Orthopedic surgeon pay vs. CMS rates since 2020

Since 2020, orthopedic surgeon pay has climbed, but the CMS physician conversion factor has steadily decreased over the last four years.

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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.

2024

Compensation: $558,000

CMS conversion factor: $32.74 (-3.4%)

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%)

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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