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MGMA Survey: Academic Radiology Faculty Docs Compensation Up Slightly
Yes, reimbursements are down and costs are up - but for academic faculty specialist physicians, there is some good news: Your income has increased slightly, according to new data from the Medical Group Management Association.
Yes, reimbursements are down and costs are up - but for academic faculty specialist physicians, there is some good news: Your income has increased slightly, according to new data from the Medical Group Management Association.
Academic faculty physicians in speciality as well as primary care saw a little boost between 2009 and 2010, even though compensation in that setting trails those in private practice.
For diagnostic radiologists, faculty reported a 0.56 percent increase to a media of $351,950 in 2010, according to MGMA’s Academic Practice Compensation and Production Survey for Faculty and Management: 2011 Report Based on 2010 Data. Since 2006, compensation for those in academia has risen more than 14 percent.
Your academic cohorts in primary care, meanwhile, saw a 3.47 percent increase since 2009, with a media salary of $163,704.
Those in pulmonary medicine saw the greatest jump since 2009 of 7.38 percent (and an 18 percent jump since 2006) to a median salary of $197,011. Non-invasive cardiologists benefited from a 6.7 percent increase since 2009 to $256,908.
MGMA’s annual report includes academic-specific data on physician and nonphysician faculty and management. This year’s report includes data on 18,776 faculty physicians and nonphysician providers categorized by specialty and 1,993 managers, according to MGMA.
The Reading Room: Artificial Intelligence: What RSNA 2020 Offered, and What 2021 Could Bring
December 5th 2020Nina Kottler, M.D., chief medical officer of AI at Radiology Partners, discusses, during RSNA 2020, what new developments the annual meeting provided about these technologies, sessions to access, and what to expect in the coming year.
Shaping the Future of Radiology in 2025: Trends, Threats, and Opportunities
January 10th 2025How do we respond to challenges with staff recruitment, cybersecurity, and looming hospital takeovers in radiology? This author assesses key trends in radiology and offers key insights to stay competitive in the field.
