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The difference between shareholder and non-shareholder compensation could be as little as $10,000 or more than $100,000, depending on the subspecialty. Here are 16 statistics on compensation based on shareholder status based on MGMA’s Physician Compensation and Production Survey: 2011 Report Based on 2010 Data.
General orthopedic surgeons
Non-shareholder: $458,041
Shareholder: $505,146
Foot & Ankle surgeon
Non-shareholder: $401,886
Shareholder: $531,146
Hand surgeon
Non-shareholder: $455,038
Shareholder: $556,883
Hip & joint surgeon
Non-shareholder: $565,069
Shareholder: $590,106
Pediatric orthopedic surgeon
Non-shareholder: $579,222
Shareholder: $695,438
Spine surgeon
Non-shareholder: $628,511
Shareholder: $639,238
Trauma surgeon
Non-shareholder: $593,120
Shareholder: $654,423
Sports medicine surgeon
Non-shareholder: $484,213
Shareholder: $629,478
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16 Statistics on Practice Shareholder vs. Non-Shareholder Orthopedic Surgeon Compensation
Orthopedic surgeons who are shareholders in their practice receive higher compensation than those who are not shareholders. However, shareholders in the practice also incur more risk than non-shareholders. Is the extra compensation worth the extra risk?