Private Practice vs. Employment: 16 Statistics On Orthopedic Surgeon Compensation

Practice Management

Hospital ownership of an orthopedic surgeon's practice could impact the physician's annual compensation, according to the Medical Group Management Association's "Physician Compensation and Production Survey: 2011 Report Based on 2010 Data." Here are the average annual compensation figures for eight categories of orthopedic surgeons based on whether they work at a hospital-owned practice or non-hospital-owned practice:

Foot & Ankle

Hospital-owned: $469,492
Not hospital-owned: $435,094

General

Hospital-owned: $526,398
Not hospital-owned: $482,928

Hand

Hospital-owned: $475,370
Not hospital-owned: $519,792

Hip & Joint

Hospital-owned: $589,267
Not hospital-owned: $589,277

Pediatric

Hospital-owned: $489,500
Not hospital-owned: $600,465

Spine

Hospital-owned: $714,088
Not hospital-owned: $633,392

Sports Medicine
Hospital-owned: $550,000
Not hospital-owned: $584,050

Trauma

Hospital-owned: $562,688
Not hospital-owned: $532,153

Related Articles on Physician Compensation:

Physician Hospital Contracting – A Compliance Approach: 11 Key Concepts
MGMA: Over 56 Percent of Primary Care Providers Receive Additional Compensation for On-Call Coverage
12 Statistics on Orthopedic and Spine Surgeon Compensation by Employment Status

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers