Radiologist pay jumped nearly 8% in 2024 in the latest salary survey from Doximity. That’s the good news. The bad news is that radiology actually slipped a couple notches compared to other highly paid medical specialties.
In its latest survey, Doximity found that radiologists had an average annual salary of $572k in 2024.
- That’s up 7.5% compared to $532k in last year’s edition of the survey, giving radiologists the fourth-largest salary increase among medical specialties.
Radiology’s salary growth accelerated in 2024 compared to 2023, when radiology pay grew 5.6%.
- And the growth rate is up sharply compared to 2022, when rad salaries grew only 1.6% in a year when many doctors saw salary declines.
Diagnostic radiology occupied the 11th spot on Doximity’s list of highest-compensated specialties in 2024, slipping a couple positions compared to the 9th spot in last year’s survey.
- Moving ahead of radiology were pediatric (general) surgery and interventional radiology, two new physician categories added with this year’s survey.
Overall, the Doximity report found that physician compensation growth slowed last year compared to 2023 (3.7% vs. 5.9%), and the report also noted several other broad healthcare trends…
- The gender gap for doctor compensation worsened in 2024, with men now making 26% more than women compared to 23% more in 2023.
- Medicare and Medicaid reimbursement cuts are weighing heavily on physicians, with nearly one-third of doctors saying they have already (17%) or plan to in the future (13%) reduce how many of these patients they see.
- And the vast majority agreed (33%) or strongly agreed (48%) that current reimbursement policy is contributing to the decline of private-practice medicine.
- Burnout levels appear to be easing from the peak a few years ago, with fewer doctors saying they feel overworked (62% vs. 67%) and fewer saying they are thinking about leaving clinical practice (39% vs. 50%).
The Takeaway
Industry observers can complain about how AI and private equity are ruining radiology (see our title quote above), but the fact is that radiologists are still enjoying salary levels and compensation growth rates near the top of medicine. It’s not a bad price to pay.
