HealthSouth Corporation (NYSE:HLS) is looking for acquisitions. In an earnings call, Chief Executive Officer, April Anthony said, “There are nearly 5,000 hospices nationwide and so there's a pretty ripe field for acquisition. So, priority number one is to look at acquisitions. If we can't find an acquisition opportunity in the market that either meets our diligence criteria or is available for purchase, then we are not opposed to go on the de novo route. We've done a few de novos in the last couple of years on the hospice side and certainly they can be done, they're just a little bit more laborious and take a bit more time upfront. As far as the synergies between home health and hospice, we find those to be significant.”