Here are eight more statistics to know regarding orthopedist compensation in 2024, per the report:
1. Fifty-one percent of orthopedic surgeons said compensation was a minor factor when choosing their practice specialty.
2. The majority of orthopedic surgeons (72%) said most physicians in the U.S. are underpaid.
3. The minority of orthopedic surgeons (44%) said they are fairly compensated when considering work demands.
4. Orthopedic surgeons saw a 3% decrease in pay in 2024.
5. Fifty-two percent of orthopedic surgeons said they take on side gigs outside their key roles.
6. Only 44% of orthopedic surgeons reported feeling happy with their compensation rates.
7. About 59% of orthopedic surgeons said their income is somewhat or considerably impacted by competing physician practices.
8. Around 52% of orthopedic surgeons said compensation bonuses are available to them.
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.
