BIRMINGHAM, Ala., Jan. 11, 2012 /PRNewswire/ -- HealthSouth (NYSE:HLS) today announced that George Carlis has been named Chief Development Officer and will be assuming the position on April 2, following the retirement of current Chief Development Officer Stephen L. Royal at the end of March. Carlis previously served as Vice President of Development for the company.
"I am delighted to announce the appointment of George Carlis as HealthSouth's Chief Development Officer. George has been an invaluable member of the Development department and has played a pivotal role in strategizing the Company's accelerated development plan," said HealthSouth President and Chief Executive Officer Jay Grinney. "As Chief Development Officer, George will be a key member of the Company's senior management team and will be responsible for all aspects of the Company's strategic expansion and growth opportunities."
"I also want to recognize the many accomplishments made by Steve Royal who will be retiring from the Company," added Grinney. "Over the past three years he has played a critical role in adding new hospitals to HealthSouth through both acquisitions and new construction. His contributions have been invaluable, and we wish him well in his retirement."
Carlis joined HealthSouth in 2011 as Vice President of Development. He is an accomplished attorney with 25 years of diverse legal, real estate and business experience. Most recently, Carlis served as general counsel for Arlington Capital Advisors, LLC, a sell-side mergers and acquisitions consultant. Additionally, he served as Senior Vice President and retail division general counsel for Colonial Properties Trust, and Senior Vice President and deputy general counsel for Saks Incorporated. He holds a law degree from Cornell University Law School in Ithaca, N.Y., and a bachelor's degree in accounting from Western Illinois University in Macomb, Ill.
HealthSouth is the nation's largest owner and operator of inpatient rehabilitation hospitals in terms of revenues, number of hospitals, and patients treated and discharged. Operating in 27 states across the country and in Puerto Rico, HealthSouth serves patients through its network of inpatient rehabilitation hospitals, outpatient rehabilitation satellite clinics and home health agencies. HealthSouth's hospitals provide a higher level of rehabilitative care to patients who are recovering from conditions such as stroke and other neurological disorders, orthopedic, cardiac and pulmonary conditions, brain and spinal cord injuries, and amputations. HealthSouth can be found on the Web at www.healthsouth.com.
Forward Looking Statements
Statements contained in this press release which are not historical facts, such as those relating to the likelihood, timing and effects of development plans, are forward-looking statements. In addition, HealthSouth may from time to time make forward-looking public statements concerning the matters described herein. All such estimates, projections, and forward-looking information speak only as of the date hereof, and HealthSouth undertakes no duty to publicly update or revise such forward-looking information, whether as a result of new information, future events, or otherwise. Such forward-looking statements are necessarily estimates or projections based upon current information and involve a number of risks and uncertainties. HealthSouth's
actual results or events may differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. While it is impossible to identify all such factors, factors which could cause actual results or events to differ materially from those anticipated include, but are not limited to, any adverse outcome of various lawsuits, claims, and legal or regulatory proceedings that may be brought by or against HealthSouth; the possibility that development projects will experience unexpected delays; the risk of a significant adjustment to the cost of completion; changes in the regulation of the healthcare industry at either or both of the federal and state levels; competitive pressures in the healthcare industry and HealthSouth's response thereto; HealthSouth's ability to attract and retain nurses, therapists, and other healthcare professionals in a highly competitive environment with often severe staffing shortages and the impact on HealthSouth's labor expenses from potential union activity and staffing shortages; changes, delays in (including in connection with resolution of Medicare payment reviews or appeals), or suspension of reimbursement for HealthSouth's services by governmental or private payors; general conditions in the economy and capital markets; and other factors which may be identified from time to time in HealthSouth's SEC filings and other public announcements, including
HealthSouth's Form 10-K for the year ended December 31, 2010 and Form 10-Q for the quarters ended March 31, 2011, June 30, 2011 and September 30, 2011.
Helen Todd, 205-969-5608
Investor Relations Contact
Mary Ann Arico, 205-969-6175
SOURCE HealthSouth Corporation