2023 Senior Fellows Program (2nd & 3rd Year) | August 2023-Berggreen GI Alliance talk

Berggreen GI Alliance talk

Pdf Summary

This document provides an overview of the opportunities and landscape within the field of gastroenterology. Gastroenterology is the second largest internal medicine sub-specialty in the US, with 76 million people suffering from GI disorders. The demand for GI services is expected to grow at a rate of 4% annually. There are over 100 million GI-related ambulatory care visits per year, 46+ million endoscopies, and 9.0+ million GI-related hospitalizations. The addressable market for GI services is approximately $40 billion.<br /><br />The document highlights trends that impact physicians in the field, including decreased payor reimbursement, limited operational decision-making, increased regulatory requirements, and competition for patients, staff, and physicians. Physician practice types are also discussed, with an increasing trend toward employment by payors or hospitals/health systems.<br /><br />The GI Alliance is introduced as a physician-led national GI healthcare platform that aims to be the preferred choice for patients seeking high-quality care. It currently has 801 physicians, 330+ office locations, 132 endoscopy centers, 83 infusion centers, and 167 hospital affiliations.<br /><br />The advantages of partnering with the GI Alliance include aligned and partnership-oriented compensation and ownership, improved volumes and profitability through access to ancillary services, and centralized practice management services to decrease administrative burden. The GI Alliance differentiates itself by being physician-led and owned, preserving clinical autonomy, having an established management team, and focusing on a patient-first culture.<br /><br />Physicians are encouraged to consider factors such as short-term and long-term plans, salary, bonus, benefits, ownership opportunities, access to revenue streams, governance, autonomy, and contract negotiations when considering partnering with the GI Alliance.<br /><br />Overall, the document emphasizes the growing demand for GI services and the benefits of joining a physician-led organization like the GI Alliance.

Keywords

gastroenterology

GI disorders

demand

physician-led

healthcare platform

physicians

compensation

ownership

administrative burden

patient-first culture