Ty Wilburn has a proven track record of building companies that create significant value for owners, shareholders, stakeholders, and investors. In his 45-year career, he has led both public and private companies, completed more than $3 billion in transactions and raised more than $1 billion in capital.
As Chairman and CEO of Merit Health Systems, a private equity backed hospital company, he built a team that took the company from $40 million in annual revenue and an EBITDA loss of $7 million to annual revenue of $320 million with EBITDA of $55 million. The company was very successfully sold in 2012. Earlier, at Community Health Systems, a public hospital company, he led a team that took the business from 9 to 41 hospitals and from $125 million to $650 million in revenue; took the company from NASDAQ to the NYSE; was elected CEO and led the go-private sale of the company for $1.2 billion. At Humana, then a hospital company, he held several senior executive positions, principal among them global head of M&A.
Mr. Wilburn has extensive experience in all sectors of health care, including hospitals, ambulatory centers, health care services, medical devices, software systems, and biotech. In 2019, he retired from the board of LHC Group, a $4.5 billion market cap public home care company. He also has significant experience in private equity, venture capital and all levels of public and private capital and equity markets.
A serial entrepreneur, Mr. Wilburn is co-founder and General Partner of The Yearling Funds, an early-stage venture capital firm. Between Yearling and his personal private investments, he has been involved with more than three dozen companies over the past 25 years. Mr. Wilburn holds BSC and MBA degrees, both with highest honors, from the University of Louisville. He is very proud to be an Eagle Scout.