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HEALTHSOUTH RECEIVES FTC REQUEST FOR ADDITIONAL INFORMATION

 HEALTHSOUTH RECEIVES FTC REQUEST FOR ADDITIONAL INFORMATION
 BIRMINGHAM, Ala., Feb. 28 /PRNewswire/ -- HealthSouth Rehabilitation Corporation (NYSE: HRC) announced today that it has received a request from the Federal Trade Commission (FTC) for additional information in connection with the FTC's review of the required filings under the Hart-Scott-Rodino Antitrust Improvement Act of 1976, as amended (HSR), made by HealthSouth and Continental Medical Systems, Inc. (CMS) (NYSE: CNM) with the FTC and the Department of Justice in connection with the proposed business combination between HealthSouth and CMS, which was previously announced on Jan. 2.
 The effect of the FTC's request is to extend the waiting period under the HSR Act during which the combination may not be consummated for an additional 20 days after the receipt by the FTC of all additional information requested. In addition to the expiration or termination of the waiting period under the HSR Act, the consummation of the combination is subject to the satisfaction of certain conditions precedent, including approval by the stockholders of HealthSouth and CMS, receipt of certain other governmental consents and approvals, the effectiveness of a registration statement to be filed with the Securities and Exchange Commission and other customary conditions.
 HealthSouth is considered one of the nation's leading independent providers of healthcare services, with more than 100 locations in 25 states and more than 6,000 employees.
 -0- 2/28/92
 /CONTACT: Richard M. Scrushy, chairman of the board, president and chief executive officer of HealthSouth Rehabilitation, 800-768-0018/
 (HRC CNM) CO: HealthSouth Rehabilitation Corporation; Continental Medical
 Systems, Inc. ST: Alabama IN: HEA SU:


BR-BN -- AT005 -- 3755 02/28/92 13:35 EST
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Publication:PR Newswire
Date:Feb 28, 1992
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