A highly experienced executive, versed in running large, multi-location complex organizations, Andrei led four successful turnarounds, managed multi-hospitals large systems, partnered with PE firms several times, and participated in two successful exits. Andrei has a demonstrable history of operational excellence, creating significant growth, efficiency improvements and quality outcomes for the organizations he worked with. Of note, he attained the budgetary, quality and service goals for all the teams he served in the last 14 years. He had a path of continuous growth with every new position and challenge he undertook. A champion for Quality of Care, Andrei is a Physical Therapist and served as a Malcolm Baldrige Examiner.
Recently, he was recruited to lead Trident USA Health. With net revenues exceeding $450M and over 5,300 employees serving customers in 37 states, TridentUSA Health Services (tridentusahealth.com) offers a total clinical services platform for Skilled Nursing Facilities, Assisted Living Communities, Continuing Care Retirement Communities, Home Health Agencies, Hospice, Hospitals, as well as the Government and Industrial sectors states across the U.S. Andrei guided TridentCare, through a successful financial and operational restructure. In the process, he helped streamline operations, and increased profitability from an EBITDA run-rate of $2 mill to $26 million. The company renegotiated its debt structure commitments from $700 million to $150 million through the Bankruptcy process. TridentCare emerged from the reorganization in 2019.
As CEO of Verity Health, a six-hospital system in California, with $1.5 billion in revenues, over 8,000 employees, Mr. Soran executed on an $82 million EBITDA performance improvement in one year, acquired several practices, a management company, five surgery centers and recruited more than 350 physicians. While leading through difficult circumstances, Andrei oversaw the transition from a holding strategy to a centralized operation and recruited over 30 executives to join him. The company managed to refinance the venture and execute several Real Estate transactions. He successfully participated in the sale of the company.
Previously, he served as the COO of Detroit Medical Center, an eight-hospital system in Michigan with $2.4 billion in revenues, and 10,000 employees. There, he helped improve costs by $40 million, EBITDA by 65 million, coordinated ACO's, health plan, and directed $850 million in capital deployment. An expert in Lean Management, he centralized management activities creating economies of scale.
He is a clinician, a Board Certified Orthopedic Physical Therapist, with knowledge in most care settings across the continuum, ranging from Acute Care to Post Acute, Nursing Homes, and Home Care.
Married with three children, he resides in Newton, MA. He was a professional athlete and did spend significant time in the Service. When he is not editing his Bio, Andrei enjoys working on his Private Pilot Certificate and playing golf.
