Orthopods still cutting it

PROFITS FOCUS

Orthopaedic surgeons continue to be on average the highest earners in private practice, as Ray Stanbridge’s latest analysis demonstrates.

They’ve done very well! Gross incomes increased by about 1.6% between 2017 and 2018, rising from £190,000 to £193,000.  

Costs fell by about 5.7% on average, dropping from £69,000 to £65,000. As a result, taxable profits rose by about 5.5% from £121,000 to £128,000. 

Orthopaedic surgeons are still at the top of the tree in the independent practitioner income stakes.

We are aware of ongoing fee pressures by insurers on orthopaedic surgeons and this primarily accounts for the modest growth in gross fees. There was some growth in self-pay, but this market seems to have grown quicker according to the latest figures we have for 2018-19, the year after our survey.