Rick Scott Was a Founder and CEO of Columbia Healthcare

question 76

Essay

Rick Scott was a founder and CEO of Columbia Healthcare system until the FBI raided several of his Hospitals for Medicare fraud.He was subsequently fired by Darla Moore,Vice President of Rainwater,Inc.,one of the largest private investment firms in America.Rainwater had substantial ownership in Columbia Healthcare.Moore was the first woman to be profiled on the cover of Fortune magazine in its 70-year history and was named to their list of the Top 50 Most Powerful Women in American Business.Nevertheless,Scott overcame the stigma of corruption and in November 2010 won the election as Governor of Florida.
a.Research and explain what traits and characteristics Scott brings to his endeavors that allowed him to overcome the Columbia scandal and win the Florida election.
b.From your research and explain (submit document specific research article urls)Scott's value system that allowed him to overcome the stigma of corruption and go on to seek election for a political office.

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Definitions:

Net Operating Income

The profit generated from a business's operations after subtracting operating expenses, but before interest and taxes.

Degree Of Operating Leverage

A financial ratio that measures the sensitivity of a company's operating income to a change in its sales volume.

Variable Expenses

Expenses that change in proportion to the activity of a business, such as raw material costs or sales commissions.

Fixed Expenses

Expenses that remain constant regardless of production or sales volume, including rent, insurance, and salaries.