HEALTHSOUTH CORP
424B3, 1998-09-30
SPECIALTY OUTPATIENT FACILITIES, NEC
Previous: VIRAGEN EUROPE LTD, 10-K405, 1998-09-30
Next: EFI ELECTRONICS CORP, S-8, 1998-09-30



                            Prospectus Supplement filed under Rule 424(b)(3) S-3
                                                       Registration No.333-52237


PROSPECTUS SUPPLEMENT
(to Prospectus dated June 3, 1998)


THIS DOCUMENTS  CONSTITUTES PART OF A PROSPECTUS  COVERING  SECURITIES THAT HAVE
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933.  INFORMATION  CONTAINED HEREIN
IS SUBJECT TO AMENDMENT.


                             HEALTHSOUTH Corporation

                                  $567,750,000
                         3.25% Convertible Subordinated
                               Debentures due 2003

                                       and

                       15,501,707 SHARES OF COMMON STOCK,
                            PAR VALUE $.01 PER SHARE

   The  Prospectus,  dated  June 3, 1998  (the  "Prospectus"),  relating  to the
offering  for  resale  of  $567,750,000  aggregate  principal  amount  of  3.25%
Convertible  Subordinated  Debentures due 2003 and  15,501,707  shares of Common
Stock, par value $.01 per share, of HEALTHSOUTH Corporation (the "Company"),  is
hereby supplemented as set forth below.

1. The  information  set forth  opposite  the name CREDIT  SUISSE  FIRST  BOSTON
   CORPORATION in the table of Selling  Securityholders on page 15 is amended as
   follows:

   Principal Amount of Debentures Beneficially Owned That May be Sold  4,500,000
   Percentage  of Debentures  Outstanding                                      *
   Number of Conversion  Shares                                          122,866
   Percentage of Common Stock Outstanding                                      *


2. COLONIAL PENN LIFE INSURANCE is added to the table of Securityholders on page
   15 of the  Prospectus,  together with the following  information as of recent
   date prior to the date of this Prospectus Supplement:

   Principal Amount of Debentures Beneficially Owned That May be Sold    500,000
   Percentage of Debentures Outstanding                                        *
   Number of Conversion Shares                                            13,651
   Percentage of Common Stock Outstanding                                      *

                                       1
<PAGE>
3. Donaldson,  Lufkin & Jenrette Securities Corporation is added to the table of
   Securityholders  on page 15 of the  Prospectus,  together  with the following
   information  as  of  recent  date  prior  to  the  date  of  this  Prospectus
   Supplement:

   Principal Amount of Debentures Beneficially Owned That May be Sold    200,000
   Percentage of Debentures Outstanding                                        *
   Number of Conversion Shares                                             5,640
   Percentage of Common Stock Outstanding                                      *


4. Gleneagles  Fund is added to the table of  Securityholders  on page 15 of the
   Prospectus,  together with the following  information as of recent date prior
   to the date of this Prospectus Supplement:

   Principal Amount of Debentures Beneficially Owned That May be Sold    500,000
   Percentage of Debentures Outstanding                                        *
   Number of Conversion Shares                                            13,651
   Percentage of Common Stock Outstanding                                      *



   The date of this Prospectus Supplement is September 30, 1998.


                                       2


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission