The average orthopedic surgeon generates $3.3 million a year in hospital revenue, according to Merritt Hawkins' 2022 "Review of Physician and Advanced Practitioner Recruiting Incentives."
Here are the five specialists that generate the highest annual revenue, according to Merrit Hawkins:
1. Cardiology (interventional): $3.5 million
2. Orthopedic surgery: $3.3 million
3. Gastroenterology: $2.9 million
4. Family medicine: $2.1 million
5. OB/GYN: $2 million
Editor's note: The report is based on responses from 2,695 permanent physicians and advanced practitioners and was conducted between April 1, 2021, and March 31, 2022.