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.
In addition to his civilian business career, Mr. Peterson has served for over 25 years with the ANG as a Healthcare Executive/Medical Service Corps Officer, and has held numerous leadership roles in Operations, Strategy, Policy, Global Health/International Affairs and Command. In his new role as Brigadier General, he acts as the Air National Guard Assistant to the Deputy Surgeon General of the United States Air Force. During his military career to date, he has deployed seven times in support of contingency operations and has significant experience running complex healthcare operations on five continents.
"Having Matt’s deep experience in strategic military operations, managed care and health services innovation provides a powerful perspective to our growing company," said Marc D. Miller, President & CEO, UHS. "Matt brings a high level of complex operational expertise to our organization, and we look forward to his continued future-oriented leadership both here at UHS and in service to our country."
Mr. Peterson joined UHS in 2019 and currently oversees strategy, operations and growth of the company’s US- and UK-based behavioral health networks of services.
Mr. Peterson is a Fellow of the American College of Healthcare Executives (FACHE), a Fellow of the Healthcare Management Association (FHFMA) and currently serves as Board Chair for the National Association for Behavioral Health (NABH) for 2022. He earned his BBA in Financial Management from the University of North Dakota; his MBA in Finance from University of St. Thomas - Minneapolis; and his MHA in Healthcare Administration from the University of Minnesota. A native of Bozeman, Montana, Mr. Peterson spent 30+ years in Minnesota; and currently resides in the Philadelphia region.
About Universal Health Services
One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. has built an impressive record of achievement and performance. Growing steadily since our inception into an esteemed Fortune 500 corporation, our annual revenues during 2021 were approximately $12.6 billion. In 2022, UHS was again recognized as one of the World’s Most Admired Companies by Fortune; ranked #297 on the Fortune 500; and in 2021, ranked #307 on Forbes’ list of America’s Largest Public Companies.
Our operating philosophy is as effective today as it was upon the Company’s founding in 1979, enabling us to provide compassionate care to our patients and their loved ones. Our strategy includes building or acquiring high quality 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 over 89,000 employees and through its subsidiaries operates 28 acute care hospitals, 331 behavioral health facilities, 41 outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located in 39 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).