Former AdventHealth President & CEO Terry Shaw Joins RAAPID Advisory Board
LOUISVILLE, Ky., July 29, 2025 /PRNewswire/ -- RAAPID, a M12 (Microsoft Venture Fund) backed company and leading AI-powered risk adjustment solutions provider, today announced the appointment of Terry Shaw, former President & CEO of AdventHealth, to its advisory board. Shaw brings over 25 years of experience in healthcare system leadership and deep expertise in clinical operations and financial performance.
Shaw served as President and CEO of AdventHealth from 2016 to 2025, leading one of America's largest faith-based health systems with 50+ hospital campuses, 2,000+ care sites, and 100,000+ team members. Named one of Modern Healthcare's 100 Most Influential People in Healthcare for 2024, Shaw advanced through key financial and operational roles during his career, including EVP/CFO/COO and Chief Financial Officer.
Under Shaw's leadership, AdventHealth transformed into a consumer-focused clinical brand, leading initiatives focused on whole-person care. His experience managing large-scale healthcare operations and understanding of how health systems optimize clinical and financial outcomes aligns directly with the value-based care models that RAAPID's solutions enable.
"Terry's exceptional track record of leading healthcare transformation and his deep understanding of both clinical excellence and financial performance make him an invaluable addition to our advisory board," said Chetan Parikh, CEO and Founder of RAAPID. "His expertise in managing complex health system operations will be instrumental as we continue scaling our AI-powered risk adjustment solutions."
"RAAPID is at the forefront of addressing one of healthcare's most critical challenges - accurate risk capture and documentation," said Michael Clark, President and Chief Growth Officer of RAAPID. "Terry's strategic insights and operational expertise will help accelerate our mission to transform risk adjustment through purpose-built AI technology."
"I'm excited to join RAAPID's advisory board and support their mission to revolutionize risk adjustment," said Shaw. "Their AI-powered solutions address real value-based care challenges while improving patient care outcomes and financial performance for providers and payers alike."
About RAAPID
RAAPID develops AI-powered risk adjustment solutions for healthcare payers, providers, and supporting organizations. The company's HITRUST-certified platform uses neuro-symbolic AI to identify chronic conditions, determine HCC codes, calculate risk scores, and analyze population health trends. Following a Series A investment from M12 (Microsoft's venture fund), RAAPID serves organizations participating in Medicare Advantage, ACA, Medicare ACO, and Medicaid programs. Founded by healthcare technology veterans with over 20 years of experience, RAAPID is headquartered in Louisville, Kentucky.
Learn more at www.raapidinc.com.
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SOURCE RAAPID Inc