Devices & Diagnostics

Can you say loser? Healthcare CEOs who bet on Republicans and lost nearly $500K

Charts representing personal contributions to political parties from various industries are always an interesting read during election season. And this year, HealthcareIT News formulated this interesting chart to show how 15 healthcare CEOs across the country shelled out money to Republicans and Democrats alike. The chart was part of a larger report looking at the […]

Charts representing personal contributions to political parties from various industries are always an interesting read during election season.

And this year, HealthcareIT News formulated this interesting chart to show how 15 healthcare CEOs across the country shelled out money to Republicans and Democrats alike. The chart was part of a larger report looking at the personal contributions of 200 top healthcare executives.  Not surprisingly, more healthcare executives gave to the GOP, although not by much — 50.3 percent compared with 49.7 percent who donated to Democrats.

So, who were out-of-pocket by a lot and had nada to show for it?

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The seven healthcare execs who donated $461,644 to the GOP.

The biggest loser was Prem Reddy, CEO of Prime Healthcare Services in California, who donated $140,600. In fact, Reddy spent more than twice as much as the next CEO who proved his smarts by donating to the Democrats instead — Paul Diaz, CEO of Kindred Healthcare in Kentucky, who contributed $60,700.

Yet, as a successful physician entrepreneur — he has been named twice to the 50 Most Powerful Physician Executives by Modern Healthcare,  including this year — Reddy hedged his bet by contributing to the Democrats, too; he donated $33,000 to the party of Obamacare.

Misery finds company and these are the other healthcare CEOs who also gave to the GOP and lost:

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  • Gary Newsome, CEO of Health Management Associates in Florida — $57,244
  • Allan Miller, CEO of Universal Health Services, Pennsylvania — $50,400
  • Stephen Helmsley, CEO of UnitedHealth Group, Minnesota — $30,000
  • Stephen Reynolds, CEO of Baptist Memorial Health Care, Tennessee — $27,500
  • Kevin Schoeplein, CEO of OSF HealthCare, Illinois — $20,000
  • Kelby Krabbenhoft, CEO of Sanford Health, South Dakota — $17,000
Here’s the full chart showing the largest contributions from the 15 healthcare executives

 

 

 

[Photo Credit: Caroline Glick]

http://www.carolineglick.com