Company News Releases and Media Statements
Stay up-to-date with the latest news releases and media statements from UHS.
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4/14/24
King of Prussia, PA (April 4, 2024) — Universal Health Services (NYSE: UHS), one of the nation’s largest and most respected providers of hospital and healthcare services, has published its 2023 Annual Report titled, “Leading with Purpose.”
3/18/24
Palo Alto, CA (March 18, 2024) – Hippocratic AI, the company building the first safety-focused Large Language Model (LLM) for healthcare, today announced the close of a $53 million Series A funding round at a $500 million valuation, bringing total funding to $120 million.
3/18/24
King of Prussia, PA (March 18, 2024) — Army National Guard Behavioral Health Lieutenant Colonel (LTC) Mark C. Fleming, Ph.D., of the 35th Military Police (MP) Brigade of the Missouri Army National Guard was recently awarded the 2024 Behavioral Health Officer of the Year Award from the Army National Guard Behavioral Health Working Group. Mark also serves as Divisional Vice President at Universal Health Services.
2/26/24
KING OF PRUSSIA, Pa. (February 26, 2024) — Universal Health Services, Inc. (NYSE: UHS), one of the nation’s largest and most respected providers of hospital and healthcare services, is pleased to announce it has once again been selected by Fortune as one of the "World's Most Admired Companies" in 2024.
2/20/24
King of Prussia, PA (February 20, 2024) — Universal Health Services (NYSE: UHS) announced that it has been named a 2023 Human Experience (HX) Guardian of Excellence Award® winner by Press Ganey, the global leader in healthcare experience solutions and services. This award is part of Press Ganey’s annual ranking of the top hospitals and health systems in the country, according to performance in consumer experience.
1/29/24
King of Prussia, PA (January 29, 2024) — Universal Health Services (NYSE: UHS) announced today that it has been recognized as one of America’s Greatest Workplaces for Diversity 2024 by Newsweek and Plant-A Insights Group. This survey of over 220,000 individuals included representation at over 1.5 million companies in America.
1/8/24
King of Prussia, PA (January 8, 2024) — Universal Health Services (NYSE: UHS) is pleased to announce a new Advisory Board for its Patriot Support Programs initiative. At subsidiary behavioral health facilities across the country designated as Patriot Support Program entities, UHS provides treatment for active-duty military, veterans and their families.
12/13/23
King of Prussia, PA (December 13, 2023) — Universal Health Services (NYSE: UHS) today announced it appears on the American Opportunity Index. The Index scores how well America’s largest companies drive economic mobility and positive career outcomes for their employees — actions that can help fuel business performance. Within the Healthcare category, UHS ranks at #45; within the Medical Care Facilities category, UHS ranks at #2.
12/5/23
King of Prussia (December 5, 2023) — Universal Health Services (NYSE: UHS) is proud to announce that Becker’s Hospital Review has named Marc D. Miller, President & CEO, and Steve Filton, CFO, as one of 2023’s Highly Successful CEO-CFO Duos. The list honors a total of 26 CEO and CFO teams for their commitment to optimizing healthcare. The executives featured on Becker’s annual list utilize their leadership experience, innovative vision and financial expertise to enhance the delivery of healthcare for patients.
10/18/23
King of Prussia, PA (October 18, 2023) — Universal Health Services (NYSE: UHS) today announced that Eric Goodwin, VP and Chief Information Officer (CIO), has been awarded with the ORBIE® award presented by PhillyCIO. The ORBIE Award is synonymous with excellence and signifies exceptional leadership, innovation and vision.
10/10/23
King of Prussia, PA (October 10, 2023) — Universal Health Services (NYSE: UHS) today announced its designation as a Champion of Board Diversity by The Forum of Executive Women, the Greater Philadelphia Region’s premier women’s organization.
9/25/23
KING OF PRUSSIA, Pa. – September 25, 2023 — Universal Health Services (NYSE: UHS) announced today the appointment of David Rice, MD, MHL, FACHE, to Chief Medical Officer, Acute Care Division. In this role, Dr. Rice will partner with Acute Care Division leaders to enhance the quality of care and patient outcomes delivered in our hospitals, facilities and care access points, and will be instrumental in advancing our physician alignment and clinical integration strategies.
