UNIVERSAL HEALTH SERVICES, INC. ANNOUNCES 2024 THIRD QUARTER FINANCIAL RESULTS

PR Newswire10-25

Consolidated Results of Operations, As Reported and As Adjusted – Three-month periods ended September 30, 2024 and 2023: KING OF PRUSSIA, Penn., Oct. 24, 2024 /PRNewswire/ -- Universal Health ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2478936796?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/5Yc1X_gqTXievZoNjcWhbA--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/201d3ae09701aba414964df4b303da97","is_english":true,"pubTime":"2024-10-25 04:16","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2478936796","market":"us","top_or_hot":-1,"title":"UNIVERSAL HEALTH SERVICES, INC. ANNOUNCES 2024 THIRD QUARTER FINANCIAL RESULTS","media":"PR Newswire","content":"<div>\n<p>Consolidated Results of Operations, As Reported and As Adjusted  – Three-month periods ended September 30, 2024 and 2023:\nKING OF PRUSSIA, Penn., Oct. 24, 2024 /PRNewswire/ -- Universal Health ...</p>\n\n<a href=\"https://finance.yahoo.com/news/universal-health-services-inc-announces-201600217.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UNIVERSAL HEALTH SERVICES, INC. ANNOUNCES 2024 THIRD QUARTER FINANCIAL RESULTS</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUNIVERSAL HEALTH SERVICES, INC. ANNOUNCES 2024 THIRD QUARTER FINANCIAL RESULTS\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-25 04:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/universal-health-services-inc-announces-201600217.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Consolidated Results of Operations, As Reported and As Adjusted  – Three-month periods ended September 30, 2024 and 2023:\nKING OF PRUSSIA, Penn., Oct. 24, 2024 /PRNewswire/ -- Universal Health ...</p>\n\n<a href=\"https://finance.yahoo.com/news/universal-health-services-inc-announces-201600217.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UHT","symbol_name":"Universal Health Realty Income T","start_time":0,"source_url":"https://finance.yahoo.com/news/universal-health-services-inc-announces-201600217.html","article_id":"2478936796","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5Yc1X_gqTXievZoNjcWhbA--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/201d3ae09701aba414964df4b303da97"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/universal-health-services-inc-announces-201600217.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2478936796","pubTimestamp":1729800960,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Consolidated Results of Operations, As Reported and As Adjusted – Three-month periods ended September 30, 2024 and 2023:. KING OF PRUSSIA, Penn., Oct. 24, 2024 /PRNewswire/ -- Universal Health Services, Inc.  announced today that its reported net income attributable to UHS was $258.7 million, or $3.80 per diluted share, during the third quarter of 2024, as compared to $167.0 million, or $2.40 per diluted share, during the third quarter of 2023. Net revenues increased by 11.2% to $3.963 billion during the third quarter of 2024, as compared to $3.563 billion during the third quarter of 2023.As reflected on the Schedule of Non-GAAP Supplemental Information , our adjusted net income attributable to UHS during the third quarter of 2024 was $252.5 million, or $3.71 per diluted share, as compared to $177.5 million, or $2.55 per diluted share, during the third quarter of 2023.Reported net income attributable to UHS was $809.7 million, or $11.88 per diluted share, during the first nine months o","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"UHT":"Universal Health Realty Income T","BK4203":"医疗保健房地产投资信托","BK4588":"碎股","BK4185":"保健护理机构","INC":"VANECK DYNAMIC HIGH INCOME ETF","BK4225":"医疗保健房地产信托","UHS":"Universal Health Services Inc Cl","BK4585":"ETF&股票定投概念"},"translate_title":"全民健康服务公司。公布2024年第三季度财务业绩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"INC":1,"UHS":1,"UHT":1},"content_text":"Consolidated Results of Operations, As Reported and As Adjusted  – Three-month periods ended September 30, 2024 and 2023:\nKING OF PRUSSIA, Penn., Oct. 24, 2024 /PRNewswire/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that its reported net income attributable to UHS was $258.7 million, or $3.80 per diluted share, during the third quarter of 2024, as compared to $167.0 million, or $2.40 per diluted share, during the third quarter of 2023. Net revenues increased by 11.2% to $3.963 billion during the third quarter of 2024, as compared to $3.563 billion during the third quarter of 2023.\nAs reflected on the Schedule of Non-GAAP Supplemental Information (\"Supplemental Schedule\"), our adjusted net income attributable to UHS during the third quarter of 2024 was $252.5 million, or $3.71 per diluted share, as compared to $177.5 million, or $2.55 per diluted share, during the third quarter of 2023. \nAs reflected on the Supplemental Schedule, included in our reported results during the third quarter of 2024 were: (i) an unrealized after-tax gain of $2.3 million, or $.03 per diluted share ($3.0 million pre-tax), resulting from an increase in the market value of certain equity securities (included in \"Other (income) expense, net\"), and; (ii) a favorable net after-tax impact of $3.9 million, or $.06 per diluted share, resulting from the net tax benefit recorded pursuant to \"ASU 2016-09\", Compensation – Stock Compensation: Improvements to Employee Share-Based Payment Accounting, net of the impact of executive compensation limitations pursuant to IRC section 162(m).   \nAs reflected on the Supplemental Schedule, included in our reported results during the third quarter of 2023, was an after-tax loss of $10.5 million, or $.15 per diluted share ($13.8 million pre-tax), resulting from a decrease in the market value of certain equity securities. \nAs calculated on the attached Supplemental Schedule, our earnings before interest, taxes, depreciation & amortization (\"EBITDA net of NCI\", NCI is net income attributable to noncontrolling interests), was $528.6 million, or 13.3% of net revenues, during the third quarter of 2024, as compared to $410.1 million, or 11.5% of net revenues, during the third quarter of 2023. Our adjusted earnings before interest, taxes, depreciation & amortization (\"Adjusted EBITDA net of NCI\"), which excludes the impact of other (income) expense, net, was $526.5 million, or 13.3% of net revenues, during the third quarter of 2024, as compared to $421.5 million, or 11.8% of net revenues, during the third quarter of 2023.\nConsolidated Results of Operations, As Reported and As Adjusted  – Nine-month periods ended September 30, 2024 and 2023:\nReported net income attributable to UHS was $809.7 million, or $11.88 per diluted share, during the first nine months of 2024, as compared to $501.4 million, or $7.09 per diluted share, during the first nine months 2023. Net revenues increased by 10.7% to $11.714 billion during the first nine months of 2024, as compared to $10.578 billion during the comparable period of 2023.