Hca Columbia A Concorde Or A Blimp?

Richard L. Scott is no fan of the Clinton health-reform program. Yet the chief executive officer of Columbia Healthcare Corp. may be one of the first to benefit from Clinton's proposal. That's because Thomas F. Frist Jr., HCA-Hospital Corp. of America's CEO, responded to the prospect of the Clinton plan by picking up the phone and cutting a deal with Scott. On Oct. 2, the two announced that their companies would merge in a $5.7 billion stock swap. "If President Bush had been reelected...this merger would not be happening today," says Frist.

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