Introduction
HealthSouth began as an idea that someone could contribute a better quality service, more efficiently than too large hospitals with significant overhead costs. From this humble beginning, the business grew at an accelerate rate with Richard Scrushy as its founder and chief executive. Scrushy was considered a alive(p) and compelling personality who had acquired a taste for the lavish life style he could now afford. The business model of HealthSouth flourished, but as Medicare regulations changed, it became increasingly more difficult to remain on the homogeneous high performing track HealthSouth enjoyed. Under Scrushys leadership, HealthSouth highly-developed a culture which was focused on keeping the callers stock as attractive as possible.
by fear and intimidation, Scrushy and his senior staff, blocked all attempts to come transport with information that might be detrimental to their perceived performance. This burning desire to maintain the appearance of strong performance was manifested in the double-faced financial disclosures, which would success teemingy circumvent detection from analysts, auditors and regulators for some(prenominal) years.
To overcome any piercing queries into HealthSouths financial statements, the zealous charisma displayed by Scrushy and his systematic elimination of less pliable subordinates helped to perpetuate the ethical lapses his management teams were engaging in. Additionally, Scrushys uninterrupted need for adulation prompted him to undertake massive philanthropic endeavors, which advertise flamed his egotistical personality and emboldened his justification for continuing the fraudulent practices. Scrushy and his management team were not concerned with the potential prejudicious impact their actions would have on investors, employees and other HealthSouth stakeholders, but became prompt by greed and the benefit of their personal wealth.
It would be imprecise to state that the outcome of these acts had been...If you want to get a full essay, order it on our website: Ordercustompaper.com
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