Healthsouth: The Rise and Fall Essay

HealthSouth Corporation was incorporated in January 1984 in Birmingham, Alabma by the founder Richard M. Scrushy. HealthSouth Corporation is the leading provider of medical rehabilitation health care and outpatient surgery services in the United States. Richard M. Scrushy was the former CEO& Founder of HealthSouth Corporation, and there were 5 CFO which were Aaron Beam, Weston, Smith, Bill Owens, Michael Martin and Tadd Mcvay.

HealthSouth grew rapidly during the 1980’s and 1990’s. This growth was largely due to acquisitions. HealthSouth owned more than 330 hospitals worldwide. It was also during this time that Scrushy became known as one of the highest paid CEOs in the United States.

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. Driven by the desire to attain wealth and status Scrushy was hired in at LifeMark where he rose through the ranks as a result of his unbridled competitive nature and workaholic tendencies.

America has always prided it self on being one of the best countries in the world. For many years that has been true, but like any other country out there the United States has its up and downs. Going back to 1700 hundreds when healthcare was basically mom and dad doing everything they could to keep one’s health bill clean and curing common sickness/illnesses, one would only go to a doctor if it was life threatening. Now you go further a few hundred years America develops the “medical industrial complex” with its new advances in medical sciences and technologies. That completely changes the entire healthcare system in the United States forever. How did the American people go from mom and dad doing everything to this complex system to where one can go to a professional for all their health needs.

The idea of reforming the nation’s health care system was introduced as far back as the early 90’s. During this time ideas were created but action was never taken. In 2008 the idea that health care reform could actually happen, became a reality. After eight years under a predominantly republican run government, the Democratic Party once again became the majority. In addition to being the majority party in the House of Representatives and the Senate, a democratic president was elected to office. This has created a new window of opportunity for health care reform, along with a promising future.

After years of economic struggle, Alabama Governor Don Siegelman was convicted, along with Chief of Healthsouth Richard Scrushy of fraud. While being charged of lying about millions of dollars of Healthsouth’s finances, they were in the middle of building a new location. This partially finished beauty was abandoned for over 10 years before it was purchased to be Grandview Medical Center. This overlooked building would soon become one of the most advanced hospitals in the country.

HealthSouth Corporation was one of the largest publicly traded owners of rehabilitative hospitals within the Untied States and paved the way for its industry. However, prior to 2003 the company had a very dark secret: fraud. In 2003 HealthSouth was accused of making $2.7 billion in false journal entries in the company’s system (Helios, 2013). These false entries allowed the corporation to inflate its earnings and revenue. While the corporation was dabbling in a fraudulent, aggressive account system, auditors were unable to detect the extent of the fraud occurring. If not for Michael Vines and Weston Smith, HealthSouth Corporation might have continued its false entries and continued deceiving shareholders and even Wall Street itself. HealthSouth serves as a historical example of how corporate culture can use fraud and deception schemes to not only rationalize what it is doing, which is an element of the fraud triangle, but also encourage fraudulent financial statements.

For those unaware, Penelope Kokkinides and Rick Shinto lead the organization. Aside from their leadership, they aim to provide superior healthcare services to their clients and address the current challenges affecting healthcare industry. Moreover, the company remains backed by a unique vision. Furthermore, the company remains focused on providing their patients with high-quality, cost effective, and top-of-the-line healthcare services. With that being said, Rick Shinto has years of experience in his field. Aside from his current position, he practiced at the Pulmonary Internal Medicine in California. Moreover, he has held several high-ranking positions. In particular, he served as the CEO of the Normal American Medical Management. Prior to working there, he worked as the COO for Medical Pathways Management

Introduction: Jessie Buchanan, an 80-year old female, was admitted to Bethany Care Society in room 3088-1 at the center unit. She is an extensive assist, requires 1 staff assistance and uses the transfer belt to transfer from bed to her wheelchair. She was admitted here because none of her family members can look after her because they are all busy with their own personal life. Jessie prefers to stay at Bethany because she receives full-time care from the health care providers. Jessie had a history of edema on her right ankle because she was experiencing hyponatremia. Currently, she is on fluid restriction and every morning I would put her compression stockings to prevent the occurrence of edema. Her condition worsens when she was diagnosed with osteoarthritis(OA), delirium, depression, type 2 diabetes mellitus, schizophrenia, hypertension, and urinary tract infections. Her recent urine culture shows that she is positive for urine nitrite and urine leukocyte which caused the UTI. Jessie is incontinent and she wears an indwelling catheter. Jessie said that sometimes her knees are painful. She takes an analgesic to relieve the pain that she feels. Jessie 's blood sugar level is within the range. She is not taking insulin or any oral medications like metformin because she knows how to control it, by following the proper diet. Jessie always have a good sleep and never complains about her sleeping pattern. She is taking medications for GERD, iron supplement, bone health,

With the huge diversity and changeability of human biology, it is impossible to imagine a reality without some mutations, changes, or issues in the organs and tissues of humans. Thus, it rightly follows that medications and pharmaceuticals have been created in an effort to counteract the various ailments and illnesses that people can experience. However, as time has gone on and these pharmaceuticals have become more and more high-tech, regulated, and trusted, they have also become incredibly commercialized. Worse still, medications have become incredibly expensive and can be unattainable for some people.

The Plan and Recommendations for Health Promotion Healthy People 2020 One of the main objectives of Healthy People 2020 is to nurture the healthy lifestyle and reduce the chronic diseases through healthy eating and by sustaining stable body weights. To support the healthy status, Healthy People 2020 objectives have strong science supports that diet and body weight are one of the essential parts of any person’s health status. Healthy People 2020 also stresses out that changes in Americans’ foods intakes and way to live should be started in schools, working places, communities and healthcare establishments. Today in America one of three children is obese, which leads to wide range of diseases such as hypertension, increased cholesterol level causing heart problems, and diabetes. That’s why promoting healthy meals and snacks in school is the first step to preventing obesity in children.

The services and products offered by USHealth Group Inc and its subsidiaries continue to receive wide acclaim across the industry. According to company website USHealthgroup.com, in 2016, USHealth Group won Gold in the One planet Business and Professional Excellence Awards. The company CEO, Mr. McQuagge also won Gold in the same awards for his exemplary leadership and successes. USHealth Group has also earned an A+ rating from the Better Business Bureau (BBB) for providing top-notch customer

To help understand what happened in the HealthSouth Scandal we’ll need to understand a few things. First we need to know some of the key people involved. The person who allegedly spearheaded the scandal was Richard Scrushy. Scrushy was the CEO of the company starting in 1994 until he was removed from office in 2003, and was also one of the cofounders of HealthSouth. He is thought to have been the one to convince the rest involved to commit the fraud.

Banner Health is a nonprofit organization that consists of twenty-four acute care hospitals and health care facilities in seven different states. In 1999, Samaritan Health System merged together with Lutheran Health Systems to form what is currently known as Banner Health. This organization prioritizes their aim to make a difference in their patients’ lives by providing exceptional patient care. Banner Health utilizes music therapy, massage therapy, aromatherapy, and pet therapy as an integral part of the healing process for their patients. They also offer specialized care through various types of services such as Alzheimer’s Care, Cancer Care, and Emergency Care. Banner Health is involved in certain programs that will help

As HealthSouth started reviving from the scandal, Scrushy’s problems were only starting. In October of the year 2003 Scrushy faced more than 85 charges, including charges that he falsified accounts at the HealthSouth’s company which lead to $2.7 billion fraud of investors, by reporting conjured