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Convicted health care exec’s art holdings up for bid

Tom Hoepf
Tom Hoepf

PHILADELPHIA (AP) – A Philadelphia auction house is set to sell off the art collection of a health care executive convicted of fraud.

Richard Scrushy’s collection will be auctioned off Sunday by Freeman’s in Philadelphia with proceeds going to HealthSouth and its shareholders.

HealthSouth Corp. won a $2.9 billion civil judgment against Scrushy in 2009 after he was convicted on federal corruption charges. An appeals court last week threw out two bribery convictions but let most of the corruption charges stand.

The Philadelphia Inquirer reports the collection includes two Picasso prints and a Renoir lithograph among its 16 pieces.

The items are on display through Saturday.

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AP-WF-05-11-11 1318GMT