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Politics : Inhalin' with Palin !! -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Radley who wrote (197)	9/30/2008 10:54:12 AM
From: Brander	Respond to of 358

"The company began in 1987 when Scott, then a Dallas hospitals mergers and acquisitions lawyer, joined forces with Fort Worth investor Richard Rainwater. With each man pitching in $125,000, they bought two El Paso hospitals and began building their dream—a national, multiservice healthcare chain. Ten years later, and bolstered by Scott’s aggressive, bottom-line management style, Columbia has grown into a $20 billion healthcare system, the world’s largest. It owns 342 hospitals, 150 outpatient surgery centers, and more than 570 home health centers in 36 states, England, Spain, and Switzerland. The company employs about 290,000 people and owns 7 percent of America’s hospitals... ...Thomas Frist Jr., MD, the vice chair of Columbia’s board, and other board members rallied for Scott’s resignation after 35 warrants were obtained to search facilities in seven states in July. On July 25 he received the resignation. Frist, who co-founded Hospital Corporation of America (HCA) with his physician father in 1968, stepped in as chairperson and CEO."