About RadParity

The problem

Radiology is a business. Most radiologists enter it without the tools to understand it as one.

The field has consolidated rapidly. Private equity platforms now employ thousands of radiologists across the country. Health systems have absorbed independent practices. Teleradiology companies have restructured how shift-based work gets done. The employers radiologists are evaluating today are organizationally and economically more complex than at any point in the specialty's history.

Yet the information available to radiologists navigating these decisions has not kept pace. Compensation benchmarks are scarce or unreliable. Contract terms are negotiated in isolation. Partnership economics are poorly understood until after a decision has been made. The employer sitting across the table almost always knows more than the physician across from them.

This asymmetry is structural. It is also correctable.

The mission

RadParity exists to reduce information and business literacy asymmetry between radiologists and the increasingly consolidated world they are entering.

That means two things in practice. First, building financial and business literacy in a physician workforce that is often underprepared for the economic realities of modern radiology employment. Second, working toward a world where the verified, physician-sourced intelligence that should inform these decisions actually exists and is accessible.

The work

RadParity currently publishes in two places.

The RadParity YouTube channel produces free educational content for residents, fellows, and early-career radiologists, covering contracts, compensation models, partnership structures, tax implications, offer evaluation, and the business mechanics of radiology employment. The goal is to make the information that currently lives in private networks and recruiter conversations accessible to every radiologist, regardless of who they know.

The Impression is an analytical publication covering radiology employment economics: PE consolidation, physician labor markets, compensation structures, and what the business of radiology means for the physicians practicing it.

About the founder

RadParity was founded by Cort Wernz, MD, a diagnostic radiology resident at the University of Washington.

Before medicine, Cort spent several years in corporate finance doing accounting and financial performance analysis at a major publicly traded energy company. He holds a CPA license.

The moment that crystallized the need for RadParity came during intern year, listening to an attending describe the regret he felt after his private practice group sold to a private equity firm. He and his partners hadn't fully understood what they had agreed to. Years of work and ownership changed hands, and many of the most important details were only clear in retrospect.

That story is not unusual. It should be.