30 stats on the gastroenterology industry

The gastroenterology industry is constantly evolving — here's where it stands today through the lenses of salary, ASC case mix, procedure costs and other statistics.

ASC

  • Gastroenterology is the most-represented specialty among ASCs, making up 32 percent of all cases, according to VMG Health's "Multi-Specialty ASC Benchmarking Study" for 2022.
  • The average net revenue of gastroenterology cases in ASCs is $1,079, according to VMG Health's "Multi-Specialty ASC Benchmarking Study" for 2022.
  • Gastroenterology claims the highest percentage of ASC cases of any surgical specialty across regions, according to VMG Health's "Multi-Specialty ASC Benchmarking Study" for 2022.
  • The national median revenue per case for gastroenterology is $1,047, according to VMG Health's "Multi-Specialty ASC Benchmarking Study" for 2022.
  • Gastroenterology comprises 41 percent of cases for ASCs in the Atlantic, the highest of any region, according to VMG Health's "Multi-Specialty ASC Benchmarking Study" for 2022.

Procedures, conditions and medication

  • Iowa is the least expensive state in the U.S. to undergo a colonoscopy with a biopsy, according to Sidecar Health's care calculator.
  • Alaska is the most expensive state in the U.S. to undergo a routine colonoscopy, according to Sidecar Health's care calculator.
  • Iowa is the least expensive state in the U.S. to undergo a colonoscopy with polyp removal, according to Sidecar Health's care calculator.
  • Laparoscopic sleeve gastrectomy has the highest procedure volume of any bariatric surgery with 23,800 total procedures, according to data analytics company Definitive Healthcare.
  • Omeprazole was the most prescribed gastroenterology medication in 2021, according to data analytics company Definitive Healthcare.
  • Gastroesophageal reflux disease was the most diagnosed gastrointestinal condition in 2021, according to data analytics company Definitive Healthcare.
  • Liver elastography was the gastroenterology procedure with the highest volume in 2021, according to claims data in a May report from Definitive Healthcare.

Salary and wealth

  • The average base salary for gastroenterologists has decreased 1.2 percent since 2016, according to recruiting firm Merritt Hawkins' 2022 "Review of Physician and Advanced Practitioner Recruiting Incentives."
  • Twenty-two percent of gastroenterologists reported a net worth of more than $5 million, according to Medscape's "Physician Wealth & Debt Report 2022."
  • Median gastroenterologist revenue hit a two-year high March 1, according to consulting firm Kaufman Hall's "Physician Flash Report."
  • Gastroenterology is the sixth wealthiest medical speciality, according to Medscape's "Physicians Compensation Reports."
  • The average incentive bonus for a gastroenterologist is $74,000, according to Medscape's "Physician Compensation Report 2022."
  • Chicago is the best paying city for midcareer gastroenterologists in any practice setting when comparing the five most populous cities in the U.S., according to the Medscape Salary Explorer.
  • Seventeen percent of gastroenterologists reported a net worth of less than $500,000, according to Medscape's Physician Wealth & Debt Report 2022.
  • Seventeen percent of gastroenterologists said they are still paying off student loans, according to Medscape's Physician Wealth & Debt Report 2022.

Recruiting

  • Gastroenterology is expected to be down 1,630 physicians by 2025, according to Physicians Thrive's "2022 Physician Compensation Report."
  • Gastroenterologists are the fourth most recruited physicians, according to Physicians Thrive's "2022 Physician Compensation Report."
  • Gastroenterologists are the most in-demand physician specialists, according to Merritt Hawkins and AMN Healthcare's 2022 "Review of Physician and Advanced Practitioner Recruiting Incentives."
  • Gastroenterology has the second-highest telemedicine usage of any adult speciality as of June 2021, according to Doximity's "State of Telemedicine Report."

Miscellaneous

  • Colorectal cancer, the third leading cause of cancer-related deaths in men and in women, is projected to cause 52,280 deaths this year, according to the American Cancer Society.
  • Gastroenterologist productivity dropped 16.2 percent from March 2020 to March 2022, according to Kaufman Hall's "Physician Flash Report."
  • Cincinnati Children's Hospital topped U.S. News & World Report's list of best children's hospitals for gastroenterology and gastrointestinal surgery.
  • Nine percent of gastroenterologists reported having suicidal thoughts, according to Medscape's "Physician Suicide Report 2022."
  • Rochester, Minn.-based Mayo Clinic was named the best hospital for gastroenterology and GI surgery in 2022 by U.S. News & World Report.
  • The global gastroenterology market is expected to reach a $43.7 billion valuation by 2028, growing at a rate of 3.33 percent, according to a July report from Market Growth Reports.

 

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