1. Twelve percent of ASC leaders reported $200,000 or more in total compensation, up from 3% in 2022.
2. Sixty-eight percent reported total compensation of $120,000 or more, compared to 50% last year.
3. Twenty percent of ASC leaders made between $90,000 to $99,999 – this number dropped to 4% in 2023.
4. The average wage for ASC leaders in 2023 was up 5.1% compared to 4.24% in 2022.
5. Roughly 74% of the respondents said they received a raise in the last year.
6. Seventy-seven percent of respondents reported earning an average annual salary of $100,000 or more, up from 58% in 2022 and 51% in 2021.
7. Here’s a breakdown of ASC leadership strategy by region:
South
$60,000-$69,999: 0%
$70,000-$79,999: 6%
$80,000-$89,999: 3%
$90,000-$99,999: 16%
$100,000-$119,999: 52%
$120,000-$149,999: 23%
$150,000+: 0%
Midwest
$60,000-$69,999: 3%
$70,000-$79,999: 5%
$80,000-$89,999: 13%
$90,000-$99,999: 10%
$100,000-$119,999: 21%
$120,000-$149,999: 31%
$150,000+: 18%
Northeast
$60,000-$69,999: 0%
$70,000-$79,999: 0%
$80,000-$89,999: 0%
$90,000-$99,999: 0%
$100,000-$119,999: 44%
$120,000-$149,999: 38%
$150,000+: 19%
West
$60,000-$69,999: 4%
$70,000-$79,999: 0%
$80,000-$89,999: 4%
$90,000-$99,999: 9%
$100,000-$119,999: 22%
$120,000-$149,999: 26%
$150,000+: 35%
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.