Chief Executive Officer CEO

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.

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.

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

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

Leadership Attributes

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

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