Radiology compensation is more than just radiologist salaries. It also includes radiologic technologist and interventional radiology compensation, along with other subspecialties. Radiology pay incorporates bonuses, incentives, benefits and vacation time.
Even before the onset of COVID-19, data suggested that rads’ after-hours workloads had doubled in proportion to the increase in emergency department visits in the years leading up to 2020.
Members of the specialty should begin their next job with an exit strategy in mind or risk losing a hefty sum in the process, according to a new opinion piece.
In 2024, the average radiologist saw their compensation climb about 7.5%, up to $571,749, behind only pediatric nephrology (15.6%), preventive medicine (10%), and pediatrics/general medicine (8.5%).
Described as “disastrous” and “ominous,” the proposed cuts have been subject to rampant industry-wide backlash, with some cautioning that, if enacted, the reductions could cause “immediate financial instability” in the Medicare physician payment system.
Prior to the Dec. 15 announcement, CMS had released a different statement in June informing the public that they were reconsidering the amount of PET scans that Alzheimer’s patients undergoing monoclonal antibody treatment can receive.
Hospitals are rich and poised to get richer while independent physicians and groups continue to take it on the chin, facing ever more onerous pressures to consolidate under the headship of large hospitals, health systems or for-profit practice management companies.
The American College of Radiology is offering an initial appraisal of the rates CMS will pay next year for outpatient radiology and radiation oncology services through the Hospital Outpatient Prospective Payment System.