Label exec Stroud responds to financial woes report

Comments provide context to money struggles, SunTrust suit
Feb 8, 2012 7:24 AM

Florida moves closer to big prison privatization

A plan to privatize about 30 prisons in the southern part of Florida is headed to that state's Senate soon. The proposal, which has met with opposition from labor unions and some lawmakers, would put Nashville-based Corrections Corporation of America in position to secure many new contracts.

Jan 30, 2012 9:27 AM

HCA hospital hit with $178M verdict

A jury in Jacksonville has awarded a man $178 million — $10 million of the dollar figure punitive — after ruling that doctors at HCA Holdings' Memorial Hospital Jacksonville missed a complication from gastric bypass surgery. As a result, Clay Chandler said he suffered damage to his eyes and brain. HCA officials say they plan to appeal the massive award.

Jan 24, 2012 7:17 AM

Healthcare Realty sells in Massachusetts

REIT also taking charge on five other properties now for sale
Jan 9, 2012 2:35 PM

Add the Sunshine State to CeCe's roster

Frozen yogurt chain Sweet CeCe's will next week open the doors to a Jacksonville store that will be its first in Florida. Moving into the Sunshine State gives CeCe Moore's concept a presence in nine states. Also coming soon is an expansion into San Antonio. Check out the chain's growing footprint here.

Dec 15, 2011 7:00 AM

Local resident charged as part of $120M tax fraud scheme

A Whites Creek man has been charged with tax fraud and linked to a national scheme that Department of Justice investigators say cost taxpayers $120 million. In a statement Tuesday, DOJ officials said David Clum Jr. was one of seven people who filed almost 400 false tax returns and put on seminars in Florida and Tennessee to recruit clients. Clum, who has not yet been arraigned, faces up to 215 years in prison if convicted.

According to the indictment, the false return scheme was national in scope, causing the filing of tax returns for at least 180 clients from 30 different states, requesting more than $120 million worth of fraudulent tax refunds. The indictment alleges that the defendants and clients of the scheme collectively filed more than 380 tax returns, mostly from tax year 2008 but also for other tax years, reporting the amount of their personal debt obligations as both income and as federal tax withholding.

Dec 7, 2011 11:48 AM

Cashia fertility venture expands into Florida

Vivere Health, the operator of fertility clinics run by former National Renal Alliance CEO Joe Cashia, has expanded into Florida by partnering with an Orlando doctor to open the Vivere - Winter Park Fertility Laboratory. Cashia, who in the spring of 2010 raised more than $20 million to launch Vivere, plans to recruit additional doctors and open satellite clinics in the area.

Dec 5, 2011 10:43 AM

Ambulatory Services subsidiary snaps up 17 more dialysis clinics

Company adds to national presence with Florida-based provider
Dec 1, 2011 11:42 AM

Rick Scott's former company bringing jobs here

Reports surfaced Wednesday in Florida that Solantic, the operator of urgent-care clinics founded a decade ago by former Columbia/HCA boss and current Florida Governor Rick Scott, will move its headquarters to the Nashville area. Just how many folks are making the move into which area building isn't yet clear, but a spokeswoman told the Jacksonville Daily Record the relo will be wrapped up before the year is out.

However, later reports and a statement from Scott's office said the HQ is not leaving North Florida. The Middle Tennessee presence will be "another corporate office," it was said.

Splitting hairs to appease the governor and co-founder, who sold his stake almost a year ago? Maybe. Either way, a key player in the new office and Solantic's expansion plans appears to be Mike Klein, the former Renal Advantage CEO who has led Solantic since May.

Nov 3, 2011 7:03 AM

CCA, peers await Florida privatization appeal

Corrections Corp. of America and its fellow prison managers will have to wait a little longer to get a shot at lucrative privatization contracts in Florida. After Gov. Rick Scott on Monday said he will not appeal a recent court ruling that state lawmakers' process for trying to privatize 29 prisons was unconstitutional, state Attorney General Pam Bond did file an appeal. If the plan's backers are denied in the courts, they'll have to start their process again but do so via a separate bill, and not by including it in the state's budget. CCA shares (Ticker: CXW) fell more than 2 percent Monday, in line with the big indices, and are down about 11 percent year to date.

Nov 1, 2011 7:40 AM