Healthsouth The Wagon At Disaster - 1383 Words

HealthSouth: The Wagon to Disaster is an eye-opening and compelling insight into what went on behind the colossal travesty HealthSouth Corporation became. The account is written by Aaron The beam, a founding member of HealthSouth who witnessed the rise and fall of Wall Street’s darling. The novel details the beginnings of both Richard Scrushy and Aaron Beam, the conception of HealthSouth, and the slow, slippery cliff of fraud that would lead to the downfall of a billion-dollar enterprise and tragedy for most involved. The story of HealthSouth begins with two of the most well know founders. Richard Scrushy was a bold, charismatic man of middle-class beginnings. He would rise from a mason to one of the highest earning CEO’s in the country due mainly to his ability to drive, charm, and manipulate those around him. Driven by the desire to attain wealth and status Scrushy was hired in at LifeMark where he rose through the ranks as a result of his unbridled competitive nature and workaholic tendencies. Though it was at the end of Richard’s career at LifeMark that the story of HealthSouth begins. When it was announced that the company’s Houston office would be closing Richard brought Beam and a few others into his plan. Scrushy wanted to form a company based on a new type of rehabilitative medicine company that due to the changing medical field was highly profitable. This bold and ambitious idea the degree of brilliance Richard Scrushy had. Certainly most of his future ideasShow MoreRelatedSummary : Liberty University 1620 Words   |  7 Pagescompany’s financial statements? In an attempt to answer this question, a question came to mind about Aaron Beam. In his book â€Å"HealthSouth: The Wagon to disaster† he asked this question: â€Å"what if I had said no to Richard Scrushy? Beam talks about all the harm he caused just because he could not stand up to Scrushy and took part in the massive accounting fraud at HealthSouth. Having read his book and the lessons learned from it, I will have done things differently than what Catherine Sprauer did. First