End of an era. Justice Department ends nine-year criminal probe of Columbia/HCA executives, but company recovery began earlier.
The longest, costlest criminal healthcare fraud probe in U.S. history is finally over, but its ripple effects are likely to continue. The Columbia/HCA Healthcare Corp. case raised questions about healthcare accounting practices long before the current wave of corporate scandals. But the consensus is that the most crucial step in retooling HCA's image was restoring Thomas First Jr. (left) as chairman and CEO.
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D000066:Accounting; D016542:Chief Executive Officers, Hospital; D005375:Financial Audit; D005607:Fraud / Q000331:legislation & jurisprudence*; D006077:Government Agencies; D006777:Hospitals, Proprietary / Q000191:economics / Q000331:legislation & jurisprudence*; D009096:Multi-Institutional Systems / Q000191:economics / Q000331:legislation & jurisprudence*; D014481:United States