Description

Chief Executive Officer

Private Physician-Owned Orthopaedic Practice

Mid-Atlantic Region

Annual Revenue: ~$40 Million | 17 Physicians | 12 NP and PA’s | 250+ Total Staff

About the Organization: 

This independent Orthopaedic group is financially stable and highly respected in its market, generating approximately $40 million in annual revenue across 17 physicians and multiple mid-level providers. The practice maintains a strong reputation for clinical quality, operational efficiency, and physician governance. The company includes a robust in-house physical therapy practice as well as strong ancillary services including afterhours care, DME and X-rays.  It operates over 4 clinical sites and 8 physical therapy locations, as well as maintains relationships with local hospitals and surgery centers in the central Maryland region.

The incoming CEO will inherit a healthy organization with a strong foundation and the opportunity to shape its next decade of growth.

Position Overview

A highly respected, physician-owned Orthopaedic surgery group seeks an accomplished Chief Executive Officer to lead the organization through its next phase of strategic growth and operational excellence. This opportunity represents a planned leadership succession for a stable, profitable, and well-established independent practice.

The CEO will partner closely with the Board of Directors and physician shareholders to preserve the group’s culture of clinical excellence while strengthening infrastructure, expanding services, and positioning the organization for long-term independence and success.

This is a hands-on executive leadership role requiring both strategic vision and operational rigor. Director of operations, Finance director, HR director and Clinical services managers reports directly to the CEO. 

Key Responsibilities:

Strategic Leadership

Partner with the Board to develop and execute a 3–5 year strategic plan
Evaluate growth opportunities including service line expansion, ancillary services, and potential partnerships
Monitor healthcare market trends, reimbursement shifts, and competitive landscape 

Financial Stewardship

Direct oversight of ~$40M annual revenue
Optimize revenue cycle management and expense control
Maintain strong physician compensation alignment and transparent financial reporting
Lead budgeting, forecasting, and capital allocation decisions

Operational Excellence

Oversee daily operations including clinical operations, HR, IT, billing, compliance, and facilities
Drive performance metrics across access, patient satisfaction, productivity, and margin
Ensure regulatory compliance and risk management
Established EMR system of Modernizing Medicine (ModMed) 

Physician & Culture Leadership

Maintain strong physician engagement and governance alignment
Support physician recruitment, onboarding, and retention
Foster a high-performance culture rooted in accountability and service 

Organizational Development

Build leadership bench strength and succession planning for key administrative roles
Implement scalable systems and infrastructure to support growth
 

Requirements

 Required Qualifications

10+ years of progressive healthcare leadership experience
Senior executive experience in a physician group, multi-specialty practice, Orthopaedics, ASC platform, or closely related healthcare environment
Demonstrated P&L responsibility of $20M+
Strong financial acumen and operational leadership

Preferred

Experience in physician-owned or independent practice models
MBA, MHA, or equivalent advanced degree
Experience leading organizations through leadership transition
Knowledge of Orthopaedic service lines and ancillary revenue models
 
Leadership Attributes

Collaborative and physician-aligned
Transparent and high-integrity
Decisive but consensus-driven
Data-oriented and operationally disciplined
Growth-minded while preserving culture