Becker's ASC Review

November/December 2022 Issue of Becker's ASC Review

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37 GASTROENTEROLOGY 10 statistics on gastroenterologists' wealth, debt By Riz Hatton Here are 10 statistics on gastroenterologist salary, wealth and debt: 1. e 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." 2. Twenty-two percent of gastroenterologists reported a net worth of more than $5 million, according to Medscape's "Physician Wealth & Debt Report 2022." 3. Median gastroenterologist revenue hit a two-year high March 1, according to consulting firm Kaufman Hall's "Physician Flash Report." 4. Gastroenterology is the sixth-wealthiest medical speciality, according to Medscape's "Physicians Compensation Reports." 5. e average incentive bonus for a gastroenterologist is $74,000, according to Medscape's "Physician Compensation Report 2022." 6. Dallas is the highest-paying U.S. city for midcareer (eight to 14 years) gastroenterologists, according to the Medscape Salary Explorer. 7. Atlanta is the highest-paying city for late-career (22 to 28 years) gastroenterologists, according to the Medscape Salary Explorer. 8. Seventeen percent of gastroenterologists reported a net worth of less than $500,000, according to Medscape's Physician Wealth & Debt Report 2022. 9. Seventeen percent of gastroenterologists said they are still paying off student loans, according to Medscape's Physician Wealth & Debt Report 2022. 10. More than half of gastroenterologists younger than 40 have student loan debt, according to Medscape's "Young Physician Compensation Report 2022." n GI OnDemand strikes 2nd partnership in 2 days By Claire Wallace G I OnDemand has partnered with Mindset Health, the developer of a hypnotherapy program mobile app, just a day after announcing its partnership with irritable bowel disease management solution Trellus Health. GI OnDemand has partnered with Mindset Health to provide patients with a six-week, gut-focused hypnotherapy program that helps patients with irritable bowel syndrome manage their symptoms. GI OnDemand is a joint venture between Bethesda, Md.-based American College of Gastroenterology and Gastro Girl. Mindset's gut hypnosis program, Nerva, was developed by Simone Peters, MD, a GI researcher who discovered the benefits of gut-directed hypnotherapy in a study at Monash University in Melbourne, Australia. "Given the multifactorial nature of IBS, a multidisciplinary approach that includes brain-gut behavioral therapies is critical for many patients," Megan Riehl, PsyD, director of behavioral health services for GI OnDemand, said in an Oct. 20 press release. "Direct access to a GI psychologist remains limited and has been a significant barrier to receiving this evidence-based care. Providers now have a trusted solution for access issues with an excellent product. Nerva is a self-directed digital therapeutic with proven benefits that patients will find easy to use and effective." n Maryland endoscopy provider opens 323,000-square-foot manufacturing plant in Mexico By Claire Wallace C olumbia, Md.-based single-use endoscopy developer Ambu has opened a 323,000-square- foot manufacturing plant in Ciudad Juarez, Mexico, to ramp up supply production. Ambu hopes that having more plants in North America will allow them to be closer to the U.S. sales market, according to an Oct. 13 press release. The company anticipates the plant will create 2,000 to 3,000 jobs in the region. "Demand for single-use endoscopes continues to grow in the U.S., and with the Mexico plant, we will be able to maintain a strengthened supply of medical devices, which will ultimately benefit our customers and their patients – for years to come," Ambu President Steven Block said in the release. n

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