The gastroenterology industry faces challenges like declining reimbursement rates and staffing shortages, even as demand for GI procedures increases due to a lowering of the recommended age for colonoscopies and rising obesity rates. Cuts proposed for 2025 by CMS could exacerbate these issues, particularly for private practice, which makes up a large part of the specialty. This may lead to more consolidation in the industry as independent practices struggle to compete with larger hospitals offering higher salaries to new graduates.
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