Is it cheaper to have my colonoscopy done in my doctor's office than in a hospital?
The new GI specialist I’m going to has an entire floor dedicated to his practice. He does endoscopies and colonoscopies on the same floor so patients will not have to go to a hospital, outpatient center, etc. Is it safe to say that I will not be paying as much out of pocket as I would at a hospital or outpatient center?
No, it is not safe to say it will cost less. I would check to see where the hospital is located in proximity to the practice, in case the doctor accidentally punctures your colon (not often but it can happen) or something else goes wrong. If the practice is attached to the hospital, they can roll the patient straight to an ER in an emergency.
Also verify that the doctor is a Gastroenterologist and that the doctor is Board Certified in colonoscopies.
It depends entirely on your insurance.
In general, insurers pay more to the physician when he/she does procedures in the office, but pays less for facility fees. Hospitals almost always have higher bills, because the laws are such that paying patients end up paying for those who cannot or choose not to pay. So, although the physician will be paid less for doing the procedure in the hospital, the other charges will likely cause the overall bill to be higher.