9/19/23
Universal Health Services Accountable Care Organizations (ACOs) Saved Medicare $79.6 million in 2022
RENO, NV (September 19, 2023) — Prominence Health announces 2022 Accountable Care Organization (ACO) results with over $79 million in savings to Medicare and more than $57 million in earnings for 3,000 participating physicians. This yields a total of over $450 million saved since the establishment of the first UHS ACO in 2014.
8/1/23
PALO ALTO, Calif., Aug. 01, 2023 (GLOBE NEWSWIRE) — Hippocratic AI has announced the formation of its Founding Partner Program. The program involves leading health systems and digital health companies in both the United States and Canada, including HonorHealth, Cincinnati Children’s, Universal Health Services (UHS), SonderMind, Vital Software, Capsule, and Canada's ELNA Medical Group, who will play an integral role in developing Hippocratic AI’s technology.
7/19/23
AUSTIN, Texas and King of Prussia, Pa. (July 19, 2023) — Universal Health Services (UHS), a leading provider of hospital and healthcare services, is expanding the Oracle Health electronic health record (EHR) across its broad network of behavioral health facilities.
7/12/23
KING OF PRUSSIA, Pa. (July 10, 2023) — Forbes released its 20th annual edition of the Global 2000, which for the past two decades has ranked the largest companies in the world using four metrics: sales, profits, assets, and market value.
6/26/23
Madera, CA (June 26, 2023) — Today, the new River Vista Behavioral Health, located at 40886 Goodwin Way in Madera, held a ribbon-cutting ceremony. The hospital, which will accept its first patients in early July, will open in phases, increasing census during the upcoming months.
6/13/23
KING OF PRUSSIA, Pa. (June 13, 2023) — Universal Health Services, Inc. (NYSE: UHS), one of the largest and most respected providers of hospital and healthcare services, is honored to announce it is again ranked on the annual Fortune 500 list — this year at #311.
6/5/23
Trinity Health Michigan and Universal Health Services Break Ground on Southridge Behavioral Hospital
King of Prussia, PA and Grand Rapids, MI (June 5, 2023) — Southridge Behavioral Hospital, the joint venture partnership between Universal Health Services (NYSE: UHS) and Trinity Health Michigan, held a groundbreaking ceremony today. The new Southridge Behavioral Hospital will be located at 2145 64th Steet SW, near the Trinity Health Medical Center in Byron Center, Michigan.Southridge Behavioral Hospital.
4/6/23
King of Prussia, PA (April 6, 2023) — Universal Health Services (NYSE: UHS), one of the nation’s largest and most respected providers of hospital and healthcare services, has issued its 2022 Annual Report and Environmental, Social and Governance (ESG) Profile entitled An Expanding Network of Care.
3/28/23
Palm Beach Gardens, FL (March 28, 2023) — Universal Health Services (NYSE: UHS) today held a celebratory groundbreaking ceremony for the new full-service hospital to be located on Pasteur Blvd. in Palm Beach Gardens. The new state-of-the-art hospital is expected to open in 2025 and will join UHS’ growing regional network of healthcare operations which includes Wellington Regional Medical Center, the ER at Westlake (an extension of Wellington Regional Medical Center), Wellington Physicians Urgent Care and other healthcare services and access points.
2/21/23
King of Prussia, PA and Grand Rapids, MI (February 21, 2023) — Southridge Behavioral Hospital, the joint venture partnership between Universal Health Services (NYSE: UHS) and Trinity Health Michigan, reports today that building design is progressing and the facility is on schedule to open in 2025.
2/13/23
Allentown and King of Prussia, Pa. (Feb. 13, 2023) — Lehigh Valley Health Network (LVHN) and Universal Health Services (NYSE: UHS) today announce plans to construct a new 144-bed behavioral health hospital. The proposed new joint-venture facility will be located on Macada Road in Hanover Township, Pa., across from the Lehigh Valley Hospital (LVH)-Muhlenberg campus.
