Loyal clients. Despite Arthur Andersen's indictment, healthcare companies aren't defecting.
In contrast to about 50 defections by public companies, many healthcare clients of Andersen are standing by the troubled auditor--at least for now. Saying that it's too soon to judge, clients such as the Catholic Health Association are sitting tight to see what the fallout is from the Enron scandal before making any decisions. And even if many part ways with Andersen, there's a host of consultants to take its place.
Jaklevic
Mary Chris
MC
D000066:Accounting / Q000331:legislation & jurisprudence* / Q000592:standards; D003253:Consultants; D003284:Contract Services; D005375:Financial Audit / Q000331:legislation & jurisprudence* / Q000592:standards; D005377:Financial Management, Hospital / Q000639:trends*; D005607:Fraud / Q000331:legislation & jurisprudence*; D019981:Health Care Sector / Q000331:legislation & jurisprudence* / Q000592:standards; D007449:Investments; D014481:United States