14 statistics on GI physician salary, compensation

Gastroenterologist salary and compensation varies by region of the country, experience and practice setting. Here are 14 things to know.

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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