HealthSouth Corporation (NYSE: HLS) has entered an agreement for the sale of HealthSouth Rehabilitation of Baton Rouge, Louisiana.
HealthSouth will be selling the hospital to Baton Rouge Rehabilitation Hospital, LLC. The divesture is expected to close on January 29, 2010.
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There will not be an interruption in patient care during the transition to new ownership and HealthSouth will continue serving its patients in other hospitals throughout the state of Louisiana.
About HealthSouth
HealthSouth is the nation's largest provider of inpatient rehabilitative healthcare services. Operating in 26 states across the country and in Puerto Rico, HealthSouth serves patients through its network of inpatient rehabilitation hospitals, long-term acute care hospitals, outpatient rehabilitation satellites, and home health agencies.
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