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.
