1. Twelve percent of ASC leaders reported $200,000 or more in total compensation, up from 3% in 2022, according to an OR Manager survey of 117 leaders.
2. Sixty-eight percent reported total compensation of $120,000 or more, compared to 50% last year.
3. The average wage for ASC leaders in 2023 was up 5.1% compared to 4.24% in 2022.
4. Roughly 74% of the respondents said they received a raise in the last year.
5. The 10 highest-paying physician specialties, according to Medscape’s “Physician Compensation Report” for 2023.
- Plastic surgery: $619,000
- Orthopedics: $573,000
- Cardiology: $507,000
- Urology: $506,000
- Gastroenterology: $501,000
- Otolaryngology: $485,000
- Radiology: $483,000
- Oncology: $463,000
- Anesthesiology: $448,000
- Dermatology: $443,000
6. Primary care physicians earned an average of $260,000 in 2022, with specialists earning an average of $368,000, according to the Medscape report.
7. Physician pay decreased for four specialties from 2021 to 2022 — interventional cardiology, hematology, radiology and pediatrics — and increased for eight specialties — OB-GYN, anesthesiology, non-invasive cardiology, neurology, gastroenterology, orthopedic surgery, urology and internal medicine.
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.