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:      August 15, 1995




                            HEALTHSOUTH Corporation
           ---------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)




         Delaware                     1-10315                 63-0860407
    ------------------               ---------                ------------
      (State or Other               (Commission            (I.R.S. Employer
 Jurisdiction of Incorporation      File Number)           Identification No.)
     or Organization)



    Two Perimeter Park South
      Birmingham, Alabama                                       35243
   ----------------------------                             -------------
     (Address of Principal                                    (Zip Code)
      Executive Offices)



           Registrant's Telephone Number,                 (205) 967-7116
                Including Area Code:




ITEM 5.           OTHER EVENTS

         HEALTHSOUTH  Corporation  (the "Company") is filing this Current Report
on Form 8-K to announce its financial  results for the month of July 1995. These
consolidated   results   reflect  the   operations  of  the  Company   following
consummation of its merger with Surgical Health Corporation  ("SHC"),  which was
completed  June 13, 1995 and which was  accounted for as a pooling of interests.
HEALTHSOUTH  is filing  this Report to comply  with  provisions  of the Plan and
Agreement of Merger with SHC.

         For the month of July 1995,  HEALTHSOUTH's  consolidated  revenues were
approximately  $127,600,000 and its  consolidated net income was $8,110,000,  or
$.09 per share on a  fully-diluted  basis.  Weighted  average  common and common
equivalent shares outstanding for the month were 87,500,000 shares.


                                     - 2 -

                                   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:   August 15, 1995.

                            HEALTHSOUTH Corporation


                                    By                /s/ ANTHONY J. TANNER
                                    ----------------------------------------
                                                         Anthony J. Tanner
                                                       Executive Vice President
                                                           and Secretary