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39 GASTROENTEROLOGY 9 latest statistics on gastroenterologist salaries, net worth, job prospects & more By Eric Oliver H ere are nine things to know about income, net worth, starting salary, payer models and jobs for gastroen- terologists: 1. Gastroenterologists reported earning $419,000 per year, according to Medscape's "Gastroenterologist Compensation Report 2020." 2. While GIs aren't toward the top of the list for average incentive bonuses, they still reported receiving $63,000 in bonuses. 3. Forty-two percent of GIs said they always received their bonus. 4. Male gastroenterologists out-earned fe- male GIs $430,000 to $375,000 per year. 5. Concerning time spent seeing patients, male GIs reported spending 42.5 hours per week with patients, while female GIs spent 38.3 hours per week with patients. 6. Many GIs have help. Fiy-three percent of GIs reported having nurse practitioners, and 37 percent reported having a physician assistant. 7. Having an NP or PA in a practice increased profits, according to 52 percent of GIs. 8. GIs participated in an array of payment models. About 78 percent take insurance, 45 percent participate in a fee-for-service model, 23 percent participate in accountable care organizations and 8 percent employ a cash-only practice model. 9. New GI hires reported a 14.29 percent increase in initial provider compensation in 2019, according to an MGMA report. GIs reported receiving a starting salary around $400,000 per year. n Pinnacle GI Partners makes 1st transactions a month after formation By Eric Oliver P innacle GI Partners partnered with Michigan Gastroenterol- ogy Institute and Capitol Colorectal Surgery on Jan. 8, just slightly over a month after its formation. Lansing, Mich.-based Michigan Gastroenterology Institute was formed in 1988. Its team of gastroenterologists and advanced practice providers staff 12 facilities in Lansing. Lansing-based Capitol Colorectal Surgery has provided surgical care in Lansing for more than 40 years. The partnership makes Pinnacle GI Partners the largest provider of gastroenterology services in Michigan. Pinnacle now rep- resents 40 providers, including 21 gastroenterologists, three colorectal surgeons and 16 advanced practice providers. Partna Nandi, MD, platform president, said: "Through our part- nership with MGI and CCS, we can continue to provide excel- lent gastrointestinal care throughout Michigan. Our esteemed partners at MGI and CCS share our vision of preserving indepen- dent physician practices and leveraging the best practices of our organization." Pinnacle GI Partners was formed Dec. 1, when H.I.G. Growth Part- ners reached a deal with Rochester Hills, Mich.-based The Center for Digestive Health. n Texas GI group could build endoscopy center, clinic in medical office building development By Eric Oliver A developer is building a pair of medi- cal office buildings in Leander, Texas, that could house an endoscopy center and gastroenterology clinic owned by Austin Gastroenterology, Community Impact reported Jan. 8. The developer will construct a one-story, 20,000-square-foot medical office building and a two-story, 27,000-square-foot building on an 8-acre development in Leander. Trac Bledsoe, who represented the developer, said Austin Gastroenterology is interested in developing the aforementioned facilities at the site. Mr. Bledsoe said construction would start in the middle of the year. n