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|                          |
|--------------------------|
|                          |  |
| 001-10315                | 63-0860407 |
| (Commission File Number) | (I.R.S. Employer Identification No.) |
|                     |   |

|        |
|--------|
|        |  |
| £ | Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|   |   |
| £ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|   |   |
| £ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|   |   |
| £ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |

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|                                                    |
|----------------------------------------------------|
|                                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                               | Three Months Ended |   | Six Months Ended |   |   |   |   |   |   |   |   |   |   |
|                                               | June 30, |   | June 30, |   | Year Ended December 31, |
|                                               | 2012 |   | 2011 |   | 2012 |   | 2011 |   | 2011 |   | 2010 |   | 2009 |   | 2008 |   | 2007 |
|                                               | (In Millions) |
| Net cash provided by operating activities          | $ | 114.0 |  |   | $ | 68.6 |  |   | $ | 195.0 |  |   | $ | 158.1 |  |   | $ | 342.7 |  |   | $ | 331.0 |  |   | $ | 406.1 |  |   | $ | 227.2 |  |   | $ | 230.6 |  |
| Provision for doubtful accounts                    | (6.5 | ) |   | (5.0 | ) |   | (12.8 | ) |   | (9.8 | ) |   | (21.0 | ) |   | (16.4 | ) |   | (30.7 | ) |   | (23.0 | ) |   | (28.5 | ) |
| Professional fees—accounting, tax, and legal | 5.5 |  |   | 8.4 |  |   | 9.1 |  |   | 12.2 |  |   | 21.0 |  |   | 17.2 |  |   | 8.8 |  |   | 44.4 |  |   | 51.6 |  |
| Interest expense and amortization of debt          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| discounts and fees                                 | 23.0 |  |   | 34.9 |  |   | 46.3 |  |   | 70.0 |  |   | 119.4 |  |   | 125.6 |  |   | 125.7 |  |   | 159.3 |  |   | 229.2 |  |
| UBS Settlement proceeds, gross                     | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | (100.0 | ) |   | — |  |   | — |  |
| Equity in net income of nonconsolidated            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| affiliates                                         | 3.1 |  |   | 3.2 |  |   | 6.4 |  |   | 5.7 |  |   | 12.0 |  |   | 10.1 |  |   | 4.6 |  |   | 10.6 |  |   | 10.3 |  |
| Net income attributable to noncontrolling          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  interests in continuing operations           | (13.2 | ) |   | (11.3 | ) |   | (25.8 | ) |   | (23.1 | ) |   | (47.0 | ) |   | (40.9 | ) |   | (33.3 | ) |   | (29.8 | ) |   | (31.1 | ) |
| Amortization of debt discounts and fees            | (0.9 | ) |   | (1.2 | ) |   | (1.8 | ) |   | (2.4 | ) |   | (4.2 | ) |   | (6.3 | ) |   | (6.6 | ) |   | (6.5 | ) |   | (7.8 | ) |
| Distributions from nonconsolidated affiliates      | (2.2 | ) |   | (2.8 | ) |   | (5.5 | ) |   | (5.5 | ) |   | (13.0 | ) |   | (8.1 | ) |   | (8.6 | ) |   | (10.9 | ) |   | (5.3 | ) |
| Current portion of income tax expense (benefit)    | 2.2 |  |   | 0.7 |  |   | 4.3 |  |   | (1.4 | ) |   | 0.6 |  |   | 2.9 |  |   | (7.0 | ) |   | (72.8 | ) |   | (330.4 | ) |
| Change in assets and liabilities                   | 1.5 |  |   | 17.4 |  |   | 38.4 |  |   | 28.3 |  |   | 49.9 |  |   | 2.8 |  |   | (2.1 | ) |   | 50.6 |  |   | 5.5 |  |
| Net premium paid on bond                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| issuance/redemption                                | — |  |   | 18.0 |  |   | — |  |   | 13.9 |  |   | 22.8 |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Change in government, class action,                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| and related settlements liability                  | — |  |   | (10.8 | ) |   | — |  |   | (6.5 | ) |   | (8.5 | ) |   | 2.9 |  |   | 11.2 |  |   | 7.4 |  |   | 171.4 |  |
| Net cash provided by operating activities of       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| discontinued operations                            | (1.3 | ) |   | (5.1 | ) |   | (1.7 | ) |   | (7.2 | ) |   | (9.1 | ) |   | (13.2 | ) |   | (5.7 | ) |   | (32.5 | ) |   | (3.3 | ) |
| Other, including realized (gains) and losses       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  on sales of investments                      | (0.1 | ) |   | 0.3 |  |   | 0.2 |  |   | 0.5 |  |   | 0.6 |  |   | 2.0 |  |   | 1.3 |  |   | (1.4 | ) |   | 14.5 |  |
| Adjusted EBITDA                                    | $ | 125.1 |  |   | $ | 115.3 |  |   | $ | 252.1 |  |   | $ | 232.8 |  |   | $ | 466.2 |  |   | $ | 409.6 |  |   | $ | 363.7 |  |   | $ | 322.6 |  |   | $ | 306.7 |  |

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|      |                                                                                                                                                                                                                                                                                   |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 99.1 | Conference Slides of HealthSouth Corporation used in connection with its September 6, 2012 and September 11, 2012 presentations at the Baird 2012 Healthcare Conference in New York City and the Morgan Stanley Global Healthcare Conference in New York City, respectively. |

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|        |
|--------|
|        |  |  |
|   |   |   |
| By:    | /S/   JOHN P. WHITTINGTON |
|   | Name: | John P. Whittington |
|   | Title: | Executive Vice President, General Counseland Corporate Secretary |