Business Combinations (Tables)

9 Months Ended

Sep. 30, 2014

Schedule of Assets Acquired and Liabilities Assumed at the Acquisition Date

The fair value of the assets acquired and liabilities assumed at the acquisition date were as follows (in millions):



Total current assets	$	12.1
Property and equipment, net	30.4
Identifiable intangible assets:
Noncompete agreement (useful life of 3 years)	0.4
Tradename (useful life of 20 years)	2.5
Certificate of need (useful life of 20 years)	9.7
License (useful life of 20 years)	2.0
Goodwill	34.8
Total assets acquired	91.9
Total current liabilities assumed	(7.8		)
Total long-term liabilities assumed	(14.1		)
Net assets acquired	$	70.0

Summary of Actual and Pro Forma Results of Operations for Acquisitions

The following table summarizes the results of operations of the above mentioned entity from the date of acquisition included in our consolidated results of operations and the results of operations of the combined entity had the date of the acquisition been January 1, 2013 (in millions):



	Net Operating Revenues		Net Income Attributable to HealthSouth
Acquired entity only: Actual from acquisition date to September 30, 2014	$	15.4	$	2.6
Combined entity: Supplemental pro forma from 07/01/2014-09/30/2014*	596.9		50.1
Combined entity: Supplemental pro forma from 07/01/2013-09/30/2013	574.8		59.3
Combined entity: Supplemental pro forma from 01/01/2014-09/30/2014	1,811.3		181.6
Combined entity: Supplemental pro forma from 01/01/2013-09/30/2013	1,734.4		278.0

*Pro forma amounts equal reported operating results due to the acquisition of Fairlawn effective June 1, 2014.

Schedule of Noncash or Part Noncash Acquisitions

Information regarding the net cash paid for all acquisitions during each period presented is as follows (in millions):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014			2013
Fair value of assets acquired, net of $5.1 million of cash acquired in 2014	$	—	$	—	$	52.0		$	15.6
Goodwill	—		—		34.8			13.7
Fair value of liabilities assumed	—		—		(21.9		)	(0.4		)
Fair value of noncontrolling interest owned by joint venture partner	—		—		(14.0		)	—
Fair value of equity interest prior to acquisition	—		—		(35.0		)	—
Net cash paid for acquisitions	$	—	$	—	$	15.9		$	28.9

- Definition

Tabular disclosure of acquisition of assets or a business through noncash (or part noncash) transactions. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Disclosure may include the equity interest acquired, value of assets acquired, value of liabilities acquired, net monetary assets acquired, number of shares, warrants or options issued as consideration for a business or asset acquired and other information necessary to a fair presentation.

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