UNITED STATES
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 (date of earliest event reported): April 2, 2003
HEALTHSOUTH Corporation
(Exact Name of Registrant as Specified in its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
1-10315 63-0860407
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(Commission File Number) (IRS Employer Identification No.)
One HEALTHSOUTH Parkway, Birmingham, Alabama 35243
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(Address of Principal Executive Offices, Including Zip Code)
(205) 967-7116
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(Registrant's Telephone Number, Including Area Code)
Item 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
On April 2, 2003, National City Bank, Trustee under the Indenture
governing our 7-3/8% Senior Notes due 2006 (CUSIP No. 421924AU5) and our 8-3/8%
Senior Notes due 2011 (CUSIP Nos. 421924AV3 and 421924AX9), sent a notice to the
holders of such securities advising them that we had failed to make an interest
payment in the amount of $21,208,500 due April 1, 2003. According to the notice,
such failure constitutes a Default (as defined) under Section 6.01(a) of the
governing Indenture, and the continuance of such Default for a period of 30 days
will result in an Event of Default (as defined) under that section. We are
evaluating available alternatives with respect to such Default.
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: April 3, 2003.
HEALTHSOUTH Corporation
By /s/ WILLIAM W. HORTON
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William W. Horton
Executive Vice President
and Corporate Counsel