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 15, 1995
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)
Two Perimeter Park South
Birmingham, Alabama 35243
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's Telephone Number, (205) 967-7116
Including Area Code:
Item 5. OTHER EVENTS
On October 15, 1995, HEALTHSOUTH Corporation, a Delaware corporation (the
"Company"), entered into a Stock Purchase Agreement with Caremark International
Inc., a Delaware corporation, pursuant to which HEALTHSOUTH will purchase all of
the issued and outstanding shares of the capital stock of CareMark Orthopedic
Services, Inc., a Delaware corporation, for a cash purchase price of
$127,500,000. As a result of the acquisition, which will be accounted for as an
asset purchase, the Company will acquire more than 120 outpatient rehabilitation
centers in 13 states. 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 by
the end of 1995, or as soon as practicable after the receipt of such approvals.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99. 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 30, 1995
HEALTHSOUTH Corporation
By /s/ ANTHONY J. TANNER
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Anthony J. Tanner
Executive Vice President - Administration
and Secretary