HealthSouth Corporation Strengthens Financial Visibility and Accelerates Monthly Closing

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Executive Summary

HealthSouth Corporation wanted to improve companywide visibility of financial data as part of HealthSouth's reorganization and relisting to the stock market and automate financial, budgeting, and human resources processes. The challenge was to accelerate monthly reporting, annual budgeting and planning and consolidate reporting by combining data and information from patient billing systems, financial systems, and human resources. HealthSouth Corporation upgraded to a single global instance of Oracle's PeopleSoft Enterprise Financial Management Suite 9.0 to expand visibility into the company's financial position, ensure Sarbanes-Oxley compliance, and facilitate stock exchange relisting.

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