Neurosurgery generated $1.68 million in revenue for hospitals on average, according to the "2013 Physician Inpatient/Outpatient Revenue Survey" from Merritt Hawkins.

Orthopedic surgery generated the most revenue for hospitals, generating $2.68 million on average, according to the "2013 Physician Inpatient/Outpatient Revenue Survey" from Merritt Hawkins.

Here are 10 statistics on orthopedic surgeon compensation in 2012 by practice setting from Medscape's Orthopedist Compensation Report: 2013.

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1. Orthopedists who were partners in their practice reported the highest compensation, at $480,000.

2. Single-specialty, office-based group practices were the highest compensating setting, at $469,000 on average for orthopedists.

3. Office-based multispecialty group practices followed with $422,000 on average last year for orthopedists.

4. Orthopedists in healthcare organizations also reported annual compensation at $422,000 on average for 2012.

5. Orthopedists who were solo practice owners reported $405,000 last year on average.

6.  Orthopedists who were employees reported average compensation at $347,000 in 2012.

7. Orthopedists in a solo office-based practice reported receiving on average $365,000 last year.

8. Orthopedists in an outpatient clinic setting reported $200,000 on average last year.

9. Academic orthopedists reported $304,000 in average compensation.

10. Orthopedists in a hospital setting reported average compensation at $396,000.

More Articles on Orthopedic Surgeons:
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Here are 10 statistics on orthopedic surgeon compensation. Numbers one through five came from the AMGA Medical Group Compensation and Financial Survey; numbers six through nine came from the 2012 Medscape Orthopedist and Orthopedic Surgeon Compensation Report; number 10 came from the 2012 LocumTenens.com Compensation & Employment Report.

Here are 15 statistics about how orthopedic surgeon compensation compares to other specialties, based on data from the Medscape Physician Compensation Report 2012.

Here are 20 statistics comparing orthopedic surgeon compensation to other specialists. Despite leading most other specialists in compensation, only 50 percent of orthopedists reported feeling fairly compensated. All statistics are from the Medscape Physician Compensation Report 2012.

Despite the prevalence of pay-for-performance compensation in healthcare, a new editorial in the British Journal of Medicine suggests the concept "rests on flawed assumptions about medicine, measurement and motivation" and may encourage providers to game the system.

Here are 15 statistics on orthopedic surgeon compensation based on the Medscape Orthopedist Compensation Report 2012.

Sports medicine is the third most popular subspecialty area among orthopedic surgeons, according to the American Academy of Orthopaedic Surgeons 2010 Orthopaedic Surgeon Census. Approximately 38 percent of orthopedic surgeons reported focusing on sports medicine, with 39 percent reporting their focus as arthroscopy. Careermd.com supports the trend toward orthopedic surgeons identifying as sports medicine specialists, with 41 percent of their respondents indicating sports medicine as their subspecialty. The only higher mentions were arthroscopy and adult knee, with 47 and 49 percent of respondents, respectively.

After former CEO Stephen MacMillan resigned last week, Stryker announced the interim chief executive will receive a $750,000 annual salary, according to a Wall Street Journal report.