Radiologist salaries in the U.S. declined in 2008 compared to 2007 after adjusting for inflation, according to a new survey by the Medical Group Management Association (MGMA).
In its annual review of physician compensation, the Englewood, CO, group found that compensation for primary care physicians and specialists didn't keep pace with inflation -- and that includes radiologists.
Radiologists in 2008 reported a median salary of $476,275.47, up 2.6% compared with a median salary of $464,420 in 2007. But when adjusted for inflation, radiologist salaries actually fell by 1.24%, the MGMA report said.
In addition, radiologists have enjoyed only single-digit wage growth since 2004 on an inflation-adjusted basis. Although actual salaries grew 17% from 2004 to 2008, when adjusted for inflation that increase was only 2.7%.
Still, radiologists are better off than most other physicians. The MGMA report found that physicians in primary care reported a 2% increase (-1.73% when adjusted for inflation) to a median salary of $186,044 in 2008. Specialists' compensation rose 2.2% (-1.6% when adjusted for inflation) to a median of $339,738.
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