\nAs reflected on the Supplemental Schedule, our adjusted net income attributable to UHS during the first nine months of 2024 was $798.2 million, or $11.71 per diluted share, as compared to $524.5 million, or $7.42 per diluted share, during the comparable period of 2023. \nAs reflected on the Supplemental Schedule, included in our reported results during the first nine months of 2024 were: (i) an unrealized after-tax loss of $4.0 million, or $.06 per diluted share ($5.3 million pre-tax), resulting from a decrease in the market value of certain equity securities (included in \"Other (income) expense, net\"), and; (ii) a favorable net after-tax impact of $15.5 million, or $.23 per diluted share, resulting from the above-mentioned net tax benefit recorded in connection with ASU 2016-09, net of the impact of executive compensation limitations pursuant to IRC section 162(m).     \nAs reflected on the Supplemental Schedule, our reported results during the first nine months of 2023, included an unrealized after-tax loss of $23.0 million, or $.33 per diluted share, ($30.1 million pre-tax) resulting from a decrease in the market value of certain equity securities.   \nAs calculated on the attached Supplemental Schedule, our EBITDA net of NCI, was $1.628 billion, or 13.9% of net revenues, during the first nine months of 2024, as compared to $1.237 billion, or 11.7% of net revenues, during the first nine months of 2023. Our Adjusted EBITDA net of NCI, which excludes the impact of other (income) expense, net, was $1.631 billion, or 13.9% of net revenues, during the first nine months of 2024, as compared to $1.268 billion, or 12.0% of net revenues, during the comparable period of 2023.\nAcute Care Services – Three and nine-month periods ended September 30, 2024 and 2023:\nDuring the third quarter of 2024, at our acute care hospitals owned during both periods (\"same facility basis\"), adjusted admissions (adjusted for outpatient activity) increased by 1.5% while adjusted patient days increased by 2.0%, as compared to the third quarter of 2023. At these facilities, during the third quarter of 2024, net revenue per adjusted admission increased by 7.0% while net revenue per adjusted patient day increased by 6.5%, as compared to the third quarter of 2023. Net revenues generated from our acute care services, on a same facility basis, increased by 9.2% during the third quarter of 2024, as compared to the third quarter of 2023.\nDuring the nine-month period ended September 30, 2024, at our acute care hospitals on a same facility basis, adjusted admissions increased by 3.1% while adjusted patient days increased by 2.3%, as compared to the first nine months of 2023. At these facilities, during the first nine months of 2024, net revenue per adjusted admission increased by 5.0% while net revenue per adjusted patient day increased by 5.8%, as compared to the first nine months of 2023. Net revenues generated from our acute care services, on a same facility basis, increased by 8.5% during the first nine months of 2024, as compared to the comparable period of 2023.\nBehavioral Health Care Services – Three and nine-month periods ended September 30, 2024 and 2023:\nDuring the third quarter of 2024, at our behavioral health care facilities on a same facility basis, adjusted admissions increased by 2.2% while adjusted patient days increased by 1.8%, as compared to the third quarter of 2023. At these facilities, during the third quarter of 2024, net revenue per adjusted admission increased by 8.0% and net revenue per adjusted patient day increased by 8.5%, as compared to the third quarter of 2023. Net revenues generated from our behavioral health care services, on a same facility basis, increased by 10.5% during the third quarter of 2024, as compared to the third quarter of 2023.\nDuring the nine-month period ended September 30, 2024, at our behavioral health care facilities on a same facility basis, adjusted admissions increased by 0.3% while adjusted patient days increased by 1.7%, as compared to the first nine months of 2023. At these facilities, during the first nine months of 2024, net revenue per adjusted admission increased by 10.1% and net revenue per adjusted patient day increased by 8.7%, as compared to the first nine months of 2023. Net revenues generated from our behavioral health care services, on a same facility basis, increased by 10.6% during the first nine months of 2024, as compared to the comparable period of 2023.\nNet Cash Provided by Operating Activities and Liquidity:\nNet Cash Provided by Operating Activities:\nDuring the nine-month period ended September 30, 2024, our net cash provided by operating activities was $1.409 billion as compared to $815 million during the first nine months of 2023. The $593 million net increase in our net cash provided by operating activities consisted of: (i) a favorable change of $353 million resulting from an increase in net income plus/minus depreciation and amortization expense, stock-based compensation expense, gains on sales of assets and businesses and costs related to extinguishment of debt; (ii) a favorable change of $205 million in accounts receivable; (iii) a favorable change of $66 million in other working capital accounts; (iv) an unfavorable change of $55 million in other assets and deferred charges, and; (v) $24 million of other combined net favorable changes.     \nLiquidity:\nAs previously disclosed on Form 8-K on October 1, 2024, in September, 2024, we completed the following financing transactions:\n\npublic offering of $500 million aggregate principal amount of 4.625% senior secured notes due in 2029;\npublic offering of $500 million aggregate principal amount of 5.050% senior secured notes due in 2034;\namended our credit agreement to:\n   \nextend the maturity date to September, 2029 (from August, 2026 previously),\nincrease the revolving credit facility to $1.3 billion (from $1.2 billion previously), and;\nreduce the outstanding borrowings pursuant the tranche A term loan facility by approximately $1.0 billion, to $1.2 billion, utilizing the proceeds generated from the issuance of the above-mentioned senior secured notes due in 2029 and 2034.\n\n\nAs of September 30, 2024, we had $1.01 billion of aggregate available borrowing capacity pursuant to our $1.3 billion revolving credit facility, net of outstanding borrowings and letters of credit.       \nStock Repurchase Program:\nIn July, 2024, our Board of Directors authorized a $1.0 billion increase to our stock repurchase program. Pursuant to this program, shares of our Class B Common Stock may be repurchased, from time to time as conditions allow, on the open market or in negotiated private transactions. \nDuring the third quarter of 2024, we have repurchased 658,000 shares at an aggregate cost of approximately $153.9 million (approximately $234 per share) pursuant to the program. During the first nine months of 2024, we have repurchased 1.731 million shares at an aggregate cost of approximately $348.9 million (approximately $202 per share) pursuant to the program.