2/1/23
KING OF PRUSSIA, Pa. (February 1, 2023) — Universal Health Services, Inc. (NYSE: UHS), one of the nation’s largest and most respected providers of hospital and healthcare services, is pleased to announce it has once again been selected by Fortune as one of the "World's Most Admired Companies" in 2023.
12/5/22
King of Prussia, Pa. (December 5, 2022) — Universal Health Services (NYSE: UHS) is proud to announce that Marc D. Miller, President and CEO, was recognized by Modern Healthcare as one of the 100 Most Influential People in Healthcare of 2022.
11/15/22
Cambridge (November 15, 2022) — General Catalyst, a leading venture capital firm ushering in a new era of patient care through health assurance investments and collaboration, today announced its group of 15 health system partners across the U.S. and U.K.
11/1/22
King of Prussia, Pa. (November 1, 2022) — Universal Health Services, Inc. (NYSE: UHS), announced today that Matt Peterson, Executive Vice President and President, Behavioral Health Division, has been promoted to Brigadier General, Air National Guard (ANG), U.S. Air Force. The official pinning ceremony was held in Minnesota in October.
10/25/22
King of Prussia, Pa. (October 25, 2022) — Universal Health Services, Inc. (NYSE: UHS) has announced the appointment of Edward (Eddie) H. Sim to Executive Vice President and President, Acute Care, succeeding Marvin Pember, who has announced his intention to retire.
10/18/22
Reno, NV (October 18, 2022) — Prominence Health Plan, a subsidiary of Universal Health Services (NYSE: UHS), announces its 2021 Accountable Care Organization (ACO) results with more than $82 million in savings to Medicare and more than $56 million in earnings for its 3,000 participating physicians. This yields nearly $400 million in savings for patients since the establishment of the first UHS ACO in 2014.
10/3/22
KING OF PRUSSIA, Pa., Oct. 3, 2022 — The Universal Health Services Patriot Support Programs provide treatment for active duty military, veterans and their families. Programs and services are specifically designed to address the effects of combat stress, post-traumatic stress, depression, substance use disorder and other behavioral health issues.
9/23/22
KING OF PRUSSIA, Pa., Sept. 23, 2022 — Universal Health Services, Inc. (NYSE: UHS) has announced the election of Nina Chen to its Board of Directors, effective September 21, 2022. This election expands the Board to a total of eight members.
6/14/22
Grand Forks, N.D., June 14, 2022 — Altru Health System and Universal Health Services (NYSE: UHS) have signed a letter of intent to work together in expanding inpatient behavioral health services. The two entities are exploring opportunities for an inpatient behavioral health facility in Grand Forks. The goal for this facility would be to increase the bed capacity that is currently available at Altru and accommodate both adult and pediatric patients.
6/9/22
King of Prussia, PA and Grand Rapids, MI, June 9, 2022 — On Monday, June 6, 2022, the Michigan Department of Health and Human Services (“MDHHS”) issued a Final Order granting Havenwyck Hospital, Inc., a subsidiary of Universal Health Services, certificate of need approval for 60 adult psychiatric beds, allowing Universal Health Services and Trinity Health Michigan, in a joint venture, to open a new freestanding inpatient behavioral health hospital in Byron Center, improving access to care for patients.
6/3/22
KING OF PRUSSIA, Pa., June 3, 2022 — Universal Health Services, Inc. (NYSE: UHS), one of the largest and most respected providers of hospital and healthcare services, is honored to announce it is again ranked on the annual Fortune 500 list — this year at #297.
5/28/22
Washington, D.C., May 28, 2022 — Under the restructured agreement, UHS becomes the sole owner of GW Hospital by purchasing the 20 percent minority interest from GW and a new partnership affiliation is created.
4/13/22
King of Prussia, PA, April 13, 2022 — Universal Health Services (NYSE: UHS), one of the nation’s largest and most respected providers of hospital and healthcare services, has issued its 2021 Annual Report and Environmental, Social and Governance (ESG) Profile, entitled Leading in a Changing World.
