. Assist in recruiting and onboarding key C-level and VP-level talent to augment existing teams.
Strategic Growth and M&A Integration
Identify and execute both organic and inorganic growth strategies. This includes developing plans for de novo site openings, service line expansions, and leading the operational diligence and post-merger integration for strategic add-on acquisitions. Ensure that integrations are executed seamlessly to capture synergies and minimize disruption.
Performance Monitoring and Board Governance
Establish and manage a robust system for monitoring portfolio company performance against the VCP. Prepare and present detailed operational updates to the PE firm’s investment committee and the portfolio company’s Board of Directors, providing clear insights into performance, challenges, and forward-looking plans.
Exit Preparation and Management
As a portfolio company matures, work collaboratively with the investment team to prepare it for a successful exit (e.g., sale to a strategic buyer, secondary buyout, or IPO). This involves ensuring all operational improvements are sustainable, the management team is strong, and the growth story is clear and compelling to potential buyers.
Requirements for the Operating Partner, Healthcare Services with a PE Firm – Phoenix, AZ
The ideal candidate is a proven operator with a history of creating substantial equity value. The requirements for this role are rigorous and reflect its seniority and impact:
Executive Leadership Experience
A minimum of 15-20 years of progressive leadership experience, with a significant tenure in a P&L-responsible role such as CEO, COO, or President of a multi-site healthcare services company.
Private Equity Environment
Demonstrable and extensive experience working in a private equity-backed company is mandatory. You must have successfully navigated at least one PE investment cycle, from acquisition through to a successful exit. Prior experience as an Operating Partner is highly advantageous.
Healthcare Services Domain Expertise
Deep operational knowledge and a proven track record of success in one or more healthcare services sub-sectors. Experience in scaling businesses through both de novo growth and strategic M&A is critical.
Functional Skillset
Expertise across a broad range of functional areas, including strategic planning, financial management, business development, operational turnarounds, M&A integration, and technology implementation. Strong quantitative and analytical skills are essential.
Leadership and Interpersonal Skills
A ‘player-coach’ mentality with a hands-on, roll-up-your-sleeves work ethic. Exceptional emotional intelligence with the ability to build trust, influence outcomes, and provide constructive mentorship to executives. Superior communication and presentation skills, capable of effectively engaging with all stakeholders from the board room to the front lines.
Education
A Bachelor’s degree from a top-tier institution is required. An MBA or a relevant advanced degree (e.g., MHA, MD) is strongly preferred.
Location and Travel
The candidate must be based in or willing to relocate to the Phoenix, AZ metropolitan area. The role requires significant travel to portfolio company locations as needed to drive initiatives and provide leadership.
Benefits & Perks Offered
Our client offers a compensation and benefits package designed to attract and retain a leader of this caliber. The package reflects the significant value this role brings to the firm and its investments.
Executive Compensation
A highly competitive base salary and a substantial annual bonus tied to personal, portfolio, and fund performance.
Carried Interest
A significant and meaningful participation in the fund’s carried interest, providing the opportunity for exceptional long-term wealth creation aligned with the success of the firm’s investments.
Comprehensive Health Insurance
Premier medical, dental, and vision coverage for you and your eligible dependents.
Retirement Savings
A robust 401(k) plan with a generous company matching contribution.
Professional Development
An annual budget for executive coaching, industry conferences, and other professional development opportunities to ensure you remain at the forefront of the industry.
Paid Time Off
A generous paid time off (PTO) policy, including vacation, sick days, and company holidays.
Relocation Support
A comprehensive relocation package is available for the ideal candidate and their family.
How to Apply
JRG Partners is the exclusive search firm retained for this critical Operating Partner position. If you are a results-oriented healthcare executive with a passion for building great companies and a proven track record in a private equity setting, 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 specific examples of value creation. You can learn more about our focus in this area by visiting our page on our Private Equity Executive Search practice. We look forward to reviewing your qualifications.
Our client is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.