Healthcare >> CEO Interviews >> February 7, 2001

Richard Scrushy – Healthsouth Corporation (hrc)

During the last 17 years RICHARD M. SCRUSHY, Chairman, CEO and Founder of HEALTHSOUTH Corporation, has successfully developed HEALTHSOUTH from an idea into the nation's premier healthcare provider, with more than 2,000 locations in all 50 states, the United Kingdom, Australia, Canada, and Puerto Rico. Mr. Scrushy serves as Chairman of the Board and Chief Executive Officer of HEALTHSOUTH. With his vision, HEALTHSOUTH has become the nation's undisputed leader in outpatient surgery, diagnostics and rehabilitative healthcare services. Since 1984, HEALTHSOUTH has grown to a company with more than $4 billion in revenues and an enterprise value of approximately $8 billion. These achievements have earned HEALTHSOUTH a spot in the S&P 500, the Fortune 500, and the Forbes 500. Mr. Scrushy graduated from the University of Alabama at Birmingham in 1974 and taught for over two years in its School of Health Related Professions. Today, he holds Honorary Doctorates from Troy State University, Birmingham-Southern College and the University of Alabama, and continues to guest lecture at the University of Alabama at Birmingham, Samford University, the University of Alabama in Tuscaloosa, Auburn University, Troy State University, the Darden School of Business, The Kellogg School of Business, the Harvard School of Public Health, the Owen Graduate School of Management at Vanderbilt and public schools. Mr. Scrushy sits on numerous public and civic boards, including the Business Council of Alabama; the University of Alabama Board of Visitors; the University of Alabama at Birmingham President's Council; the Board of Trustees of Troy State University; the Board of Trustees of Birmingham- Southern College; the Certificate of Need Review Board for the State of Alabama; and the American Red Cross Board of Governors. He also serves as Chairman of the Alabama Sports Hall of Fame. In addition to his role with HEALTHSOUTH, Mr. Scrushy also founded two other NYSE companies: Capstone Capital (NYSE: CCT), now part of Healthcare Realty Trust (NYSE: HR), and Caremark Rx, Inc. (NYSE: CMX), formerly known as MedPartners. Profile
TWST: Could we begin with a history and a profile of the company?

Mr. Scrushy: HEALTHSOUTH Corporation began in January 1984, so this year

we will complete our 17th year. We started the