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HealthSouth Fourth-Quarter Loss Narrows on Lower Expenses

Rehabilitation chain HealthSouth said Thursday its fourth-quarter loss narrowed on lower operating expenses despite a slip in revenue.

The company's loss available to common shareholders totaled $77.9 million, or 98 cents per share, compared with $113.9 million, or $1.44 per share a year ago. Revenue fell less than half a percent to $730.2 million from $733.4 million.

Operating expenses for the quarter dropped 2 percent to $706.4 million from 2005.