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HEALTHSOUTH CEO ACQUIRES 10,000 SHARES ON OPEN MARKET

 BIRMINGHAM, Ala., Sept. 1 /PRNewswire/ -- HEALTHSOUTH Rehabilitation Corporation (NYSE: HRC) announced today that Richard M. Scrushy, chairman of the board, president and chief executive officer, had purchased for his own account 10,000 shares of HEALTHSOUTH's common stock in an open market transaction on Aug. 31.
 The purchase was completed at a share price of $13.25.
 "As stated in our announcement on Aug. 30, the HEALTHSOUTH board feels that our stock price is depressed because of market conditions and not because of any problems with the company," said Scrushy. "I personally feel that our shares are undervalued and this initial purchase demonstrates my confidence in our company."
 HEALTHSOUTH had announced on Aug. 30 that its board had authorized a stock repurchase program. In addition to Scrushy, other members of senior management are purchasing HEALTHSOUTH stock in the open market for their own accounts.
 HEALTHSOUTH is a national provider of inpatient and outpatient rehabilitative healthcare services operating more than 175 locations in 30 states. Numerous sports superstars including Bo Jackson, Charles Barkley and Joe Montana have received their rehabilitative care at HEALTHSOUTH facilities.
 -0- 9/1/93
 /CONTACT: Richard M. Scrushy, chairman of the board, president and chief executive officer, or Aaron Beam Jr., vice president and chief financial officer of HEALTHSOUTH, 205-967-7116/
 (HRC)


CO: HEALTHSOUTH Rehabilitation Corporation ST: Alabama IN: HEA SU:

RA-BN -- AT009 -- 7980 09/01/93 13:00 EDT
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Publication:PR Newswire
Date:Sep 1, 1993
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