In the 1970s, Richard Rothman served as part of the surgical faculty at Pennsylvania Hospital when he made an ambitious dream known—he wanted to build a new orthopaedic center of excellence to bring leading musculoskeletal care to his communities. Soon, something fortuitous happened.
Rothman operated on Walter Annenberg, who owned the media company that published The Philadelphia Inquirer, TV Guide, and Seventeen. He donated the funds Rothman needed to start his orthopaedic center.
Today, with dozens of offices in four states, the Rothman Orthopaedic Institute is the world’s largest full-service orthopaedic practice. Its specialists complete 17,000 hip and knee replacements, perform 6,100 surgical spine procedures, and evaluate 75,000 sports injuries per year. They are the team physicians for the Philadelphia Eagles, Philadelphia Phillies, Philadelphia 76ers, The Radio City Rockettes, and many local high schools and colleges.
A strong financial team has anchored the Rothman Orthopaedic Institute’s growth over the years. Sean Porrini serves as chief financial officer. The CPA joined the organization in 2019 after earning a degree in accounting from Saint Joseph’s University and a master’s of Taxation from Villanova. He started his career at firms serving hospitals and other healthcare facilities, before becoming CFO for IFIDA Healthcare, Continuum Health Alliance, and Mid-Atlantic Dental Partners.
“In 2019 I was introduced to Sean as newly appointed CFO at Rothman, shortly before the world shut down,” says Nicholas Jennings, Partner, Private Client Services at BDO USA, LLP. “Looking back, his leadership and ability to inspire change was instrumental in navigating challenges presented by the pandemic. Sean’s focus on building infrastructure will continue to pay dividends in the future.”
With a passion for his industry and as a financial leader, Porrini focuses on areas like population health, patient navigation, and cost of care financial modelling. He created his own patient interaction tool and designed an accounting system his peers use to reduce manual entry and bring automation and speed to the process of financial reporting.
These efforts, combined with a clear vision from new leaders, enable the Rothman Orthopaedic Institute to continue its legacy of growth and expansion. In April of 2021, the center announced Dr. Christopher T. Olivia as its new CEO.
Olivia, a board-certified ophthalmologist, brings expertise in medical school affiliations research enterprise management, strategic planning, and business development. He’s led turnarounds, completed mergers, and served as CEO of Visiting Nurse Service of New York, and many other health-related organizations.
“Dr. Olivia is the right leader for our practice, and we are extremely excited to welcome someone of his calibre to the Rothman family. He brings over 25 years of diversified accomplishments in physician practice, health insurance, healthcare services, and health information technology. His experience on the local and national level, his understanding of the evolving landscape of healthcare and his strategic initiatives will significantly contribute to taking Rothman to the next level,” said Alexander R. Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedic Institute.
Rothman Orthopaedic Institute had already partnered with AdventHealth to move deeper into Florida. Soon after Olivia’s arrival, the group announced plans to open in California and pursue national expansion. According to its website, Rothman Orthopaedics “strives to be the global standard for the provision of musculoskeletal care by achieving excellence in patient outcomes, research, teaching, and innovative healthcare technology.”
They do this not only by caring for major sports teams and their athletes, but by providing everyday care for patients like Anita. Anita’s knee pain took her to a local orthopaedist for a knee replacement, but the procedure made her symptoms worse. In fact, she couldn’t walk. Anita met with a Rothman doctor, and after he performed a revision of her total knee replacement, she was able to stand and walk again just hours after her surgery. Today, Anita is doing more than walking. Because of the care she found at Rothman, she is pursuing her hobbies, playing with her grandchildren, and living a full life.