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It Pays To Be An Interventional Radiologist

January 7, 2014
Written by: , Filed in: Interventional Radiology, Practice Management
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Interventional diagnostic radiologists did well financially in 2012. Non-interventional diagnostic radiologists did less well.

Those are among the findings of the American Medical Group Association 2013 Medical Group Compensation and Financial Survey. The annual publication (available here in various formats and prices, the latter starting at $700) relies on a survey that drew responses from 280 medical groups representing almost 68,000 providers. The statistics are for 2012.

Interventional diagnostic radiologists reported median compensation of $504,772, up 4.02 percent from $485,277 in 2011. Non-interventional diagnostic radiologists’ median compensation fell 1.30 percent from $459,187 in 2011 to $453,216 in 2012. Both interventional and non-interventional radiologists did report increases in relative value units: 1.02 percent and 6.32 percent, respectively.

Topping the median compensation list were interventional cardiologists ($547,112, a 4.27 increase over 2011’s $524,731), followed by cardiac and thoracic surgeons ($525,944, a 3.33 percent decrease from 2011’s $544,087) and then interventional diagnostic radiologists.

Meanwhile, the U.S. Bureau of Labor Statistics offers some perspective on other health care occupations. The general category of physicians and surgeons carries the highest income, “greater than $166,400 per year” (the bureau’s income estimates apparently top out at $80 per hour). Jobs were expected to increase by 168,000, or 24 percent, from 2010 to 2020.

Here are some other health care fields, ranked by the expected increase in jobs over the decade (expressed as both a raw number and a percentage). Each entry also includes the 2010 median income.

  • Radiologic technologist, 61,000 jobs, 28 percent increase, $54,340
  • Diagnostic medical sonographer, 23,400 jobs, 44 percent increase, $64,380
  • Cardiovascular technologist/technician and vascular technologist, 14,500 jobs, 29 percent increase, $49,410
  • Nuclear medicine technologist, 4,100 jobs, 19 percent increase, $68,560
  • Radiation therapist, 3,400 jobs, 20 percent increase, $74,980

The health care occupation that’s forecast to grow the most during the 2010s is that of home health and personal care aide. The bureau figures that the field will add 1,313,200 jobs, an increase of 70 percent. And no student loans would be involved: the bureau lists the minimum education requirement as “less than high school.”

On the other hand, the 2010 median annual pay for home health aides was $20,560. For personal care aides it was $19,640.

Related CME seminar (up to 25.25 AMA PRA Category 1 credits™): UCSF Interventional Radiology Review

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