Orthopedic

A Jacksonville, Fla.-based medical office building housing Coastal Health's orthopedic, spine, pain management, podiatry and physical therapy practices has sold for $12.05 million, according to a May 28 report from Jacksonville Business Journal.

From artificial intelligence and physician therapy, to more conservative, old school investment opportunities, here is how seven orthopedic and spine surgeons are investing in 2024. 

Orthopedic surgeon pay and work relative value units grew since 2019, according to MGMA's Provider Compensation and Productivity report.

Orthopedic surgeons are one of the highest-earning physician specialties, earning an average annual salary of $378,250, according to the Bureau of Labor Statistics.

New York City-based Hospital for Special Surgery is set to collaborate with Best in Class MD to launch a bundled surgery program for orthopedics. 

Orthopedic surgeons in the U.S. earn an average of $558,000 annually, according to Medscape's 2024 "Orthopedist Compensation Report," published May 24. 

A plurality of orthopedic surgeons cite dealing with Medicare and other insurers as the most difficult part of their jobs, according to Medscape's 2024 "Orthopedist Compensation Report," published May 24. 

Here are 13 of the largest orthopedic practice mergers that Becker's has reported on since 2019.

Average compensation for orthopedic surgeons saw a 2.6% decrease between 2023 and 2024, while inflation is currently down by 0.7% from last year.

Costs are rising while reimbursement rates continue to drop.