Wednesday, April 7, 2010 as of 11:14 AM ET
HealthSouth Corporation, based in Birmingham, Alabama, is the nation’s largest owner and operator of inpatient rehabilitative hospitals.
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Richard M.
Scrushy, the jailed founder and former chief executive of HealthSouth Corp. (NYSE:HLS), is being released on Thursday to a halfway house in Texas, according to his attorney.The attorney, Art Leach, said Scrushy will likely remain in the halfway house for anywhere from two weeks to two months. Then Scrushy will be placed on supervised release and essentially be free."He'll report to a probation officer, get a job and go about his life," said Leach.Scrushy has been locked up since June 2007 following his conviction for allegedly bribing former Alabama governor Donald Siegelman. He was accused of making illegal campaign contributions to Siegelman in return for a seat on an influential statewide healthcare regulatory board.Scrushy has always maintained his innocence and his appeal has reached the U.S. Supreme Court. The high court has yet to announce whether they will hear the case.In the wake of the accounting scandal, HealthSouth teetered on the brink of bankruptcy but has sin...
FBN’s Connell McShane previews speeches by Fed Chief Ben Bernanke and Treasury Secretary Timothy Geithner at separate events today.
FBN’s Connell McShane details the oil giant’s plans today to permanently plug the blown-out well.
Former Alabama Governor Don Siegelman on the investigation surrounding his bribery case.
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Former Alabama Governor Don Siegelman on why he feels Goldman Sachs is being taken to the gallows to garner political support.
Former Alabama Governor Don Siegelman on his appeal before the Supreme Court.
RR Donnelly CEO Tom Quinlan weighs in on the publishing industry.
Fmr. Alabama Governor Don Siegelman on appealing to Scrushy's bribery conviction.
Former HealthSouth CFO Weston Smith on how he discovered the fraud inside the health-care giant.
Wife to former HealthSouth CEO Leslie Scrushy on her husband's six-year prison sentence.
Cavuto's all-star panel discusses the jailed HealthSouth CEO's letter to FOX Business.
Cavuto's all-star panel discusses the jailed HealthSouth CEO's letter to FOX Business.
DOW JONES NEWSWIRESIf the U.S. Supreme Court repeals the 2010 health-care law, for-profit hospital operators would suffer as costs for treating patients who can't pa...
Richard M. Scrushy, the former chief executive of HealthSouth Corp. (NYSE:HLS), remains jailed in federal prison, but that hasn't stopped him from offering his thoug...
He's 64 years old. He's a convicted felon with a shaved head. He's locked up in prison. And even with the nation's unemployment rate at 9.1%, he can still find a job...
Former HealthSouth (NYSE:HLS) CEO Richard Scrushy told FOX Business Wednesday he was “pleased” to have two of his bribery convictions thrown out this week by a feder...
FBN's Diane Macedo with the latest details surrounding the insider trading case.
Richard M. Scrushy, the jailed founder and former chief executive of HealthSouth Corp. (NYSE: HLS), believes a ruling against him last week by the Alabama Supreme Co...
FBN’s Connell McShane on the health-care company raising its full-year outlook after posting quarterly earnings of $0.44 a share, excluding certain items.
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