HCA Healthcare, Inc. is an American for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee , and, as of May 2020, owned and operated 186 hospitals and approximately 2,400 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 20 states and the United Kingdom. As of 2024, HCA Healthcare is ranked #61 on the Fortune 500 rankings of the largest United States corporations by total revenue.
71-536: The company engaged in illegal accounting and other crimes in the 1990s that resulted in the payment of more than $ 2 billion in federal fines and other penalties, and the dismissal of the CEO Rick Scott by the board of directors. Hospital Corporation of America ( HCA ) was founded in 1968 in Nashville, Tennessee, by Thomas F. Frist Sr. , Thomas F. Frist Jr. and Jack C. Massey . The founders envisioned
142-461: A $ 1.5 million partnership with Florida International University's Nicole Wertheim college of Nursing and Health Sciences, to expand its facilities to address the national nursing shortage. In October 2022, LCMC Health in partnership with Tulane University announced that it would acquire Tulane Medical Center , Lakeview Regional Medical Center , and Tulane Lakeside Hospital from HCA for $ 150 million pending regulatory approval. In March 2024, it
213-619: A 26 percent approval rating in December 2011, the lowest among U.S. governors, but it steadily increased during the rest of his governorship. It stood at 45 percent in August 2015, and at 57 percent in April 2017. In the aftermath of Hurricane Irma later that year, Scott's approval rating saw a high of 61 percent. Shortly before he left office, his ratings had fallen to 47 percent approving and 41 percent disapproving. In 2013, Scott signed
284-704: A bill requiring those seeking welfare under the federal Temporary Assistance for Needy Families program to submit to drug screenings. Applicants who fail a drug test may name another person to receive benefits for their children. General Catalyst General Catalyst is a global investment and transformation company that makes seed to growth stage investments and beyond. The firm has invested in 700+ businesses, including global companies such as Airbnb , Anduril, Applied Intuition , Commure, Glean, Guild, HubSpot, Kayak , Datalogix , Datto , Livongo , Gusto , Zepto, Ramp, Sword, Deliveroo , Samsara, Stripe , Snap , Mistral , and Helsing. General Catalyst
355-423: A blind trust, two weeks before disappointing earnings sent the stock on a 9-point plunge. At the time, Frist was considering a run for president and said that he had sold his shares to avoid the appearance of a conflict of interest. When the company disclosed that other executives had also sold their shares during that same time, shareholders alleged that the company had made false claims about its profits to drive up
426-438: A company that would bring together hospitals to deliver patient-focused care while using the combined resources of the organization to strengthen hospitals and improve the practice of medicine. The company began with Nashville's Park View Hospital, which the elder Frist had founded in 1960 with other doctors and where he was serving as chief executive. The company included 11 hospitals when it filed its initial public offering on
497-406: A deal with Google to develop healthcare algorithms using patient records. In August 2021, HCA announced a deal with venture capital firm General Catalyst to develop digital solutions to streamline workflows and improve patient care; as part of the deal, HCA sold its healthcare app development firm PatientKeeper to General Catalyst's portfolio company Commure. In April 2022, HCA Healthcare announced
568-577: A death sentence must be issued by a unanimous jury. The Florida Supreme Court ruled the law "cannot be applied to pending prosecutions" which means that until the Florida legislature acts, there is no procedure or law allowing a prosecutor to seek the death penalty; but it leaves open the status of sentences passed under the twice-struck down provisions, also left open by the January 2016 United States Supreme Court Hurst decision. The Court granted Hurst
639-783: A decade, Mr. Scott had built a company he founded with two small hospitals in El Paso into the world's largest health care company – a $ 20 billion giant with about 350 hospitals, 550 home health care offices and scores of other medical businesses in 38 states." On March 19, 1997, investigators from the Federal Bureau of Investigation , the Internal Revenue Service, and the Department of Health and Human Services served search warrants at Columbia/HCA facilities in El Paso and on dozens of doctors with suspected ties to
710-590: A failing doughnut shop (the Flavor Maid Do-Nut) by adding workplace delivery instead of relying on foot traffic. He later bought and revived another doughnut shop. After graduating from law school, Scott worked as an attorney at the law firm of Johnson & Swanson in Dallas, Texas. In 1988, Scott and Richard Rainwater , a financier from Fort Worth, each put up $ 125,000 in working capital in their new company, Columbia Hospital Corporation; they borrowed
