KING OF PRUSSIA, Pa., 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.
Singer serves as the Chief Operating Officer - Corporate Finance of Houlihan Lokey, a leading global investment bank and trusted financial advisor with expertise in mergers and acquisitions, capital markets, financial restructuring and valuation. Singer manages day-to-day operations of the Corporate Finance business globally including 10 industry groups, 15 offices, 110 Managing Directors and over 500 employees. She has held this role since 2015.
Prior to that, Singer served as Managing Director and COO of Blackstone Advisory Partners, where she managed the daily operations of the M&A Group including 10 offices globally and 175 employees. Singer has also held senior level roles at Lehman Brothers Inc., Goldman Sachs & Co., and Wasserstein Perella & Co. Inc.
“Maria’s extensive experience in global financial markets and M&A will provide valuable perspective and leadership that supports our continued growth in hospital and healthcare services,” said Alan B. Miller, Founder, Chairman and CEO, UHS. “Harvard-educated, she brings both high personal credibility and a strong track record of leadership. Maria is an excellent addition to the UHS Board, and we look forward to her guidance.”
Singer earned her MBA degree from the Harvard Business School and her Bachelor of Arts degree in Economics with minor in Government (magna cum laude) from Dartmouth College.
About Universal Health Services, Inc.
One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (UHS) has built an impressive record of achievement and performance. Growing steadily since our inception into an esteemed Fortune 500 corporation, annual revenues were $11.4 billion for 2019. In 2020, UHS was again recognized as one of the World’s Most Admired Companies by Fortune; ranked #281 on the Fortune 500; and listed #330 in Forbes ranking of U.S.’ Largest Public Companies.
Our operating philosophy is as effective today as it was 40 years ago, enabling us to provide high-quality care to our patients and their loved ones. Our strategy includes building or acquiring hospitals in rapidly growing markets, investing in the people and equipment needed to allow each facility to thrive, and becoming the leading healthcare provider in each community we serve.
Headquartered in King of Prussia, PA, UHS has 90,000 employees and through its subsidiaries operates 26 acute care hospitals, 328 behavioral health facilities, 42 outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located in 37 U.S. states, Washington, D.C., Puerto Rico and the United Kingdom. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE:UHT).