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: October 9, 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 On October 9, 1995, HEALTHSOUTH Corporation, a Delaware corporation (the "Company"), entered into a Plan and Agreement of Merger with Surgical Care Affiliates, Inc., a Delaware corporation ("SCA"), pursuant to which a wholly-owned subsidiary of the Company will be merged into SCA, with SCA to be the surviving corporation. Under the terms of the Plan and Agreement of Merger, SCA stockholders will be entitled to receive shares of Company Common Stock for each share of SCA Common Stock held by them. The estimated value of the transaction, which will be accounted for as a tax-free pooling of interests, is approximately $1,200,000,000. As a result of the Merger, the Company will acquire 67 existing surgery centers and an additional 10 surgery centers under development or construction. The consummation of the transaction is subject to the expiration or termination of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act, and to certain other regulatory approvals. Subject to such approvals, the transaction is expected to close in early 1996, or as soon as practicable after the receipt of such approvals. Item 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits 21. Form of press release issued by HEALTHSOUTH Corporation in connection with the above-described transaction. 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: October 20, 1995 HEALTHSOUTH Corporation By /s/ ANTHONY J. TANNER ---------------------------------------- Anthony J. Tanner Executive Vice President - Administration and Secretary