<ARTICLE> 5 <CIK> 0000785161 <NAME> HEALTHSOUTH CORPORATION <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 <CASH> 206,393 <SECURITIES> 3,716 <RECEIVABLES> 1,753,198 <ALLOWANCES> (711,711) <INVENTORY> 80,802 <CURRENT-ASSETS> 1,517,751 <PP&E> 2,981,113 <DEPRECIATION> (685,039) <TOTAL-ASSETS> 7,053,703 <CURRENT-LIABILITIES> 408,504 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,230 <OTHER-SE> 3,629,448 <TOTAL-LIABILITY-AND-EQUITY> 7,057,303 <SALES> 0 <TOTAL-REVENUES> 2,965,265 <CGS> 0 <TOTAL-COSTS> 1,936,083 <OTHER-EXPENSES> 246,925 <LOSS-PROVISION> 69,577 <INTEREST-EXPENSE> 103,702 <INCOME-PRETAX> 514,366 <INCOME-TAX> 214,485 <INCOME-CONTINUING> 240,403 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 240,403 <EPS-PRIMARY> 0.57 <EPS-DILUTED> 0.55