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63 PRACTICE MANAGEMENT SPINE DEVICE & INNOVATION HEALTHCARE REFORM 55 Statistics and Issues for Neurosurgeons and Orthopedic Spine Surgeons — Compensation, Global Device Market & More By Megan Wood H ere are 55 statistics and issues for spine sur- geons to know. Laura Dydra and Max Green also contributed to this article. Orthopedic spine surgeon compensation and salary statistics 1. e median salary of an orthopedic spine surgeon is $736,710, according to MGMA's 2015 Provider Compen- sation and Production Survey Report. 2. Orthopedic spine surgeon salary based on type of prac- tice, according to the report. • Physician-owned — $669,170 • Hospital/IDS-owned — $847,825 3. Orthopedic spine surgeon salary based on region, ac- cording to the report. • Eastern — $656,392 • Midwest — $755,907 • Southern — $732,328 • Western — $752,980 4. Orthopedic spine surgeon salary based on experience, according to the report. • 3 to 7 years in specialty — $751,051 • 8 to 12 years in specialty — $834,679 • 23 or more years in specialty — $631,768 5. General orthopedic surgeons make an average of $421,000, according to the Medscape Orthopedist Com- pensation Report 2015. 6. Orthopedic compensation based on subspecialties, according to OrthoBuzz. • Spine — $749,445 • Oncology — $569,353 • Joint Replacement — $563,89 • Sports Medicine — $549,048 • Trauma — $540,197 • Pediatrics — $516,544 • Hand — $513,864 • Foot and ankle — $505,606 7. Orthopedic surgeon signing bonuses, according to the Orthopedic Recruiting Group's 2011 Orthopedic Recruit- ing Trends and Salary Overview. • Spine — $40,000 • General orthopedic — $35,000 8. Orthopedic surgeon net worth, according to Medscape's Physician Debt and Net Worth Report 2015. • Under $500,000 — 21 percent • $500,000 to $999,999 — 16 percent • $1 million to $1.9 million — 26 percent • $2 million to $5 million — 27 percent • Over $5 million — 10 percent Neurosurgeon compensation and salary statistics 9. e average salary of a neurosurgeon is $605,000, ac- cording to Merritt Hawkins' annual compensation survey, which reports real-world starting salaries. • e range of average salaries is between $400,000 and $790,000. 10. e following annual and hourly compensation statistics are based on 2012 data from Jackson & Coker's physician salary calculator. Average annual compensation of full-time neurosurgeons • Salary: $690,548 • Benefits: $138,110 • Total compensation: $828,658 • National average gross revenue per neurosurgeon: $2,632,463 Average hourly compensation of full-time neurosurgeons • Salary: $332 • Benefits: $66 • Total Compensation: $398 • National average gross revenue per neurosurgeon: $1,266 11. Neurosurgeon percentages by practice setting for 2011, according to AANS Neurosurgical Procedural Sta-