Thread regarding HealthSouth Corp. layoffs

Layoffs at Healthsouth?

"The situation in Baton Rouge is unique," said Linda Wilder, HealthSouth's Regional President. "The rehabilitation market in Baton Rouge is over-bedded and the hospital, ALTHOUGH PROFITABLE, was underperforming financially when compared to the portfolio of hospitals HealthSouth owns and operates. Ultimately, we determined it was in the COMPANY'S BEST INTEREST to monetize this asset and redeploy the capital in other markets."

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