Title
Economic Impact of Orthopedic Adult Reconstruction Office Practice: The Implications of Hospital Employment Models on Local Economies
Publication Date
6-1-2015
Document Type
Article
Abstract
The purpose of this study was to evaluate the economic attributes of private practice adult reconstruction (AR) offices. 458 AAHKS surgeons responded; 65% were in private practice (fee-for-service, non-salaried, non-employed AR surgeons). 54% had considered hospital employment in the past two years. The average group employs 13.4 orthopedic surgeons (3.4 AR), and 105 other employees. The average total budget is $12.5 million per year with $4 million in salaries, and $238,000 in tax revenue generated. Co-management joint ventures are a better model than hospital employment for aligning AR surgeons and hospitals and realizing the cost effectiveness and quality improvement goals of PPACA and AARA while preserving the economic impact of AR private practice.
Publication Title
The Journal of Arthroplasty
Volume
30
Issue
6
First Page
923
Last Page
930
DOI
10.1016/j.arth.2015.01.007
Publisher Policy
pre-print, post-print
Recommended Citation
Iorio, Richard; Fehring, Thomas; York, Sally; Froimson, Mark; Halsey, David; Odum, Susan; Davis, Charles M.; Santore, Richard; and McIntyre, Louis F., "Economic Impact of Orthopedic Adult Reconstruction Office Practice: The Implications of Hospital Employment Models on Local Economies" (2015). Nursing & Healthcare Leadership Publications. 113.
https://digitalcommons.tacoma.uw.edu/nursing_pub/113