Healthsouth: The Rise and Fall Essay -- essays research papers

Running head HEALTHSOUTH THE RISE AND FALLHealthSouth The Rise And Fall outlineRichard Scrushy (Scrushy) had a vision and was driven by his leadership and entrepreneurial abilities. Scrushy was the aim and major creator of HealthSouth Corporation (HealthSouth). Scrushy served as chairman and Chief administrator Officer (CEO) of the corporation for more than 20 years. A biographic draft Richard Scrushy and HealthSouth. Retrieved March 22, 2005, from the field liberal Web http//www.richardscrushy.com/biography.aspx. The U.S. Securities and Exchange Commission charged HealthSouth Corporation and CEO Richard Scrushy with fraud, alleging the earnings of HealthSouth have been extremely overstated since most 1999. Bassing, T. (2003, March 19). SEC charges Scrushy 41.4B civil fraud alleged. Birmingham Business Journal. Retrieved March 23, 2005, from humankind liberal Web http//birmingham.bizjournals.com/birmingham/stories/2003/03/17/daily30.html?t=printable. Scrushy has been repla ced Jay Grinney (Grinney) who recently accepted the blot of President and CEO of HealthSouth. Grinney has a vision for HealthSouth and is confident he allow succeed in restoring the corporation to its original status of leadership in the world of healthcare.HealthSouth The Rise and FallRichard Scrushy (Scrushy) was born in Selma, Alabama in 1952. He had two siblings which consisted of an older sister and a younger brother. Scrushy was brocaded by two working parents and the family attended a local Methodist Church located in Selma. As a young boy, Richard was ever so able to find a job making money. His entrepreneur marks emerged during his teenage years and continued there after. A Biographical Sketch Richard Scrushy and HealthSouth. Retrieved March 22, 2005, from the military personnel Wide Web http//www.richardscrushy.com/biography.aspx. Scrushy chose to continue his command beyond high school and was graduated from college, but not onwards marrying his first wife and beco ming the father of two children. During his years in higher education, he became interested in respiratory therapy and enrolled in the respiratory therapy program at the University of Alabama at Birmingham (UAB). Scrushy was intellectually gifted, had excellent leadership abilities and quickly began climbing the corpo... ...ushy Please Step Forward, The New York TimesA Biographical Sketch Richard Scrushy and HealthSouth. Retrieved March 22, 2005, from the cosmea Wide Web http//www.richardscrushy.com/biography.aspx. Rehab imaging (March 1, 2005). Administrators Corner, Volume 5, Issue 3Retrieved March 22, 2005 from the World Wide Web Institute For Global Ethics, November 10, 2003, http//www/globalethics.org/newsline/members/issue.tmpl?articleid=11100316510695Retrieved March 22, 2005 from the World Wide Web U.S. Department of Justice, September 29, 2004, www.usdoj.gov/usao/alnRetrieved March 22, 2005 from the World Wide Web http//www.al.com/specialreport/birminghamnews/healthsouth/ scrushypay.jpgRetrieved April 5, 2005 from the World Wide Web http//www.healthsouth.com/medinfo/home/app/frame. Retrieved April 5, 2005 from the World Wide Web http//www.al.com/specialreport/birminghamnews/healthsouth/index.ssf Retrieved April 5, 2005 from the World Wide Web http//www.usatoday.com/money/industries/health/2004-10-25-scrushy-cover_x.htmRetrieved April 6, 2005 from the World Wide Web A Guide To The Sarbanes-Oxley Act, 2002. http//www.soxlaw.com/