Mark Rich

Mark joined Frazier Healthcare Partner in June 2022 on the Growth Buyout Center of Excellence team as a Partner, Finance & Operations.
He brings over 36 years of finance, strategy, M&A, and executive operations experience in integrated care delivery networks, value-based care, and physician practices/hospitals/ancillary providers.
Prior to joining Frazier, Mark was part of the group that founded Steward Health Care System LLC - the largest privately held and CMS’ most successful ACO in the country.
He served in various roles with Steward, including CFO of both the domestic and international companies, EVP of Global Operations, and Head of M&A.
In addition to overseeing the finance operations of Steward, Mark led efforts that resulted in the quadrupling of the System over a two-year period, and led both buy-side/sell-side M&A negotiations, including overseeing diligence and securing financing.
Mark also had overall responsibility for managed care strategy and contracting.
During his time at Steward, he led the organization through several revenue cycle management overhauls and integrations.
Mark was also involved in Steward’s international growth, leading acquisitions in the LATAM region and negotiating PPP contracts directly with the EU governments and government agencies.
Before Steward, Mark was the CFO of the largest community-based ACO in New England.
He also has an extensive background in consulting, having led the healthcare practice for a substantial Boston-based accounting and consulting firm for over 15 years.
His practice focused on financial strategy and planning, managed care, regulatory compliance, and turnaround assistance.
Additionally, Mark has served as Board Chair of an acute care teaching hospital and Chair of several audit/finance and compliance committees.