HealthSouth
HealthSouth Corporation (HealthSouth), is an owner and operator of inpatient rehabilitation hospitals. In addition to HealthSouth hospitals, it manages three inpatient rehabilitation units through management contracts. In August 2011, the Company sold five long-term acute care hospitals (LTCHs). In April 2013, it announced that it has completed the purchase of Walton Rehabilitation Hospital, a 58-bed inpatient rehabilitation hospital formerly owned by Georgia Rehabilitation Institute, Inc., and doing business as Walton Rehabilitation Hospital in Augusta, Ga. In June 2013, Surgical Care Affiliates Inc, a unit of HealthSouth acquired Health Inventures Inc. In June 2014, HealthSouth Corp raised its interest to 80% from 50%, in Fairlawn Rehabilitation Hospital in Worcester, Massachusetts from its joint venture partner, UMass Memorial Health Care.
