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Universal Health Services: Aging Population, Rising Healthcare Costs Won't Be A Problem 'If The Economy Picks Up'
Friday, July 31, 2015 - 2:17pm | 375Healthcare provider Universal Health Services, Inc. (NYSE: UHS) reported strong second-quarter results on Thursday. Both EPS of $1.85 (adjusted for non-reoccurring costs) and revenue of $2.28 came significantly above Wall Street's expectations of EPS of $1.65 on revenue of $2.18 billion. Alan...
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Universal Health CEO On The Inverse Relationship Between Insurance Holders And Bad Debt
Friday, May 15, 2015 - 2:20pm | 338Shares of Universal Health Services, Inc. (NYSE: UHS) are up over 40 percent year-to-date and are trading near lifetime highs. The company recently came out with better-than-expected Q1 results. Universal Health Services CEO Alan Miller was on CNBC Friday to discuss the changes that the health...
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Universal Health Services CEO Alan Miller Goes Over The Medical Care Slowdown (UHS)
Friday, July 26, 2013 - 1:10pm | 223People are visiting doctors and hospitals less. Chairman and CEO Alan Miller of Universal Health Services (NYSE: UHS) appeared on CNBC's Squawk Box on Friday to talk about the industry, including the slowdown in medical care utilization. "A lot of it has to do with the economy. A lot of people...
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UHS To Buy PSYS For $33.75 A Share
Monday, May 17, 2010 - 6:59am | 201The hospital operator Universal Health Services (NYSE: UHS) has today announced the acquisition of the mental-health facilities operator Psychiatric Solutions (NASDAQ: PSYS) for $2 billion. Under the terms, UHS will pay $33.75 a share in cash, apart from assuming about $1 billion of PSYS' debt,...