Ms. Katehi said in the report that it would have cost $500,000 to hire an executive search firm, and the search would have taken roughly a year.
Ms. Rice will now make $960,000 per year, and her salary is paid through hospital fees, not state money or student tuition, the report said.
Related Articles on Academic Hospital Salaries:
UC Davis Medical Center CEO Receives $259k Raise
Academic Hospitalists Earn $173K, Less Than Non-Academic Counterparts
Physician Compensation in Academic Settings Increased in 2010
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