781-577: A federal anti-kickback law passed in order to limit or eliminate instances of conflicts of interest in Medicare and Medicaid. During Scott's 2000 deposition, he pleaded the Fifth Amendment 75 times. In settlements reached in 2000 and 2002, Columbia/HCA pleaded guilty to 14 felonies and agreed to a $ 600+ million fine in what was at the time the largest health care fraud settlement in U.S. history. Columbia/HCA admitted systematically overcharging
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#1732802298261852-475: A group of investors who gave AHN a major infusion of cash so that the company could continue to operate. By early 1999, the network was available in 9.5 million American homes. In mid-1999 AHN merged with Fit TV , a subsidiary of Fox; the combination was renamed The Health Network. Later that year, in a deal between News Corp. and WebMD , the latter received half-ownership of The Health Network. WebMD planned to relaunch The Health Network as WebMD Television in
923-562: A minor league baseball team owner. In July 1997, Columbia/HCA Healthcare purchased a controlling interest in America's Health Network (AHN), the first 24-hour health care cable channel. They pulled out of the deal on the day of the closing because Scott and Vandewater were terminated, causing the immediate layoffs of more than 250 people in Orlando. Later that same year, Scott became majority owner of AHN. In 1998, Scott and Vandewater led
994-522: A new sentencing hearing after the same Supreme Court decision. During Scott's tenure, Florida executed more inmates (28) than had been executed under any other governor in the state's history. In the 2016 Republican primaries, Scott endorsed Trump after Trump won the Florida primary . Scott chaired a pro-Trump super PAC in the 2016 election. Unlike many other establishment Republicans, Scott praised Trump as tough on terrorism and as an outsider during
1065-643: A new-built private hospital located close to the Queen Elizabeth Hospital, Birmingham , in January 2024. In recent years, HCA Healthcare has become a significant provider of clinical and medical education. It is the largest sponsor of graduate medical education programs in the U.S., with 56 teaching hospitals in 14 states, primarily in regions with a deficit of physician training programs. The company includes Research College of Nursing and Mercy School of Nursing, and has several advanced nursing simulation training centers. In early 2020, it completed
1136-554: A nurse and 17 minutes to see a doctor. In February 2022, outsourced cleaning staff at London Bridge Hospital reported a lack of PPE, no access to sick pay, a lack of training and no prior warning about which rooms may be contaminated with the virus through the COVID-19 pandemic . The Princess Grace Hospital specializes in breast cancer and surgery, aided by Kefah Mokbel and Nick Perry who, in 2005, founded The London Breast Institute. The company intends to open The Harborne Hospital,
1207-509: A planned $ 20 million ad campaign by CPR. On April 9, 2010, Scott announced his candidacy for the 2010 Republican Party nomination for governor of Florida . He ran against Democratic nominee Alex Sink . Susie Wiles , former communications chief to Jacksonville Mayor John Peyton , was Scott's campaign manager, and Tony Fabrizio was his chief pollster. It was reported on May 7 that Scott's campaign had already spent $ 4.7 million on television and radio ads. His first video advertisement
1278-494: A public company in 1992. In February 1994, HCA Healthcare merged with Louisville, Kentucky -based Columbia Hospital Corporation, which earlier had acquired 73 hospitals of Galen Health Care from Humana, to form Columbia/HCA Healthcare Corporation. Related names of note include HCA International and Health Corporation of America. In 1988, Rick Scott and Richard Rainwater each put up $ 125,000 in working capital in their new company, Columbia Hospital Corporation ; they borrowed
1349-499: A truck driver. Orba adopted Rick, who took his stepfather's surname and became known as Richard Lynn Scott. Scott was raised in North Kansas City , Missouri , the second of five children. His family was lower-middle-class and struggled financially; Esther Scott worked as a clerk at J. C. Penney , among other jobs. Scott graduated from North Kansas City High School in 1970. He attended community college for
1420-482: A venture capitalist and pursued other business interests. Scott ran for governor of Florida in 2010 . He defeated Bill McCollum in a vigorously contested Republican primary election, and then defeated Democratic nominee Alex Sink by just over one point in the general election. Scott was reelected in 2014 , again by just over one point, against former governor Charlie Crist . He was barred by term limits from running for reelection in 2018 , and instead ran for
