Male surgeons more likely to earn royalty income
Crain’s New York Business reports on a study co-authored by HSS foot and ankle surgeon, Anne Holland Johnson, MD, showing male orthopedic surgeons are more likely to earn royalty outcome. According to the study, the average male orthopedic surgeon received five times more than the highest-earning women from royalty licensing and consulting fees.
The authors analyzed nearly $816 million in physicians payments, as reported to the Centers for Medicare and Medicaid Services from 2016 to 2017, and found 11 percent of physicians earned 88 percent of that money. Of that group, 98 percent were men, and two percent were women.
The authors concluded that being a man, having more years of experience, working in the Mountain Region of the U.S. and working in the adult reconstructive subspecialty were all predictors of higher industry payments.
Read the full article at Crainsnewyork.com.
Additional coverage: Beckersspine.com.