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September 2016 l Vol. 2016 No. 5 INSIDE 10 Updates on Neurosurgeon Pay Ten statistics about neurosurgeon compensation and salary. p. 14 Dr. Frank Phillips Dr. Phillips succeeds Dr. Howard An as director of the division of spine surgery at Rush University Medical Center in Chicago. p. 14 The Business of Private Practice Dr. Paul Slosar on how physicians can maintain independence. p. 67 Medtronic's Ambitious Goal The company plans to generate $40 billion in free cash flow over the next five years. p. 28 BECKER'S SPINE REVIEW 21 Smart Spine Surgeons With Gifted Business Minds By Megan Wood ere are spine surgeons across the country who excel in business as well as medicine. e surgeons in- cluded on this list have founded large, multi-cite practices, developed spine devices and built companies and brands to make an impact on patients beyond their practices. Spine surgery is increasingly moving toward minimally invasive and outpatient procedures. Many of the surgeons on this list have been on the forefront of this change, innovating less invasive procedures and opening outpatient ambulatory surgery centers. ey are now gathering data on their techniques and sharing critical information to advance the field. is list includes surgeons who have spent long careers as entrepreneurs in healthcare and are dedicated to making a difference in the field. Becker's 15th Annual Spine, Orthopedic & Pain Management-Driven ASC Conference + The Future of Spine brochure inside 5-Year Cervical Disc Replacement Results vs. Spinal Fusion: 5 Key Notes By Laura Dyrda A new study published in e Journal of Neuro- surgery: Spine found there wasn't a significant dif- ference in adverse event rates between spinal fu- sion and total disc replacement at two levels. e study compared anterior cervical discectomy and fusion as well as disc replacement with Mobi-C. How Beverly Hills Spine Surgery Builds Value in a Competitive Market By Mary Rechtoris Khawar Siddique, MD, MBA, opened Beverly Hills Spine Surgery and branded his practice as an innovation center. He has successfully maintained and grown his practice in a com- petitive market by coupling business tactics with clinical expertise. See the full story on page 8. See the full story on page 38. See the full story on page 19. Becker's 15th Annual Spine, Orthopedic and Pain- Management Driven ASC Conference + The Future of Spine June 22-24, 2017 | Swissotel, Chicago 235 Total Speakers Keynotes from Andrew Hayek, Marcus Allen, Michael Kasper & Lou Dobbs Call 1.800.417.2035 or email registration@beckershealthcare.com or visit beckersasc.com/june-conference/ REGISTER TODAY