Why did Rick Scott resign as CEO of Columbia/HCA in 1997?
He was presented a higher job offer
He decided to go into politics
He was pressured to resign
He wanted to pursue another field
Answer
Rick Scott was pressured to resign as CEO of Columbia/HCA in 1997 after the company was investigated by the federal government for fraud. Scott had been CEO of the company since 1992, and under his leadership, Columbia/HCA grew to become the largest for-profit hospital chain in the United States. However, the company was also accused of defrauding the government by overcharging for Medicare and Medicaid patients.
Testing your knowledge on Rick Scott: The Political Journey of an American Heavyweight
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