![]() Hip and joint on average receive $597,000 salary and $50,000 sign-on buns, while spine surgeons receive $452,000 salary and $40,000 sign-on bonus.Īccording to the survey, orthopedic surgeons receive five weeks of vacation and two weeks of continuing medical education/paid time off on average when signing their first hospital contract. While they may be spending more on the professional services side, they recoup hospital charges when these surgeons bring patients to the facility for surgery or diagnostic testing."įor general orthopedic surgeons, the starting salary is $500,000 with a sign-on bonus at $35,000, according to the "2011 Orthopedic Recruiting Trends & Starting Salary Overview from Orthopedic Recruiting Group. "So they capture many of the new graduates. "One of the interesting thing hospitals have been doing for employed physicians is paying a wage to a new graduate that are substantially higher than what they would make in private practice for the first year or two," says Dr. Hospital employment also guarantees an immediate patient base, which can be difficult to build from the ground up in a private practice. Pros Hospital employment: Hospital employment can be a good option for orthopedic and spine surgeons who want steady hours, guaranteed income and relief from the administrative duties associated with running a private practice. Ott discusses the pros and cons of both hospital employment and remaining independent in a private practice. The disadvantage is you give up independence and autonomy." "For a new graduate, there is a lot of convenience to becoming employed. "There are definitely pros and cons to hospital employment, but ultimately it's up to the individual physician to decide what they want out of their career and life," says David Ott, MD, president of Arizona Orthopaedic Associates in Phoenix. However, many are predicting this number will increase as the healthcare environment becomes more difficult to predict. Only 8 percent of respondents reported being employed by hospitals. According to the American Academy of Orthopaedic Surgeons census data for 2010, 43 percent of orthopedic surgeons are still in private practice and 20 percent are in solo practitioners. While many specialists are becoming employed by hospitals and health systems, orthopedic and spine surgeons are among the last hold-outs for private practice groups. 50 community hospital cfos to know | 2022.83 community hospital ceros to know | 2022.260+ healthcare revenue cycle management companies to know | 2022.50 chief digital officer innovators to know | 2022.75 black healthcare leaders to know| 2022.150 top places to work in healthcare | 2022.Past Issues - Becker's Clinical Leadership & Infection Control.Current Issue - Becker's Clinical Leadership & Infection Control. ![]() ![]() Becker's Cardiology + Heart Surgery Podcast.Becker's Ambulatory Surgery Centers Podcast.Becker’s Digital Health + Health IT Podcast.LeanTaaS Transform Hospital Operations Virtual Summit.20th Annual Spine, Orthopedic & Pain Management-Driven ASC Conference.Clinical Leadership & Infection Control. ![]()
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