April 10, 2026

Frazier Healthcare Partners

Frazier Healthcare Partners, a private equity firm focused on the healthcare industry, announced that Randy Hyun has joined the firm's Growth Buyout team as an Executive in Residence. Hyun will focus on investment opportunities in pharmacy services.

Hyun brings over two decades of leadership experience across pharmacy services, supply chain, and managed care. He most recently served as president of Evernorth Health System Services, where he was responsible for leading a portfolio of technology-enabled services supporting health systems, providers, and patients, including drug distribution, 340B solutions, specialty pharmacy, and infusion services. Before his tenure at Evernorth, Hyun was chief executive officer of CarepathRx, a provider of specialty pharmacy, infusion, and telepharmacy solutions to health systems.

Prior to CarepathRx, Hyun served as chief executive officer of Aetna Medicaid, where he led a national managed care organization spanning 16 states and approximately $14 billion in revenue. He also led Aetna Pharmacy Management, overseeing the company's specialty pharmacy, PBM, and mail-order businesses.

Earlier in his career, Hyun spent 18 years at McKesson, holding a range of senior leadership roles across strategy, business development, and provider solutions, including leading businesses focused on specialty pharmaceuticals and healthcare technology.

“Randy is a highly accomplished healthcare executive with deep expertise across the pharmacy ecosystem,” said Philip Zaorski, general partner at Frazier. “His leadership experience, combined with his track record of building and scaling leading pharmacy platforms, makes him an exceptional partner as we continue to invest in the sector.”

Founded in 1991, Frazier Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. Frazier is headquartered in Seattle, with an office in New York City, and invests broadly across the U.S., Canada, and Europe.