HealthSouth Completes Purchase of 30-Bed Rehabilitation Unit in Ft. Smith, Arkansas

BIRMINGHAM, Ala., Oct. 4 /PRNewswire-FirstCall/ — HealthSouth Corporation (NYSE: HLS) today announced it has completed its purchase of a 30-bed inpatient rehabilitation unit in Ft. Smith, Arkansas, from Health Management Associates (NYSE: HMA). The rehabilitation unit will be relocated from Health Management Associates’ Sparks Regional Medical Center to HealthSouth Rehabilitation Hospital of Ft. Smith.

“HealthSouth is committed to meeting the rehabilitative needs of patients in Ft. Smith, and we look forward to expanding our outreach in this market,” said Jay Grinney, HealthSouth president and CEO.

“We have provided rehabilitative care in Ft. Smith since 1989,” said Terry Maxhimer, president of HealthSouth’s Mid-Atlantic Region. “We have a terrific relationship with Sparks Regional Medical Center and will continue to work with them to provide a seamless continuum of care and ensure access to exceptional services for the patients of the Ft. Smith region.”

HealthSouth Rehabilitation Hospital of Ft. Smith serves Ft. Smith and the surrounding area, including Sebastian, Crawford and Logan counties in Arkansas as well as Adair, LeFore and Sequoyah counties in Oklahoma. HealthSouth operates four rehabilitation hospitals and one rehabilitation satellite unit throughout Arkansas in Fayetteville, Ft. Smith, Jonesboro, Little Rock and Sherwood.

About HealthSouth

HealthSouth is the nation’s largest provider of inpatient rehabilitative healthcare services. Operating in 26 states across the country and in Puerto Rico, HealthSouth serves patients through its network of inpatient rehabilitation hospitals, long-term acute care 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 injury, and amputations. HealthSouth can be found on the Web at www.healthsouth.com.

SOURCE HealthSouth Corporation