Orthopedic surgeon pay hits $500K, 3 more notes

Orthopedic surgeons have the third-highest median salary among specialties examined in the “Physician Compensation Report 2020” from Physicians Thrive, a financial planning company.

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The report authors compiled data from the U.S. Bureau of Labor Statistics, Doximity, Merritt Hawkins, Medscape and Salary.com to develop the report.

Four notes on orthopedic surgeon pay:

1. Orthopedic surgeons reported a median salary of $500,000 and ranked No. 3 among highest compensated specialists surveyed for the report. Neurosurgeons were No. 1, with a median salary of $645,000, and cardiovascular surgeons were No. 2, with a median salary of $608,354.

2. Orthopedic surgeon salary increased 6 percent year over year in 2020.

3. The average signing bonus for orthopedic surgeons was $40,000.

4. The average incentive bonus for orthopedic surgeons was $96,000.

More articles on orthopedic surgeons:
8 orthopedic partnerships in the past month — Smith+Nephew, OrthoNeuro & more
Memphis orthopedic surgeon J. Barton Williams dead at 36
Michigan orthopedic surgeon’s license suspended: 4 details

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