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
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12 Statistics on Orthopedic and Spine Surgeon Compensation by Employment Status
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
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12 Statistics on Orthopedic and Spine Surgeon Compensation by Employment Status