GI & Endoscopy

Exton, Pa.-based US Digestive Health, one of the largest gastroenterology practices in the U.S., has opened a new location in Colmar, Pa. 

Gastroenterologists working at physician-owned entities outearn their hospital and management service counterparts, according to Healthcare Appraisers' 2023 GI "Industry Outlook" report, published in September. 

Gastroenterologists are expecting to see Medicare payment cuts for both facility and non-facility billing for the top 10 most common GI CPT codes in 2024, according to Healthcare Appraisers' 2023 GI "Industry Outlook" report, published in September.

The majority of gastroenterology procedures performed in 2023 were charged to commercial payers, according to Healthcare Appraisers' 2023 GI "Industry Outlook" report, published in September. 

Since 2016, gastroenterology practices have undergone a wave of consolidation as private equity-backed companies, including Gastro Health and United Digestive, have acquired hundreds of providers nationwide. 

The gastroenterology industry continues to consolidate, with private equity-backed GI giants such as Miami-based Gastro Health and Southlake, Texas-based GI Alliance scooping up physicians. 

Here are five numbers worth watching in gastroenterology today: 

Loma Linda University Children's Hospital has become one of two hospitals in Southern California to implement transnasal endoscopy without sedation in children. 

Medical data intelligence platform Lynx.MD has partnered with Allied Digestive Health, a leading GI practice with over 60 locations in New York and New Jersey. 

The most common gastroenterology procedure performed in 2023 was a liver elastography, according to November data from Definitive Healthcare, which will cost patients an average of $134.