1491-876: A year, and then enlisted in the United States Navy . In 1972, he married Ann Holland , whom he met in high school, at a Baptist church in Kansas City . Scott had completed naval bootcamp just before the wedding. Afterward, he was sent to a naval posting in Newport, Rhode Island , where he and his wife lived for 15 months. He served there as a radarman on the USS ; Glover (FF-1098) , which during his enlistment spent time dry docked in Boston and sailed to ports in Bermuda and Puerto Rico . Scott
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#17328022982611562-484: Is an alternative to the emergency department care that these types of patients often seek, or for not seeing a doctor at all. In 2006, Scott said that his plans for Solantic were to establish a national brand of medical clinics. In August 2007, the company received a $ 40 million investment from a private equity firm and said that it expected to open 35 clinics by the end of 2009, with annual revenues of $ 100 million once all these clinics were open, compared to $ 20 million at
1633-564: Is expected to become Florida's senior senator when Marco Rubio resigns to become secretary of state in the second cabinet of Donald Trump . Rick Scott was born Richard Lynn Myers in Bloomington, Illinois , on December 1, 1952. Scott never met his biological father, Gordon William Myers, who was described by Scott's mother, Esther J. Scott (née Fry; 1928–2012), as an abusive alcoholic. Scott's parents divorced in his infancy. In 1954, Esther married Orba George Scott Jr. (died 2006),
1704-505: Is operating the two facilities as off-campus emergency departments of Lake City (Fla.) Medical Center and North Florida Regional Medical Center in Gainesville. Later that year, it signed an agreement to sell Garden Park Medical Center to Singing River Health System. In 2021, HCA sold Redmond Regional Medical Center to AdventHealth for $ 635M, and four other Georgia hospitals to Piedmont Healthcare for $ 950 million. They also announced
1775-641: The Republican Party , he served two terms as the 45th governor of Florida from 2011 to 2019. Scott is a graduate of the University of Missouri–Kansas City and the Dedman School of Law at Southern Methodist University . In 1987, after serving in the United States Navy and becoming a law firm partner, he co-founded Columbia Hospital Corporation . Columbia later merged with another corporation to form Columbia/HCA , which eventually became
1846-590: The Timely Justice Act (HB 7101) to overhaul the processes for capital punishment in Florida . The Supreme Court of the United States struck down part of this law in January 2016 in Hurst v. Florida , declaring, in an 8–1 decision, that a judge determining the aggravating facts to be used in considering a death sentence with only a non-binding recommendation from the jury based on a majority vote
1917-604: The Western United States that offer vitamins, herbal medicine, skin products, homeopathic medicines, and prescriptions. In the 1990s, Scott was a partner of George W. Bush as co-owner of the Texas Rangers . In February 2009, Scott founded Conservatives for Patients' Rights (CPR), which he said was intended to put pressure on Democrats to enact health care legislation based on free-market principles. As of March 2009, he had given about $ 5 million for
1988-639: The 2016 Republican convention. When Trump "sparred with the Muslim father of a slain U.S. soldier", Scott said "I'm never going to agree with every candidate on what they're going to say". When the Donald Trump Access Hollywood tape was publicized, in which Trump spoke of grabbing women "by the pussy", Scott rebuked Trump, saying, "I'm not following politics closely right now, but this is terrible. I don't agree with anyone talking like this about anyone, ever." In June 2011, Scott signed
2059-528: The August primary with approximately 46.4% percent of the vote to McCollum's 43.4% By the date of the Tampa debate between Scott and Sink (October 25, 2010), Scott had spent $ 60 million of his own money on the campaign compared to Sink's reported $ 28 million. Scott campaigned as part of the Tea Party movement . The Fort Myers News-Press quoted Scott as saying he spent roughly $ 78 million of his own money on
2130-476: The Columbia/HCA board of directors forced Rick Scott to resign as chairman and CEO amid growing evidence that the company "had kept two sets of books, one to show the government and one with actual expenses listed." Thomas Frist, a co-founder of HCA and brother of U.S. Senator Bill Frist , returned to the company as CEO in 1997 and called on longtime friend and colleague Jack O. Bovender Jr. to help him turn
2201-690: The Memorial University Medical Center in Savannah, Georgia. That same year, they acquired three Houston, Texas, hospitals from Tenet Healthcare . In 2019 they purchased Mission Health System which operates hospitals in North Carolina. In January 2020, HCA Healthcare acquired Valify, a healthcare cost-management company. In May 2020, HCA acquired 49-bed Shands Starke (Fla.) Regional Medical Center and 25-bed Shands Live Oak (Fla.) Regional Medical Center from CHS. HCA
