Ford Motor Co. Tops First-Ever Healthcare Purchasing Po...( Modern Healthcare ranks 45 major ...),Health

Modern Healthcare ranks 45 major employers on how much they spend on

employee healthcare benefits

CHICAGO, Nov. 10 /PRNewswire/ -- Ford Motor Co. spent $2.2 billion on employee healthcare benefits in 2007, more than enough to rank the Dearborn, Mich.-based automaker first on Modern Healthcare's inaugural list of healthcare purchasing powerhouses. In total, the 45 major employers that participated in the magazine's first annual Healthcare Purchasing Power survey spent $7.4 billion last year to provide healthcare benefits to their employees, their dependents and retirees.

The survey was open to all U.S. nongovernmental companies and organizations with a minimum of $1 billion in annual revenue.

"We believe those who pay the bills are calling the shots on how healthcare services are delivered in this country," said David Burda, editor of Modern Healthcare. "Our objective is to create a gold-standard annual survey that tells our readers who the biggest shots are."

The National Business Coalition on Health and the Leapfrog Group, two national organizations devoted to helping employers control healthcare costs, co-sponsored the Modern Healthcare survey.

The full survey results and the ranking of the 45 companies, which is based on how much they spend on healthcare, appear in the Nov. 10 issue of Modern Healthcare. Included in the extensive special report are guest commentaries by Andrew Webber, president and chief executive officer of the National Business Coalition on Health, and Leah Binder, CEO of the Leapfrog Group. The complete package also can be found on Modern Healthcare Online at modernhealthcare.com.

For more information on Modern Healthcare's Healthcare Purchasing Power Survey, contact Editor David Burda at 312-649-5439 or dburda@crain.com.

Modern Healthcare is the industry's most trusted, credible and relied-upon news source. In print and onli
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