ZT Corporate Announces Strategic Leadership Updates to Healthcare Portfolio Entity

- Altus Community Healthcare welcomes seasoned leadership team to drive strategy forward -

HOUSTON--(BUSINESS WIRE)--ZT Corporate, a private equity firm that specializes in healthcare and automotive investments, today announced a strategic shift in leadership of its portfolio company, Altus Community Healthcare. Proven industry veterans from healthcare, legal and financial sectors provide a cross-section of skills that will drive the strategy forward in 2024.

Taseer Badar, Chairman and Chief Executive Officer of ZT Corporate, said, “Altus Community Healthcare is in a position of strength, and we are in active growth mode. I’m extremely confident in the team we have put into place. With their expertise, we have lowered our risk as we look to further optimize our operations and take on new opportunities. Not only will it allow us to provide first-rate healthcare to the communities where we operate, but it will ensure we continue to deliver meaningful returns for our investors.”

The leadership team is united by a vision to deliver on its strategic growth strategy in new and existing markets. Altus Community Healthcare will also benefit from technical expertise and enhanced processes to ensure consistent revenue streams and operational efficiency.

Altus Community Healthcare leadership updates include:

• Dr. Muhammad Ali Chaudhry, Operating Partner, brings extensive leadership experience, backed by more than 15 years at Johns Hopkins Medicine. He is board certified in Nuclear Medicine and has a successful track record of leading large integrated health systems, transforming strategic priorities into operational plans and managing change in complex systems. Dr. Chaudhry brings a focus on creating value and has held positions at TVM Capital Healthcare, Tabadlab, Emerging Health International and Noor Care Health Network. He has a record of establishing world-class healthcare facilities with strong emphasis on quality and financial sustainability.

• Jason Lisovicz, Chief Marketing Officer, brings 25 years of experience in driving public and private organizations to meet and exceed revenue and market-share goals. Lisovicz previously led marketing initiatives for a private equity-backed healthcare organization specializing in joint venture partnerships with the nation’s leading health systems. He oversaw the organic growth strategy through a data-driven approach while maintaining and driving financial performance.

• Hugh Plummer, Managing Director, has over 21 years of strategic execution experience. Plummer is an active trial lawyer who, with several other lawyers, obtained one of the largest verdicts in Texas history, a $230 million verdict against the U.S. Air Force in the Sutherland Springs mass shooting trial in San Antonio. His innovative thinking helped establish a first-of-its-kind litigation marketplace known as LitCap, which facilitated over $350 million in litigation funding to preeminent trial lawyers.

• Elie Harroch, Vice President of Finance, is a detail-oriented, hands-on finance and accounting leader with more than 15 years of diverse business experience. She previously served as the Chief Financial Officer of AMD Global, LLC, a health system operating freestanding emergency rooms and general acute care hospitals. In this role, Harroch helped raise over $100 million debt and equity for multiple large-scale medical and hospitality projects.

Altus Community Healthcare is looking to add revenue cycle leadership to complete its team.

2023 marked a significant year for Altus Community Healthcare’s expansion through strategic acquisitions, making it the largest privately-owned acute care provider in North America. It operates 27 freestanding emergency rooms and micro-hospitals across Texas.

About ZT Corporate

Established in 1997, ZT Corporate is a Houston-based private equity firm with offices in New York and Los Angeles. The firm focuses on healthcare and auto dealerships as core investment verticals. ZT Corporate’s investment team collaborates with its operators to support the day-to-day operations of the firm’s portfolio investments. This close collaboration drives value creation by developing stronger operator-investor relationships, cross-functional expertise, and a deeper understanding of the target industries. Since its founding, ZT Corporate has successfully completed more than 60+ investments, including platform companies and follow-on opportunities with multiple liquidity events for its investors. The team provides full-service wealth management services to its clients and investors and creates value through a broad range of financial channels, including traditional and alternative investments. For more information: www.ztcorporate.com