NovaCare and HealthSouth: Acquisition History Clarified

There is no record of NovaCare Inc. acquiring HealthSouth's physical therapy clinics. The historical relationship is as follows:

• NovaCare Inc. was a major provider of outpatient rehabilitation services.
• In 2008, NovaCare was acquired by Select Medical Holdings Corporation (formerly Select Medical Corporation), becoming part of Select Medical's outpatient division.
• HealthSouth (now Encompass Health) has operated its own inpatient rehabilitation hospitals and, historically, outpatient clinics, but its outpatient division was sold to Select Medical in 2015 (rebranded as NovaCare/Select Physical Therapy in many markets).

Thus, Select Medical acquired both NovaCare (2008) and HealthSouth's outpatient division (2015), integrating them under the Select Medical outpatient umbrella, which operates under brands including NovaCare Rehabilitation, Select Physical Therapy, and others.