HEALTHSOUTH Reports Strong Revenue, Volume, And Earnings Growth For Third Quarter 2016 And Updates Full-Year 2016 Guidance

BIRMINGHAM, Ala., Oct. 27, 2016 /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, 2016.

"The third quarter was another solid quarter for HealthSouth with both segments achieving strong volume, revenue, and earnings growth," said Jay Grinney, President and Chief Executive Officer of HealthSouth. "In addition to these solid operating fundamentals, we continued to enhance the clinical collaboration between our hospitals and home health agencies in overlap markets, providing patients in these markets with enhanced, coordinated post-acute services. Since the third quarter of 2015, our clinical collaboration rate has increased by 820 basis points. We also continued to invest in future growth through the opening of three new hospitals, the acquisition of one home health agency in Arizona, and the acquisition of three hospice agencies that complement existing home health agencies in Arkansas and Texas."

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