Becker's Spine Review

Becker's Spine Review July 2013 Issue

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38 Improving Spine Practice Profits 2012 vs. 2011: 20 Statistics on How Orthopedist Compensation Changed By Laura Miller H ere are 20 statistics comparing physician compensation in 2012 to 2011, based on the respective Medscape Physician Compensation Reports. Orthopedists with compensation increasing over the previous year 2012: 28 percent 2011: 30 percent Average orthopedist compensation 2012: $405,000 2011: $315,000 Female orthopedist average compensation 2012: 422,000 (20 percent more then male orthopedists—9 percent of respondents were female) 2011: $240,000 (36 percent less than male orthopedists) Orthopedists making more than $500,000 2012: 35 percent 2011: 19 percent Orthopedists making less than $100,000 2012: 11 percent 2011: 19 percent Orthopedists with compensation decreasing over the previous year 2012: 39 percent 2011: 36 percent Highest compensating region 2012: Northwest (Oregon, Washington, Idaho, Wyoming, Montana, Alaska)—$652,000 2011: West (California, Hawaii)—$350,000 Lowest compensating region 2012: Mid-Atlantic (Pennsylvania, New Jersey, Delaware, Virginia, West Virginia, Maryland, North Carolina, South Carolina)—$248,000 2011: Northeast (Maine, Vermont, New Hampshire, New York, Massachusetts, Rhode Island, Connecticut)—$303,000 Average hospital compensation for orthopedists 2012: $396,000 2011: $251,000 Average single-specialty group practice compensation for orthopedists 2012: $469,000 2011: $391,000 n Outpatient spine is a unique challenge, which we have solved uniquely. The variables impacting spine-focused surgery centers are many. The neuro-ortho balance. Out-of-network vs. in-network contracting. Transitioning cases from inpatient to outpatient. Pain management. Staffing. How many ORs? Solving these for optimal quality, patient experience and profitability is Blue Chip's unique specialty, bringing performance and satisfaction to yours. www.bluechipsurgical.com/insights 513-561-8900 BC_BeckersAd_xRay.indd 1 2/8/10 5:16:06 PM

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