The economics of plastic surgery practices: trends in income, procedure mix, and volume

Plastic and Reconstructive Surgery
Lloyd M Krieger, Gordon K Lee

Abstract

Anecdotally, plastic surgeons have complained of working harder for the same or less income in recent years. They also complain of falling fees for reconstructive surgery and increasing competition for cosmetic surgery. This study examined these notions using the best available data. To gain a better understanding of the current plastic surgery market, plastic surgeon incomes, fees, volume, and relative mix of cosmetic and reconstructive surgery were analyzed between the years 1992 and 2002. To gain a broader perspective, plastic surgeon income trends were then compared with those of other medical specialties and of nonmedical professions. The data show that in real dollars, plastic surgeon incomes have remained essentially steady in recent years, despite plastic surgeons increasing their surgery load by an average of 41 percent over the past 10 years. The overall income trend is similar to that of members of other medical specialties and other nonmedical professionals. The average practice percentage of cosmetic surgery was calculated and found to have increased from 27 percent in 1992 to 58 percent in 2002. This most likely can be explained by the findings that real dollar fees collected for cosmetic surgery have decreased ve...Continue Reading

References

Feb 2, 2000·Plastic and Reconstructive Surgery·L M Krieger, W W Shaw
Mar 21, 2000·Plastic and Reconstructive Surgery·L M Krieger, W W Shaw
Jan 10, 2001·Plastic and Reconstructive Surgery·L M Krieger, W W Shaw

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Citations

Aug 30, 2008·Aesthetic Plastic Surgery·W Grant StevensDavid A Stoker
Aug 21, 2009·Obesity Surgery·Michele A ShermakDavid Chang
Dec 3, 2009·Plastic and Reconstructive Surgery·Michael W Chen, Deepak Narayan
Dec 3, 2009·Plastic and Reconstructive Surgery·Amy K AldermanKarol A Gutowski
Jul 3, 2010·Plastic and Reconstructive Surgery·L Scott Levin
Apr 9, 2010·Plastic and Reconstructive Surgery·Rachel StreuAmy K Alderman
Apr 25, 2008·Annals of Plastic Surgery·William C LineaweaverTanya Oswald
Jan 11, 2011·Indian Journal of Plastic Surgery : Official Publication of the Association of Plastic Surgeons of India·Avinash De Sousa
Jun 14, 2013·The Breast Journal·Tina Hernandez-BoussardCatherine Curtin
Aug 1, 2015·Aesthetic Surgery Journal·Jason SilvestreBenjamin Chang
May 3, 2006·Plastic and Reconstructive Surgery·Alan MatarassoMarlene Rankin
Jan 19, 2007·Plastic and Reconstructive Surgery·Rajiv Y Chandawarkar, Satyajit Dutta
Jun 4, 2008·Plastic and Reconstructive Surgery·Tom S Liu, Timothy A Miller
Mar 20, 2008·Plastic and Reconstructive Surgery·Salvatore J PacellaWilliam M Kuzon
Dec 20, 2007·Plastic and Reconstructive Surgery·J Bauer HortonRod J Rohrich
Oct 8, 2014·Plastic and Reconstructive Surgery. Global Open·Raffi Gurunluoglu, Michael Bronsert
Sep 4, 2008·Plastic and Reconstructive Surgery·Jeffrey A GusenoffHoward N Langstein
May 28, 2020·Plastic and Reconstructive Surgery·Nicholas G CuccoloSamuel J Lin
Mar 19, 2013·Annals of Plastic Surgery·Jonathan YangPankaj Tiwari
Jun 26, 2015·Plastic and Reconstructive Surgery·David A AtashrooHenry C Vasconez
May 29, 2014·Plastic and Reconstructive Surgery·Stelios C WilsonPierre B Saadeh
Dec 17, 2015·Annals of Plastic Surgery·Andrew S Aherrera, Sonal N Pandya
Jun 27, 2020·Plastic and Reconstructive Surgery·Nikita GuptaWilliam J Casey
Sep 11, 2020·Journal of the Royal Society of Medicine·Steve Iliffe, Jill Manthorpe
Jan 1, 2014·Annals of Plastic Surgery·Bruce A Mast
Apr 27, 2021·Journal of Plastic, Reconstructive & Aesthetic Surgery : JPRAS·Ishani D PremaratneJason A Spector
Jun 17, 2021·Plastic and Reconstructive Surgery·Ryan D WagnerSebastian Winocour
Jun 13, 2021·Annals of Plastic Surgery·Matthew J DavisEdward M Reece

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