HealthSouth was an American rehabilitative healthcare company founded in 1984 as Amcare, Inc. and headquartered in Birmingham, Alabama, growing into a large operator of inpatient rehabilitation hospitals treating stroke, neurological, cardiac, spinal cord, and orthopedic patients. Between 1996 and 2003 its executives, directed by founder Richard Scrushy, carried out an accounting fraud that inflated earnings by a total of 2.7 billion dollars, leading to delisting from the New York Stock Exchange and removal from the S&P 500 once two officers reported the scheme to the FBI. The company avoided indictment by cooperating with investigators, restructured around its core rehabilitation business, and was renamed Encompass Health Corporation in 2018. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
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Company Type Founded Year Company Type
Company Type (category) HealthSouth
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1. HealthSouth (Wikipedia)
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Encompass Health Corporation, formerly Amcare and HealthSouth, based in Birmingham, Alabama, is the United States's largest provider of inpatient rehabilitative services, offering facility-based care through its network of 173 inpatient rehabilitation hospitals located in 39 states and Puerto Rico.
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1984
View the SourceWikipedia, Encompass Health
WikipediaOperates In: Healthcare Industry, Infobox: industryQuote, Operates In: Healthcare Industry, Infobox: industry
Healthcare
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