1. Orthopedist average income rose from $511,000 in 2021 to $557,000 in 2022.
2. Orthopedics and allergy physicians both saw a 9 percent rise in compensation.
3. The COVID-19 pandemic is responsible for 82 percent of orthopedists’ wage decline.
4. Orthopedists had the highest average incentive bonus, at $126,000.
5. Employed orthopedists have an average income of $579,000, while self-employed workers make about $537,000.
6. Forty-two percent of orthopedists said they take on extra work to supplement their income.
7. Fifty-two percent of orthopedists said they feel they are fairly compensated.
8. Seventy-eight percent of orthopedists said they would choose medicine again if they had it to do over.
9. Ninety-seven percent said they would choose orthopedics again.
10. Orthopedists spent an average of 14 hours a week on paperwork.
11. Seventy-four percent of orthopedists said they will continue taking Medicare and Medicaid patients.
12. Twenty-five percent of orthopedists said that getting reimbursed by Medicare and insurance is the hardest part of their jobs.