• Vivien Treacy

Top Three GI & Endoscopy Trends 2020

2020 has been a chaotic year for the healthcare industry, with each specialty affected in numerous and different ways. Here are the top three GI & Endoscopy Ambulatory Practice trends so far this year:

1. COVID-19

2. CRC Guidelines Update

The U.S. Multi-Society Task Force on Colorectal Cancer updated its 2012 recommendations for post-colonoscopy follow-up with or without polypectomy. Recommendations include:

  • Additional follow-up details and recommendations for patients after serrated polyp removal

  • Utilize CRC outcomes risk criteria and recommended polyp surveillance.

  • Implement high-quality and thorough baseline exams.

3. Compensation & Private Equity

  • The average annual comp for Gastroenterologists remained at $419,000 from 2019 to 2020.

  • This is the sixth-highest annual comp for specialty physicians nationwide, according to Medscape's "Physician Debt & Net Worth Report 2020."

  • On a related note, investment activity saw a sharp slowdown in the first half of the year (only four deals closed).

  • Analysts expect private equity investments to pick back up towards the end of 2020.

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