Here are 29 statistics about orthopedics, based on data from VMG Health Multi-Specialty ASC Intellimarker 2010, SDI 2008 Outpatient Surgery Center Market Report and MGMA 2010 Physician Compensation and Production Survey.
1. Orthopedics cases make up 17 percent of ASC cases.
2. Average gross charges per ASC orthopedics case was $8,973.
3. Average net revenue per ASC orthopedics case was $2,443.
4. Orthopedics cases made up five percent of total cases in single-specialty surgery centers in 2007.
5. The average number of orthopedics cases in single-specialty surgery centers in 2007 was 2,486, up from 2,473 in 2006.
Average net revenue and gross charges per ASC orthopedics case based on region:
Net revenue
6. West - $2,582
7. Southwest - $2,855
8. Midwest - $2,012
9. Southeast - $2,211
10. Northeast - $2,012
Gross charges
11. West - $10,095
12. Southwest - $9,748
13. Midwest - $6,468
14. Southeast - $9,094
15. Northeast - $8,915
Average net revenue and gross charges per ASC orthopedics case based on case volume:
Net revenue
16. Fewer than 3,000 cases - $2,482
17. 3,000-5,999 cases - $2,811
18. 6,000 or more cases - $2,261
Gross charges
19. Fewer than 3,000 cases - $7,633
20. 3,000-5,999 cases - $9,571
21. 6,000 or more cases - $8,866
Compensation
22. General orthopedic surgeons made an average annual salary of $524,259 in 2009.
23. Orthopedic surgeons specializing in foot and ankle surgery made an average annual salary of $518,463.
24. Orthopedic surgeons specializing in hand surgery made an average annual salary of $544,106.
25. Orthopedic surgeons specializing in hip and joint surgery made an average annual salary of $597,834.
26. Orthopedic surgeons specializing in pediatric surgery made an average annual salary of $468,798.
27. Orthopedic surgeons specializing in spine surgery made an average annual salary of $710,055.
28. Orthopedic surgeons specializing in trauma surgery made an average annual salary of $592,536.
29. Orthopedic surgeons specializing in sports medicine made an average annual salary of $653,642.
Sources:
1-3: VMG Health's Multi-Specialty ASC Intellimarker 2010
4-5: SDI 2008 Outpatient Surgery Center Market Report
6-21: VMG Health's Multi-Specialty ASC Intellimarker 2010
22-29: MGMA 2010 Physician Compensation and Production Survey.
Learn more about SDI.
Learn more about MGMA.
VMG information comes from VMG Health's Multi-Specialty ASC Intellimarker 2010 benchmarking study. VMG Health is a leading valuation and transaction advisory firm in healthcare. To receive a complimentary copy of VMG Health's 2010 Multi-Specialty ASC Intellimarker, click here.
1. Orthopedics cases make up 17 percent of ASC cases.
2. Average gross charges per ASC orthopedics case was $8,973.
3. Average net revenue per ASC orthopedics case was $2,443.
4. Orthopedics cases made up five percent of total cases in single-specialty surgery centers in 2007.
5. The average number of orthopedics cases in single-specialty surgery centers in 2007 was 2,486, up from 2,473 in 2006.
Average net revenue and gross charges per ASC orthopedics case based on region:
Net revenue
6. West - $2,582
7. Southwest - $2,855
8. Midwest - $2,012
9. Southeast - $2,211
10. Northeast - $2,012
Gross charges
11. West - $10,095
12. Southwest - $9,748
13. Midwest - $6,468
14. Southeast - $9,094
15. Northeast - $8,915
Average net revenue and gross charges per ASC orthopedics case based on case volume:
Net revenue
16. Fewer than 3,000 cases - $2,482
17. 3,000-5,999 cases - $2,811
18. 6,000 or more cases - $2,261
Gross charges
19. Fewer than 3,000 cases - $7,633
20. 3,000-5,999 cases - $9,571
21. 6,000 or more cases - $8,866
Compensation
22. General orthopedic surgeons made an average annual salary of $524,259 in 2009.
23. Orthopedic surgeons specializing in foot and ankle surgery made an average annual salary of $518,463.
24. Orthopedic surgeons specializing in hand surgery made an average annual salary of $544,106.
25. Orthopedic surgeons specializing in hip and joint surgery made an average annual salary of $597,834.
26. Orthopedic surgeons specializing in pediatric surgery made an average annual salary of $468,798.
27. Orthopedic surgeons specializing in spine surgery made an average annual salary of $710,055.
28. Orthopedic surgeons specializing in trauma surgery made an average annual salary of $592,536.
29. Orthopedic surgeons specializing in sports medicine made an average annual salary of $653,642.
Sources:
1-3: VMG Health's Multi-Specialty ASC Intellimarker 2010
4-5: SDI 2008 Outpatient Surgery Center Market Report
6-21: VMG Health's Multi-Specialty ASC Intellimarker 2010
22-29: MGMA 2010 Physician Compensation and Production Survey.
Learn more about SDI.
Learn more about MGMA.
VMG information comes from VMG Health's Multi-Specialty ASC Intellimarker 2010 benchmarking study. VMG Health is a leading valuation and transaction advisory firm in healthcare. To receive a complimentary copy of VMG Health's 2010 Multi-Specialty ASC Intellimarker, click here.