Here are 10 facts and statistics relating to compensation, benefits and a regional salary breakdown:
1. Gastroenterologists make $391,000 on average including salary, bonuses and profit-sharing contributions.
2. Gastroenterologists, neurologists and gynecologists reported a 3 percent pay increase from 2016 to 2017.
3. Foreign-trained gastroenterologists make more ($409,000) than their U.S. counterparts ($384,000) on average.
4. Concerning gender by race/ethnicity breakdown:
Black/African American:
- Men — 60 percent men
- Women — 40 percent
Asian:
- Men — 72 percent
- Women — 28 percent
Hispanic:
- Men — 76 percent
- Women — 24 percent
White:
- Men — 87 percent
- Women — 13 percent
5. Concerning compensation by geographical area:
- Northwest — $564,000
- North Central — $477,000
- Great Lakes — $436,000
- Southeast — $401,000
- West — $391,000
- Northeast — $371,000
- Southwest — $365,000
- Mid-Atlantic — $362,000
- South Central — $345,000
6. Self-employed gastroenterologists make more ($434,000) than employed gastroenterologists ($350,000).
7. Male gastroenterologists ($409,000) make more on average than female gastroenterologists ($308,000).
8. Gastroenterologists receive a wealth of benefits in their compensation packages. Seventy-five percent receive employee subsidized health insurance; 70 percent received employee subsidized professional liability coverage; 59 percent receive employee subsidized dental insurance; 58 percent have paid time off; and 51 percent have a retirement plan with an employer match.
For other benefits gastroenterologists receive, click here.
9. A large majority of gastroenterologists work full time. Ninety-four percent of male and 89 percent of female gastroenterologists work full time, while 6 percent of male and 11 percent of female gastroenterologists work part-time.
10. Fifty-one percent of gastroenterologists feel they’re fairly compensated.
More articles on gastroenterology:
Patient, provider communication poor on how ulcerative colitis impacts quality of life
The top 45 ‘A’ rated Angie’s List gastroenterology practices across the US
Takeda expands gastroenterology efforts: Announces collaboration with NuBiyota
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
