By Dan Munro
First Posted at Forbes on 11/13/2012
There are countless post election charts and graphs that detail just how expensive our election was. Most estimates I saw – including this one – estimate the final tag at about $6 billion. From a healthcare perspective, Healthcare IT News released a great chart earlier today on the larger campaign contributions of about 15 healthcare execs. The study included over 200 U.S. healthcare executives for the 2011 – 2012 election cycle, but the list was also filtered by contributions of $17,000 or more.
These are truly minuscule amounts (sum total is less than $700k), compared to say the $70M that Sheldon Adelson personally donated (through various Super PAC’s) – but it’s still interesting to note the direct support and opposition to PPACA at the personal level of individual healthcare executives. It’s not the complete list of 200 – but definitely a list worth noting. Other key takeaways from the Healthcare IT News article:
- 50.3 percent of healthcare executives’ personal contributions were donated to the Republican Party
- 49.7 percent were donated to the Democratic Party
- 36.8 percent donated exclusively to the Democrats
- 24.8 percent donated exclusively to the GOP
- The top giver to the Republicans was Prem Reddy, CEO of Calif.-based Prime Healthcare Services – a healthcare system comprising 20 acute care hospitals across California, Pennsylvania, Nevada and Texas
- Paul Diaz, CEO of Louisville, Ky.-based Kindred Healthcare was the top donor for the Democrats. Kindred Healthcare, a Fortune 500 company with more than 78,000 employees across 46 states, is one of the largest healthcare providers in the U.S.
- Aside from the top 15 spenders listed, other heavy hitters for the Democrats include Trevor Fetter, CEO of Tenet Healthcare Corp., and Lloyd Dean, CEO of Dignity Health.
- Wayne Smith, CEO of Community Health Systems and Charles Martin, CEO of Vanguard Health Systems were among the top spenders for the Republicans.
11/16/2012 Update: Healthcare IT News released a companion chart on personal campaign contributions by leaders at Healthcare IT vendors Epic, Allscripts and Athenahealth: