HEALTHSOUTH CORP
8-K, 1995-11-13
SPECIALTY OUTPATIENT FACILITIES, NEC
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549

                                    FORM 8-K

                 Current Report Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

Date of Report:      October 26, 1995

                             HEALTHSOUTH Corporation

            ---------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)

              Delaware                    1-10315               63-0860407
         ------------------              ---------             ------------
          (State or Other               (Commission          (I.R.S. Employer
   Jurisdiction of Incorporation        File Number)        Identification No.)
          or Organization)

       Two Perimeter Park South
         Birmingham, Alabama                                       35243
      ----------------------------                              -------------
        (Address of Principal                                    (Zip Code)
          Executive Offices)

           Registrant's Telephone Number,                      (205) 967-7116
                Including Area Code:

<PAGE>
Item 2.           ACQUISITION OR DISPOSITION OF ASSETS

         Effective  October  26,  1995,  HEALTHSOUTH  Corporation,   a  Delaware
corporation (the "Company"),  and its wholly-owned subsidiary,  SSCI Acquisition
Corporation, a Delaware corporation ("SAC"), completed the acquisition of Sutter
Surgery Centers, Inc., a Delaware corporation ("SSCI"),  through a merger of SAC
into SSCI. As  contemplated  by the terms of the Plan and Agreement of Merger by
and among the parties,  SSCI is the surviving  corporation in the merger, and is
wholly-owned by the Company.  Simultaneously  with the completion of the merger,
the surviving  corporation changed its name to HEALTHSOUTH Surgery Centers-West,
Inc. SSCI  stockholders  received  .09026 shares of the Common Stock,  par value
$.01 per share,  of the  Company for each share of the Common  Stock,  par value
$.01 per share, of SSCI held by them.

         Prior to consummation of the  acquisition,  SSCI operated 12 outpatient
surgery centers in three states.

Item 7.           FINANCIAL STATEMENTS AND EXHIBITS

         (a)      Financial Statements of Businesses Acquired.

         The  required  audited  consolidated  financial  statements  of SSCI at
December  31,  1994,  and the period then ended,  were filed with the  Company's
Registration  Statement on Form S-4 filed September 28, 1995 (Reg. No. 33-63055)
and  are  hereby  incorporated  herein  by  reference.  The  required  unaudited
consolidated  financial statements of SSCI at September 30, 1995, and the period
then ended will be filed under cover of Form 8-K/A as soon as  practicable,  but
not later than 60 days after November 10, 1995.

         (b)      Pro Forma Financial Information.

         It is  impracticable  to  provide  the  required  pro  forma  financial
information  for the Company at September  30, 1995,  and the period then ended.
Such required pro forma financial  information will be filed under cover of Form
8-K/A as soon as  practicable,  but not later  than 60 days after  November  10,
1995.

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<PAGE>
         (c)      Exhibits.

                  (2)               Plan and  Agreement  of Merger,  dated as of
                                    August 23,  1995,  by and among  HEALTHSOUTH
                                    Corporation,  SSCI  Acquisition  Corporation
                                    and Sutter Surgery  Centers,  Inc., filed as
                                    Annex A to the Prospectus  forming a part of
                                    the Company's Registration Statement on Form
                                    S-4 (Reg. No.  33-63055),  as filed with the
                                    Commission  on September 28, 1995, is hereby
                                    incorporated herein by reference.

         The Registrant  undertakes to furnish  supplementally to the Commission
upon  request  a copy of any  Exhibit  to the  Plan  and  Agreement  of  Merger,
incorporated by reference herein as Exhibit (2).

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<PAGE>
                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this Report to be signed on its behalf by the
undersigned hereunto duly authorized.

Date:             November 13, 1995.

                                            HEALTHSOUTH Corporation

                                            By    /s/ RICHARD M. SCRUSHY
                                            -----------------------------------
                                                     Richard M. Scrushy,
                                                    Chairman of the Board
                                                  and Chief Executive Officer


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