Operating Company Leaders

While our capital deployment typically commences with a strong investment thesis, we seek to partner with proven CEOs, who are leaders in their industry domains. We believe that the combination of our management teams’ deep industry insight and Providence’s long-term investment perspective can provide an advantage over competitors for the benefit of our clients, colleagues and shareholders.

Carter Pate

Interim Chief Executive Officer, LogistiCare

Carter Pate is the Founder and Chief Executive Officer of Carter Pate, LLC, a consulting firm which he founded in 2014. Since 2017, he has served as the Interim CEO of The Providence Service Corporation (NASDAQ: PRSC). From 2011 to 2014, Mr. Pate served as the Chief Executive Officer of MV Transportation, Inc., which is the largest independent fixed-route and paratransit company in the United States. Prior to joining MV, he was a Partner at PricewaterhouseCoopers, LLC, from 1996 to 2011, when he retired as the Global and U.S. Managing Partner for the Healthcare and Government Contracting practice, and prior to that, he was the U.S. Managing Partner, Advisory Line of Service and prior a Corporate Restructuring Partner.

Mr. Pate has been the Chairman of the Board of BioScrip, Inc. (Nasdaq: BIOS) since 2015 and previously served as its board’s audit committee chair. Mr. Pate was recently elected as an independent director to RLH Corporation’s (NYSE: RLH) board of directors. Carter has been a director of Advanced Emissions Solutions, Inc. (Nasdaq: ADES) since 2016 and serves as a member of its board’s audit committee. Mr. Pate has a Master of Science in Accounting and Information Management from the University of Texas at Dallas and holds various financial certifications including being a Certified Public Accountant in Texas.

Keith Henthorne

Chairman & Chief Executive Officer

Mr. Keith Henthorne brings a unique background in healthcare technology, continuous improvement and revenue cycle management to Matrix, as well as experience as investing in, and leading start-up, mature and turnaround businesses.

Mr. Henthorne has founded, successfully operated, and sold a number of healthcare companies, in the revenue cycle management space. Most recently, he was the founder and executive chairman of Auditz, LLC, a technology company sold to TransUnion. Prior to his role with Auditz, he was senior vice president, revenue integrity for Emdeon, he founded Chapin Revenue Cycle Management, which he sold to Emdeon and also served as the chief investment officer for Ziegler HealthVest Partners, LLP, a venture capital fund under the umbrella of the Ziegler Companies.

Early in his career, Mr. Henthorne served in roles with Tenet Healthcare, including vice president, strategic sourcing, where he was responsible for all corporate sourcing/procurement, and director of operations for Tenet’s 18 hospitals in the Florida and Alabama region giving him a deep understanding of providers and how to better serve their members.

Mr. Henthorne holds a Bachelor of Science in Economics from Missouri State University and a Master of Science in Public Health from the University of Missouri. He is a member of the American College of Healthcare Executives and past chairman of the Florida League of Hospitals. Additionally, he currently serves on the boards of LiquidCompass, Broadjump, and Cura Revenue Cycle Management and is active in non-profit organizations, including Wheels of Success, Trinity Café, and LifePath Hospice.