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.
Across all specialties, women docs collect 78 cents for every dollar taken in by men—a figure that adds up to $3.3 million over the course of a 30-year career, according to Marit Health.
Financial literacy is no longer optional for physicians. “If you're not financially viable, you can't function,” explained Nirat Beohar, MD. “The business education is probably just as important as learning a new procedure.”
Herbert D. Aronow, MD, reviewed the many ways the reimbursement landscape is changing thanks to new Medicare policies. “This is a really exciting time in the renal denervation space," he said.
PGY-2 radiology residents’ stipends ranged from less than $45,000 to over $65,000, with statistically significant differences based on region, according to new survey data.
Erik Rockswold, director research and quality, Rayus Radiology, explains the administrative burdens radiology groups experience for little return from the Merit-Based Incentive Payment System.
"These findings underscore IR’s accelerating transition toward comprehensive patient care, with significant implications for training, practice management, and the specialty’s role within the broader healthcare landscape," experts write.
UPDATED: Full-time U.S. radiologists take home about $526,000, a figure that includes base salary, incentive bonuses and other income such as profit-sharing contributions.
Radiology experts are warning that reimbursements for certain imaging services are not enough to cover expenses, putting specialists in a precarious position.
The American Association of Physicists in Medicine recently convened a panel of industry experts, devising a list of issues with the new quality metric.