Stifel Downgrades HealthSouth (HLS) to Hold

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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