\nAs of September 30, 2024, we had an aggregate available repurchase authorization of approximately $1.074 billion.\nConference call information:\nWe will hold a conference call for investors and analysts at 9:00 a.m. eastern time on October 25, 2024.  A live webcast of the call will be available on our website at www.uhs.com. To participate via telephone, please register in advance at this link.  \nUpon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that can be used to access the call. A replay of the call will be available for one full year following the live call.\nGeneral Information, Forward-Looking Statements and Risk Factors and Non-GAAP Financial Measures:\nOne of the nation's largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (the \"Company\") has built an impressive record of achievement and performance. Growing steadily since our inception into an esteemed Fortune 500 corporation, our annual revenues during 2023 were $14.282 billion. UHS ranked #299 on the Fortune 500; and #399 on Forbes' list of America's Largest Public Companies. UHS was again recognized as one of the World's Most Admired Companies by Fortune.  \nOur 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.\nHeadquartered in King of Prussia, PA, UHS has approximately 96,700 employees and, through its subsidiaries, operates 27 inpatient acute care hospitals, 334 inpatient behavioral health facilities, 49 outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located in 39 states, Washington, D.C., the United Kingdom and Puerto Rico. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE:UHT).  For additional information visit www.uhs.com.\nThis press release contains forward-looking statements based on current management expectations.  Numerous factors, including those disclosed herein, those related to healthcare industry trends and those detailed in our filings with the Securities and Exchange Commission (as set forth in Item 2-Forward Looking Statements and Risk Factors in our Form 10-Q for the quarter ended June 30, 2024 and in Item 1A-Risk Factors, and Item 7-Forward-Looking Statements and Risk Factors, in our Form 10-K for the year ended December 31, 2023), may cause the results to differ materially from those anticipated in the forward-looking statements.  These statements are subject to risks and uncertainties and therefore actual results may differ materially.  Readers should not place undue reliance on such forward-looking statements which reflect management's view only as of the date hereof.  We undertake no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. \nMany of the factors that could affect our future results are beyond our control or ability to predict, including, but not limited to:  \n\nA significant portion of our revenues are derived from federal and state government programs including the Medicare and Medicaid programs. Payments from these programs are subject to statutory and regulatory changes, administrative rulings, interpretations and determinations, requirements for utilization review, and federal and state funding restrictions. Changes to these programs, if adopted, could materially affect program payments which could materially impact our results of operations.\nThe increase in interest rates has substantially increased our borrowings costs and reduced our ability to access the capital markets on favorable terms. Additional increases in interest rates could have a significant unfavorable impact on our future results of operations and the resulting effect on the capital markets could adversely affect our ability to carry out our strategy.\nThe outcome of known and unknown litigation, liabilities and other claims asserted against us and/or our subsidiaries, including, but not limited to, the matters related to Cumberland Hospital for Children and Adolescents, located in New Kent, Virginia, as previously disclosed on Form 8-K on September 30, 2024, and the matter related to the Pavilion Behavioral Health System, located in Champaign, Illinois, as previously disclosed on Forms 8-K on April 1, 2024, September 30, 2024 and October 11, 2024, and Forms 10-Q for the quarterly periods ended March 31, 2024 and June 30, 2024. Although we can make no assurances regarding the ultimate outcome of these matters, or what damages will ultimately be awarded, the final resolution of these matters could have a material adverse effect on the Company.\n\nWe believe that adjusted net income attributable to UHS, adjusted net income attributable to UHS per diluted share, EBITDA net of NCI and Adjusted EBITDA net of NCI, which are non-GAAP financial measures (\"GAAP\" is Generally Accepted Accounting Principles in the United States of America), are helpful to our investors as measures of our operating performance. In addition, we believe that, when applicable, comparing and discussing our financial results based on these measures, as calculated, is helpful to our investors since it neutralizes the effect of material items impacting our net income attributable to UHS, such as, changes in the market value of shares of certain equity securities, the impact of ASU 2016-09 and other potential material items that are nonrecurring or non-operational in nature including, but not limited to, impairments of goodwill, long-lived and intangible assets, reserves for various matters including settlements, legal judgments and lawsuits, costs related to extinguishment of debt, gains/losses on sales of assets and businesses, potential impacts of non-ordinary acquisitions, divestitures, joint ventures or other strategic transactions, and other amounts that may be reflected in the current or prior year financial statements that relate to prior periods. To obtain a complete understanding of our financial performance these measures should be examined in connection with net income attributable to UHS, as determined in accordance with GAAP, and as presented in the condensed consolidated financial statements and notes thereto in this report or in our other filings with the Securities and Exchange Commission including our Report on Form 10-Q for the quarter ended June 30, 2024 and our Report on Form 10-K for the year ended December 31, 2023. Since the items included or excluded from these measures are significant components in understanding and assessing financial performance under GAAP, these measures should not be considered to be alternatives to net income as a measure of our operating performance or profitability. Since these measures, as presented, are not determined in accordance with GAAP and are thus susceptible to varying calculations, they may not be comparable to other similarly titled measures of other companies. Investors are encouraged to use GAAP measures when evaluating our financial performance.\n\n\n\n\nUniversal Health Services, Inc. \n\n\nConsolidated Statements of Income \n\n\n(in thousands, except per share amounts) \n\n\n(unaudited) \n\n\n\n\n\n\n\n\n\n\n\n\n\nThree months \n\nNine months \n\n\n\nended September 30, \n\nended September 30, \n\n\n\n2024 \n\n2023 \n\n2024 \n\n2023 \n\n\n\n\n\n\n\n\n\n\n\n\nNet revenues \n$3,963,027 \n\n$3,562,774 \n\n$11,714,213 \n\n$10,578,430 \n\n\n\n\n\n\n\n\n\n\n\n\nOperating charges: \n\n\n\n\n\n\n\n\n\n   Salaries, wages and benefits \n1,912,308 \n\n1,784,870 \n\n5,611,304 \n\n5,308,476 \n\n\n   Other operating expenses \n1,090,197 \n\n941,219 \n\n3,165,483 \n\n2,758,484 \n\n\n   Supplies expense \n390,250 \n\n378,667 \n\n1,181,886 \n\n1,138,950 \n\n\n   Depreciation and amortization \n149,567 \n\n137,195 \n\n438,050 \n\n422,560 \n\n\n   Lease and rental expense \n36,540 \n\n35,466 \n\n108,165 \n\n105,775 \n\n\n\n3,578,862 \n\n3,277,417 \n\n10,504,888 \n\n9,734,245 \n\n\n\n\n\n\n\n\n\n\n\n\nIncome from operations \n384,165 \n\n285,357 \n\n1,209,325 \n\n844,185 \n\n\n\n\n\n\n\n\n\n\n\n\nInterest expense, net \n44,660 \n\n53,378 \n\n146,385 \n\n153,085 \n\n\nOther (income) expense, net \n(2,028) \n\n11,472 \n\n3,315 \n\n31,797 \n\n\n\n\n\n\n\n\n\n\n\n\nIncome before income taxes \n341,533 \n\n220,507 \n\n1,059,625 \n\n659,303 \n\n\n\n\n\n\n\n\n\n\n\n\nProvision for income taxes \n75,623 \n\n52,499 \n\n233,563 \n\n159,618 \n\n\n\n\n\n\n\n\n\n\n\n\nNet income \n265,910 \n\n168,008 \n\n826,062 \n\n499,685 \n\n\n\n\n\n\n\n\n\n\n\n\nLess:  Net income (loss) attributable to \n\n\n\n\n\n\n\n\n\nnoncontrolling interests (\"NCI\") \n7,196 \n\n1,019 \n\n16,362 \n\n(1,732) \n\n\n\n\n\n\n\n\n\n\n\n\nNet income attributable to UHS \n$258,714 \n\n$166,989 \n\n$809,700 \n\n$501,417 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBasic earnings per share attributable to UHS (a) \n$3.89 \n\n$2.42 \n\n$12.11 \n\n$7.18 \n\n\n\n\n\n\n\n\n\n\n\n\nDiluted earnings per share attributable to UHS (a) \n$3.80 \n\n$2.40 \n\n$11.88 \n\n$7.09 \n\n\n\n\n\n\n\n\nUniversal Health Services, Inc. \n\n\nFootnotes to Consolidated Statements of Income \n\n\n(in thousands, except per share amounts) \n\n\n(unaudited) \n\n\n\n\n\n\n\n\n\n\n\n\n\nThree months \n\nNine months \n\n\n(a) Earnings per share calculation: \nended September 30, \n\nended September 30, \n\n\n\n2024 \n\n2023 \n\n2024 \n\n2023 \n\n\nBasic and diluted: \n\n\n\n\n\n\n\n\n\nNet income attributable to UHS \n$258,714 \n\n$166,989 \n\n$809,700 \n\n$501,417 \n\n\nLess: Net income attributable to unvested restricted share grants \n0 \n\n(52) \n\n(50) \n\n(242) \n\n\nNet income attributable to UHS - basic and diluted \n$258,714 \n\n$166,937 \n\n$809,650 \n\n$501,175 \n\n\n\n\n\n\n\n\n\n\n\n\nWeighted average number of common shares - basic \n66,537 \n\n68,867 \n\n66,873 \n\n69,825 \n\n\n\n\n\n\n\n\n\n\n\n\nBasic earnings per share attributable to UHS: \n$3.89 \n\n$2.42 \n\n$12.11 \n\n$7.18 \n\n\n\n\n\n\n\n\n\n\n\n\nWeighted average number of common shares \n66,537 \n\n68,867 \n\n66,873 \n\n69,825 \n\n\nAdd: Other share equivalents \n1,571 \n\n757 \n\n1,297 \n\n825 \n\n\nWeighted average number of common shares and equiv. - diluted \n68,108 \n\n69,624 \n\n68,170 \n\n70,650 \n\n\n\n\n\n\n\n\n\n\n\n\nDiluted earnings per share attributable to UHS: \n$3.80 \n\n$2.40 \n\n$11.88 \n\n$7.09 \n\n\n\n\n\n\n\n\nUniversal Health Services, Inc. \n\n\nSchedule of Non-GAAP Supplemental Information (\"Supplemental Schedule\") \n\n\nFor the Three Months ended September 30, 2024 and 2023 \n\n\n(in thousands, except per share amounts) \n\n\n(unaudited) \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCalculation of Earnings/Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (\"EBITDA/Adjusted EBITDA net of NCI\") \n\n\n\n\n\n\n\n\n\n\n\n\n\nThree months ended \n\n% Net \n\nThree months ended \n\n% Net \n\n\n\nSeptember 30, 2024 \n\nrevenues \n\nSeptember 30, 2023 \n\nrevenues \n\n\n\n\n\n\n\n\n\n\n\n\nNet income attributable to UHS \n$258,714 \n\n\n\n$166,989 \n\n\n\n\n   Depreciation and amortization \n149,567 \n\n\n\n137,195 \n\n\n\n\n   Interest expense, net \n44,660 \n\n\n\n53,378 \n\n\n\n\n   Provision for income taxes \n75,623 \n\n\n\n52,499 \n\n\n\n\nEBITDA net of NCI \n$528,564 \n\n13.3 % \n\n$410,061 \n\n11.5 % \n\n\n\n\n\n\n\n\n\n\n\n\nOther (income) expense, net \n(2,028) \n\n\n\n11,472 \n\n\n\n\nAdjusted EBITDA net of NCI \n$526,536 \n\n13.3 % \n\n$421,533 \n\n11.8 % \n\n\n\n\n\n\n\n\n\n\n\n\nNet revenues \n$3,963,027 \n\n\n\n$3,562,774 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCalculation of Adjusted Net Income Attributable to UHS \n\n\n\n\n\n\n\n\n\n\n\n\n\nThree months ended \n\nThree months ended \n\n\n\nSeptember 30, 2024 \n\nSeptember 30, 2023 \n\n\n\n\n\nPer \n\n\n\nPer \n\n\n\nAmount \n\nDiluted Share \n\nAmount \n\nDiluted Share \n\n\n\n\n\n\n\n\n\n\n\n\nNet income attributable to UHS \n$258,714 \n\n$3.80 \n\n$166,989 \n\n$2.40 \n\n\nPlus/minus after-tax adjustments: \n\n\n\n\n\n\n\n\n\nUnrealized (gain) loss on equity securities \n(2,275) \n\n(0.03) \n\n10,528 \n\n0.15 \n\n\nImpact of ASU 2016-09, net \n(3,928) \n\n(0.06) \n\n- \n\n- \n\n\nSubtotal adjustments \n(6,203) \n\n(0.09) \n\n10,528 \n\n0.15 \n\n\nAdjusted net income attributable to UHS \n$252,511 \n\n$3.71 \n\n$177,517 \n\n$2.55 \n\n\n\n\n\n\n\n\nUniversal Health Services, Inc. \n\n\nSchedule of Non-GAAP Supplemental Information (\"Supplemental Schedule\") \n\n\nFor the Nine Months ended September 30, 2024 and 2023 \n\n\n(in thousands, except per share amounts) \n\n\n(unaudited) \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCalculation of Earnings/Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (\"EBITDA/Adjusted EBITDA net of NCI\") \n\n\n\n\n\n\n\n\n\n\n\n\n\nNine months ended \n\n% Net \n\nNine months ended \n\n% Net \n\n\n\nSeptember 30, 2024 \n\nrevenues \n\nSeptember 30, 2023 \n\nrevenues \n\n\n\n\n\n\n\n\n\n\n\n\nNet income attributable to UHS \n$809,700 \n\n\n\n$501,417 \n\n\n\n\n   Depreciation and amortization \n438,050 \n\n\n\n422,560 \n\n\n\n\n   Interest expense, net \n146,385 \n\n\n\n153,085 \n\n\n\n\n   Provision for income taxes \n233,563 \n\n\n\n159,618 \n\n\n\n\nEBITDA net of NCI \n$1,627,698 \n\n13.9 % \n\n$1,236,680 \n\n11.7 % \n\n\n\n\n\n\n\n\n\n\n\n\nOther (income) expense, net \n3,315 \n\n\n\n31,797 \n\n\n\n\nAdjusted EBITDA net of NCI \n$1,631,013 \n\n13.9 % \n\n$1,268,477 \n\n12.0 % \n\n\n\n\n\n\n\n\n\n\n\n\nNet revenues \n$11,714,213 \n\n\n\n$10,578,430 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCalculation of Adjusted Net Income Attributable to UHS \n\n\n\n\n\n\n\n\n\n\n\n\n\nNine months ended \n\nNine months ended \n\n\n\nSeptember 30, 2024 \n\nSeptember 30, 2023 \n\n\n\n\n\nPer \n\n\n\nPer \n\n\n\nAmount \n\nDiluted Share \n\nAmount \n\nDiluted Share \n\n\n\n\n\n\n\n\n\n\n\n\nNet income attributable to UHS \n$809,700 \n\n$11.88 \n\n$501,417 \n\n$7.09 \n\n\nPlus/minus after-tax adjustments: \n\n\n\n\n\n\n\n\n\nUnrealized loss on equity securities \n4,038 \n\n0.06 \n\n23,040 \n\n0.33 \n\n\nImpact of ASU 2016-09, net \n(15,540) \n\n(0.23) \n\n- \n\n- \n\n\nSubtotal adjustments \n(11,502) \n\n(0.17) \n\n23,040 \n\n0.33 \n\n\nAdjusted net income attributable to UHS \n$798,198 \n\n$11.71 \n\n$524,457 \n\n$7.42 \n\n\n\n\n\n\n\n\nUniversal Health Services, Inc. \n\n\nCondensed Consolidated Balance Sheets \n\n\n(in thousands) \n\n\n(unaudited) \n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSeptember 30, \n\n\nDecember 31, \n\n\n\n\n\n2024 \n\n\n2023 \n\n\nAssets \n\n\n\n\n\n\n\n\nCurrent assets: \n\n\n\n\n\n\n\n\n    Cash and cash equivalents \n\n$ \n106,077 \n\n$ \n119,439 \n\n\n    Accounts receivable, net \n\n\n2,214,268 \n\n\n2,238,265 \n\n\n    Supplies \n\n\n220,062 \n\n\n216,988 \n\n\n    Other current assets \n\n\n261,549 \n\n\n236,658 \n\n\n     ...