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University of California regents to OK millions in executive incentive pay

San Francisco Chronicle, January 20, 2010

The University of California's governing Board of Regents is expected to formally approve $3.1 million in incentive pay to 38 senior medical center managers who last year met performance goals, ranging from improved patient safety and satisfaction to raising revenue. Approval of the $30,120 to $218,728 payouts is all but assured when the regents vote because the deal was included in the executives' offer letters when they were hired. The cash comes from medical center revenue, and UC officials said they could be sued if the regents don't approve the payouts. The officials hail incentive pay as a model method to encourage practices that lower infection rates and save the hospitals money, the San Francisco Chronicle reports.