Former Florida Gov. Jeb Bush (R) is resigning his position at a healthcare company that reportedly profited from ObamaCare, as he lays the groundwork for a potential 2016 run.

Bush will step down from the board of directors for Tenet Healthcare Corp., on Dec. 31, the hospital operator announced this week, according to the Wall Street Journal.

ADVERTISEMENT

Bush earned close to $300,000 from the company in 2013, according to filings reviewed by the Los Angeles Times. He also sold $1.1 million in company stock that year.

It's the second business post Bush is leaving this month. Last week, the former governor announced he was leaving his advisory role at banking giant Barclays also at the end of the year.

Bush said earlier this month that he will "actively explore" a White House bid.

Should he run, Bush will likely face a crowded GOP field, with potential candidates including Sens. Rand Paul Randal (Rand) Howard PaulSecond GOP senator to quarantine after exposure to coronavirus GOP senator to quarantine after coronavirus exposure The Hill's Morning Report - Sponsored by National Industries for the Blind - Trump seeks to flip 'Rage' narrative; Dems block COVID-19 bill MORE (Ky.), Marco Rubio Marco Antonio RubioSunday shows preview: Justice Ginsburg dies, sparking partisan battle over vacancy before election Florida senators pushing to keep Daylight Savings Time during pandemic Hillicon Valley: DOJ indicts Chinese, Malaysian hackers accused of targeting over 100 organizations | GOP senators raise concerns over Oracle-TikTok deal | QAnon awareness jumps in new poll MORE (Fla.), Ted Cruz Rafael (Ted) Edward CruzMurkowski: Supreme Court nominee should not be taken up before election Battle lines drawn on precedent in Supreme Court fight Sunday shows - Ruth Bader Ginsburg's death dominates MORE (Texas) and outgoing Gov. Rick Perry (Texas).

His business record and positions on high-paying corporate boards could attract attacks from fellow Republicans and Democrats, reminiscent of former Massachusetts Gov. Mitt Romney (R). The 2012 GOP nominee spent much of the campaign defending his long tenure at Bain Capital as rivals sought to paint him as a wealthy, out-of-touch businessman.

Bush's ties to Tenet could similarly draw attention, with the company claiming growth from ObamaCare.

Tenet President and CEO Trevor Fetter told CNBC in January that the firm would benefit from a “surge” of newly insured patients after ObamaCare. And in an August statement the company heralded a successful quarter.

“Our success at capturing incremental market share through strategic investments, service line expansion, and successfully positioning Tenet’s hospitals to benefit from key aspects of the Affordable Care Act all contributed to a great quarter," Fetter said

Bush remains on the boards of real estate investment group Rayonier Inc., personnel management company Empower Software Solutions and medical device firm CorMatrix, according to the Journal, which first reported Bush resigning from Tenet Healthcare.

A Bush spokesman defended his business work to the Los Angeles Times, saying that he had worked to help grow companies.

"These are all growth investments that the governor has worked on," Bush spokeswoman Kristy Campbell told the paper.

This story was last updated at 12:58 p.m.