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2272-485: The New York Stock Exchange (NYSE) in 1969 and had 26 hospitals and 3,000 beds by the end of the year. The 1970s were characterized by rapid growth in the industry and for HCA Healthcare. In the early 1980s, the focus shifted to consolidation with HCA Healthcare acquiring General Care Corporation, General Health Services, Hospital Affiliates International and Health Care Corporation. By the end of 1981,
2343-516: The Senate. Scott won the 2018 U.S. Senate election , defeating Democratic incumbent Bill Nelson . The initial election results were so close that they triggered a mandatory recount. The recount showed that Scott had won by 10,033 votes; Nelson then conceded the race. Scott took office following the expiration of his term as governor of Florida on January 8, 2019. He won reelection in 2024 , defeating Democratic nominee Debbie Mucarsel-Powell . Scott
2414-911: The United Kingdom. A significant portion of those hospitals are situated in Florida and Texas. As of 2022, HCA had 47 hospitals and 31 surgery centers in Florida, and 45 hospitals and 632 affiliated sites of care in Texas. In 2021, it announced plans to build 3 new hospitals in Florida. In 2022, The Dallas Morning News reported that HCA will build 5 new hospitals in Texas. They also have a strong presence in Tennessee, where it began. HCA had 13 hospitals there as of 2019. Between 2003 and 2017, HCA did not enter any new markets. However, in July 2007, HCA sold its hospitals in Switzerland. In 2017, HCA acquired
2485-655: The acquisition of Meadows Regional Medical Center. HCA International , the UK arm of Hospital Corporation of America , "caters for around half of all private patients in London." The main hospital sites within the United Kingdom it operates include: It opened urgent care walk-in centres at London Bridge Hospital and the Portland Hospital in March 2018. It claims that patients, on average, wait just seven minutes to see
2556-511: The allegations and asked a judge to dismiss the lawsuit by the Attorney General, and in return the hospital network filed a counterclaim against the Attorney General. Rick Scott This is an accepted version of this page Richard Lynn Scott ( né Myers ; born December 1, 1952) is an American attorney, businessman, and politician who has been the junior United States senator from Florida since 2019. A member of
2627-585: The campaign, although other figures indicate he spent slightly over $ 75 million. He won the general election, defeating Sink by around 68,000 votes, or 1.29%. He took office as the 45th governor of Florida on January 4, 2011. In October 2011, Scott announced that he would run for reelection in 2014. His political funding committee, Let's Get to Work , had raised $ 28 million for his campaign as of May 2014. As of early June 2014, Scott had spent almost $ 13 million since March on television advertisements attacking former governor Charlie Crist , who then appeared to be
2698-528: The company around. The federal probe culminated in 2003 with "the government receiving a total of over $ 2 billion in criminal fines and civil penalties for systematically defrauding federal health care programs." Columbia/HCA pleaded guilty to 14 felonies and admitted to systematically overcharging the government. The federal probe has been referred to as the longest and costliest investigation for health-care fraud in U.S. history. In July 2005, U.S. Senator Bill Frist sold all of his HCA shares, which were held in
2769-479: The company had invested in 25 Indian startups, including CRED, Uni, Spinny, Orange Health, FarMart, and Loop Health with investments ranging in all stages. In March 2023, General Catalyst was a supporter of the Silicon Valley Bank (SVB), after U.S. regulators shut it down after a significant number of the bank's customers sought to withdraw funds after dropping stock prices. General Catalyst, which
2840-446: The company operated 349 hospitals with more than 49,000 beds. Operating revenues had grown to $ 2.4 billion. In 1987, HCA Healthcare, which had grown to operate 463 hospitals (255 owned and 208 managed), spun off HealthTrust, a privately owned, 104-hospital company. Believing its stock was undervalued, the company completed a $ 5.1 billion leveraged management buyout led by chairman Thomas F. Frist Jr. in 1988. HCA Healthcare re-emerged as
2911-513: The company. Eight days after the initial raid, Scott signed his last SEC report as a hospital executive. Four months later, the board of directors pressured him to resign as chairman and CEO. He was succeeded by Thomas F. Frist Jr. Scott was paid $ 9.88 million in a settlement, and left owning 10 million shares of stock then worth more than $ 350 million. The directors had been warned in the company's annual public reports to stockholders that incentives Columbia/HCA offered doctors could run afoul of
