This new BFMV study analyzes data from ten radiology groups representing more than 170 radiologists nationwide. The report provides normalized operating expense metrics that offer clear, comparative insight into the financial structure of radiology practices.
 
Operating expenses are evaluated as a percentage of both patient collections and total practice revenue, enabling consistent, apples‑to‑apples comparisons across the industry. Expense data were collected across a comprehensive set of categories, including:
Total Employed Physician Compensation
Total Physician Benefit Expense
Total Contracted Physician Compensation
Total Advanced Practice Provider Compensation
Total Advanced Practice Provider Benefit Cost
General Administrative
Accounting and Legal
Information Technology
Building, Occupancy, and Depreciation
Furniture, Equipment, and Depreciation
Professional Liability Insurance
Other Insurance Premiums
Outside Professional Fees
Promotion And Marketing
Billing, Collection, and MSO Purchased Services
Miscellaneous Operating Expense