CardioExchange Archive

CardioExchange, an NEJM practice community for medical professionals dedicated to improving cardiac patient care, was active from 2009 to 2015. CardioExchange fostered discussion between clinicians from across the globe.

April 17th, 2012

Million Dollar Bonuses for Five Ohio State University Electrophysiologists

Five Ohio State University electrophysiologists received 2011 bonus payments greater than $1 million, resulting in total pay for the year for each cardiologist of about $2 million. The news was first reported by the Dayton Daily News and subsequently covered by Heartwire.

Five out of seven bonuses that topped $1 million at OSU went to the electrophysiologists. The football coach and the basketball coach were the recipients of the additional million dollar bonuses. Here are the compensation figures for the seven OSU employees who received bonuses greater than $1 million, as reported by the Daily News:

Name

Title

Base earnings

Bonus

Other

Total 2011 pay

Steven Jack Kalbfleisch

Professor, clinical

$658,150

$1,383,141

NA

$2,041,291

John David Hummel

Professor, clinical

$650,856

$1,383,137

NA

$2,033,993

Emile Georges Daoud

Professor, clinical

$650,856

$1,330,548

NA

$1,981,404

Ralph Sayre Augostini

Assistant professor, clinical

$650,856

$1,329,604

NA

$1,980,460

Raul Weiss

Associate professor, clinical

$652,902

$1,311,966

NA

$1,964,868

Thad Matta

Men’s basketball coach

$563,508

$1,095,000

$545,004

$2,203,512

Jim Tressel

Football coach

$330,037

$1,047,920

$435,000

$1,812,957

The Daily News quoted Richard Vedder, professor of economics at Ohio University and director of the Center for College Affordability and Productivity: “I have never seen anything like this — never.”

OSU spokesman Jim Lynch told Heartwire that the compensation system at OSU is modeled on other public and private universities and colleges. The Daily News reported that OSU officials said that medical school and athletic department bonuses were “self-funded and don’t draw from tax or tuition dollars.” Lynch told the Daily News that the five electrophysiologists “were hired five years ago to build a nationally respected program in cardiac electrophysiology. Today, that program is the largest in the state and treats patients from throughout a multistate region.”

Categories: Electrophysiology, General
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4 Responses to “Million Dollar Bonuses for Five Ohio State University Electrophysiologists”

  1. Stephen Fleet, MD says:
    April 17, 2012 at 10:01 am

    That’s pretty good gelt if you don’t mind living in Columbus.

  2. Matthew Carr, MD says:
    April 17, 2012 at 8:01 pm

    Why does the public have a right to know these details of a private citizen’s life? Has some crime been committed? Is hard work a shameful enterprise? Should these physicians feel quilty and apologise?

  3. Edgar Abovich, MD says:
    April 17, 2012 at 10:22 pm

    It’s of some interest to see that EP guys with all their lifesaving procedures are worth to Ohio State almost as much as the basketball coach.

  4. Steven Greer, MD says:
    April 19, 2012 at 1:50 am

    I graduated from OSU and it sickens me to see the place become so unethical for purposes of greed. They even sold the name of the medical center to an underwear mogul.