From Tampa Bay Times and PolitiFact’s Allison Graves, 04/19/2018:
Scott started Columbia in the spring of 1987, purchasing two El Paso, Texas, hospitals. Over the next decade he added hundreds of hospitals, surgery centers and home health locations. In 1994, Scott’s Columbia chain purchased Tennessee-based HCA and its 100 hospitals and merged the companies.
In 1997, federal agents seized records from four El Paso-area hospitals and then expanded their investigation across the country. They focused on whether Columbia/HCA had committed Medicare and Medicaid fraud.
Scott resigned as CEO in July 1997, almost four months after the inquiry became public. In December 2000, the U.S. Justice Department announced that Columbia/HCA agreed to pay $840 million in criminal fines, civil damages and penalties. The government settled a second series of similar claims with Columbia/HCA in 2002 for an additional $881 million.