Medscape released "Gastroenterologist Physician Compensation Report 2017."
Here are 10 facts and statistics relating to compensation, benefits and a regional salary breakdown:
1. Gastroenterologists make $391,000 on average including salary, bonuses and profit-sharing contributions.
2. Gastroenterologists, neurologists and gynecologists reported a 3 percent pay increase from 2016 to 2017.
3. Foreign-trained gastroenterologists make more ($409,000) than their U.S. counterparts ($384,000) on average.
4. Concerning gender by race/ethnicity breakdown:
Black/African American:
- Men — 60 percent men
- Women — 40 percent
Asian:
- Men — 72 percent
- Women — 28 percent
Hispanic:
- Men — 76 percent
- Women — 24 percent
White:
- Men — 87 percent
- Women — 13 percent
5. Concerning compensation by geographical area:
- Northwest — $564,000
- North Central — $477,000
- Great Lakes — $436,000
- Southeast — $401,000
- West — $391,000
- Northeast — $371,000
- Southwest — $365,000
- Mid-Atlantic — $362,000
- South Central — $345,000
6. Self-employed gastroenterologists make more ($434,000) than employed gastroenterologists ($350,000).
7. Male gastroenterologists ($409,000) make more on average than female gastroenterologists ($308,000).
8. Gastroenterologists receive a wealth of benefits in their compensation packages. Seventy-five percent receive employee subsidized health insurance; 70 percent received employee subsidized professional liability coverage; 59 percent receive employee subsidized dental insurance; 58 percent have paid time off; and 51 percent have a retirement plan with an employer match.
For other benefits gastroenterologists receive, click here.
9. A large majority of gastroenterologists work full time. Ninety-four percent of male and 89 percent of female gastroenterologists work full time, while 6 percent of male and 11 percent of female gastroenterologists work part-time.
10. Fifty-one percent of gastroenterologists feel they're fairly compensated.