HealthSouth (HLS) Misses Q3 EPS by 8c

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HealthSouth Reports Results for Third Quarter 2015

October 28, 2015 4:35 PM EDT

BIRMINGHAM, Ala., Oct. 28, 2015 /PRNewswire/ -- HealthSouth Corporation (NYSE: HLS), one of the nation's largest providers of post-acute healthcare services, offering both facility-based and home-based post-acute services, today reported its results of operations for the third quarter ended September 30, 2015.

"Both segments experienced strong volume and net revenue growth in the third quarter with inpatient discharges increasing 9.6% and home health admissions from agencies owned by Encompass prior to 2014 increasing 17.1% year over year," said Jay Grinney, President and Chief Executive... More

HealthSouth Announces Intent To Redeem $50 Million Of Senior Notes Due 2022

October 28, 2015 4:25 PM EDT

BIRMINGHAM, Ala., Oct. 28, 2015 /PRNewswire/ -- HealthSouth Corporation (NYSE: HLS) today announced it has given notice of its intent to redeem $50 million of the outstanding principal amount of its 7.75% senior notes due 2022. The optional redemption will be made at a price of 103.875% pursuant to the underlying indenture. The Company plans to use cash on hand and borrowings under its senior secured credit facility to fund the redemption, which will be completed on November 30, 2015.  

About HealthSouthHealthSouth is one of the nation's largest providers of post-acute healthcare services, offering both facility-based and... More