HealthSouth Completes Purchase Of Walton Rehabilitation Hospital In Augusta, Georgia

 HealthSouth Completes Purchase Of Walton Rehabilitation Hospital In Augusta,
                                   Georgia

PR Newswire

BIRMINGHAM, Ala., April 1, 2013

BIRMINGHAM, Ala., April 1, 2013 /PRNewswire/ --HealthSouth Corporation (NYSE:
HLS) today announced it has completed its previously announced purchase of
Walton Rehabilitation Hospital, a 58-bed inpatient rehabilitation hospital
formerly owned by Georgia Rehabilitation Institute, Inc., and doing business
as Walton Rehabilitation Hospital in Augusta, Ga.

"The purchase of Walton Rehabilitation Hospital by HealthSouth – our first in
the State of Georgia – is another milestone in our strategy of expanding
HealthSouth's rehabilitative outreach to new markets," said Linda Wilder,
president of HealthSouth's southeast region. "We are pleased to add Walton
Rehabilitation Hospital to our nationwide network of rehabilitation hospitals
and look forward to providing high-quality inpatient rehabilitative treatment
and technology to the residents of the Central Savannah River Area."

HealthSouth Walton Rehabilitation Hospital will offer high-quality inpatient
rehabilitative care including specialized rehabilitation programs treating
complex neurological and stroke patients, and will offer the most advanced
rehabilitation technology available. HealthSouth Walton Rehabilitation
Hospital will remain on the Walton campus, and there will be no interruption
to patient care during the transition.

HealthSouth, with this acquisition, owns and operates 101 inpatient
rehabilitation hospitals.

About HealthSouth
HealthSouth is the nation's largest owner and operator of inpatient
rehabilitation hospitals in terms of patients treated and discharged,
revenues, and number of hospitals. Operating in 28 states across the country
and in Puerto Rico, HealthSouth serves patients through its network of
inpatient rehabilitation hospitals, outpatient rehabilitation satellite
clinics and home health agencies. HealthSouth's hospitals provide a higher
level of rehabilitative care to patients who are recovering from conditions
such as stroke and other neurological disorders, orthopedic, cardiac and
pulmonary conditions, brain and spinal cord injuries, and amputations.
HealthSouth can be found on the Web at www.healthsouth.com.

Statements contained in this press release which are not historical facts are
forward-looking statements. In addition, HealthSouth, through its senior
management, may from time to time make forward-looking public statements
concerning guidance and the other matters described herein. All such
estimates, projections, and forward-looking information speak only as of the
date hereof, and HealthSouth undertakes no duty to publicly update or revise
such forward-looking information, whether as a result of new information,
future events, or otherwise. Such forward-looking statements are necessarily
estimates based upon current information, involve a number of risks and
uncertainties, and relate to, among other things, future events, HealthSouth's
business strategy, its financial plans, its future financial performance, or
its projected business results or model. Actual events or results may differ
materially from those anticipated in these forward-looking statements as a
result of a variety of factors. While it is impossible to identify all such
factors, factors which could cause actual events or results to differ
materially from those estimated by HealthSouth include, but are not limited
to, any adverse outcome of various lawsuits, claims, and legal or regulatory
proceedings involving HealthSouth, including its pending HHS-OIG
investigations; the hospital's ability to maintain proper local, state and
federal licensing; potential disruptions, breaches, or other incidents
affecting the proper operation, availability, or security of HealthSouth's
information systems; significant changes in HealthSouth's management team;
HealthSouth's ability to successfully complete and integrate this acquisition,
consistent with HealthSouth's growth strategy; changes, delays in (including
in connection with resolution of Medicare payment reviews or appeals), or
suspension of reimbursement for HealthSouth's services by governmental or
private payors; changes in the regulation of the healthcare industry at either
or both of the federal and state levels, including as part of national
healthcare reform and deficit reduction; competitive pressures in the
healthcare industry and HealthSouth's response thereto; HealthSouth's ability
to obtain and retain favorable arrangements with third-party payors;
HealthSouth's ability to attract and retain nurses, therapists, and other
healthcare professionals in a highly competitive environment with often severe
staffing shortages and the impact on HealthSouth's labor expenses from
potential union activity and staffing shortages; general conditions in the
local or national economy and capital markets; and other factors which may be
identified from time to time in HealthSouth's SEC filings and other public
announcements, including HealthSouth's Form 10‑K for the year ended
December31, 2012.

Media Contact:
Casey Lassiter, 205-410-2777

Investor Relations Contact:
Mary Ann Arico, 205 969-6175
maryann.arico@healthsouth.com

SOURCE HealthSouth Corporation

Website: http://www.healthsouth.com
 
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