How orthopedic surgeon pay, CMS rates evolved over 5 years

Orthopedic surgeon pay has climbed steadily over the last five years. Meanwhile, over the last three years, the CMS physician fee schedule has continued dipping.

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Here is how the average orthopedic surgeon pay compares to CMS’ physician fee schedule over the last five years:

Note: Compensation data was provided by Medscape.

2023

Compensation: $573,000

CMS conversion factor: $33.06 (-4.48%)

2022

Compensation: $557,000

CMS conversion factor: $33.59 (-3.73%)

2021

Compensation: $511,000

CMS conversion factor: $32.41 (-10%)

2020

Compensation: $511,000

CMS conversion factor: $36.09 (+0.14%)

2019

Compensation: $482,000

CMS conversion factor: $36.04 (+0.14%)

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