May, 2019 healthsouth is a leading provider of postacute healthcare services, offering both facilitybased and homebased postacute services in 34 states and puerto rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies. Subsequent to its earnings release for the first quarter of 2017, healthsouth corporation the company or healthsouth assembled an investor reference book, a copy of which is attached to this current report on form 8. Investor reference book post q1 2019 earnings release last updated may, 2019. The company will host an investor conference call at 9. Former healthsouth cfo aaron beam delivers ethics lecture. Which of the obstacles to moral behavior do you see at work in. Sign up to receive latest news, press releases, stock updates, and sec filings via email.
Encompass health reports results for fourth quarter 2017. Subsequent to its earnings release for the third quarter of 2017, healthsouth corporation the company or healthsouth assembled an investor reference book, a copy of which is attached. Learn more about this contract and other key contractual terms and issues by viewing the many sample contracts findlaw has to offer in our corporate counsel center. Investor reference book last updated march 6, 2017 healthsouth is a leading provider of postacute healthcare services, offering both facilitybased and homebased postacute services in 34 states and puerto rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies. Encompass health reports results for fourth quarter 2017 and. During scrushys tenure at healthsouth as ceo and following the corporate fraud scandals that erupted, healthsouth stressed corporate integrity and distributed antifraud cards to its employees complete with a 1800 fraud hotline for employees to call. The magnitude of these scandals resulted in the sarbanesoxley sox act in 2002.
The consequences to healthsouth investors were devasting starting in 2002 upon the start of the investigation and the removal of ceo richard scrushy. Healthsouth fraud investigation table of contents table of contents i introduction and background 1 analysis 1 why it occurred 2 fraud triangle 2 how it occurred 3 red flags of the fraud 5 why the fraud continued undetected 6 the auditors roles and responsibilities 7 fate of parties involved 8 effect of fraud on healthsouth 9 conclusion 10 appendix a 11 appendix b 12 appendix c appendix d. Newhall iii, a general partner at new enterprise associates, has been a. Aaron beam described for students the series of events that left him pleading guilty to criminal charges in the early 2000s. Jan 02, 2018 healthsouth has completed its planned name change to encompass health corp. Questions about investor on board of healthsouth the new. The following investor reference book includes certain nongaap. How putting shareholders first harms investors, corporations, and the public. Our investment thesis encompass health investor reference book. Henderson northcentral university introduction the enron and tyco scandals brought visibility to corporate scandals. Healthsouth 2016 annual report care partners achieve success. Scrushy and healthsouth corporation were the first ceo and company to be indicted under the sox act. Encompass health corporation 8k jan 9 2017 seeking alpha. Home investor resources company overview investor reference book historical perspective.
Healthsouth corporation securities litigation 03cv. Mar 05, 2019 healthsouth is a leading provider of postacute healthcare services, offering both facilitybased and homebased postacute services in 34 states and puerto rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies. Investor reference book post q1 2019 earnings release last. Healthsouth is a leading provider of postacute healthcare services, offering both facilitybased and homebased postacute services in 34 states and puerto rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies. Apr 17, 2003 another venture capital investor is on the healthsouth board. Encompass health is a national sponsor of together to end stroke. The following investor reference book includes certain nongaap financial measures as defined in regulation g under the securities exchange act of 1934, including adjusted ebitda, leverage ratios, adjusted earnings per share, and adjusted free cash flow. Healthsouth reports strong results for fourth quarter and. Both fireside chat presentations will address, among other things, the companys strategy and financial performance and discuss industry trends and dynamics and will reference selected slides included in healthsouths investor reference book dated august 15, 2017. We are the largest owner and operator of inpatient rehabilitation. Last month, a former chief financial officer who spent three months in federal prison for fraud spoke to penn state smeal college of business students about his ethical mistakes. Mar 29, 2018 encompass health announces date of 2018 first quarter conference call mar 29, 2018 birmingham, ala. Check the appropriate box below if the form 8k filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.
Physical on average, medicare pays healthsouth less per. Aaron beam and the healthsouth fraud essay 959 words. Investing in encompass health encompass health s ability to adapt to changes, build strategic relationships, and consistently provide highquality, costeffective care positions the company for success in the evolving healthcare industry. Post q1 2014 earnings release last updated june 17, 2014 i n v e s t o r r e f e r e n c e b o o k. Healthsouth, inc a case of corporate fraud the good, the bad.
Healthsouths form 8k, dated january 9, 2017 to which the following investor reference book is attached as exhibit 99. Encompass health corporation formerly healthsouth corporation, based in birmingham, alabama, is one of the united states largest providers of postacute healthcare services, offering both facilitybased and homebased postacute services in 36 states and puerto rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies. Healthsouths form 8k, dated march 6, 2017, to which the following investor reference book is attached as exhibit 99. To this end, in 2016 healthsouth began a strategic initiative to design a formal collaboration process that would allow us to work more closely with our acute care partners and provide a seamless experience for our patients. Hurricane irma recently swept through the caribbean and southeast united states with. The company will host an investor conference call at 9 a. Healthsouths form 8k, dated may 16, 2017, to which the following investor reference book is attached as exhibit 99. Healthsouth ceo to step down at years end marketwatch. Jan, 2020 encompass health investor reference book. Encompass health corporation investor reference book. Download it once and read it on your kindle device, pc, phones or tablets. The patient investor kindle edition by gaudet, brian.
