Private practice volume

I’m wondering if there’s someone with experience in private practice who can comment on pay rates. I’m just entering the adult job market. I see that colonoscopy is 3.4 RVU and Medicare pays $34 per RVU. How can private practice afford to pay the rates I’m seeing, typically greater than 500k? Are people really doing 20-30 colonoscopies a day in private practice? Does private insurance pay more per RVU? I feel like I’m missing something.
Source: Student Doctor Network - Category: Universities & Medical Training Authors: Tags: Gastroenterology Source Type: forums