Lee Domanico discusses UC incentive pay

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Uploaded by on Jan 21, 2010

Lee Domanico, CEO of the Marin Healthcare District, was one of three panel experts at the Jan. 21, 2010, UC Regents meeting, who discussed the importance of incentive pay at medical centers. Read the story at http://www.universityofcalifornia.edu/news/article/22716

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  • The salary and bonuses of a CEO is typically equal to the pay of 8 nurses. 8 nurses can take care of 40 patients in one day. What a CEO does is equal to that? Of course not. High paid CEOs don't bring talent, they bring corruption to hospitals. What we need is doctors and nurses not more management. Doctors and nurses can manage themselves perfectly.

  • so keep incentives but drop base salary. if you want to make over 500k a year go work for corporation.

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