Healthcare Operations Executive

I run multi-site healthcare operations for private equity sponsors and health systems.

Twenty years running surgery centers, dialysis networks, and physician practices for KKR- and TPG-backed platforms, DaVita, and Atlas Healthcare Partners. In 2026 I built an AI-driven payer rate-intelligence platform. Now seeking my next operating seat.

Terry Forsyth
Terry ForsythIrvine, California
$200M+P&L Managed
60+Sites Led
33%EBITDA Over Budget
#2 of 129Clinical Rank
17×EBITDA Offer
2006 to present

Track Record

2026

Velocity Intelligence

Founder (independent venture between operating seats)
AI-enabled payer rate intelligence for surgical and physician platforms
  • Built, working solo with AI coding agents, a platform that parses the published negotiated rates of 30 payers (400+ TB) into market rate benchmarks for ASCs and physician groups
  • Delivered a paid multi-payer contract-position analysis to a national dermatology platform
  • Concluded the product belongs inside an operating platform; returning to a full-time operating seat
2025

Atlas Healthcare Partners

Vice President of Operations, Pacific Northwest
Health-system-owned ASC platform · 50 centers · $500M ASC revenue
  • Ran 19 ASCs simultaneously (15 Proliance, 4 MultiCare; ~$250M of ASC revenue), about 3× a typical VP span; built the JV Board case to exit a center burning $2M a year
  • Led the Atlas-Proliance MSO partnership, a $35M revenue opportunity with $12M EBITDA potential, across Proliance Surgeons' 15 ASCs and 160 independent orthopedic surgeons (a ~$500M physician-owned enterprise)
  • Opened the Yakima de novo (30 cases a month by October 2025); grew NeoSpine from 164 to 227 cases a month in four months; got all 15 Proliance ASCs ready for the one-day switch from Amkai to SIS Office on September 2, 2025
2021–2024
2016–2019

Mosaic Healthcare Solutions

Cofounder & Chief Operating Officer
Operator-led advisory and MSO management for independent physician owners · ~$50M revenue under management, ~$9M EBITDA
  • Built an ophthalmology platform (MSO, ASC group, co-management network) and priced $2M of surgical earnings and $1M of cost synergies into the offer, moving the practice from an 8× to a 17× EBITDA letter of intent from a PE-backed strategic
  • Took an ASC acquired at a distressed valuation from a $400K annual loss to $300K profit: volume doubled, survey passed, surgeons recruited
  • Stood up two physician MSOs (anesthesia 2016, ophthalmology 2018); raised teammate NPS across Mosaic's managed entities from 36% to 81%
2019–2021

AmSurg

Senior Division Vice President, Western United States
KKR portfolio company · $400M+ West division · directly ran 20 centers (~$200M) across CA, OR, AZ, and CO
  • Took over a book in its fourth straight year of declining earnings (core 16 centers: $40.9M to $32.0M EBITDA, 2016 to 2020); in Year 2 ran EBITDA 33% and revenue 16% over budget
  • Enrolled seven California ASCs as hospitals under CMS Hospital Without Walls, the only AmSurg centers in the country to do so: $2.5M of added revenue plus a $1.2M true-up
  • Built the four-year plan to protect $49M of at-risk revenue and add $78M; grew total-joint volume across eight centers from 188 cases (2019) to 647 (through August 2021); won board approval for the $20.9M Bend expansion (6 to 14 ORs)
  • Revived a collapsed four-way joint venture with a large Southwest health system and closed it in nine months; the deal modeled $30M of annual revenue against $9.5M standalone
  • Reorganized center leaders with home-office clinical, HR, revenue cycle, and finance support; Center Leader NPS rose from 25% to 93%
2011–2016

Surgical Care Affiliates

Vice President of Operations, California
TPG portfolio company · IPO · acquired by UnitedHealth/Optum ($2.3B)
  • Led a five-center region (~29K cases, ~$40M net revenue) through IPO and the $2.3B Optum acquisition; beat 2015 plan by 7% with 9% year-over-year growth
  • Built the physician, health-system, and payer platform at La Veta Surgical Center and closed its March 2016 merger with Barranca and the MemorialCare buy-in; the combined center tripled after 2016 into one of the nation's largest ASCs
  • Led La Veta's recapitalization, converting selling physicians' LP units to GP equity under a new SCA/MemorialCare co-GP at a 63% control premium
  • President's Award for bringing Dignity Health into a Ventura County partnership with SCA, a market carve-out from USPI's nationwide exclusive with the system
  • At La Veta, 2011 to 2014: cases per room per day from 4.7 to 7.1, annual cases from 7.3K to 11.1K, net revenue from $13.7M to $19.9M; partner distributions nearly doubled in two years
2006–2010

DaVita

Regional Operations Director, Michigan
Grew the region from 7 to 15 dialysis facilities · $30M revenue · 7 direct, ~150 indirect reports
  • Cut the catheter rate from 30% to 14% in one year (#2 of 129 regions, up from the bottom 5%); took every facility off the company's at-risk list within a year
  • Brought the region's four legacy Gambro facilities into the DaVita Way; opened four de novo facilities and two home programs (three in seven weeks) and never ran a negative-EBITDA center
  • Within six months took the region from the only one in the company missing its productivity index to the only one hitting every controllable-expense measure
Velocity Intelligence
Built in 2026

Velocity Intelligence

Payer rate intelligence for surgical and physician platforms

Payers publish every rate they negotiate. The files are too large for an operator to read. Velocity Intelligence parses them and shows a surgery center or physician group where it sits against its market, payer by payer and code by code.

30Payers parsed
400+ TBPublished rate files
What it proved

An operator can build with AI

Designed and shipped solo with AI coding agents. First client delivered in 2026: a multi-payer contract-position analysis for a national dermatology platform.

The product belongs inside an operating platform, and so do I. I am returning to a full-time operating seat with a working fluency in AI, data, and payer contract economics.

In one operator

What I Bring

20+ years

Multi-Site Operations

Turnarounds and integrations

Every seat

Physician Alignment

JVs, partnerships, distributions

2026

AI and Data

Built a payer rate platform with agents

Background

About

I run multi-site healthcare operations. For twenty years that has meant surgery centers, dialysis clinics, and physician practices at DaVita, Surgical Care Affiliates under TPG, AmSurg under KKR, and Atlas Healthcare Partners. The pattern is the same at every stop: take a portfolio that is underperforming or in transition, get the operating cadence right, align the physicians, and let the numbers follow.

Born in Chinhae, South Korea. Adopted to Utah at age 4. On a mission to Korea in 1994, I returned to my birth city and selected my own name: Cha Man (寬達滿), "broadness of heart, complete."

MBA
University of Michigan, Ross School of Business
BA, Korean
Brigham Young University
Languages
Korean and Korean Sign Language
Also
Eagle Scout. BYU Men's Chorus. Based in Irvine, California.
Contact

Let's Talk

Open to VP, SVP, COO, and division-president roles in multi-site healthcare, and to operations leadership at healthcare AI companies.