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26 PRACTICE MANAGEMENT Dr. James Andrews ranks as No. 7 richest physician in the world By Mackenzie Garrity P hysicians from all specialties build reputations for them- selves and often as reputations climb, net worth and com- pensation also increases. Ranker Review published its "Top 10 Richest Doctors" in the World in 2018 list and named orthopedic and sports medicine specialist James Andrews, MD, No. 7. Dr. Andrews earned his position as one of the richest physicians in the world after treating hundreds of injured athletes. His net worth is estimated between $10 million and $100 million. Fellow orthopedic surgeon Gary Michelson, MD, nabbed the No. 5 spot on the list. His net worth is estimated at $1.55 billion. He is noted for his million-dollar charitable donations to medical re- search, animal welfare, online textbooks and rainforests. Patrick Soon Shiong, MD, PhD, tops the list with a net worth of $12 billion. While no longer a practicing physician, he is a re- nowned entrepreneur and philanthropist. Thomas Frist, MD, is the richest practicing physician on the list, landing with the No. 2 spot at $7 billion in net worth. Dr. Frist is a former Air Force surgeon. n Dr. Richard Rothman retires from surgery at 81, but still plans on a 60-hour work week — 3 insights By Shayna Korol W ith 50 years of experience and up to 50,000 joint replacements performed, Richard Roth- man, MD, PhD, retired from surgery at 81 years of age, according to Philly.com. Here are three things to know: 1. Dr. Rothman is the founder of the Philadelphia-based Rothman Institute, which employs 171 physicians. 2. Dr. Rothman will still work about 60 hours a week. Among other activities, he will see patients pre- and postoperatively and help two Chinese firms, an ortho- pedic implant manufacturer and a group of private hos- pitals, in which he is a minority investor. 3. He previously served as editor-in-chief and is cur- rently the emeritus editor of The Journal of Arthroplas- ty. Dr. Rothman developed the Accolade total hip sys- tem, which has been used in over 200,000 patients. n ISASS contracts with AAOS management services program: 4 key points By Laura Dyrda T he International Society for the Advancement of Spine Surgery contracted with the American Academy of Orthopaedic Surgeons' manage- ment services program to manage the organization. Here are four things to know: 1. ISASS hopes the agreement will expand its resourc- es without an additional major capital investment. The organization's board of directors decided to make the service arrangement, but ISASS will remain an indepen- dent entity. 2. The ISASS board will provide direction to the new management team, which also provides services to 14 other specialties' societies. 3. The organization's previous management team will ensure the transition is seamless to the new manage- ment team, and a continuity of business operations. 4. ISASS announced the change at their annual meeting in April. n