Described herein are examples of adjustable orthopedic reamer heads and methods for preparing a bone to receive an implant. The adjustable reamer heads and methods can include changing a cutting characteristic such as the size of an adjustable reamer head. In an illustrative example of an adjustable reamer head, the reamer head can include a housing, an actuator and a plurality of cutting elements. The plurality of cutting elements can be retained by the housing and can be operably coupled to the actuator. The plurality of cutting elements can include a first size cutting element and a second size cutting element. When the actuator is actuated, the first size cutting element and the second size cutting element can move relative to one another to change from a first cutting size to a second cutting size.
