Exhibit 11

HealthSouth and Subsidiaries

Computation of Per Share Earnings

	For the years ended December 31,
	2005			2004			2003
Numerator:
Loss from continuing operations before cumulative effect of accounting change	$	(384,585	)	$	(54,128	)	$	(426,920	)
Loss from discontinued operations, net of income tax expense		(61,409	)		(120,342	)		(5,181	)
Cumulative effect of accounting change, net of income tax expense		—			—			(2,456	)
Net loss	$	(445,994	)	$	(174,470	)	$	(434,557	)
Denominator:
Basic – weighted average common shares outstanding		396,563			396,423			396,132
Diluted—weighted average common shares outstanding		398,021			397,625			405,831
Basic loss per share:
Loss from continuing operations before cumulative effect of accounting change	$	(0.97	)	$	(0.14	)	$	(1.08	)
Loss from discontinued operations, net of income tax expense		(0.15	)		(0.30	)		(0.01	)
Cumulative effect of accounting change, net of income tax expense		—			—			(0.01	)
Net loss	$	(1.12	)	$	(0.44	)	$	(1.10	)
*Diluted loss per share:
Loss from continuing operations before cumulative effect of accounting change	$	(0.97	)	$	(0.14	)	$	(1.05	)
Loss from discontinued operations, net of income tax expense		(0.15	)		(0.30	)		(0.01	)
Cumulative effect of accounting change, net of income tax expense		—			—			(0.01	)
Net loss	$	(1.12	)	$	(0.44	)	$	(1.07	)

* Diluted loss per share is antidilutive.