How many orthopedic physicians are worth over $5M?

Practice Management
Adam Schrag -

A Medscape study revealed more orthopedic physicians are worth over $5 million than any other specialists. 

Here are four things to know:

 

1. Roughly 15 percent of orthopedic physicians are worth over $5 million.

 

2. The following four specialties had the highest percentage of physicians with net worth of $5 million or more:

 

  • 13 percent of plastic surgeons
  • 13 percent of ophthalmologists
  • 13 percent of dermatologists
  • 11 percent of radiologists

 

3. Income plays a large role in determining physicians’ net worth. Orthopedic physicians earn $489,000 per year, according to the study.

 

4. Physicians can also accumulate wealth through ASC ownership, stock market investing, real estate investing and ownership in other business ventures. Physicians collaborate with device companies and manufacturers on developing new instruments and implants, speaking engagements and leading workshops.

 

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