Sector: Healthcare|Industry: Medical Care Facilities|Market Cap: $11.94B|Employees: 97K
Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company’s hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services. It also provides commercial health insurance services; and various management services, which include central purchasing, information, finance and control systems, facilities planning, physician recruitment, administrative personnel management, marketing, and public relations services. Universal Health Services, Inc. founded in 1978 and is headquartered in King of Prussia, Pennsylvania.
Net revenues reached $14.28 billion, up from $13.40 billion in the prior year. The increase was attributed to a $1.01 billion increase from same-facility operations in both acute care and behavioral health segments. This indicates organic growth within existing facilities.
Income from operations increased to $1.175 billion, up from $1.004 billion. However, operating expenses increased by 7.4%, outpacing revenue growth, suggesting margin compression due to rising costs, particularly in labor and supplies.
Net income attributable to UHS reached $717.8 million, compared to $675.6 million in the previous year. This increase reflects improved profitability driven by revenue growth and effective cost management.