Universal Health Services
Universal Health Services, Inc. (NYSE: UHS) is a Fortune 500 company based in King of Prussia, Pennsylvania. UHS company is one of the largest hospital management companies in the nation, operating through its subsidiaries acute care hospitals, behavioral health facilities and ambulatory centers.
Universal Health Services, Inc. is engaged in owning and operating, through its subsidiaries, acute-care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. As of February 28, 2008, the Company owned and/or operated, or had under construction, 31 acute-care hospitals and 113 behavioral health centers located in 32 states, Washington, DC and Puerto Rico. As part of its ambulatory treatment centers division, the Company manages and/or owns outright or in partnerships with physicians, 11 surgical hospitals and surgery and radiation oncology centers located in six states and Puerto Rico. Services provided by its hospitals include general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services and behavioral health services.
Acquisition of Psychiatric Solutions
On May 17, 2010 it was reported that UHS was finalized a deal to acquire behavioral hospital empire Psychiatric Solutions. PSI is currently under investigation by the Justice Department and has had several of its facilities shut down or put under an admissions moratorium by their local governing jurisdictions.
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