Corporate Governance and Ethics

Corporate Governance and Ethics
HealthSouth is fully committed to good corporate governance and the highest
standards of business conduct. In today's culture, good corporate governance
and adherence to a high ethical standard is simply good business.
We are dedicated to conducting our business with the highest level of integrity for
our investors. In October 2003, we implemented our revised Corporate
Compliance and Ethics Program to assist HealthSouth directors, officers and
employees in making the right choices regarding our business practices. Our
revised Corporate Compliance and Ethics Program is described in our Corporate
Compliance Handbook, which includes our revised Standards of Business
We are also dedicated to effective corporate governance. In January 2004, the
Board of Directors approved a number of changes
in our corporate governance platform in the interest of transparency and
accountability to our stakeholders. Our principles of corporate governance meet
or exceed the requirements of the Sarbanes-Oxley Act of 2002 and the revised
listing standards of the New York Stock Exchange. HealthSouth's principles of
corporate governance are set out in our Corporate Governance Guidelines and
the various charters of the standing committees of our Board
of Directors.