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Can you answer the healthcare finance question below? The Sarbanes-Oxley (SOX) Act of 2002 was born out of several accounting scandals at the time. One
Can you answer the healthcare finance question below?
The Sarbanes-Oxley (SOX) Act of 2002 was born out of several accounting scandals at the time. One of these accounting scandals was HealthSouth Corp., the nation's largest provider of outpatient surgery, diagnostic and rehabilitative healthcare services at the time (Sec.gov, 2003). Discuss the importance of fair and accurate financial reporting in the healthcare industry in a few paragraphs.
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