3/24/22
Philadelphia, March 24, 2022 — The Philadelphia Orchestra and Kimmel Center, Inc. today announced the renaming of the Merriam Theater as Miller Theater in honor of a significant philanthropic gift from Alan B. Miller, a founding member of the Kimmel Center Board and executive chair of Universal Health Services, Inc.
3/22/22
Phoenix, Arizona, March 22, 2022 — Today, HonorHealth and Universal Health Services, Inc. (NYSE: UHS) officially cut the ribbon on the new 120-bed Via Linda Behavioral Hospital.
3/22/22
King of Prussia, PA and Grand Rapids, MI, March 22, 2022 — On March 17, 2022, an administrative law judge upheld an initial decision by the Michigan Department of Health and Human Services to award CON approval for development of a new behavioral hospital by Universal Health Services (UHS) and Mercy Health.
3/21/22
Reno, NV, Monday, March 21, 2022 — Northern Nevada Health System (NNHS) today hosted a ceremonial ribbon cutting to introduce its second hospital, Northern Nevada Sierra Medical Center (SMC), to local dignitaries.
2/28/22
King of Prussia, PA, February 28, 2022 — Universal Health Services (NYSE: UHS) is pleased to announce that it has received a Gold AVA Digital Award for its Healthcare Heroes Tribute video created in 2020 to honor, thank and recognize the outstanding efforts of its 90,000 employees during COVID-19.
2/17/22
Washington, DC, February 17, 2022 — Today, Mayor Muriel Bowser and Universal Health Services (UHS) along with George Washington University and Children’s National Hospital broke ground on the new Cedar Hill Regional Medical Center, GW Health in Ward 8 at the St. Elizabeths East Campus.
2/7/22
King of Prussia, Pa., February 7, 2022 — Universal Health Services, Inc. (NYSE: UHS), one of the nation’s largest and most respected providers of hospital and healthcare services, is pleased to announce it has once again been selected by Fortune as one of the "World's Most Admired Companies" in 2022.
1/18/22
Philadelphia, Pa., January 18, 2022 — Universal Health Services, Inc. (NYSE: UHS), owner of subsidiary The Valley Health System, which offers an integrated system of care for more than two million people in Southern Nevada, and BAYADA Home Health Care, a leading not-for-profit home health care provider, today launched Valley Health at Home by BAYADA, a joint venture partnership that will further expand integrated care delivery network capabilities into patient homes.
11/3/21
RENO, NV, November 3, 2021 — Prominence Health Plan, a subsidiary of Universal Health Services (NYSE: UHS), reports that in 2020, its seven Accountable Care Organizations (ACOs) combined to save Medicare $84.7 million, resulting in over $50 million in earnings for its 3,000 participating physicians and an average quality score of 98%.
11/1/21
King of Prussia, Pennsylvania, November 1, 2021 — Universal Health Services, Inc. (NYSE: UHS) is pleased to announce that it has entered into a binding agreement for a strategic alignment with Riverside Medical Clinic (RMC) located in Riverside County, California.
9/29/21
Madera, CA, September 29, 2021 — As the need for behavioral healthcare continues to increase in the region, Universal Health Services (NYSE: UHS), in collaboration with partner Valley Children’s Healthcare, celebrated the traditional ‘beam topping’ to mark an important milestone in the construction of this highly anticipated behavioral health facility. The new River Vista Behavioral Health hospital, located at 40886 Goodwin Way in Madera, is on track to open in early 2023.
7/19/21
KING OF PRUSSIA, Pa., July 19, 2021— Universal Health Services, Inc. (NYSE: UHS), one of the largest and most respected providers of hospital and healthcare services, is pleased to announce it is ranked on the Forbes Global 2000, an annual ranking of the top 2,000 public companies in the world by Forbes magazine. The ranking is based on a mix of four metrics: sales, profit, assets and market value. The list has been published since 2003. Of the American companies on the ranking, UHS appears at #307.
6/29/21
Beaumont Health, Universal Health Services Announce Name of New Hospital: Beaumont Behavioral Health
Southfield, MI, June 29, 2021 — Joint venture partners Beaumont Health and Universal Health Services (NYSE: UHS) announced the name of their new behavioral health hospital today: Beaumont Behavioral Health. This new facility is currently under construction and expected to open in the fall.