\n               Total current assets \n\n\n2,801,956 \n\n\n2,811,350 \n\n\n\n\n\n\n\n\n\n\n\nProperty and equipment \n\n\n12,448,230 \n\n\n11,777,047 \n\n\nLess: accumulated depreciation \n\n\n(6,005,664) \n\n\n(5,652,518) \n\n\n\n\n\n6,442,566 \n\n\n6,124,529 \n\n\n\n\n\n\n\n\n\n\n\nOther assets: \n\n\n\n\n\n\n\n\n    Goodwill \n\n\n3,965,492 \n\n\n3,932,407 \n\n\n    Deferred income taxes \n\n\n121,904 \n\n\n85,626 \n\n\n    Right of use assets-operating leases \n\n\n421,441 \n\n\n433,962 \n\n\n    Deferred charges \n\n\n9,705 \n\n\n6,974 \n\n\n    Other \n\n\n590,784 \n\n\n572,754 \n\n\nTotal Assets \n\n$ \n14,353,848 \n\n$ \n13,967,602 \n\n\n\n\n\n\n\n\n\n\n\nLiabilities and Stockholders' Equity \n\n\n\n\n\n\n\n\nCurrent liabilities: \n\n\n\n\n\n\n\n\n    Current maturities of long-term debt \n\n$ \n38,351 \n\n$ \n126,686 \n\n\n    Accounts payable and other liabilities \n\n\n1,896,234 \n\n\n1,813,015 \n\n\n    Operating lease liabilities \n\n\n72,801 \n\n\n71,600 \n\n\n    Federal and state taxes \n\n\n3,802 \n\n\n2,046 \n\n\n          Total current liabilities \n\n\n2,011,188 \n\n\n2,013,347 \n\n\n\n\n\n\n\n\n\n\n\nOther noncurrent liabilities \n\n\n660,247 \n\n\n584,007 \n\n\nOperating lease liabilities noncurrent \n\n\n377,644 \n\n\n382,559 \n\n\nLong-term debt \n\n\n4,618,060 \n\n\n4,785,783 \n\n\n\n\n\n\n\n\n\n\n\nRedeemable noncontrolling interest \n\n\n5,623 \n\n\n5,191 \n\n\n\n\n\n\n\n\n\n\n\nUHS common stockholders' equity \n\n\n6,605,696 \n\n\n6,149,001 \n\n\nNoncontrolling interest \n\n\n75,390 \n\n\n47,714 \n\n\n          Total equity \n\n\n6,681,086 \n\n\n6,196,715 \n\n\n\n\n\n\n\n\n\n\n\nTotal Liabilities and Stockholders' Equity \n\n$ \n14,353,848 \n\n$ \n13,967,602 \n\n\n\n\n\n\n\n\nUniversal Health Services, Inc. \n\n\nConsolidated Statements of Cash Flows \n\n\n(in thousands) \n\n\n(unaudited) \n\n\n\nNine months \n\n\n\nended September 30, \n\n\n\n2024 \n\n2023 \n\n\n\n\n\n\n\n\nCash Flows from Operating Activities: \n\n\n\n\n\n  Net income \n$826,062 \n\n$499,685 \n\n\n  Adjustments to reconcile net income to net  \n\n\n\n\n\ncash provided by operating activities: \n\n\n\n\n\nDepreciation & amortization \n438,050 \n\n422,560 \n\n\nGains on sale of assets and businesses \n(5,124) \n\n(6,250) \n\n\nCosts related to extinguishment of debt \n3,158 \n\n0 \n\n\nStock-based compensation expense \n72,727 \n\n65,702 \n\n\n  Changes in assets & liabilities, net of effects from \n\n\n\n\n\nacquisitions and dispositions: \n\n\n\n\n\n   Accounts receivable \n11,703 \n\n(193,108) \n\n\n   Accrued interest \n(1,762) \n\n60 \n\n\n   Accrued and deferred income taxes  \n(10,949) \n\n(33,240) \n\n\n   Other working capital accounts  \n1,329 \n\n(65,062) \n\n\n   Medicare accelerated payments and deferred CARES Act and other grants \n0 \n\n1,764 \n\n\n   Other assets and deferred charges \n(5,621) \n\n48,985 \n\n\n   Other  \n25,732 \n\n13,717 \n\n\n   Accrued insurance expense, net of commercial premiums paid \n175,104 \n\n141,414 \n\n\n   Payments made in settlement of self-insurance claims \n(121,745) \n\n(80,861) \n\n\n          Net cash provided by operating activities \n1,408,664 \n\n815,366 \n\n\n\n\n\n\n\n\nCash Flows from Investing Activities: \n\n\n\n\n\n   Property and equipment additions \n(697,865) \n\n(536,665) \n\n\n   Proceeds received from sales of assets and businesses \n30,219 \n\n23,688 \n\n\n   Acquisition of businesses and property \n0 \n\n(3,728) \n\n\n   Outflows from foreign exchange contracts that hedge our net U.K. investment \n(35,667) \n\n(7,723) \n\n\n   Decrease in capital reserves of commercial insurance subsidiary  \n197 \n\n0 \n\n\n          Net cash used in investing activities \n(703,116) \n\n(524,428) \n\n\n\n\n\n\n\n\nCash Flows from Financing Activities: \n\n\n\n\n\n   Repayments of long-term debt \n(2,471,515) \n\n(54,009) \n\n\n   Additional borrowings \n2,210,248 \n\n165,000 \n\n\n   Financing costs \n(9,992) \n\n(308) \n\n\n   Repurchase of common shares \n(420,588) \n\n(385,339) \n\n\n   Dividends paid \n(40,302) \n\n(41,964) \n\n\n   Issuance of common stock \n10,864 \n\n9,841 \n\n\n   Profit distributions to noncontrolling interests \n(5,791) \n\n(5,258) \n\n\n   Sale of ownership interests to minority members \n8,959 \n\n408 \n\n\n          Net cash used in financing activities \n(718,117) \n\n(311,629) \n\n\n\n\n\n\n\n\n   Effect of exchange rate changes on cash, cash equivalents and restricted cash \n2,696 \n\n493 \n\n\nIncrease (decrease) in cash, cash equivalents and restricted cash \n(9,873) \n\n(20,198) \n\n\nCash, cash equivalents and restricted cash, beginning of period \n214,470 \n\n200,837 \n\n\nCash, cash equivalents and restricted cash, end of period \n$204,597 \n\n$180,639 \n\n\n\n\n\n\n\n\nSupplemental Disclosures of Cash Flow Information: \n\n\n\n\n\n  Interest paid \n$144,378 \n\n$149,247 \n\n\n\n\n\n\n\n\n  Income taxes paid, net of refunds \n$236,975 \n\n$191,189 \n\n\n\n\n\n\n\n\n  Noncash purchases of property and equipment \n$87,333 \n\n$108,412 \n\n\n\n\n\n\n\n\nUniversal Health Services, Inc. \n\n\nSupplemental Statistical Information \n\n\n(unaudited) \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n % Change  \n\n % Change  \n\n\n\n\n\n\n\n\n\n3 Months ended \n\n9 Months ended \n\n\nSame Facility: \n\n\n\n\n\n\n9/30/2024 \n\n9/30/2024 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAcute Care Hospitals \n\n\n\n\n\n\n\n\n\n\n\nRevenues \n\n\n\n\n\n\n9.2 % \n\n8.5 % \n\n\nAdjusted Admissions \n\n\n\n\n\n\n1.5 % \n\n3.1 % \n\n\nAdjusted Patient Days \n\n\n\n\n\n\n2.0 % \n\n2.3 % \n\n\nRevenue Per Adjusted Admission \n\n\n\n\n\n\n7.0 % \n\n5.0 % \n\n\nRevenue Per Adjusted Patient Day \n\n\n\n\n\n\n6.5 % \n\n5.8 % \n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBehavioral Health Hospitals \n\n\n\n\n\n\n\n\n\n\n\nRevenues \n\n\n\n\n\n\n10.5 % \n\n10.6 % \n\n\nAdjusted Admissions \n\n\n\n\n\n\n2.2 % \n\n0.3 % \n\n\nAdjusted Patient Days \n\n\n\n\n\n\n1.8 % \n\n1.7 % \n\n\nRevenue Per Adjusted Admission \n\n\n\n\n\n\n8.0 % \n\n10.1 % \n\n\nRevenue Per Adjusted Patient Day \n\n\n\n\n\n\n8.5 % \n\n8.7 % \n\n\n\n\n\n\n\n\n\n\n\n\n\n\nUHS Consolidated \n\n\nThird Quarter Ended \n\nNine Months Ended \n\n\n\n\n\n9/30/2024 \n\n9/30/2023 \n\n9/30/2024 \n\n9/30/2023 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRevenues \n\n\n$3,963,027 \n\n$3,562,774 \n\n$11,714,213 \n\n$10,578,430 \n\n\nEBITDA net of NCI \n\n\n$528,564 \n\n$410,061 \n\n$1,627,698 \n\n$1,236,680 \n\n\nEBITDA Margin net of NCI \n\n\n13.3 % \n\n11.5 % \n\n13.9 % \n\n11.7 % \n\n\nAdjusted EBITDA net of NCI \n\n\n$526,536 \n\n$421,533 \n\n$1,631,013 \n\n$1,268,477 \n\n\nAdjusted EBITDA Margin net of NCI \n\n\n13.3 % \n\n11.8 % \n\n13.9 % \n\n12.0 % \n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCash Flow From Operations \n\n\n$332,977 \n\n$161,665 \n\n$1,408,664 \n\n$815,366 \n\n\nCapital Expenditures   \n\n\n$247,932 \n\n$200,001 \n\n$697,865 \n\n$536,665 \n\n\nDays Sales Outstanding \n\n\n\n\n\n\n52 \n\n58 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDebt  \n\n\n\n\n\n\n$4,656,411 \n\n$4,922,629 \n\n\nUHS' Shareholders Equity \n\n\n\n\n\n\n$6,605,696 \n\n$6,064,915 \n\n\nDebt / Total Capitalization \n\n\n\n\n\n\n41.3 % \n\n44.8 % \n\n\nDebt / EBITDA net of NCI (1) \n\n\n\n\n\n\n2.21 \n\n2.97 \n\n\nDebt / Adjusted EBITDA net of NCI (1) \n\n\n\n\n\n2.21 \n\n2.83 \n\n\nDebt / Cash From Operations (1) \n\n\n\n\n\n\n2.50 \n\n4.42 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n(1) Latest 4 quarters. \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nUniversal Health Services, Inc. \n\n\n\n\nAcute Care Hospital Services \n\n\n\n\nFor the Three and Nine months ended \n\n\n\n\nSeptember 30, 2024 and 2023 \n\n\n\n\n(in thousands) \n\n\n\n\n(unaudited) \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSame Facility Basis - Acute Care Hospital Services \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThree months ended \n\nThree months ended \n\nNine months ended \n\nNine months ended \n\n\n\n\n\n\nSeptember 30, 2024 \n\nSeptember 30, 2023 \n\nSeptember 30, 2024 \n\nSeptember 30, 2023 \n\n\n\n\n\n\nAmount \n\n% of NetRevenues  \n\nAmount \n\n% of NetRevenues  \n\nAmount \n\n% of NetRevenues  \n\nAmount \n\n% of NetRevenues  \n\n\n\n\nNet revenues \n\n$2,147,732 \n\n100.0 % \n\n$1,965,985 \n\n100.0 % \n\n$6,355,078 \n\n100.0 % \n\n$5,858,015 \n\n100.0 % \n\n\n\n\nOperating charges: \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSalaries, wages and benefits \n\n893,436 \n\n41.6 % \n\n854,284 \n\n43.5 % \n\n2,609,544 \n\n41.1 % \n\n2,517,163 \n\n43.0 % \n\n\n\n\nOther operating expenses \n\n598,840 \n\n27.9 % \n\n543,584 \n\n27.6 % \n\n1,754,999 \n\n27.6 % \n\n1,604,084 \n\n27.4 % \n\n\n\n\nSupplies expense \n\n332,799 \n\n15.5 % \n\n323,580 \n\n16.5 % \n\n1,011,602 \n\n15.9 % \n\n976,712 \n\n16.7 % \n\n\n\n\nDepreciation and amortization \n\n93,752 \n\n4.4 % \n\n86,437 \n\n4.4 % \n\n278,062 \n\n4.4 % \n\n273,646 \n\n4.7 % \n\n\n\n\nLease and rental expense \n\n24,202 \n\n1.1 % \n\n24,443 \n\n1.2 % \n\n72,308 \n\n1.1 % \n\n72,459 \n\n1.2 % \n\n\n\n\nSubtotal-operating expenses \n\n1,943,029 \n\n90.5 % \n\n1,832,328 \n\n93.2 % \n\n5,726,515 \n\n90.1 % \n\n5,444,064 \n\n92.9 % \n\n\n\n\nIncome from operations \n\n204,703 \n\n9.5 % \n\n133,657 \n\n6.8 % \n\n628,563 \n\n9.9 % \n\n413,951 \n\n7.1 % \n\n\n\n\nInterest expense, net  \n\n1,077 \n\n0.1 % \n\n(778) \n\n(0.0) % \n\n3,363 \n\n0.1 % \n\n(1,858) \n\n(0.0) % \n\n\n\n\nOther (income) expense, net  \n\n(590) \n\n(0.0) % \n\n(490) \n\n0.0 % \n\n(1,348) \n\n(0.0) % \n\n5,723 \n\n0.1 % \n\n\n\n\nIncome before income taxes \n\n$204,216 \n\n9.5 % \n\n$134,925 \n\n6.9 % \n\n$626,548 \n\n9.9 % \n\n$410,086 \n\n7.0 % \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAll Acute Care Hospital Services \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThree months ended \n\nThree months ended \n\nNine months ended \n\nNine months ended \n\n\n\n\n\n\nSeptember 30, 2024 \n\nSeptember 30, 2023 \n\nSeptember 30, 2024 \n\nSeptember 30, 2023 \n\n\n\n\n\n\nAmount \n\n% of NetRevenues \n\nAmount \n\n% of NetRevenues  \n\nAmount \n\n% of NetRevenues \n\nAmount \n\n% of NetRevenues  \n\n\n\n\nNet revenues \n\n$2,245,517 \n\n100.0 % \n\n$2,017,288 \n\n100.0 % \n\n$6,604,007 \n\n100.0 % \n\n$5,993,899 \n\n100.0 % \n\n\n\n\nOperating charges: \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSalaries, wages and benefits \n\n894,551 \n\n39.8 % \n\n854,587 \n\n42.4 % \n\n2,612,118 \n\n39.6 % \n\n2,534,878 \n\n42.3 % \n\n\n\n\nOther operating expenses \n\n699,316 \n\n31.1 % \n\n596,834 \n\n29.6 % \n\n2,009,231 \n\n30.4 % \n\n1,731,750 \n\n28.9 % \n\n\n\n\nSupplies expense \n\n332,772 \n\n14.8 % \n\n323,475 \n\n16.0 % \n\n1,011,460 \n\n15.3 % \n\n979,185 \n\n16.3 % \n\n\n\n\nDepreciation and amortization \n\n94,522 \n\n4.2 % \n\n86,535 \n\n4.3 % \n\n279,048 \n\n4.2 % \n\n274,165 \n\n4.6 % \n\n\n\n\nLease and rental expense \n\n24,490 \n\n1.1 % \n\n24,440 \n\n1.2 % \n\n72,638 \n\n1.1 % \n\n72,629 \n\n1.2 % \n\n\n\n\nSubtotal-operating expenses \n\n2,045,651 \n\n91.1 % \n\n1,885,871 \n\n93.5 % \n\n5,984,495 \n\n90.6 % \n\n5,592,607 \n\n93.3 % \n\n\n\n\nIncome from operations \n\n199,866 \n\n8.9 % \n\n131,417 \n\n6.5 % \n\n619,512 \n\n9.4 % \n\n401,292 \n\n6.7 % \n\n\n\n\nInterest expense, net  \n\n1,077 \n\n0.0 % \n\n(778) \n\n(0.0) % \n\n3,363 \n\n0.1 % \n\n(1,858) \n\n(0.0) % \n\n\n\n\nOther (income) expense, net  \n\n(527) \n\n(0.0) % \n\n(211) \n\n(0.0) % \n\n(354) \n\n(0.0) % \n\n6,921 \n\n0.1 % \n\n\n\n\nIncome before income taxes \n\n$199,316 \n\n8.9 % \n\n$132,406 \n\n6.6 % \n\n$616,503 \n\n9.3 % \n\n$396,229 \n\n6.6 % \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWe believe that providing our results on a \"Same Facility\" basis (which is a non-GAAP measure), which includes the operating results for facilities and businesses operated in both the current year and prior year periods, is helpful to our investors as a measure of our operating performance. Our Same Facility results also neutralize (if applicable), the effect of material items that are nonrecurring or non-operational in nature including items such as, but not limited to, reserves for various matters, settlements, legal judgments and lawsuits, cost related to extinguishment of debt, gains/losses on sales of assets and businesses, impairments of goodwill, long-lived and intangible assets and other amounts that may be reflected in the current or prior year financial statements that relate to prior periods. Our Same Facility basis results exclude from net revenues and other operating expenses, provider tax assessments incurred in each period. However, these provider tax assessments are included in net revenues and other operating expenses as reflected in the table under All Acute Care Hospital Services. The provider tax assessments had no impact on the income before income taxes as reflected on the above tables since the amounts offset between net revenues