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2982-404: The corporation was renamed HCA Healthcare. In December 2018, a historical marker was installed in the parking lot of HCA's Sarah Cannon Cancer Center in Nashville, formerly the location of HCA's first hospital, Park View Hospital. In 2018, the company was ranked No. 67 in the 2019 Fortune 500 list of the largest United States corporations by total revenue. In May 2021, the company finalized
3053-667: The fall of 2000, with new programming, but that company announced cutbacks and restructuring in September 2000, and, in January 2001, News Corp. regained 100% ownership. In September 2001, Fox Cable Networks Group sold The Health Network to its main rival, the Discovery Health Channel , for $ 155 million in cash plus a 10% equity stake in Discovery Health. Solantic, based in Jacksonville, Florida ,
3124-722: The general election against Crist and Annette Taddeo-Goldstein by 64,000 votes. The Libertarian candidates, Adrian Wyllie and Greg Roe, received 223,356 votes. During Hurricane Irma , Scott led Florida through the largest mass evacuation in U.S. history. He signed a repeal of Florida's 1985 growth management laws, reduced funding for water management districts, reduced oversight at the Florida Department of Environmental Protection, and supported increased funding for Everglades restoration. Scott supported permanent tax cuts and "focused on job numbers rather than on running state agencies or making sweeping policy changes". Scott had
3195-505: The government by claiming marketing costs as reimbursable, by striking illegal deals with home care agencies, and by filing false data about use of hospital space. It also admitted to fraudulently billing Medicare and other health programs by inflating the seriousness of diagnoses and to giving doctors partnerships in company hospitals as a kickback for the doctors referring patients to HCA. It filed false cost reports, fraudulently billed Medicare for home health care workers, and paid kickbacks in
3266-467: The initial round of funding of $ 3 million to Alijor.com (named for the first three letters of his two daughters' names), which offered hospitals, physicians, and other health care providers the opportunity to post information about their prices, hours, locations, insurance accepted, and personal backgrounds online. Scott co-founded the company with his daughter Allison. In 2008, Alijor was sold to HealthGrades . In May 2008, Scott purchased Drives , one of
3337-635: The lack of PPE. In April 2020, there was an outcry against HCA following the deaths of two nurses Celia Yap-Banago and Rosa Luna who worked at HCA hospitals in Kansas City and California and had contracted coronavirus, despite the alarm having been raised about the lack of PPE at work. On December 14, 2023, the North Carolina Attorney General sued HCA for violating the terms of an agreement that allowed HCA to purchase Mission Health. On February 13, 2024, HCA Healthcare denied
3408-452: The likely Democratic nominee, and who was eventually nominated. The ads resulted in a tightening of the race, mainly due to a decline in Crist's favorability ratings, while Scott's favorability ratings did not increase. By late September 2014, Scott's television ad spending had exceeded $ 35 million and in mid-October reached $ 56.5 million, compared to $ 26.5 million by Crist. On October 22 it
3479-478: The nation's largest for-profit health care company. Scott was pressured to resign as chief executive of Columbia/HCA in 1997. During his tenure as chief executive, the company defrauded Medicare, Medicaid, and other federal programs. The Department of Justice won 14 felony convictions against the company, which was fined $ 1.7 billion in what was at the time the largest healthcare fraud settlement in U.S. history. Following his departure from Columbia/HCA, Scott became
3550-426: The price, which then fell when the company reported disappointing financial results. Eleven of HCA's senior officers were sued for accounting fraud and insider trading . HCA settled the lawsuit in August 2007, agreeing to pay $ 20 million to the shareholders but admitting no wrongdoing, and no charges were brought. During the COVID-19 pandemic in the United States , HCA hospital nurses and other workers spoke out about
3621-444: The proposed holding company offered $ 3.85 billion for 80 million shares at $ 47 each, intending to assume an additional $ 1.2 billion in debt, for a total $ 5 billion deal. After HCA declined the offer, the bid was withdrawn. In 1994, Columbia Hospital Corporation merged with HCA, "forming the single largest for-profit health care company in the country." Scott became CEO of Columbia/HCA. According to The New York Times , "[in] less than
