Orthopedic surgeons who are shareholders in their practice receive higher compensation than those who are not shareholders. However, shareholders in the practice also incur more risk than non-shareholders. Is the extra compensation worth the extra risk?
The difference between shareholder and non-shareholder compensation could be as little as $10,000 or more than $100,000, depending on the subspecialty. Here are 16 statistics on compensation based on shareholder status based on MGMA's Physician Compensation and Production Survey: 2011 Report Based on 2010 Data.
General orthopedic surgeons
Non-shareholder: $458,041
Shareholder: $505,146
Foot & Ankle surgeon
Non-shareholder: $401,886
Shareholder: $531,146
Hand surgeon
Non-shareholder: $455,038
Shareholder: $556,883
Hip & joint surgeon
Non-shareholder: $565,069
Shareholder: $590,106
Pediatric orthopedic surgeon
Non-shareholder: $579,222
Shareholder: $695,438
Spine surgeon
Non-shareholder: $628,511
Shareholder: $639,238
Trauma surgeon
Non-shareholder: $593,120
Shareholder: $654,423
Sports medicine surgeon
Non-shareholder: $484,213
Shareholder: $629,478
Related Articles on Physician Compensation:
8 Points Comparing 2009-2010 Orthopedic Surgeon Compensation Data
8 Statistics on Sports Medicine Physician Compensation
10 Benchmarks for General Surgeon Compensation
The difference between shareholder and non-shareholder compensation could be as little as $10,000 or more than $100,000, depending on the subspecialty. Here are 16 statistics on compensation based on shareholder status based on MGMA's Physician Compensation and Production Survey: 2011 Report Based on 2010 Data.
General orthopedic surgeons
Non-shareholder: $458,041
Shareholder: $505,146
Foot & Ankle surgeon
Non-shareholder: $401,886
Shareholder: $531,146
Hand surgeon
Non-shareholder: $455,038
Shareholder: $556,883
Hip & joint surgeon
Non-shareholder: $565,069
Shareholder: $590,106
Pediatric orthopedic surgeon
Non-shareholder: $579,222
Shareholder: $695,438
Spine surgeon
Non-shareholder: $628,511
Shareholder: $639,238
Trauma surgeon
Non-shareholder: $593,120
Shareholder: $654,423
Sports medicine surgeon
Non-shareholder: $484,213
Shareholder: $629,478
Related Articles on Physician Compensation:
8 Points Comparing 2009-2010 Orthopedic Surgeon Compensation Data
8 Statistics on Sports Medicine Physician Compensation
10 Benchmarks for General Surgeon Compensation