1. According to the Medscape Gastroenterologist Compensation Report 2017, gastroenterologists earn $391,000 overall, up 3 percent from the 2016 Medscape survey.
2. The Medscape report indicates that the average compensation for foreign trained gastroenterologists — $409,000 — exceeds that of their U.S.-trained counterparts —$384,000 — by 7 percent.
3. GI compensation by geographic area:
- Northwest: $564,000
- $477k North Central
- $436k Great Lakes
- $401k Southeast
- $391k West*
- $371k Northeast
- $365k Southwest
- $362k Mid-Atlantic
- $345k South Central
*West includes Alaska and Hawaii.
4. Self-employed gastroenterologists earn 24 percent more than their employed peers — $434,000 versus $350,000.
5. Among gastroenterologists, men earned $409,000, 33 percent higher than women, who earned $308,000.
6. The Medscape report indicated that 42 percent of gastroenterologists believe they should earn 11 percent to 25 percent more annually. Around half — 51 percent — feel fairly compensated.
7. The median hourly wage for a gastroenterologist is $173 as of Jan. 2, with a range usually between $146 to $204, according to Salary.com.
8. Entry-level pay for gastroenterologists is about $288,000 per year. Mid-career gastroenterologists earn approximately $313,000 per year, according to PayScale.
9. Medscape reports among employed gastroenterologists, 55 percent aim for promotion. A slightly lower percentage of men — 53 percent — than women — 59 percent — report they are seeking promotion.
10. Almost all — 94 percent — of male gastroenterologists work full-time; 89 percent of female gastroenterologists work full-time, the Medscape report indicates.
11. According to the Medscape report, gastroenterologists’ participation in accountable care organizations increased from 34 percent in 2016 to 40 percent; 3 percent had concierge practices and 4 percent had cash-only practices.
12. Gastroenterologists receive $7,282 to $101,367 in bonuses every year and earn $110,000 in profit sharing, according to PayScale.
13. The median work RVU for gastroenterologists was 8,264 according to the American Medical Group Association’s “2016 Medical Group Compensation and Financial Survey,” a 2016 report based on 2015 data.
14. What benefits do gastroenterologists receive? According to the 2017 Medscape report:
- Health insurance: 75 percent
- Personal liability coverage: 70 percent
- Dental insurance: 59 percent
- Paid time off: 58 percent
- Retirement plan with employer match: 51 percent
- Vision insurance: 48 percent
- Long-term disability: 44 percent
- Life insurance: 43 percent
- Short-term disability: 41 percent
- Healthcare savings account: 34 percent
- Bonus: 33 percent
- Retirement plan with no employer match: 25 percent
- Commuter assistance: 7 percent
- None: 10 percent
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