UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): June 21, 2005
HEALTHSOUTH Corporation
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(Exact Name of Registrant as Specified in its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
1-10315 63-0860407
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(Commission File Number) (IRS Employer Identification No.)
One HEALTHSOUTH Parkway, Birmingham, Alabama 35243
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(Address of Principal Executive Offices, Including Zip Code)
(205) 967-7116
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(Registrant's Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01. Other Events.
On June 21, 2005, HEALTHSOUTH Corporation issued a press release
entitled: "HEALTHSOUTH PROVIDES UPDATE TO JUNE 29, 2005 MEETING."
A copy of the press release is attached hereto as Exhibit 99 and
incorporated herein by reference.
ITEM 9.01. Financial Statements and Exhibits.
(c) Exhibits.
See Exhibit Index.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Current Report on Form 8-K to be signed on
its behalf by the undersigned hereunto duly authorized.
HEALTHSOUTH CORPORATION
By: /s/ Gregory L. Doody
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Name: Gregory L. Doody
Title: Executive Vice President,
General Counsel and Secretary
Dated: June 21, 2005
EXHIBIT INDEX
Exhibit Number Description
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99 Press release of HEALTHSOUTH Corporation dated
June 21, 2005.
Exhibit 99
News From
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[HEALTHSOUTH GRAPHIC OMITTED]
June 21, 2005
HEALTHSOUTH PROVIDES UPDATE TO JUNE 29, 2005 MEETING
Comprehensive Form 10-K Filing Anticipated Closer to Meeting Date
than Previously Expected
Birmingham, Ala. - HealthSouth Corporation (OTC Pink Sheets: HLSH) today
reiterated that it will hold a meeting for investors in New York City on June
29, 2005 at 4 p.m. Eastern Time to provide an update of its current
operations, a review of its comprehensive Form 10-K for the years ended Dec.
31, 2000 through Dec. 31, 2003, and a brief overview of its strategic business
plan. The Company expects the meeting to conclude by 6 p.m. Eastern Time.
The Company affirmed its intent to file its comprehensive Form 10-K with the
Securities and Exchange Commission in advance of the June 29 meeting. The
Company also stated that it anticipates the filing date for the comprehensive
Form 10-K will be closer to the June 29 meeting date than previously expected.
This comprehensive Form 10-K will contain restated financial statements for
the years 2000-2001 and financial statements for the years 2002-2003.
"We are in the final stage of a multi-stage, multi-year process needed to
complete the comprehensive Form 10-K," said HealthSouth CFO John Workman.
"There have been hundreds of individuals who have assisted in the extensive
work that has been done to ensure that our accounting records are
reconstructed thoroughly and our financial statements and other disclosures
are prepared properly with respect to these historical financial statements."
The June 29 meeting will be held in the 3rd floor auditorium of the J.P.
Morgan Chase World Headquarters at 270 Park Avenue. Individuals attending the
meeting in person do not need to make a reservation and should allow ample
time for security. Photo identification will be required.
Individuals will also be able to access the meeting via teleconference or a
live Internet broadcast. To access the meeting by phone, please dial
877-918-6313 and enter pass code 6759603. International callers should dial
312-470-7286 and use the same pass code. A digital recording will be
available, beginning approximately two hours after the completion of the
meeting, from June 29, 2005 to July 15, 2005. To access the recording, please
dial 866-436-9398. International callers should dial 203-369-1041.
The Internet broadcast will be available at www.healthsouth.com by clicking on
an available link. The Webcast will be archived for replay purposes for two
weeks after the live broadcast on the same Web site.
A copy of the slide presentation that HealthSouth plans to use during the
meeting will be filed with the U.S. Securities and Exchange Commission and
will also be posted on the Company's Web site at www.healthsouth.com.
About HealthSouth
HealthSouth is one of the nation's largest providers of outpatient surgery,
diagnostic imaging and rehabilitative healthcare services, operating
facilities nationwide. 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 the matters described herein. Such forward-looking statements are
necessarily estimates based upon current information, involve a number of
risks and uncertainties and are made pursuant to the "safe harbor" provisions
of the Private Securities Litigation Reform Act of 1995. HealthSouth's actual
results may differ materially from the results 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
results to differ materially from those estimated by HealthSouth include, but
are not limited to: the investigations by the Department of Justice and the
Securities and Exchange Commission into HealthSouth's financial reporting and
related activity calling into question the accuracy of the Company's
previously filed financial statements; HealthSouth's statement that as a
result of the investigations, the Company's previously filed financial
statements should no longer be relied upon and may result in the Company
restating its prior financial statements; the withdrawal by HealthSouth's
former accountants of their audit reports on all of the Company's previously
filed financial statements; the outcome of pending litigation relating to
these matters; significant changes in HealthSouth's management team;
HealthSouth's ability to successfully amend, restructure and/or renegotiate
its existing indebtedness or cure or receive a waiver of the events of default
under such agreements, the failure of which may result in HealthSouth filing a
voluntary petition for bankruptcy; HealthSouth's ability to continue to
operate in the ordinary course and manage it's relationships with its
creditors, including it's lenders, bondholders, vendors and suppliers,
employees and customers; changes, delays in 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; changes to or delays in the implementation of the prospective
payment system for inpatient rehabilitation services; competitive pressures in
the healthcare industry and HealthSouth's response thereto; HealthSouth's
ability to obtain and retain favorable arrangements with third-party payors;
general conditions in the economy and capital markets; and other factors which
may be identified from time to time in the Company's SEC filings and other
public announcements.
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Media Contact
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Andy Brimmer, 205-410-2777