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HealthSouth Posts 2nd-Quarter Profit

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Bloomberg News

HealthSouth Corp., the biggest U.S. operator of rehabilitation hospitals, had second-quarter earnings of $57.5 million as it treated more patients and boosted rates.

Net income was 14 cents a share, compared with a loss of $19.9 million, or 5 cents, a year earlier, the company said. Revenue rose 5.9% to $1.16 billion.

Shares of the Birmingham, Ala.-based company rose $1.11 to $11.16 on the NYSE.

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