Chief Executive Officer

Stratum Med

$200K — $250K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business administration, healthcare administration, or finance/accounting required; Master's degree preferred.
  • 5-7 years of executive leadership experience in healthcare, preferably in ambulatory physician practice.
  • Successful experience in leading physician-owned and multi-specialty practices.
  • Proven ability to create diverse revenue streams in healthcare settings.
  • Strong financial management skills and strategic thinking capabilities.

Responsibilities

  • Lead the development of a long-term strategic vision that upholds MMC's independence and culture.
  • Position MMC to exploit market opportunities driven by regional growth and nearby healthcare expansion.
  • Pursue innovative growth opportunities and new revenue streams.
  • Balance operational excellence with continued organizational growth.
  • Serve as the primary liaison to the Board of Directors.

Benefits

  • Opportunity to lead a respected multi-specialty group during a pivotal time in its history.
  • Collaboration with a talented executive team and strong physician foundation.
  • Significant growth opportunities in a rapidly developing region.
  • Supportive workplace culture focused on community-centered care.
Full Job Description
The CEO serves ON-SITE/IN-PERSON as the top executive leader of a physician-owned, multi-specialty group practice. This individual is responsible for the strategic direction, operational oversight, financial performance, and cultural integrity of the Murfreesboro Medical Clinic & SurgiCenter (MMC). The CEO works in close partnership with the Board of Directors and physician stakeholders to ensure the delivery of high-quality, cost-effective care while maintaining the independence and values of a physician-led model. The following 4 positions report to the CEO: CFO, COO, CHRO, and Director of Marketing.

This is a rare opportunity to lead one of the Southeast's most respected physician-owned medical groups at a pivotal moment in its history. The next CEO will inherit a talented executive team, a strong physician foundation, significant community goodwill, and substantial growth opportunities while helping MMC navigate the next generation of healthcare delivery in Middle Tennessee.

Duties and Responsibilities
Strategic Leadership & Growth
  • Lead the development and oversight of a long-term strategic vision that preserves MMC's independence and physician-owned culture.
  • Position MMC to capitalize on significant market opportunities created by Murfreesboro's population growth and Vanderbilt's expansion into the region.
  • Identify and pursue innovative growth opportunities, partnerships, service expansions, and new revenue streams.
  • Lead the organization through continued growth while maintaining operational excellence and cultural alignment.
  • Focus leadership attention on where MMC needs to be 5, 10, and 20 years in the future.

Financial Stewardship
  • Provide strategic leadership to strengthen MMC's financial position through disciplined planning, execution, and organizational accountability.
  • Evaluate opportunities to improve payer contracting, reimbursement, referral retention, physician alignment, and operational efficiency.
  • Partner closely with the CFO and Board to improve financial transparency, forecasting, and performance reporting.
  • Support ongoing evaluation of physician compensation and incentive structures to ensure alignment with organizational goals.
  • Ensure organizational decision-making is informed by reliable data, analytics, and performance metrics.

Physician Engagement & Culture
  • Build trust and credibility with a highly engaged physician ownership group.
  • Balance physician autonomy with organizational accountability.
  • Foster a culture of collaboration, transparency, and shared responsibility.
  • Champion physician engagement and ensure effective strategies are in place to support physician productivity, recruitment, retention, and succession planning.
  • Help align diverse physician perspectives while maintaining focus on the best interests of the organization as a whole.
  • Preserve MMC's patient-centered, community-oriented culture.

Community & Market Leadership
  • Serve as the visible face of MMC throughout Murfreesboro and Rutherford County.
  • Build and maintain meaningful relationships with community leaders, employers, healthcare partners, educational institutions, and civic organizations.
  • Represent MMC at community events, charitable activities, and public forums.
  • Strengthen strategic relationships with regional health systems while protecting MMC's independence and interests.

Operational Excellence
  • Provide executive sponsorship and oversight for successful Epic implementation and optimization efforts.
  • Ensure executive leaders foster collaboration and coordination across specialties and support functions.
  • Establish expectations and accountability for effective governance, decision-making processes, and organizational role clarity.
  • Empower the executive team and leaders throughout the organization to operate at the highest level.
  • Ensure executive leadership efforts remain focused on strategic priorities rather than day-to-day operational minutiae.
  • Ensure effective organizational communication strategies and information flow across the enterprise.

Talent & Organizational Development
  • Establish organizational expectations and strategic priorities for workforce planning, physician recruitment, succession planning, leadership development, and retention.
  • Ensure the organization maintains effective talent management, leadership development, and succession planning programs through appropriate executive leadership and HR oversight.
  • Partner with the CHRO and executive team to assess workforce risks, leadership pipeline needs, and long-term talent requirements.
  • Champion a culture of accountability, engagement, continuous improvement, and professional growth.
  • Ensure physician and employee experience strategies support recruitment, retention, organizational performance, and MMC's long-term success.
  • Foster an environment where employees, providers, and leaders can thrive and contribute to organizational goals.

Governance & Board Relations
  • Serve as the primary liaison to the Board of Directors. Non-voting member of the Board.
  • Supports the Board of Directors by maintaining open, effective communication and ensuring the Board receives information necessary for governance and strategic decision-making.
  • Provide regular updates on organizational performance, strategic initiatives, and industry developments.
  • Ensures strong engagement and relationships with physician owners and providers throughout the organization.
  • Facilitate board education and engagement.

Compliance
  • In collaboration with External General Counsel:
    • Ensures MMC complies with local, state, and federal laws and regulations as they apply to the operation of the business.
    • Oversees the negotiation of professional, consultant and service contracts.
    • Participates in issues surrounding ethics and quality.

Knowledge, Skills, & Abilities
  • Significant knowledge:
    • Fiscal management, governmental regulations, and reimbursement policies.
    • Medical and/or insurance industry practices.
    • Business plan and strategic plan development and implementation.
    • High business acumen with the ability to understand financial statements, sales and marketing, technology, customer value, people leadership, etc.
  • Critical skills and competencies:
    • Entrepreneurial mindset.
    • Passion for identifying and creating solutions when faced with difficult business challenges.
    • Communicating in a clear and concise manner to the level of audience understanding.
    • Managerial courage - the ability to make difficult decisions when necessary.
    • Active participation in, and facilitation of, team effectiveness; taking actions that demonstrate feelings and needs of others.
    • Uses appropriate interpersonal styles and methods to inspire and direct individuals toward achievement of company goals.
    • Listening, understanding, and anticipating customer needs, giving the highest priority to patient and provider satisfaction.
  • Demonstrated ability:
    • Maintaining resilience and handling disappointment and/or rejection while maintaining personal effectiveness.
    • Establishing a course of action for self or others to accomplish a specific goal; planning appropriate allocation of resources.
    • Building alignment across diverse populations and those who may have conflicting priorities.
    • Obtaining results through high-performing teams.
    • Leading an organization and motivating people to strive for exceptional results.
    • Working effectively with and reporting to a Board of Directors.
    • Building and sustaining high-performing leadership teams; ensuring effective talent acquisition, retention, and engagement strategies.

Qualifications
  • On-Site/In-Person role.
  • Bachelor's degree in business administration, healthcare administration, or finance/accounting or equivalent is required.
    • Master's degree in healthcare administration, Business, or related field is preferred.
  • Minimum 5-7 years of executive leadership experience in a healthcare setting, preferably ambulatory physician practice.
  • Proven success in leading physician-owned and/or multi-specialty practices.
  • Experience in creatively and effectively creating diverse revenue streams within the healthcare setting.
  • Strong financial and accounting acumen and strategic thinking.
  • Demonstrates exceptional communication, negotiation, and interpersonal abilities, with a strong understanding of communications technologies to support effective engagement.
  • Demonstrated success in leading, building a team, and inspiring achievement.

Core Competencies
  • Patient-Focused: Prioritizes quality care and patient experience.
  • Collaborative: Builds consensus among diverse stakeholders.
  • Decisive: Makes informed decisions with confidence.
  • Ethical: Demonstrates integrity and transparency.
  • Visionary: Leads with foresight and adaptability.

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