UCLA Hospital Criticized for Executive Raise Alongside University Cutbacks

University of California Los Angeles regents are facing criticism for boosting the annual compensation of UCLA top hospital executive David Feinberg by $410,000, while the university simultaneously raises employee contributions to its badly underfunded retirement plans, according to an LA Times report.

Advertisement

Mr. Feinberg’s total compensation will jump to around $1.3 million. Officials say $250,000 of the raise will come from private donations, according to the report.

UCLA Chancellor Gene Block said the university hospital must keep Mr. Feinberg’s compensation competitive if it expects the top executive to stay. Three regents voted against the raises, raising concerns that increases were inappropriate during a time of university cutbacks.

Read the LA Times report on UCLA hospital executive compensation.

Read more on compensation:

–Physician Incentive Plans on the Rise

–8 Statistics About Compensation of CEOs and CFOs of Non-Profit Healthcare Organizations

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Compensation Issues

Advertisement

Comments are closed.