Methods in brief
The "§" links above point here. The full report has every equation, table and source. We simulated
futures and kept the not already contradicted by events (such as an FDA-authorized
autonomous radiology read before now); with that many, simulation noise is under half a point.
Baseline demand
Radiologist work grows with demographics (+0.52%/yr, from projections adjusted for lower immigration),
imaging per person (starting near %/yr and slowing, combining recent claims-based trends
with the history reconstruction) and work per exam (0.4%/yr, slowing),
minus up to 15% displaced by blood tests and other alternatives. Today's shortage (median , 80% range
–) combines workforce projections and market signals
with the history reconstruction.
Report §4.1
AI time savings
Radiologist time is split into five tasks: interpretation 42%, drafting and measurement 18%, consultation 13%, administration 15%, procedures
12%. Each has an uncertain maximum AI time saving, a capability curve and an adoption curve.
Maximums are anchored on measured effects: 15.5% faster documentation in live use, 42% faster reading in a
reader study, and no significant pooled saving in real-world deployments.
AI also adds oversight work. Adoption speeds up while there is a shortage. Report §4.2
Regulation and adoption
Each of the four tiers must pass validation, FDA authorization, and liability and payment acceptance before AI-first reading
can begin, and an AI-first study still needs about a fifth of the radiologist's time for audit and sign-off (far less in the transformative-AI regime).
Lags are anchored on MASAI (~5 years), the scarcity of clinical validation,
autonomous retinal AI (3 years from FDA to payment), liability research,
and the spread of computer-aided detection and electronic health records.
Tier sizes come from autonomous-AI studies. Report §4.3
Jevons accounting
New work created by AI = cheaper reads (price elasticity ≈ −0.2 × fee share ≈ 20%)
+ faster turnaround + scanner throughput + new uses + follow-up of AI-found findings + new radiologist tasks − AI utilization management − reads shifting
to other doctors, capped by scanner capacity. Time saved = baseline work × share of time AI saves. A Jevons paradox means new work exceeds time saved.
Report §4.4
Supply
A cohort model tracks radiologists by years in practice (mean career ≈ 35 years; measured attrition 2.0–2.5%/yr in 2019–2022), calibrated so that flat residency positions
reproduce the Neiman Institute's +25.7% by 2055. Positions (1,241 in 2026) grow
about %/yr, a little below the 2010–2025 pace, and react to the market with a lag.
New residents enter practice ~6 years after matching. Report §4.5
Market adjustment
Each year about of the remaining gap between supply and demand closes (80% range
–) as work shifts between radiologists and other doctors and labor-saving tools
spread faster or slower, up to a limit of about of demand (–).
History bounds both only from below (fitted on 1995–2013, checked on 2015–2025); the upper ends are judgments
(history test). Beyond the limit, a gap persists until residency
positions respond. Report §4.7
Pay readout
Radiologist pay relative to other physicians changes each year in proportion to the imbalance (β ≈ –
per unit of log supply ÷ demand; fitted to 2001–2014 and refitted on all years; it matches 2022–2025 only after we recoded the earlier pay data). Each
year it also closes 5–20% of its gap to a normal level between today's and about 15% below it, before the recent shortage premium (both judgments).
Imbalances beyond ±5% are treated as ±5%, since the fit saw only small ones. It does not feed back
into supply or demand. Report §9.2
Uncertainty and regimes
uncertain inputs are drawn from explicit distributions and correlated through three shared factors: AI progress,
regulatory friction and appetite for imaging. The AI factor picks one of the four regimes. Each input is graded anchored or
subjective (see all). Report §4.6
Validation
The supply model reproduces published projections, unit tests check the accounting identities, the model is tested against radiology's
job market since 1995 with a time split between fitting and held-out years, and a 2016→2025 backtest of three other jobs compares a
simplified version of the method with official projections and trends. Report §6
Sensitivity analysis
Alternative assumptions and model designs (the table under How sure?) and, in the report, a tornado chart that pins groups
of inputs at their 10th and 90th percentiles, variance shares and evidence-class attribution. Report §8