6/14/21
KING OF PRUSSIA, Pa., June 14, 2021 — Universal Health Services, Inc. (NYSE: UHS), one of the largest and most respected providers of hospital and healthcare services, is honored to announce it is again ranked on the annual Fortune 500 list — this year at #270. The Fortune 500 list ranks corporations in the United States based on total revenue and is an industry standard in ranking America’s largest companies.
3/31/21
Grand Rapids, MI (March 31, 2021) — Havenwyck Hospital, an affiliate of Universal Health Services (NYSE: UHS), was issued a state Certificate of Need (CON) Proposed Decision on March 29, 2021, tentatively approving development of a new inpatient behavioral health hospital with 60 adult inpatient beds. The proposed facility will include space for the development of 24 additional inpatient beds for geriatric psychiatric patients plus space for future expansion.
2/23/21
Cape Girardeau, Mo. (February 23, 2021) — SoutheastHEALTH and Universal Health Services (NYSE: UHS) will hold a celebratory ribbon cutting event today to officially open the new Southeast Behavioral Hospital, a freestanding behavioral health facility located at 639 South Silver Springs Road. The new Southeast Behavioral Hospital will address the growing, unmet need for accessible, high-quality, advanced behavioral health services in the region.
2/22/21
DES MOINES (February 22, 2021) — Clive Behavioral Health, a new 100-bed hospital, opened today in Clive, Iowa. The facility will initially offer inpatient behavioral health services for adults. Clive Behavioral will continue to open units and add further services in a phased approach through 2021. Services for children and adolescents will begin in summer 2021. Clive Behavioral will be the first freestanding behavioral health hospital in central Iowa, and the largest in Iowa overall.
2/16/21
Universal Health Services, Inc. Again Ranked by Fortune Among World’s Most Admired Companies in 2021
KING OF PRUSSIA, PA (February 16, 2021) — Universal Health Services, Inc. (NYSE: UHS), one of the nation’s largest and most respected providers of hospital and healthcare services, is pleased to announce it has once again been selected by Fortune as one of the "World's Most Admired Companies" in 2021.
12/3/2020
RENO, NV (December 3, 2020) — Prominence Health Plan, a subsidiary of Universal Health Services (UHS), announced the 2019 results of its seven UHS Accountable Care Organizations (ACOs) showing a continued trend of increased cost savings and improved quality.
10/29/2020
KING OF PRUSSIA, Pa. (October 29, 2020) — As previously disclosed on September 29, 2020, we experienced an information technology security incident in the early morning hours of September 27, 2020. As a result of this cyberattack, we suspended user access to our information technology applications related to operations located in the United States. While our information technology applications were offline, patient care was delivered safely and effectively at our facilities across the country utilizing established back-up processes, including offline documentation methods.
10/19/2020
KING OF PRUSSIA, Pa. (October 19, 2020) — Universal Health Services, Inc. (NYSE: UHS), is pleased to announce that Mark Friedlander, MD, MBA, has joined the organization as Chief Medical Officer (CMO) for the Behavioral Health Division. A board-certified and practicing psychiatrist, Friedlander will contribute an integral perspective in setting the medical strategy of UHS’ behavioral health facilities including thought leadership, oversight of medical staff across the network and utilization management.
9/29/2020
KING OF PRUSSIA, Pa., Sept. 29, 2020 /PRNewswire/ — Universal Health Services, Inc. (NYSE: UHS) experienced an information technology security incident in the early morning hours of September 27, 2020. As a result, the Company suspended user access to its information technology applications related to operations located in the United States.
9/23/2020
Temple, Texas (September 23, 2020) — Canyon Creek Behavioral Health, a brand new facility providing high-quality and advanced behavioral health services will open this Fall to address the growing unmet need in the region and across the state. The facility will initially begin offering services for adults and will continue to open units and add further services in a phased approach through early 2021.
9/21/2020
King of Prussia, PA and Cambridge, MA (September 21, 2020) — Universal Health Services (UHS) and Eleos Health, a digital technology company that provides evidence-based solutions in the behavioral health space, today announce a pilot implementation of new clinical decision-support software.
