Harvard, hospitals to double pay for doctors who teach

[EctopicFetus]

http://www.cnn.com/2007/EDUCATION/03/09/harvard.teaching.pay.ap/index.html

BOSTON, Massachusetts (AP) -- Harvard Medical School and three affiliated hospitals will double the pool of money paid to doctors who teach, in hopes of luring them away from patients and research.

The increase to $16 million per year starts in July and comes from the medical school, Harvard University, Massachusetts General, Brigham and Women's and Beth Israel Deaconess.

The pay-raise plan comes three years after a medical school task force looked into why more doctors were unwilling to teach. Besides the relatively low pay, already busy doctors are under financial pressure to see more patients and under professional pressure to do more research.

The problem is nationwide -- "the single biggest problem facing virtually every course director," said David Cardozo, a neurobiology professor who led the task force.

The new plan aims to pay teaching doctors $100 an hour, roughly the typical hourly rate for a primary care doctor. Current pay rates to teach Harvard Medical School's 771 students vary widely, with some doctors getting $30 per hour, well below going rates for their medical services.

Harvard University and Harvard Medical School will contribute $13 million for the higher payments, with the rest coming from the three hospitals.

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[dynx]

http://www.cnn.com/2007/EDUCATION/03/09/harvard.teaching.pay.ap/index.html

No. It doubles the POOL OF MONEY paid to doctors that teach. Meaning it can offer more dough to recruit the badass guys who draw in the patients and also happen to walk by students in the hallway and say "hello". Its fluid funds that don't need to be accounted for in terms of salary or per patient "fees" to draw top doctors. Nice PR though.

 

[EctopicFetus]

Harvard is flithy rich, this is like me dropping a nickel and not bothering to jump in the ocean to find it. A small sum for a rich group.

 

[turkleton]

Harvard is flithy rich, this is like me dropping a nickel and not bothering to jump in the ocean to find it. A small sum for a rich group.

Reminds me of two consecutive Harvard articles a few years back, more geared towards their undergrad. One earlier in the week was students protesting the administration for keeping the wages of its janitorial and support staff egregiously low, close to minimum wage and not at all near livable wage. Later in the week, there was an article talking about the 19 billion Harvard endowment... 19 billion. When Harvard drops a nickel they don't jump in the ocean to find it... because the nickel is actually a rare $1000 gold coin... and the ocean is actually a whole damn warehouse the size of Rhode Island full of them.