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): May 30, 2003
HEALTHSOUTH Corporation
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(Exact Name of Registrant as Specified in its Charter)
Delaware 1-10315 63-0860407
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State or Other Commission (I.R.S. Employer
Jurisdiction of Incorporation File Number) Identification No.)
or Organization)
One HEALTHSOUTH Parkway
Birmingham, Alabama 35243
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's Telephone Number,
Including Area Code: (205) 967-7116
Item 9. REGULATION FD DISCLOSURE
On May 30, 2003, representatives of HEALTHSOUTH Corporation will begin
providing to HEALTHSOUTH employees the letter attached to this Form 8-K as
Exhibit 99, or variations of that letter. This letter is being used to update
employees on recent developments at HEALTHSOUTH. We are furnishing the text of
this letter pursuant to the Securities and Exchange Commission's Regulation FD.
This information is furnished pursuant to Item 9 of Form 8-K and shall not be
deemed to be "filed" for the purposes of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that Section, unless we
specifically incorporate it by reference in a document filed under the
Securities Act of 1933 or the Securities Exchange Act of 1934. By filing this
report on Form 8-K and furnishing this information, we make no admission as to
the materiality of any information in this report that is required to be
disclosed solely by reason of Regulation FD.
The information contained in the attached letter is summary information
that is intended to be considered in the context of our SEC filings and other
public announcements that we may make, by press release or otherwise, from time
to time. We undertake no duty or obligation to publicly update or revise the
information contained in this report, although we may do so from time to time as
our management believes is warranted. Any such updating may be made through the
filing of other reports or documents with the SEC, through press releases or
through other public disclosure.
Some of the matters discussed in this report (including its exhibit)
may constitute forward-looking statements. Some of these forward-looking
statements can be identified by the use of forward-looking terminology such as
"believes", "expects", "may", "will", "should", "seeks", "approximately",
"intends", "plans", "estimates" or "anticipates" or the negative thereof or
other comparable terminology, or by discussions of strategy, plans or
intentions. Without limiting the generality of the preceding statement, all
statements in this report concerning or relating to estimated and projected
earnings, margins, costs, expenditures, cash flows, growth rates and financial
results are forward-looking statements. In addition, we, through our senior
management, from time to time make forward-looking public statements concerning
our expected future operations and performance and other developments. These
forward-looking statements are necessarily estimates that involve a number of
risks and uncertainties. There can be no assurance that our actual results will
not differ materially from the results anticipated in such forward-looking
statements. While it is impossible to identify all such factors, factors which
could cause actual results to differ materially from those estimated by us
include, but are not limited to, changes in the regulation of the healthcare
industry at either or both of the federal and state levels, changes or delays in
reimbursement for our services by governmental or private payors, changes to or
delays in the implementation of the prospective payment system for inpatient
rehabilitation services, competitive pressures in the healthcare industry and
our response thereto, our ability to obtain and retain favorable arrangements
with third-party payors, unanticipated delays in the implementation of our
operating strategies, general conditions in the economy and capital markets and
other factors which may be identified from time to time in our SEC filings and
other public announcements.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99. Text of Letter to Employees In Use Beginning May 30, 2003.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: May 30, 2003.
HEALTHSOUTH Corporation
By /s/ WILLIAM W. HORTON
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William W. Horton
Executive Vice President
and Corporate Counsel