The secs complaint alleged healthsouth officers tried to persuade scrushy to halt the bookcooking. In reference to the aaron beam and the healthsouth fraud case in our text velasquez 2012, the following questions from the text and my answers to these questions are provided as. Art books entertainment film and motion picture magazines music. August 20, 2019, to which the following investor reference book is. Lets put healthsouth corporation hls stock into this equation and find out if it is a good choice for valueoriented investors right now, or if investors subscribing to this methodology should. Former healthsouth cfo aaron beam delivers ethics lecture to. At the end of the companys last investor roadshow presentation in new york city before its ipo, scrushy received a. Investor reference book post q2 2017 earnings release last updated august 15, 2017.
Eastern time on tuesday, february 27, 2018 to discuss its results for the fourth quarter of 2017. Healthsouth corporation announces planned name change to. Post q1 2014 earnings release last updated june 17, 2014 i n v e s t o r r e f e r e n c e b o o k 2. Jan 08, 2018 healthsouth is a leading provider of postacute healthcare services, offering both facilitybased and homebased postacute services in 34 states and puerto rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies. Pursuant to section or 15d of the securities exchange act of 1934. District court for the northern district of alabama. Scrushy was an investor in pathology partners, whose board members once included will hicks.
Another venture capital investor is on the healthsouth board. To this end, in 2016 healthsouth began a strategic initiative to design a formal collaboration process that would allow us to work more closely with our acute care partners and provide a seamless experience for. Jun 20, 2017 lets put healthsouth corporation hls stock into this equation and find out if it is a good choice for valueoriented investors right now, or if investors subscribing to this methodology should. Encompass health is a leading provider of inpatient rehabilitation and homebased care committed to delivering highquality, costeffective, integrated care across the postacute continuum. Encompass health corporation formerly healthsouth corporation, based in birmingham. Healthsouth corporation exact name of registrant as specified in its charter delaware state or other jurisdiction of incorporation. Encompass health inpatient rehabilitation, home health. The investor reference book addresses, among other things, an. Healthsouth irfs has declined moderately while the amount of ric 08 patients treated has declined.
Sign up to receive latest news, press releases, stock updates, and sec filings via. Healthsouth reports strong results for fourth quarter and full year 2009 continued debt reductions, discharge growth, and effective expense management. Healthsouth investor reference book updated march 27, 2015 mar 27, 2015 year ended december 31, 2014, and in other documents we previously our form 8k, dated march 27, 2015 to which the following. Encompass healths ability to adapt to changes, build strategic relationships, and consistently provide highquality, costeffective care positions the company for success in the evolving healthcare industry. Investor resources investor reference book encompass health. For reference during the call, the company will post certain.
Healthsouth has completed its planned name change to encompass health corp. But the sec said, in the fall of 1997, when hrcs accounting personnel advised scrushy to abandon the earnings manipulation scheme, scrushy refused, stating in substance, not until i sell my stock. Healthsouths ehhi buy creates home health giant investors. Healthsouth was charged with filing false financial statements with the sec to hid poor financial conditions. Written communication pursuant to rule 425 under the securities act 17 cfr 230. Investor reference book post q1 2019 earnings release last updated may, 2019 healthsouth is a leading provider of postacute healthcare services. Encompass health announces date of 2018 first quarter.
A group of healthsouth investors led by the retirement systems of alabama has filed a lawsuit in u. The 1990s saw investors and lenders who were less focused on. Use features like bookmarks, note taking and highlighting while reading the shareholder value myth. The birminghambased rehabilitation hospital leaders new york stock exchange nyse ticker symbol has officially. Newhall iii, a general partner at new enterprise associates, has been a director since 1985 and has a similar tangle of. Home investor resources company overview investor reference book historical. Encompass health investor resources investor reference book. Albert shoemaker lecture series, former cfo of healthsouth corp. Mar 06, 2017 investor reference book last updated march 6, 2017 healthsouth is a leading provider of postacute healthcare services, offering both facilitybased and homebased postacute services in 34 states and puerto rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies. Investor resources company overview encompass health. Subsequent to its earnings release for the fourth quarter of 2016, healthsouth corporation the company or healthsouth assembled an investor reference book, a copy of which is attached to this. A circle with an arrow surrounding an icon outline of a person.
Schedules are attached that reconcile the nongaap financial measures included in the. They are owned by the reference given or its owner. Encompass health investor resources investor reference. How putting shareholders first harms investors, corporations, and the public kindle edition by stout, lynn a download it once and read it on your kindle device, pc, phones or tablets.
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