Here are 10 points on orthopedic surgeon compensation based on the Medscape Physician Compensation Report 2012, based on 2011 data.
1. Average income for orthopedic surgeons was $315,000 — a decline from 2010.
2. 30 percent of orthopedic surgeons reported a compensation increase, compared to 36 percent who said their income decreased from 2010 to 2011.
3. Male orthopedic surgeons received $86,000 more on average than female orthopedic surgeons.
4. Orthopedic surgeons in the western region of the country received the highest average compensation, at $350,000.
5. Orthopedic surgeons in the northeast part of the country earned the lowest compensation, at $303,000 on average.
6. The highest compensating practice setting was a hospital organization, which compensated at $427,000 on average.
7. The lowest average compensation came for orthopedic surgeons in academic settings, who received around $225,000.
8. 50 percent of orthopedic surgeons feel they are fairly compensated; 50 percent believe they are not.
9. 38 percent of orthopedic surgeons feel accountable care organizations will cause their income to decline.
10. 47 percent of orthopedic surgeons said they don’t feel rich because of their expenses and debt.
More Articles on Spine Surgeons:
8 Steps to Optimize Spine Practice Revenue in 2013
8 Experts on Most Important Areas for Spine Research
12 Spine Surgeons Researching Disc Regeneration
2. 30 percent of orthopedic surgeons reported a compensation increase, compared to 36 percent who said their income decreased from 2010 to 2011.
3. Male orthopedic surgeons received $86,000 more on average than female orthopedic surgeons.
4. Orthopedic surgeons in the western region of the country received the highest average compensation, at $350,000.
5. Orthopedic surgeons in the northeast part of the country earned the lowest compensation, at $303,000 on average.
6. The highest compensating practice setting was a hospital organization, which compensated at $427,000 on average.
7. The lowest average compensation came for orthopedic surgeons in academic settings, who received around $225,000.
8. 50 percent of orthopedic surgeons feel they are fairly compensated; 50 percent believe they are not.
9. 38 percent of orthopedic surgeons feel accountable care organizations will cause their income to decline.
10. 47 percent of orthopedic surgeons said they don’t feel rich because of their expenses and debt.
More Articles on Spine Surgeons:
8 Steps to Optimize Spine Practice Revenue in 2013
8 Experts on Most Important Areas for Spine Research
12 Spine Surgeons Researching Disc Regeneration