HealthSouth Finalizes Purchase of New Jersey Rehabilitatio...( BIRMINGHAM Ala. July 31 /- Health...),Health

BIRMINGHAM, Ala., July 31 /PRNewswire-FirstCall/ -- HealthSouth Corporation (NYSE: HLS) has finalized, through one of its wholly owned subsidiaries, its previously announced purchase of The Rehabilitation Hospital of South Jersey, a 34-bed inpatient rehabilitation hospital in Vineland, NJ, from The Mediplex/Cumberland Rehabilitation Limited Partnership.

"The Rehabilitation Hospital of South Jersey, under the outstanding leadership of Dr. Francis Bonner, has provided exceptional care to patients in the South Jersey area for many years and we look forward to continuing this tradition for many years to come," said Jay Grinney, HealthSouth's president and chief executive officer. "We are very pleased to welcome the hospital to HealthSouth's nationwide network of preeminent rehabilitation hospitals."

The acquisition of The Rehabilitation Hospital of South Jersey adds a third New Jersey rehabilitation hospital to HealthSouth's northeast region. HealthSouth currently operates HealthSouth Rehabilitation Hospital of New Jersey in Toms River and Tinton Falls Rehabilitation Hospital, a Joint Venture of HealthSouth and Monmouth Medical Center, in Tinton Falls.

About HealthSouth

HealthSouth is the nation's largest provider of inpatient rehabilitation services. Operating in 26 states across the country and in Puerto Rico, HealthSouth serves more than 250,000 patients annually through its network of inpatient rehabilitation hospitals, long-term acute care hospitals, outpatient rehabilitation satellites, and home health agencies. HealthSouth strives to be the health care company of choice for its patients, employees, physicians and shareholders and can be found on the Web at ht
'/>"/>