Introduction 2024 is set to amplify ongoing revenue challenges for orthopedic practices. Between inflation, economic uncertainty, the endless staff shortage cycle and Medicare payment reductions — orthopedic practices need to stop the bleeding. Healthcare executives are grappling with how to scale growth while coping with economic uncertainty and changing patient demands. “Continued focus on providing value by improving quality, while simultaneously controlling the costs of care has been a ‘trend’ for the last several years that will be with us indefinitely. Despite current economic challenges and increased costs, some practices are rising to the top, generating $138,522 more in revenue per physician per year than the competition.

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