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HealthSouth Corp.
| Headquarters location: 1 HealthSouth Pkwy. Birmingham, AL 35243 |  | Tel. 205-967-7116 Job offers, investor relations: www.healthsouth.com Stock:  |
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« ETHICAL » RATING OF HEALTHSOUTH
, group
and subsidiaries
[ ?] |
| Job: 2% of company's jobs cut since 1998 |
| Delinquency: 12 act(s) of financial or trade delinquency |
| Top management: earns 3335 times the median income in the United States (32000 US$/year) |
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Relevance: business & market share |
year | business source |
| 2006 | HealthSouth is the largest provider of inpatient rehabilitation services in the United States. | CNN  |
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HealthSouth is managed by |
year name | photo position; compensation source |
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year | employees <> | social impact : country source |
| 2002 | 51537 -1000 | | AP  |
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year | financial misdemeanor | sales | income | | buyback | source |
| 2007 |
HealthSouth Corp. and two physicians have agreed to pay $14.9 million to settle allegations the company submitted false claims to the government and paid illegal kickbacks to physicians who referred patients for care to its hospitals, outpatient rehabilitation clinics, and ambulatory surgery centers. The HealthSouth settlement also resolves allegations that the company paid kickbacks to, and entered into improper financial relationships with, other physicians, including a group in Los Angeles, in an apparent attempt to induce the referral of patients. |
| | | |   | | CNN  |
| 2007 |
Former Alabama Gov. Don Siegelman was sentenced to more than seven years in federal prison and former HealthSouth CEO Richard Scrushy got nearly seven years Thursday in a bribery and corruption case that the judge said damaged public trust in state government. Siegelman, 61, and Scrushy, 54, were convicted last year of bribery, conspiracy and mail fraud. The government accused Siegelman of naming Scrushy to a hospital regulatory board in exchange for $500,000 in donations to Siegelman's 1999 campaign for a state lottery for education.Siegelman was fined $50,000 due immediately and ordered to pay $181,325 in restitution to a state agency where prosecutors said kickbacks were made. He is to perform 500 hours of community service when his sentence of seven years, four months is completed. Siegelman also was convicted of obstruction of justice for trying to hide money given by a lobbyist for a motorcycle. Scrushy was fined $150,000 due immediately, plus ordered to pay restitution of $267,000 to United Way of Central Alabama. He also was ordered to perform 500 hours of community service after serving six years and 10 months in prison. |
| | | |   | | AP  |
| 2007 |
HealthSouth founder Richard Scrushy has agreed to pay the Securities and Exchange Commission $81 million to settle the $2.6 billion financial fraud scandal. HealthSouth overstated its revenue by more than $2.6 billion from the second quarter of 1996 through the third quarter of 2002. Scrushy is permanently barred from serving as an officer or director of a public company. |
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| 2005 |
A federal grand jury indicts HealthSouth Corp. founder Richard Scrushy of paying $500,000 in bribes to Former Alabama Governor Don Siegelman from 1999 to 2003. |
| | | |   | | Bloomberg  |
| 2005 |
Accusé de complicité de fraude comptable, Will Hicks, l'ex-coresponsable des investissements d'Healthsouth, a été condamné à deux ans de mise à l'épreuve et trois mois de résidence surveillée. |
| | | |   | | Les Echos  |
| 2005 |
A federal judge sentenced a former HealthSouth Corp. executive to probation and a $500 fine Wednesday for lying about a scheme to pay a $1 million bribe in return for a $50 million deal to run a hospital linked to Saudi Arabia's royal fami |
| | | |   | | AP  |
| 2004 |
HealthSouth Corp. has agreed to pay $325 million to settle charges it overbilled the government's Medicare program |
| | | |   | | Bloomberg  |
| 2003 |
Accused by the US government of overstating earnings by $2.5 billion since 1994. Settled SEC charges for $100 million. |
| | | |   | | Globe & Ma.  |
| 2002 |
| 4.31 | -0.27 | |   | billion US$ |  |
| 2002 |
"HealthSouth executives [allegedly] used fraud to cheat Medicare of tens of millions of dollars or more". |
| | | |   | | Reuters  |
| 2002 |
Healthsouth 50 million US$ loan to executive to purchase company shares |
| | | |   | | Reuters  |
| 2002 |
Allegedly inflated profits by $1.4 billion since 1999 and assets by $800 million. |
| | | |   | | Reuters  |
| 2002 |
SEC probe of stock trades by company insiders. |
| | | |   | | Wall Stree.  |
| 2001 |
| 4.38 | 0.2 | |   | billion US$ |  |
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