PhyCor-MedPartners Merger Falls Through; MedPartners CEO Resigns After Stock Crash
Bad days in Birmingham: MedPartners lost its trophy dance partner, PhyCor, when the two physician practice management companies nixed their proposed nuptials. In the days that followed, MedPartners stock lost nearly half its value, the PPM was hit with at least three class-action lawsuits and, to cap it, CEO Larry House resigned. Richard M. Scrushy, … Read more