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#17328022982613692-612: The purchase of a majority stake in Galen College of Nursing , which operates 21 campuses in 12 states, offering Bachelor of Science and Associate of Science nursing degrees. In 1993, lawsuits were filed against HCA by former employees who alleged that the company had engaged in questionable Medicare billing practices. In 1997, with a federal investigation by the FBI , the IRS and the Department of Health and Human Services in its early stages,
3763-735: The remaining money needed to purchase two struggling hospitals in El Paso for $ 60 million. Then they acquired a neighboring hospital and shut it down. Within a year, the remaining two were doing much better. By the end of 1989, Columbia Hospital Corporation owned four hospitals with a total of 833 beds. In 1992, Columbia made a stock purchase of Basic American Medical, which owned eight hospitals, primarily in Southwestern Florida. In September 1993, Columbia did another stock purchase, worth $ 3.4 billion, of Galen Healthcare, which had been spun off by Humana Inc. several months earlier. At
3834-605: The remaining money needed to purchase two struggling hospitals in El Paso for $ 60 million. Then they acquired a neighboring hospital and shut it down. Within a year, the remaining two were doing much better. By the end of 1989, Columbia Hospital Corporation owned four hospitals with a total of 833 beds. In 1992, Columbia made a stock purchase of Basic American Medical, which owned eight hospitals, primarily in southwestern Florida. In September 1993, Columbia did another stock purchase, worth $ 3.4 billion, of Galen Healthcare, which had been spun off by Humana Inc. several months earlier. At
3905-516: The sale of home health agencies and to doctors to refer patients. In addition, it gave doctors "loans" never intending to be repaid, free rent, free office furniture, and free drugs from hospital pharmacies. In late 2002, HCA agreed to pay the United States government $ 631 million, plus interest, and $ 17.5 million to state Medicaid agencies, in addition to $ 250 million paid up to that point to resolve outstanding Medicare expense claims. In all, civil lawsuits cost HCA more than $ 2 billion to settle; at
3976-668: The time, Galen had approximately 90 hospitals. After the purchase, Galen stockholders had 82% of the stock in the combined company, with Scott still running the company. In April 1987, Scott made his first attempt to buy the Hospital Corporation of America (HCA). While still a partner at Johnson & Swanson, Scott formed the HCA Acquisition Company with two former executives of Republic Health Corporation, Charles Miller and Richard Ragsdale. With financing from Citicorp conditional on acquisition of HCA,
4047-555: The time, Galen had approximately 90 hospitals. After the purchase, Galen stockholders had 82% of the stock in the combined company, with Scott still running the company. On November 17, 2006, HCA became a private company for the third time when it completed a merger in which the company was acquired by a private investor group including affiliates of Kohlberg Kravis Roberts and Bain Capital , together with Merrill Lynch and HCA Healthcare founder Thomas F. Frist Jr. The total transaction
4118-515: The time, this was the largest fraud settlement in U.S. history. After leaving Columbia/HCA in 1997, Scott launched Richard L. Scott Investments, based in Naples, Florida (originally in Stamford, Connecticut ), which has stakes in health care, manufacturing and technology companies. Between 1998 and 2001, he purchased 50% of CyberGuard Corporation for approximately $ 10 million. Among his investors
4189-693: The time. As of March 2009, Solantic had 24 centers, all in Florida. Solantic was the target of an employment discrimination suit that claimed that there had been a policy to not hire elderly or obese applicants, preferring "mainstream" candidates. It was settled for an undisclosed sum on May 23, 2007. Scott responded to Salon regarding the claims of discrimination pointing out that "currently 53 percent of Solantic's employees are white, 20 percent black and 17 percent Hispanic." In 2003, Scott invested $ 5.5 million in Pharmaca Integrative Pharmacies, which operates drugstores/pharmacies in
4260-488: The world's leading independent designers and manufacturers of heavy-duty drive chain-based products and assemblies for industrial and agricultural applications and precision-engineered augers for agricultural, material handling, construction and related applications. Scott reportedly has an interest in a chain of family fun centers/bowling alleys, S&S Family Entertainment, in Kentucky and Tennessee led by Larry Schmittou ,
4331-500: Was 72%, well below the 90% analysts believed he needed to defeat Scott. Scott and Crist met in an October 15 debate held by the Florida Press Association at Broward College . Scott refused to take the stage for seven minutes because Crist had a small electric fan under his lectern. The incident was dubbed "fangate" by media sources such as Politico . On November 4, 2014, Scott and Carlos Lopez-Cantera won
