Here are eight statistics on pediatric orthopedic surgeon compensation based on the results of MGMA's Physician Compensation and Production Survey: 2011 Report Based on 2010 Data.
1. Overall compensation: $559,422
On average, the overall compensation for pediatric orthopedists was in the middle of the spectrum of orthopedic subspecialists and comparable to general orthopedic surgeons, who received around $20,000 less than pediatric orthopedists. Pediatric orthopedists also received more than foot and ankle specialists, but less than hand subspecialists. Joint replacement, sports medicine, orthopedic trauma and spine surgeons all received $50,000-$100,000 more than pediatric orthopedists overall.
2. Single specialty group practices: $625,000
Pediatric orthopedic surgeons in a single specialty group setting received more than general orthopedic surgeons and both upper and lower extremity subspecialists, sports medicine physicians and joint replacement surgeons in single specialty groups by more than $80,000. They also received more than their counterparts who practiced in a multispecialty setting. Spine surgeons in a single specialty group only received about $2,000 more than pediatric orthopedists in the same situation.
3. Multispecialty group practice: $507,901
In a multispecialty practice, pediatric orthopedic surgeons received at least $100,000 less on average than their counterparts in single specialty groups. Whereas the gap was close between spine and pediatric orthopedic surgeons in single specialty groups, it grew to more than $200,000 when the subspecialists were in a multispecialty setting, with spine surgeons receiving more. Pediatric orthopedic surgeons still received higher compensation than general orthopedic surgeons and extremities subspecialists, but less than the other subspecialists reported.
4. Private or group practice: $600,465
When pediatric orthopedic surgeons were not employed by hospitals, they receive more than when they were in hospital employment situations. Pediatric orthopedic surgeons not employed by hospitals were the second highest compensated orthopedic subspecialists; beat again by spine surgeons who received around $33,000 more. Pediatric orthopedic surgeons received at least $10,000 more than other subspecialists, with joint replacement and sports medicine surgeons not far behind.
5. Hospital employed: $489,500
When orthopedic surgeons were employed by hospitals, they receive around $110,000 less than if they were in a private practice or group setting. Hospital employed spine surgeons received significantly more, around $220,000 more, than pediatric orthopedic surgeons employed by hospitals, despite the small gap in compensation between the non-employed subspecialists. In the hospital setting, general orthopedic, joint replacement, orthopedic trauma and sports medicine surgeons all received 30,000-$100,000 more than pediatric orthopedic surgeons.
6. Western part of the country: $625,000
Pediatric orthopedic surgeons received the highest compensation in the western part of the country when compared with the other regions reported. They received around $100,000 more than their counterparts in the South, which was the lowest compensating region.
7. Metropolitan areas: $580,891
In metropolitan areas of one million people or more, pediatric orthopedic surgeons received the highest compensation. In slightly less populated metropolitan areas, pediatric orthopedic surgeons received about $7,000 less than their counterparts in bigger cities. No data was available for pediatric orthopedic surgeon compensation in rural areas.
8. Retirement benefits: $25,754
In retirement, pediatric orthopedic surgeons received less than every other orthopedic subspecialists reported, as well as general orthopedic surgeons, who received more than $26,000. On average orthopedic subspecialists received $31,000-$36,000 in retirement benefits, depending on their subspecialty.
Learn more about MGMA.
Related Articles on Surgeon Compensation:
How do Orthopedists Compare? 5 Points on Surgeon Compensation
10 Benchmarks for General Orthopedic Surgeon Compensation
Spine vs. Neurosurgeon Compensation: 5 Points on Who Received More
On average, the overall compensation for pediatric orthopedists was in the middle of the spectrum of orthopedic subspecialists and comparable to general orthopedic surgeons, who received around $20,000 less than pediatric orthopedists. Pediatric orthopedists also received more than foot and ankle specialists, but less than hand subspecialists. Joint replacement, sports medicine, orthopedic trauma and spine surgeons all received $50,000-$100,000 more than pediatric orthopedists overall.
2. Single specialty group practices: $625,000
Pediatric orthopedic surgeons in a single specialty group setting received more than general orthopedic surgeons and both upper and lower extremity subspecialists, sports medicine physicians and joint replacement surgeons in single specialty groups by more than $80,000. They also received more than their counterparts who practiced in a multispecialty setting. Spine surgeons in a single specialty group only received about $2,000 more than pediatric orthopedists in the same situation.
3. Multispecialty group practice: $507,901
In a multispecialty practice, pediatric orthopedic surgeons received at least $100,000 less on average than their counterparts in single specialty groups. Whereas the gap was close between spine and pediatric orthopedic surgeons in single specialty groups, it grew to more than $200,000 when the subspecialists were in a multispecialty setting, with spine surgeons receiving more. Pediatric orthopedic surgeons still received higher compensation than general orthopedic surgeons and extremities subspecialists, but less than the other subspecialists reported.
4. Private or group practice: $600,465
When pediatric orthopedic surgeons were not employed by hospitals, they receive more than when they were in hospital employment situations. Pediatric orthopedic surgeons not employed by hospitals were the second highest compensated orthopedic subspecialists; beat again by spine surgeons who received around $33,000 more. Pediatric orthopedic surgeons received at least $10,000 more than other subspecialists, with joint replacement and sports medicine surgeons not far behind.
5. Hospital employed: $489,500
When orthopedic surgeons were employed by hospitals, they receive around $110,000 less than if they were in a private practice or group setting. Hospital employed spine surgeons received significantly more, around $220,000 more, than pediatric orthopedic surgeons employed by hospitals, despite the small gap in compensation between the non-employed subspecialists. In the hospital setting, general orthopedic, joint replacement, orthopedic trauma and sports medicine surgeons all received 30,000-$100,000 more than pediatric orthopedic surgeons.
6. Western part of the country: $625,000
Pediatric orthopedic surgeons received the highest compensation in the western part of the country when compared with the other regions reported. They received around $100,000 more than their counterparts in the South, which was the lowest compensating region.
7. Metropolitan areas: $580,891
In metropolitan areas of one million people or more, pediatric orthopedic surgeons received the highest compensation. In slightly less populated metropolitan areas, pediatric orthopedic surgeons received about $7,000 less than their counterparts in bigger cities. No data was available for pediatric orthopedic surgeon compensation in rural areas.
8. Retirement benefits: $25,754
In retirement, pediatric orthopedic surgeons received less than every other orthopedic subspecialists reported, as well as general orthopedic surgeons, who received more than $26,000. On average orthopedic subspecialists received $31,000-$36,000 in retirement benefits, depending on their subspecialty.
Learn more about MGMA.
Related Articles on Surgeon Compensation:
How do Orthopedists Compare? 5 Points on Surgeon Compensation
10 Benchmarks for General Orthopedic Surgeon Compensation
Spine vs. Neurosurgeon Compensation: 5 Points on Who Received More