Scrushy to Pay HealthSouth $31 Million
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The founder of the HealthSouth Corporation will pay the company $31 million as part of a settlement of litigation over his bonuses and legal fees.
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HealthSouth Corp. HLSH.PK, an  operator of health care facilities, said on Thursday it agreed  to pay $325 million to settle U.S. Department of Justice  charges that it improperly billed Medicare.
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BIRMINGHAM, Ala. -- The defense in Richard Scrushy's corporate fraud trial sought to poke holes yesterday in the claims of a key witness who contends the fired HealthSouth chief executive was behind a scheme to overstate earnings.
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Former HealthSouth Corp. Chief Executive Richard Scrushy offered to take care of his financial chief&#39;s wife if the CFO would become the &quot;fall guy&quot; in an accounting fraud at the company, according to court documents unsealed Monday.
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Manufacturing executive John Workman was named chief financial officer of HealthSouth Corp. on Tuesday, replacing an interim executive who helped the rehabilitation giant avoid bankruptcy after a massive accounting scandal.
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BIRMINGHAM, Ala.  - A former HealthSouth Corp.  finance officer testified on Monday that ex Chief Executive  Richard Scrushy told him to keep his fellow conspirators in  line as a probe into accounting fraud at the health-care  company intensified in March of 2003.
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BIRMINGHAM, Ala.  - The defense team for former  HealthSouth Chief Executive Richard Scrushy on Thursday accused  a former chief financial officer of the health-care company of  being a liar, heavy drinker and womanizer in an attempt to  undermine his potentially damaging testimony.
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BIRMINGHAM, Ala.  - Former HealthSouth Corp. Chief  Executive Richard Scrushy ordered accounting executives to  falsify the company's books to meet Wall Street's earnings  targets, a former chief financial officer said in court on  Wednesday.
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BIRMINGHAM, Ala.  - The process of selecting a  jury for the criminal trial of former HealthSouth Corp. Chief  Executive Richard Scrushy began on Wednesday, with an enormous  pool of some 600 prospective jurors told they may be called to  serve.
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ATLANTA - A massive corporate merger between two health-care giants will result in $126.5 million of new funding and equipment for Georgia&#39;s medical schools and rural hospitals, Insurance Commissioner John Oxendine announced Tuesday.
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BIRMINGHAM, Feb. 10 -- Former HealthSouth Corp. chief executive Richard M. Scrushy told his finance chief who contemplated walking away rather than persist with a $2.7 billion accounting fraud, "Let's don't take ourselves out. Let's don't throw all these people to the wolves. Let's don't destroy this," according to audiotapes played at his fraud trial Thursday.
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Troubled HealthSouth (HLSH:OTC-BB - news - research)has agreed to pay $325 million to settle federal charges that it overbilled Medicare.
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HealthSouth, the US hospital operator, on Thursday settled allegations that it defrauded federal health insurance programmes by agreeing to pay $325m.
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HCA Inc. , the No. 1 U.S.  hospital chain, on Monday agreed to be acquired by an investor  group for about $21 billion in the second largest leveraged  buyout deal ever excluding HCA's debt.
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BIRMINGHAM, Ala.  -- Fired HealthSouth chief executive Richard Scrushy will go on trial January 5th.
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With earnings sagging at HealthSouth Corp., then-chief executive Richard Scrushy ordered aides to continue a huge fraud because he planned to sell $100 million in stock and "didn't want to get sued," a former finance chief testified Wednesday.
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UnitedHealth Group, the largest US health insurance company, has said that it will spend $300 million in cash to buy Definity Health, a smaller health technology company specializing in plans that allow consumers leeway in directing their medical spending