and other operating expenses. To obtain a complete understanding of our financial performance, the Same Facility results should be examined in connection with our net income as determined in accordance with GAAP and as presented herein and the condensed consolidated financial statements and notes thereto as contained in our Form 10-K for the year ended December 31, 2023 and our Form 10-Q for the quarter ended June 30, 2024 . \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe All Acute Care Hospital Services table summarizes the results of operations for all our acute care operations during the periods presented. These amounts include: (i) our acute care results on a same facility basis, as indicated above; (ii) the impact of provider tax assessments which increased net revenues and other operating expenses but had no impact on income before income taxes, and; (iii) certain other amounts including the results of facilities acquired or opened during the last twelve months. \n\n\n\n\n\n\n\n\nUniversal Health Services, Inc. \n\n\n\n\nBehavioral Health Care Services \n\n\n\n\nFor the Three and Nine months ended \n\n\n\n\nSeptember 30, 2024 and 2023 \n\n\n\n\n(in thousands) \n\n\n\n\n(unaudited) \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSame Facility - Behavioral Health Care Services \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThree months ended \n\nThree months ended \n\nNine months ended \n\nNine months ended \n\n\n\n\n\n\nSeptember 30, 2024 \n\nSeptember 30, 2023 \n\nSeptember 30, 2024 \n\nSeptember 30, 2023 \n\n\n\n\n\n\nAmount \n\n% of NetRevenues  \n\nAmount \n\n% of NetRevenues  \n\nAmount \n\n% of NetRevenues  \n\nAmount \n\n% of NetRevenues  \n\n\n\n\nNet revenues \n\n$1,672,453 \n\n100.0 % \n\n$1,514,017 \n\n100.0 % \n\n$4,972,612 \n\n100.0 % \n\n$4,494,791 \n\n100.0 % \n\n\n\n\nOperating charges: \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSalaries, wages and benefits \n\n916,435 \n\n54.8 % \n\n842,683 \n\n55.7 % \n\n2,679,938 \n\n53.9 % \n\n2,494,850 \n\n55.5 % \n\n\n\n\nOther operating expenses \n\n313,402 \n\n18.7 % \n\n294,788 \n\n19.5 % \n\n934,107 \n\n18.8 % \n\n869,771 \n\n19.4 % \n\n\n\n\nSupplies expense \n\n57,723 \n\n3.5 % \n\n55,112 \n\n3.6 % \n\n171,594 \n\n3.5 % \n\n161,371 \n\n3.6 % \n\n\n\n\nDepreciation and amortization \n\n52,075 \n\n3.1 % \n\n47,472 \n\n3.1 % \n\n149,094 \n\n3.0 % \n\n139,358 \n\n3.1 % \n\n\n\n\nLease and rental expense \n\n11,806 \n\n0.7 % \n\n10,883 \n\n0.7 % \n\n34,908 \n\n0.7 % \n\n32,684 \n\n0.7 % \n\n\n\n\nSubtotal-operating expenses \n\n1,351,441 \n\n80.8 % \n\n1,250,938 \n\n82.6 % \n\n3,969,641 \n\n79.8 % \n\n3,698,034 \n\n82.3 % \n\n\n\n\nIncome from operations \n\n321,012 \n\n19.2 % \n\n263,079 \n\n17.4 % \n\n1,002,971 \n\n20.2 % \n\n796,757 \n\n17.7 % \n\n\n\n\nInterest expense, net  \n\n1,041 \n\n0.1 % \n\n1,252 \n\n0.1 % \n\n3,076 \n\n0.1 % \n\n3,455 \n\n0.1 % \n\n\n\n\nOther (income) expense, net  \n\n(794) \n\n(0.0) % \n\n(985) \n\n(0.1) % \n\n(2,341) \n\n(0.0) % \n\n(2,294) \n\n(0.1) % \n\n\n\n\nIncome before income taxes \n\n$320,765 \n\n19.2 % \n\n$262,812 \n\n17.4 % \n\n$1,002,236 \n\n20.2 % \n\n$795,596 \n\n17.7 % \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAll Behavioral Health Care Services \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThree months ended \n\nThree months ended \n\nNine months ended \n\nNine months ended \n\n\n\n\n\n\nSeptember 30, 2024 \n\nSeptember 30, 2023 \n\nSeptember 30, 2024 \n\nSeptember 30, 2023 \n\n\n\n\n\n\nAmount \n\n% of NetRevenues \n\nAmount \n\n% of NetRevenues  \n\nAmount \n\n% of NetRevenues \n\nAmount \n\n% of NetRevenues  \n\n\n\n\nNet revenues \n\n$1,714,914 \n\n100.0 % \n\n$1,542,695 \n\n100.0 % \n\n$5,102,290 \n\n100.0 % \n\n$4,575,378 \n\n100.0 % \n\n\n\n\nOperating charges: \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSalaries, wages and benefits \n\n919,301 \n\n53.6 % \n\n844,244 \n\n54.7 % \n\n2,690,118 \n\n52.7 % \n\n2,498,338 \n\n54.6 % \n\n\n\n\nOther operating expenses \n\n354,331 \n\n20.7 % \n\n322,208 \n\n20.9 % \n\n1,054,007 \n\n20.7 % \n\n949,958 \n\n20.8 % \n\n\n\n\nSupplies expense \n\n57,830 \n\n3.4 % \n\n55,272 \n\n3.6 % \n\n172,031 \n\n3.4 % \n\n161,597 \n\n3.5 % \n\n\n\n\nDepreciation and amortization \n\n52,452 \n\n3.1 % \n\n47,720 \n\n3.1 % \n\n150,949 \n\n3.0 % \n\n140,117 \n\n3.1 % \n\n\n\n\nLease and rental expense \n\n11,956 \n\n0.7 % \n\n10,911 \n\n0.7 % \n\n35,235 \n\n0.7 % \n\n32,834 \n\n0.7 % \n\n\n\n\nSubtotal-operating expenses \n\n1,395,870 \n\n81.4 % \n\n1,280,355 \n\n83.0 % \n\n4,102,340 \n\n80.4 % \n\n3,782,844 \n\n82.7 % \n\n\n\n\nIncome from operations \n\n319,044 \n\n18.6 % \n\n262,340 \n\n17.0 % \n\n999,950 \n\n19.6 % \n\n792,534 \n\n17.3 % \n\n\n\n\nInterest expense, net  \n\n1,041 \n\n0.1 % \n\n1,252 \n\n0.1 % \n\n3,076 \n\n0.1 % \n\n3,456 \n\n0.1 % \n\n\n\n\nOther (income) expense, net  \n\n(861) \n\n(0.1) % \n\n(1,080) \n\n(0.1) % \n\n(2,408) \n\n(0.0) % \n\n(3,139) \n\n(0.1) % \n\n\n\n\nIncome before income taxes \n\n$318,864 \n\n18.6 % \n\n$262,168 \n\n17.0 % \n\n$999,282 \n\n19.6 % \n\n$792,217 \n\n17.3 % \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWe believe that providing our results on a \"Same Facility\" basis (which is a non-GAAP measure), which includes the operating results for facilities and businesses operated in both the current year and prior year periods, is helpful to our investors as a measure of our operating performance. Our Same Facility results also neutralize (if applicable), the effect of material items that are nonrecurring or non-operational in nature including items such as, but not limited to, reserves for various matters, settlements, legal judgments and lawsuits, cost related to extinguishment of debt, gains/losses on sales of assets and businesses, impairments of goodwill, long-lived and intangible assets and other amounts that may be reflected in the current or prior year financial statements that relate to prior periods. Our Same Facility basis results exclude from net revenues and other operating expenses, provider tax assessments incurred in each period. However, these provider tax assessments are included in net revenues and other operating expenses as reflected in the table under All Behavioral Health Care Services. The provider tax assessments had no impact on the income before income taxes as reflected on the above tables since the amounts offset between net revenues and other operating expenses. To obtain a complete understanding of our financial performance, the Same Facility results should be examined in connection with our net income as determined in accordance with GAAP and as presented herein and the condensed consolidated financial statements and notes thereto as contained in our Form 10-K for the year ended December 31, 2023 and our Form 10-Q for the quarter ended June 30, 2024. \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe All Behavioral Health Care Services table summarizes the results of operations for all our behavioral health care facilities during the periods presented. These amounts include: (i) our behavioral health results on a same facility basis, as indicated above; (ii) the impact of provider tax assessments which increased net revenues and other operating expenses but had no impact on income before income taxes, and; (iii) certain other amounts including the results of facilities acquired or opened during the last twelve months.  \n\n\n\n\n\n\n\n\nUniversal Health Services, Inc. \n\n\nSelected Hospital Statistics \n\n\nFor the Three Months ended \n\n\nSeptember 30, 2024 and 2023 \n\n\n(unaudited) \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAS REPORTED: \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nACUTE \n\nBEHAVIORAL HEALTH \n\n\n\n\n09/30/24 \n\n09/30/23 \n\n%  change \n\n09/30/24 \n\n09/30/23 \n\n%  change \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHospitals owned and leased \n\n27 \n\n27 \n\n0.0 % \n\n334 \n\n331 \n\n0.9 % \n\n\nAverage licensed beds \n\n6,657 \n\n6,667 \n\n-0.1 % \n\n24,446 \n\n24,194 \n\n1.0 % \n\n\nAverage available beds \n\n6,485 \n\n6,495 \n\n-0.2 % \n\n24,346 \n\n24,094 \n\n1.0 % \n\n\nPatient days \n\n393,521 \n\n384,348 \n\n2.4 % \n\n1,630,369 \n\n1,600,740 \n\n1.9 % \n\n\nAverage daily census \n\n4,277.4 \n\n4,177.7 \n\n2.4 % \n\n17,721.4 \n\n17,399.3 \n\n1.9 % \n\n\nOccupancy-licensed beds \n\n64.3 % \n\n62.7 % \n\n2.5 % \n\n72.5 % \n\n71.9 % \n\n0.8 % \n\n\nOccupancy-available beds \n\n66.0 % \n\n64.3 % \n\n2.5 % \n\n72.8 % \n\n72.2 % \n\n0.8 % \n\n\nAdmissions \n\n81,731 \n\n80,074 \n\n2.1 % \n\n121,421 \n\n118,487 \n\n2.5 % \n\n\nLength of stay \n\n4.8 \n\n4.8 \n\n0.3 % \n\n13.4 \n\n13.5 \n\n-0.6 % \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInpatient revenue \n\n$12,277,563 \n\n$10,916,060 \n\n12.5 % \n\n$2,835,301 \n\n$2,703,478 \n\n4.9 % \n\n\nOutpatient revenue \n\n8,573,270 \n\n7,480,353 \n\n14.6 % \n\n268,182 \n\n259,060 \n\n3.5 % \n\n\nTotal patient revenue \n\n20,850,833 \n\n18,396,413 \n\n13.3 % \n\n3,103,483 \n\n2,962,538 \n\n4.8 % \n\n\nOther revenue \n\n266,822 \n\n251,985 \n\n5.9 % \n\n84,770 \n\n81,149 \n\n4.5 % \n\n\nGross revenue \n\n21,117,655 \n\n18,648,398 \n\n13.2 % \n\n3,188,253 \n\n3,043,687 \n\n4.7 % \n\n\nTotal deductions \n\n18,872,138 \n\n16,631,110 \n\n13.5 % \n\n1,473,339 \n\n1,500,992 \n\n-1.8 % \n\n\nNet revenue  \n\n$2,245,517 \n\n$2,017,288 \n\n11.3 % \n\n$1,714,914 \n\n$1,542,695 \n\n11.2 % \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSAME FACILITY: \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nACUTE \n\nBEHAVIORAL HEALTH \n\n\n\n\n09/30/24 \n\n09/30/23 \n\n%  change \n\n09/30/24 \n\n09/30/23 \n\n%  change \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHospitals owned and leased \n\n27 \n\n27 \n\n0.0 % \n\n333 \n\n333 \n\n0.0 % \n\n\nAverage licensed beds \n\n6,657 \n\n6,667 \n\n-0.1 % \n\n24,277 \n\n24,012 \n\n1.1 % \n\n\nAverage available beds \n\n6,485 \n\n6,495 \n\n-0.2 % \n\n24,177 \n\n23,912 \n\n1.1 % \n\n\nPatient days \n\n393,521 \n\n384,348 \n\n2.4 % \n\n1,618,344 \n\n1,586,108 \n\n2.0 % \n\n\nAverage daily census \n\n4,277.4 \n\n4,177.7 \n\n2.4 % \n\n17,590.7 \n\n17,240.3 \n\n2.0 % \n\n\nOccupancy-licensed beds \n\n64.3 % \n\n62.7 % \n\n2.5 % \n\n72.5 % \n\n71.8 % \n\n0.9 % \n\n\nOccupancy-available beds \n\n66.0 % \n\n64.3 % \n\n2.5 % \n\n72.8 % \n\n72.1 % \n\n0.9 % \n\n\nAdmissions \n\n81,731 \n\n80,074 \n\n2.1 % \n\n120,515 \n\n117,635 \n\n2.4 % \n\n\nLength of stay \n\n4.8 \n\n4.8 \n\n0.3 % \n\n13.4 \n\n13.5 \n\n-0.4 % \n\n\n\n\n\n\n\n\nUniversal Health Services, Inc. \n\n\nSelected Hospital Statistics \n\n\nFor the Nine Months ended \n\n\nSeptember 30, 2024 and 2023 \n\n\n(unaudited) \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAS REPORTED: \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nACUTE \n\nBEHAVIORAL HEALTH \n\n\n\n\n09/30/24 \n\n09/30/23 \n\n%  change \n\n09/30/24 \n\n09/30/23 \n\n%  change \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHospitals owned and leased \n\n27 \n\n27 \n\n0.0 % \n\n334 \n\n331 \n\n0.9 % \n\n\nAverage licensed beds \n\n6,657 \n\n6,697 \n\n-0.6 % \n\n24,413 \n\n24,203 \n\n0.9 % \n\n\nAverage available beds \n\n6,485 \n\n6,525 \n\n-0.6 % \n\n24,313 \n\n24,103 \n\n0.9 % \n\n\nPatient days \n\n1,199,271 \n\n1,172,957 \n\n2.2 % \n\n4,858,431 \n\n4,761,887 \n\n2.0 % \n\n\nAverage daily census \n\n4,376.9 \n\n4,296.5 \n\n1.9 % \n\n17,731.5 \n\n17,442.8 \n\n1.7 % \n\n\nOccupancy-licensed beds \n\n65.7 % \n\n64.2 % \n\n2.5 % \n\n72.6 % \n\n72.1 % \n\n0.8 % \n\n\nOccupancy-available beds \n\n67.5 % \n\n65.8 % \n\n2.5 % \n\n72.9 % \n\n72.4 % \n\n0.8 % \n\n\nAdmissions \n\n247,170 \n\n239,300 \n\n3.3 % \n\n361,149 \n\n358,703 \n\n0.7 % \n\n\nLength of stay \n\n4.9 \n\n4.9 \n\n0.0 % \n\n13.5 \n\n13.3 \n\n1.7 % \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInpatient revenue \n\n$37,522,395 \n\n$33,278,396 \n\n12.8 % \n\n$8,375,470 \n\n$8,001,838 \n\n4.7 % \n\n\nOutpatient revenue \n\n25,553,451 \n\n22,292,249 \n\n14.6 % \n\n833,260 \n\n812,467 \n\n2.6 % \n\n\nTotal patient revenue \n\n63,075,846 \n\n55,570,645 \n\n13.5 % \n\n9,208,730 \n\n8,814,305 \n\n4.5 % \n\n\nOther revenue \n\n747,424 \n\n714,877 \n\n4.6 % \n\n247,182 \n\n220,393 \n\n12.2 % \n\n\nGross revenue \n\n63,823,270 \n\n56,285,522 \n\n13.4 % \n\n9,455,912 \n\n9,034,698 \n\n4.7 % \n\n\nTotal deductions \n\n57,219,263 \n\n50,291,623 \n\n13.8 % \n\n4,353,622 \n\n4,459,320 \n\n-2.4 % \n\n\nNet revenue  \n\n$6,604,007 \n\n$5,993,899 \n\n10.2 % \n\n$5,102,290 \n\n$4,575,378 \n\n11.5 % \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSAME FACILITY: \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nACUTE \n\nBEHAVIORAL HEALTH \n\n\n\n\n09/30/24 \n\n09/30/23 \n\n%  change \n\n09/30/24 \n\n09/30/23 \n\n%  change \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHospitals owned and leased \n\n27 \n\n27 \n\n0.0 % \n\n333 \n\n333 \n\n0.0 % \n\n\nAverage licensed beds \n\n6,657 \n\n6,634 \n\n0.3 % \n\n24,189 \n\n24,060 \n\n0.5 % \n\n\nAverage available beds \n\n6,485 \n\n6,462 \n\n0.4 % \n\n24,089 \n\n23,960 \n\n0.5 % \n\n\nPatient days \n\n1,199,271 \n\n1,166,693 \n\n2.8 % \n\n4,819,550 \n\n4,726,531 \n\n2.0 % \n\n\nAverage daily census \n\n4,376.9 \n\n4,273.6 \n\n2.4 % \n\n17,589.6 \n\n17,313.3 \n\n1.6 % \n\n\nOccupancy-licensed beds \n\n65.7 % \n\n64.4 % \n\n2.1 % \n\n72.7 % \n\n72.0 % \n\n1.1 % \n\n\nOccupancy-available beds \n\n67.5 % \n\n66.1 % \n\n2.1 % \n\n73.0 % \n\n72.3 % \n\n1.1 % \n\n\nAdmissions \n\n247,170 \n\n238,237 \n\n3.7 % \n\n358,114 \n\n356,028 \n\n0.6 % \n\n\nLength of stay \n\n4.9 \n\n4.9 \n\n0.0 % \n\n13.5 \n\n13.3 \n\n1.5 % \n\n\n\n\n View original content:https://www.prnewswire.com/news-releases/universal-health-services-inc-announces-2024-third-quarter-financial-results-302286542.html\nSOURCE Universal Health Services, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2478936796"}