1. Medscape reported the average compensation for orthopedic surgeons was $557,000 in 2022, up from $511,000 in 2021. The specialty also saw the highest average incentive bonus, $126,000. In 2021, that figure was $116,000.
2. By state, orthopedic surgeons in Massachusetts have the highest average salary, at $442,773, according to ZipRceruiter. The state also has the largest gap between orthopedic surgeon salary and the cost of living.
3. The average pay for physician practice CEOs is $449,214, according to salary.com. On the higher end, a practice CEO may make as much at $683,358 while a CEO on the lower end makes around $286,000.
4. For hospital CEOs, the average compensation hit $15.5 million in 2020, according to the AFL-CIO. The top-paid health system CEO was Samuel Hazen of Nashville, Tenn.-based HCA Healthcare, who reported $30.4 million in annual pay. Ronald Rittenmayer of Dallas-based Tenet Healthcare earned $16.7 million and Alan Miller of King of Prussia, Pa.-based Universal Health Services earned $13.2 million.
5. Orthopedic and spine devicemaker CEO salaries dwarf those of orthopedic surgeons. Some of the highest salaries include Orthofix’s Jon Serbousek ($5.3 million), Stryker’s Kevin Lobo ($13.3 million), Zimmer Biomet’s Bryan Hanson ($13 million) and Medtronic’s Geoffrey Martha ($16.5 million).
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
