Here are five key stats on how gastroenterologist pay stacks up compared to CEO pay:
1. Gastroenterologist income is up 11 percent in the last year, reaching $501,000 annually, according to Medscape's 2023 "Physician Compensation Report."
2. The average physician specialist pay was $382,000, $119,000 lower than GI pay.
3. Over half of gastroenterologists (56 percent) feel fairly compensated.
4. CEOs at S&P 500 companies made 324 times more than median company workers in 2021, according to AFL-CIO data cited by Forbes and reported July 18, 2022.
5. Here is the average hospital CEO pay per hour by hospital type and the ratio of the average CEO wage to other workers' wages, according to a study published in Health Affairs last year:
Major teaching hospital
- Average hospital CEO compensation per hour: $529
- Ratio of CEO wage to other workers' wages: 14:1
Minor teaching hospital
- Average hospital CEO compensation per hour: $292
- Ratio of CEO wage to other workers' wages: 9:1
Non-teaching hospital
- Average hospital CEO compensation per hour: $197
- Ratio of CEO wage to other workers' wages: 7:1
Urban hospital
- Average hospital CEO compensation per hour: $319
- Ratio of CEO wage to other workers' wages: 9:1
Rural hospital
- Average hospital CEO compensation per hour: $160
- Ratio of CEO wage to other workers' wages: 6:1