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#17328022982614402-517: Was Metro Nashville finance director David Manning. In 2006, CyberGuard was sold to Secure Computing for more than $ 300 million. In February 2005, Scott purchased Continental Structural Plastics, Inc. (CSP) in Detroit, Michigan . In July 2006, CSP purchased Budd Plastics from ThyssenKrupp , making CSP the largest industrial composites molder in North America. In 2005–2006, Scott provided
4473-631: Was a SVB customer, organized a joint statement of support signed by more than 110 venture capital firms. As of 2020, it was ranked as one of America's largest venture capital firms. In June 2024, General Catalyst acquired La Famiglia, a German venture capital firm. In October 2024, General Catalyst announced the raise of $ 8 billion in new funds, including $ 4.5 billion for their core venture funds, making it their largest fundraise yet. General Catalyst makes capital investments in seed-stage companies, early-stage businesses and later-stage companies. In 2021, General Catalyst raised $ 600 million for
4544-461: Was announced HCA had completed the sale of West Hills Hospital and Medical Center and related assets in Los Angeles, California to UCLA Health , for an undisclosed amount. As of 2024, HCA has 186 hospitals. They also report operating more than 2,400 additional sites of care, including surgery centers, freestanding ERs, urgent care centers, and physician clinics located in 20 U.S. states and in
4615-481: Was co-founded in 2001 by Scott and Karen Bowling, a former television anchor Scott met after Columbia bought what is now Memorial Hospital in 1995. Solantic opened its first urgent care center in 2002. It provides urgent care services, immunizations, physicals, drug screening, and care for injured workers. The corporation attracts patients who do not have insurance, cannot get appointments with their primary care physicians, or do not have primary care physicians. Solantic
4686-557: Was founded in 2000 in Massachusetts by Joel Cutler and David Fialkow . In 2010, the company opened a Silicon Valley office. In 2021, the firm managed more than $ 8 billion in assets. In February 2022, it raised $ 4.6 billion for its 11th general fund. This brought the firm's total raised in its 20-year history to $ 14.75 billion. In 2021, the firm opened a London office. By September 2022, General Catalyst had invested in 17 European startups. By April 2023,
4757-599: Was in the Navy for 29 months, including training. After the Navy, Scott and his wife moved to Kansas City, where he attended college on the G.I. Bill . He graduated in 1975 from the University of Missouri–Kansas City with a bachelor of business administration . He earned a juris doctor degree by working his way through Southern Methodist University . The Texas Bar licensed him to practice law in 1978. Scott made his first foray into business while working his way through college and law school, initially buying and reviving
4828-558: Was insufficient and violated the Sixth Amendment guarantee of a jury trial. The Florida Legislature passed a new statute to comply with Hurst v. Florida , changing the sentencing method to require a 10-juror supermajority for a sentence of death with a life sentence as the alternative. In October 2016 this new sentencing scheme was struck down by the Florida Supreme Court in a 5–2 ruling, which held that
4899-532: Was released to YouTube on April 13. During the primary campaign, Scott's opponent, Bill McCollum , made an issue of Scott's role at Columbia/HCA. Scott countered that the FBI had never targeted him. Marc Caputo of the Miami Herald contended that a 1998 bill sponsored by McCollum would have made it more difficult to prosecute Medicare fraud cases, and was counter to his current views and allegations. Scott won
4970-491: Was reported that Scott's total spending had exceeded $ 83 million and he announced that, having previously said he would not do so, he would invest his own money into the campaign, speculated to be as much as $ 22 million. Crist hoped to draw strong support from Florida's more than 1.6 million registered black voters, an effort that was challenging given his previous political career as a Republican. A September 2014 Quinnipiac University poll revealed his support among black voters
5041-456: Was valued at approximately $ 33 billion, making it the largest leveraged buyout in history at the time, eclipsing the 1989 buyout of RJR Nabisco . In May 2010, HCA announced that the corporation would once again go public with an expected $ 4.6-billion IPO as HCA Holdings, Inc. In March 2011, HCA sold 126.2 million shares for $ 30 each, raising about $ 3.79 billion, at that time, the largest private-equity backed IPO in U.S. history. In May 2017,
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