9/17/2020
MILWAUKEE (Sept. 17, 2020) — Universal Health Services (NYSE: UHS) continues construction on its new $33 million, 120-bed Granite Hills Hospital, located at 1706 S. 68th Street as local and national demands increase for mental health services.
9/8/2020
KING OF PRUSSIA, Pa., Sept. 8, 2020 — Universal Health Services, Inc. (NYSE:UHS) announced today that consistent with our longstanding succession plan, Alan B. Miller, Founder, Chairman and Chief Executive Officer of Universal Health Services, Inc., will step down as Chief Executive Officer of the company and transition leadership to Marc D. Miller, who currently serves as President.
7/24/2020
King of Prussia, PA, July 24, 2020 — Universal Health Services, Inc. (NYSE: UHS), one of the nation’s largest and most respected providers of hospital and healthcare services, commissioned a national survey assessing and quantifying Americans’ views and perceptions on mental health amidst COVID-19.
7/20/2020
West Allis, Wis. (July 20, 2020) — Universal Health Services (NYSE: UHS) announces the name of the new behavioral health hospital located at 1706 S. 68th Street currently under construction. The name of the facility will be Granite Hills Hospital and is expected to open in Summer 2021.
7/16/2020
King of Prussia, PA and Moorestown, NJ, July 16, 2020 — Universal Health Services, Inc. (NYSE: UHS) and BAYADA Home Health Care (BAYADA) announced today the signing of a definitive agreement to form a strategic partnership. The new joint venture entity will establish and operate Home Health Care services, providing patients with high-quality in-home care services including those to help them recover from an illness, injury or recent hospitalization.
5/26/2020
King of Prussia, PA, May 26, 2020 — Universal Health Services (NYSE: UHS) partnered with Premier Inc, a leading healthcare improvement company, to acquire a minority stake in Prestige Ameritech, the largest domestic manufacturer of face masks, including N95 respirators and surgical masks.
5/18/2020
KING OF PRUSSIA, Pa., May 18, 2020 — Universal Health Services, Inc. (NYSE: UHS), one of the nation's largest and most respected hospital management companies, is pleased to announce it is again ranked on the annual Fortune 500 list — this year at #281. The Fortune 500 list ranks corporations in the United States based on total revenue and is an industry standard in ranking America’s largest companies.
5/13/2020
Austin, TX, May 13, 2020 — As the number of COVID-19 cases begins to flatten across the country, many experts are speculating about a second wave of illness that will stress the health systems this fall as the country enters into the normal flu season. However, other experts are warning of a second wave of medical crisis caused by COVID-19 that is happening now and strengthening quickly: the behavioral health surge.
4/28/2020
April 28, 2020 — WASHINGTON, D.C. — Recognizing the significant impact of the COVID-19 pandemic on the country’s mental health and well-being, the National Action Alliance for Suicide Prevention (Action Alliance), which serves as the nation’s public and private partnership for suicide prevention, is launching the Mental Health & Suicide Prevention National Response to COVID-19 (National Response).
3/31/2020
March 31, 2020 — Universal Health Services, Inc. (NYSE: UHS), one of the most respected providers of hospital and healthcare services, is pleased to announce its participation in the MIT COVID-19 Challenge, a virtual 48-hour hackathon scheduled for this coming weekend April 3-5, 2020.
3/30/2020
March 30, 2020 — Universal Health Services, Inc. (NYSE: UHS), announced today that Thomas M. Day joined the organization on March 30, 2020, as Senior Vice President, Finance for the Behavioral Health Division. In this role, Mr. Day will oversee the financial strategy, operations and growth of the division.
3/1/2020
March 1, 2020 — Universal Health Services, Inc. (NYSE: UHS) has announced that Maria Singer has been elected to its Board of Directors, effective March 1, 2020. Singer succeeds Robert Hotz, who has been a highly valued Board member since 1991.
