Last edited by Nilrajas
Thursday, August 6, 2020 | History

3 edition of The Story of HealthSouth found in the catalog.

The Story of HealthSouth

by Jeffrey L. Rodengen

  • 261 Want to read
  • 35 Currently reading

Published by Write Stuff Syndicate .
Written in English

    Subjects:
  • Hospital management companies,
  • Public Policy - Social Policy,
  • HealthSouth (Firm),
  • Business/Economics,
  • United States,
  • Business & Economics,
  • Business / Economics / Finance,
  • Industries - Service Industries,
  • Hospitals,
  • History,
  • Government & Business,
  • Rehabilitation services,
  • Corporate & Business History - General

  • The Physical Object
    FormatHardcover
    Number of Pages152
    ID Numbers
    Open LibraryOL9599561M
    ISBN 100945903588
    ISBN 109780945903581
    OCLC/WorldCa52099846

      The CFO who blew the whistle wrote one of the chapters in my book, “HealthSouth: The Wagon To Disaster.” It’s an easy read. MarketWatch: An easier read than the accounts at HealthSouth. Aaron Beam has produced an accessible and fascinating story about his experience as co-founder and the first CFO of HealthSouth. Those interested in corporate fraud or business ethics can learn from the lessons he conveys. This book truly has the potential to save others from similar mistakes for which Mr. Beam has paid dearly. --Dr.

    public. HealthSouth was further required to make and keep books, records, and accounts that accurately and fairly reflected its income, expenses and assets, and to devise and maintain a system of internal accounting controls which would reasonably assure that these objectives were satisfied. The story of HealthSouth begins with two of the most well know founders. Richard Scrushy was a bold, charismatic man of middle-class beginnings. He would rise from a mason to one of the highest earning CEO’s in the country due mainly to his ability to drive, charm, and manipulate those around him.

      The title of Beam's book is a reference to a favorite expression of Scrushy's; that everyone on the HealthSouth team was "pulling the wagon" for the good of the company. Owens shared the gritty story of how and why he took part in the scheme on a pro-bono basis with the business community and others. And he encouraged auditors, investigators, and fraud examiners to resist the intimidation and other tactics he used to hide the HealthSouth fraud.


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The Story of HealthSouth by Jeffrey L. Rodengen Download PDF EPUB FB2

The Story of HealthSouth Hardcover – November 8, by Jeffrey L. Rodengen (Author) › Visit Amazon's Jeffrey L. Rodengen Page. Find all the books, read about the author, and more. See search results for this author. Are you an author.

Learn about Author Central. Jeffrey 1/5(2). Ina year after Congress overhauled the way Medicare would pay hospitals and medical centers, a young entrepreneur named Richard Scrushy decided to start a new kind of healthcare company—one that took rehabilitation out of the basements of hospitals and moved it into bright and lively settings that promoted wellness and healing.

Aaron Beam has produced an accessible and fascinating story about his experience as co-founder and the first CFO of HealthSouth.

Those interested in corporate fraud or business ethics can learn from the lessons he conveys. This book truly has the potential to save others from similar mistakes for which Mr.

Beam has paid dearly. --Dr/5(37). HealthSouth book. Read 2 reviews from the world's largest community for readers. It was the quintessential American success story: Identify a niche; form /5. HealthSouth was one of several publicly-held companies that made that transition.

What follows is a brief overview of one of the largest corporate frauds in the history of the United States. This is not designed to be a detailed look at the fraud but instead will be an overview of the people behind the fraud story of Size: 47KB. The infamous $ billion accounting scandal at HealthSouth, which was perpetrated from throughleft a trail of misery in its ed in the carnage was the imprisonment of CEO Richard Scrushy and several HealthSouth CFOs, among a number of other company officials.

TZ. InScrushy was charged by the U.S. Securities and Exchange Commission after a lengthy FBI investigation into. Encompass Health Corporation (formerly HealthSouth Corporation), based in Birmingham, Alabama, is one of the United States' largest providers of post-acute healthcare services, offering both facility-based and home-based post-acute services in 36 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies.

Scrushy’s rise and subsequent fall was revisited in an episode of Netflix’s new docuseries “Trial by Media,” which retold the story of the HealthSouth scandal through new interviews with defense attorneys Donald Watkins Sr.

and Jim Parkman, along with United States attorney Alice H. HealthSouth's founder and CEO was undaunted, however--Scrushy noted that growth of between 15 and 20 percent a year was quite acceptable and commented on the share price erosion in the Wall Street Journal. 'It's all paper,' Scrushy stated, adding 'I'm very calm.' HealthSouth continued to.

Told by former co-founder and CFO Aaron Beam, it's the untold story of HealthSouth, one of America's most successful health care companies and consequently, the perpetrator of one of its biggest. Genre/Form: History: Additional Physical Format: Online version: Rodengen, Jeffrey L.

Story of HealthSouth. Lauderdale, FL: Write Stuff Enterprises, © The story of HealthSouth and its CEO Richard Scrushy began as the perfect rags-to-riches tale. In the end, it became just another breaking news headline of high-priced greed on Wall Street.

Healthsouth book. Read 8 reviews from the world's largest community for readers. Healthsouth book. Read 8 reviews from the world's largest community for readers. Not the most well written or edited book, but quite an interesting story. The book is a page turner and you will likely finish it in one sitting.

Anyone interested in Alabama, true /5. This book is a great first person account of the HealthSouth story: In short, a narcissistic con-man, Richard Scrushy, swindled people who invested many millions of dollars of their hard earned money in a company that systematically cooked the books for years without getting caught.

Richard Marin Scrushy (born August ) is an American is the founder of HealthSouth Corporation, a global healthcare company based in Birmingham, Alabama. Infollowing an investigation by the Federal Bureau of Investigation (FBI), Scrushy was criminally charged by the U.S.

Securities and Exchange Commission (SEC). Scrushy was charged with 36 of the original 85. Taylor Maynor HealthSouth: A Company Disaster BUS Keith McBride HealthSouth: The Wagon to Disaster is an eye-opening and compelling insight into what went on behind the colossal travesty HealthSouth Corporation became.

The account is written by Aaron The beam, a founding member of HealthSouth who witnessed the rise and fall of Wall Street’s darling. [ ]. From Wall Street to Prison: The HealthSouth Story Published on The story of HealthSouth in the s and early s is about a corporate network of rehabilitation hospitals that skyrocketed up Wall Street and then plunged off a cliff.

It’s a story about sketchy ethics, tyrannical leadership, and crossing the line so often that boundaries disappeared. Beam's book, "The Wagon to Disaster: The Untold Story of HealthSouth," traces the Birmingham-based health care company from its roots to the Fortune to the day in that Beam recalled being.

A forensic accountant detailed to jurors in the trial of ex-HealthSouth CEO Scrushy how employees faked financial entries to inflate earnings, and revealed the company used an e-mail system that.

The difficulties at HealthSouth follow problems at another large Birmingham company, McWane Inc., a manufacturer of cast-iron sewer and water pipes .In a case of seemingly bad timing, a publishing house that specializes in corporate histories has a doozy for sale: "The Story of HealthSouth," a book that comes amid questions about the.

How five CFOs cooked the books at HealthSouth. It could be an episode of “The Sopranos.” As revenues at $ billion HealthSouth Corp. begin to falter, CEO Richard Scrushy in the role of Tony Soprano, browbeats “the family”, a group of top lieutenants including five CFOs, into falsifying a wide range of financial reports.