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Article: Columbia chief replaced amid fraud probe President also quits controversial for-profit hospital chain
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- July 26, 1997
- Author:
CopyrightCopyright 1997 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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Columbia/HCA Healthcare Corp. yesterday named Dr. Thomas Frist Jr.
as its chairman and chief executive in a move to heal the national
hospital company torn by a fraud probe and to reinvigorate expansion
efforts in New England and nationwide.
Frist, who was Columbia's vice chairman, replaces the embattled
Columbia founder Richard Scott, whose resignation, sources told the
Associated Press yesterday, was requested by the board after a flurry
of meetings this week on management and a possible merger with rival
Tenet Healthcare Corp. of Santa Barbara, Calif.
Scott and Columbia's president, David Vandewater -- a Scott ally
-- resigned after building Nashville-based Columbia into a chain of
340 ...