Dr. Retchin is contracted as senior adviser to the president for health policy for the next two years, after which time he will become a tenured professor in the College of Medicine. He is slated to earn a base salary of $500,00 per year with $600,000 annual contribution to his retirement plan, along with a possible 35 percent performance bonus.
As CEO of OSU Wexner, Dr. Retchin earned a $1.1 million base salary.
“Sheldon Retchin is a nationally recognized leader in healthcare policy,” said university spokesman Chris Davey. “During his two-year administrative appointment, he will advise the university concerning the critical issues of health-care reform, Medicaid policy and data-driven improvements to health outcomes.”
Dr. Retchin resigned in May after 25 physicians and professors from the OSU College of Medicine signed a letter of “no confidence” in Dr. Retchin and his executive team. Soon after, five senior members of the medical center’s neurological institute wrote another letter voicing similar concerns.
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