Columbia Hca Medicare Scandal
Case Study: Columbia / HCA and the Medicare Fraud Scandal
Central Facts of the Case
„X In 1997, Columbia/HCA Corporation was the largest health care company in the world
„X In 1996, Columbia Hospital Corporation was named the ¡§Most Admired Company¡¨ by Fortune magazine
„« Clearly they were a well-respected, well-trusted company not too long before they were raided, and during a time that they were under investigation (not known to the public at the time) for fraudulent activity
„X Columbia was buying up as many hospitals and other health-related business as it could
„X Became a public company in 1990
„X Physicians were allowed to own a stake in Columbia/HCA hospitals
Major Overriding Issue / Related Questions
The overriding issue is that Columbia/HCA acted illegally and unethically in their dealings with the Medicare program. This raises the following questions:
„X Should doctors be allowed to be shareholders in hospitals? Physicians are not allowed......
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Approximate Word Count: 1056
Approximate Pages: 5 (250 words per double-spaced page)
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