1/28/2020
Universal Health Services, Inc. Again Ranked by Fortune Among World’s Most Admired Companies in 2020
January 28, 2020 — Universal Health Services, Inc. (NYSE: UHS), one of the nation’s largest and most respected providers of hospital and healthcare services, is pleased to announce it has once again been selected by Fortune as one of the "World's Most Admired Companies" in 2020.
1/28/2020
January 28, 2020 — Today, HonorHealth and Universal Health Services, Inc. (NYSE: UHS) officially broke ground to begin construction of a new 120-bed behavioral health facility to be named Via Linda Behavioral Hospital. The new hospital will address the growing need for accessible, high-quality advanced behavioral health services in Phoenix, Scottsdale and the surrounding communities.
1/2/2020
January 2, 2020 — Universal Health Services, Inc. (NYSE: UHS), one of the largest and most respected providers of hospital and healthcare services, offers its support of Governor Tom Wolf’s initiative announced today, ‘Reach Out PA: Your Mental Health Matters,’ aimed at expanding resources and the state’s comprehensive support of mental health and related healthcare priorities in Pennsylvania.
12/17/2019
December 17, 2019 — Universal Health Services, Inc. (NYSE: UHS), one of the nation’s largest and most respected providers of hospital and healthcare services in America, is pleased to announce that Founder, Chairman and CEO Alan B. Miller has been named as the recipient of the esteemed Admiral Charles LeMoyne Distinguished Civilian Award for 2019. Miller was honored during the Ben Franklin Global Forum’s Annual Army Navy Gala on December 13.Universal Health Services, Inc. (NYSE: UHS), one of the nation’s largest and most respected providers of hospital and healthcare services in America, is pleased to announce that Founder, Chairman and CEO Alan B. Miller has been named as the recipient of the esteemed Admiral Charles LeMoyne Distinguished Civilian Award for 2019. Miller was honored during the Ben Franklin Global Forum’s Annual Army Navy Gala on December 13.
12/16/2019
December 16, 2019 — Beaumont Health and Universal Health Services broke ground today on a new mental health hospital in Dearborn. The two organizations formed a joint venture to address the state’s growing, unmet need for accessible, high-quality and advanced mental health services.
11/20/2019
November 20, 2019 — Prominence Health Plan, a subsidiary of Universal Health Services (UHS), announced the 2018 results of its seven UHS Accountable Care Organizations (ACOs) showing a continued trend of increased cost savings and improved quality. In 2018, the ACOs saved Medicare $65.2 million, earning $30 million for its 3,000 participating physicians. Since the establishment of the first UHS ACO in 2014, the entities have saved more than $113M and averaged a 96% quality score.
10/29/2019
October 29, 2019 — Universal Health Services, Inc. (NYSE: UHS) and Regent Surgical Health (Regent) announced today the signing of a definitive agreement to form a national partnership. The new joint venture entity will build and operate Ambulatory Surgery Centers (ASCs), providing patients with convenient access to new high quality outpatient surgical services in served markets, and providing physician practices with more efficient outpatient locations to perform appropriate procedures.
10/23/2019
October 23, 2019 — Today, HonorHealth and Universal Health Services, Inc. (NYSE: UHS) signed a partnership agreement to address the growing, currently unmet need for accessible, high-quality advanced behavioral health services in Phoenix, Scottsdale and the surrounding communities.
09/18/2019
September 18, 2019 — Valley Children’s Healthcare launched a new partnership today to address one of the most significant healthcare needs in the region. Valley Children’s President and CEO Todd Suntrapak announced that Universal Health Services (UHS) will construct and operate a new behavioral health facility on Valley Children’s Madera campus.
08/14/2019
August 14, 2019 /PRNewswire/ — Universal Health Services, Inc. (NYSE: UHS), announced today that Matt Peterson will join the organization on September 18, 2019, as an Executive Vice President of the company and President of its Behavioral Health Division. In this role, Mr. Peterson will lead the strategy, operations and growth of the Behavioral Health Division.
07/17/2019
July 17, 2019 — Universal Health Services (NYSE: UHS) received final approval with a 10-0 vote from the City of West Allis Common Council to build a new, state-of-the-art behavioral health hospital at 1706 S. 68th Street. UHS anticipates breaking ground before the end of the year and opening the facility in 2021.
