Radiology Career and Resource Center

Radiologists Fear Universal Healthcare

Already handicapped by closer third-party-payer scrutiny of rising imaging costs, many radiologists fear the additional, potential effect of universal healthcare coverage on their medical practices. More than half (52 percent) of radiologists responding to a recent radiologist salary survey conducted by physician recruiting firm LocumTenens.com said universal healthcare would negatively affect their personal incomes.

Among almost 200 radiologist salary survey respondents, 39 percent indicated such a policy would have no effect on their earnings. Only 9 percent thought universal healthcare would positively affect their personal incomes.

LocumTenens.com Executive Vice President Katie Thill points out that today's radiology practices are being threatened "from all sides." She suggests that, probably more than other specialists, radiologists are continually caught between payers' need to control costs and skyrocketing practice expenses-especially considering the growing costs of necessities like new technology and liability protection.

Among radiologist respondents to a healthcare reform survey conducted earlier this year by LocumTenens.com, 42 percent offered negative comments about universal healthcare's potential effect on physicians' practices. Those comments highlighted potential downsides like greater bureaucracy and regulation, lower quality services, decreased reimbursement and access challenges.

However, some respondents to the survey were open to the prospect of universal healthcare coverage:

  • "It's the right thing to do no matter what the effect on my income, but I think it will help my private practice."
  • "Universal healthcare would reduce my income in the short term. But the longer term effect would be good, since the current system isn't sustainable."
  • "Such a large portion of our practice is 'no pay' that I believe the overall effect would be helpful."

While more than a quarter of responding radiologists (27%) reported earning less income in 2007 than in 2006, 73 percent said their 2007 income was greater than (44%), or about the same as (29%), their income in 2006.

Based on LocumTenens.com survey responses, the 2008 annual diagnostic radiologist salary averaged $367,907.70, roughly a 7-percent increase over an average $343,330 for respondents to the 2007 LocumTenens.com survey. Thirty-three percent of 2008 respondents were in private practice and 27 percent were employer-based, while 28 percent reported working on a locum tenens or contract basis exclusively.

 

LocumTenens.com, the agency | Call LocumTenens.com toll free at 800-930-0748

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