<ARTICLE> 5 <CIK> 0000785161 <NAME> HEALTHSOUTH Corporation <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> $ 148,028 <SECURITIES> 3,760 <RECEIVABLES> 818,348 <ALLOWANCES> (307,781) <INVENTORY> 47,107 <CURRENT-ASSETS> 847,511 <PP&E> 1,781,790 <DEPRECIATION> (390,917) <TOTAL-ASSETS> 3,371,952 <CURRENT-LIABILITIES> 303,536 <BONDS> 1,486,029 <COMMON> 3,190 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,512,734 <TOTAL-LIABILITY-AND-EQUITY> 3,371,952 <SALES> 0 <TOTAL-REVENUES> 2,436,537 <CGS> 0 <TOTAL-COSTS> 1,652,618 <OTHER-EXPENSES> 188,966 <LOSS-PROVISION> 54,112 <INTEREST-EXPENSE> 94,553 <INCOME-PRETAX> 410,493 <INCOME-TAX> 140,238 <INCOME-CONTINUING> 220,818 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 220,818 <EPS-PRIMARY> 0.68 <EPS-DILUTED> 0.66