06/03/2019
June 3, 2019 — Universal Health Services (NYSE: UHS) submitted an offer to the City of West Allis Community Development Authority to purchase the site at 1706 S. 68th St. for a new state-of-the-art behavioral health hospital.
05/29/2019
May 29, 2019 — Universal Health Services, Inc. (NYSE: UHS) and Vera Whole Health (Vera) announced today that they are partnering to add advanced primary care services to UHS’ clinically integrated delivery network, boosting access, improving member experience and generating better health outcomes for all members.
05/22/2019
May 22, 2019 — Universal Health Services, Inc. (NYSE: UHS), one of the largest and most respected hospital management companies, is pleased to announce it is again ranked on the annual Fortune 500 list — this year at #293.
05/02/2019
May 2, 2019 — Today MercyOne Central Iowa and Universal Health Services (NYSE: UHS) held a ceremonial groundbreaking for their new 100-bed behavioral health, serving Central Iowa and the surrounding region. The new facility, named Clive Behavioral Health, is a partnership of MercyOne and UHS to address the growing, unmet need for accessible, high-quality and advanced behavioral health services.
03/12/2019
March 12, 2019 — Universal Health Services, Inc. (NYSE: UHS), one of the nation’s largest and most respected providers of acute and behavioral health services, recently commissioned a national survey assessing Americans’ views and perceptions on mental health conditions, prevalence and treatment barriers.
02/28/2019
February 28, 2019 — SoutheastHEALTH and Universal Health Services (NYSE: UHS) are entering into a partnership to address the growing, unmet need for accessible, high-quality and advanced behavioral health services in Cape Girardeau and the surrounding communities in southeast Missouri.
2/05/2019
Universal Health Services, Inc. Again Ranked by Fortune Among World’s Most Admired Companies in 2019
February 5, 2019 — Universal Health Services, Inc. is pleased to announce it has once again been selected by Fortune as one of the "World's Most Admired Companies" in 2019.
11/05/2018
Southfield, MI — Specialty hospital, psychiatric clinical training and expanded outpatient programs to create environment for full continuum of mental healthcare.
9/13/2018
Titusville, FL — Universal Health Services today announced the opening of Palm Point Behavioral Health, a new 80-bed facility that expands access to inpatient and outpatient mental health treatment across the region.
08/20/2018
August 20, 2018 — Universal Health Services is proud to announce that Founder, CEO and Chairman Alan B. Miller was recognized by Modern Healthcare as one of 2018’s 100 Most Influential People in Healthcare. Alan appears at #63, up from #83 last year. He has appeared on the list for 16 consecutive years.
08/10/2018
August 10, 2018 — Mayor Muriel Bowser today announced that her Administration and the George Washington University Hospital have signed a Letter of Intent to improve access to high quality healthcare services for Washingtonians. Together, the partners will develop a new acute care community hospital and health services complex, to be managed and operated by GW Hospital and fully integrated and aligned with the GW Hospital network of care and its affiliated faculty practice plan.
07/31/2018
July 31, 2018 — Universal Health Services, Inc. announced today that, through its UK subsidiary Cygnet Health Care, it has acquired The Danshell Group. Danshell owns and operates 25 facilities with a total of 288 beds in the United Kingdom.
06/28/2018
June 28, 2018 — Jayne Van Bramer, CEO of Lancaster Behavioral Health Hospital, today announced the opening of the new behavioral health facility, greatly expanding access to inpatient and outpatient mental health treatment across the region.
05/24/2018
May 2018 — Universal Health Services, Inc. (NYSE: UHS), one of the largest providers of acute and behavioral healthcare in America, is pleased to announce it has again elevated its ranking on the Fortune 500 list.
05/04/2018
May 4, 2018 — Ongoing national effort raises awareness and compassion around mental health.
02/27/2018
Universal Health Services, Inc. Again Ranked by Fortune Among World’s Most Admired Companies in 2018
February 27, 2018 — Universal Health Services, Inc. is pleased to announce it has once again been selected by Fortune as one of the "World's Most Admired Companies" in 2018.
Financial News
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