Welcome to our dedicated page for Univ Health Svc news (Ticker: UHS), a resource for investors and traders seeking the latest updates and insights on Univ Health Svc stock.
Universal Health Services, Inc. (UHS) is a New York Stock Exchange–listed hospital and healthcare services company that describes itself as one of the nation’s largest providers of hospital and healthcare services. Through its subsidiaries, UHS operates acute care hospitals, behavioral health facilities, outpatient facilities, ambulatory centers and ambulatory care access points across the United States, Puerto Rico and the United Kingdom.
This news page for UHS stock aggregates company-specific announcements and media releases so readers can follow developments affecting the business and its shares. UHS regularly issues press releases on quarterly and year-to-date financial results, revisions to its full-year operating results forecast, dividend declarations and changes to its stock repurchase program authorization.
Investors can also find news about UHS’s participation in healthcare investor conferences, including presentations by senior executives, as well as announcements regarding earnings release dates and related conference calls and webcasts. The company’s communications often highlight operating trends in its acute care and behavioral health segments, liquidity and borrowing capacity under its revolving credit facility, and other financial and operational metrics.
In addition, UHS uses news releases to discuss corporate and governance matters, such as appointments to leadership roles and recognition in rankings like the Fortune 500, the Forbes Global 2000 and Fortune’s World’s Most Admired Companies. By reviewing the UHS news feed, readers can monitor financial updates, capital allocation decisions, facility-related developments and other events that the company identifies as important to shareholders and the broader market.
Universal Health Services (NYSE: UHS) announced a cash dividend of $0.20 per share, payable on June 17, 2021, to shareholders of record as of June 2, 2021. As a prominent player in the hospital management sector, UHS operates 400 facilities across the U.S., U.K., and Puerto Rico, focusing on various healthcare services. This dividend reflects the company's commitment to return value to its shareholders while sustaining a robust presence in the healthcare market.
Universal Health Services (NYSE: UHS) announced that Steve Filton, Executive Vice President and CFO, will present at the BofA Securities 2021 Virtual Healthcare Conference on May 12, 2021, at 8:00 AM Eastern Time. A live audio webcast will be available on the company's website, and a replay will be accessible for 90 days post-conference. UHS operates 400 facilities, including hospitals and outpatient centers, across 38 states, Washington D.C., the UK, and Puerto Rico, focusing on comprehensive healthcare services.
Universal Health Services, Inc. (UHS) reported a net income of $209.1 million, or $2.43 per diluted share, for Q1 2021, up from $142 million, or $1.64, in Q1 2020. Net revenues increased 6.5% to $3.013 billion. The company received $188 million in CARES Act funds but plans to return this amount in Q2 2021. Adjusted EBITDA rose to $427.1 million, while acute care services saw a 12.1% drop in adjusted admissions. The COVID-19 pandemic continues to impact operations, with uncertainty around future financial implications.
Universal Health Services, Inc. (NYSE: UHS) will announce its first quarter results for 2021 on April 26, after market close. A conference call for investors and analysts is scheduled for April 27 at 9:00 a.m. ET, where they can discuss the results. Investors can call in at 1-877-648-7971. The call will also be broadcast live on the company's website, with a replay available for one year. Universal Health Services operates a network of acute care hospitals, behavioral health facilities, and ambulatory centers in the U.S., U.K., and Puerto Rico.
Universal Health Services (NYSE: UHS) announced that CFO Steve Filton will present virtually at the Barclays Global Healthcare Conference on March 10, 2021, at 3:35 PM. A live audio webcast will be accessible on the company's website, with a 90-day replay option available for those unable to attend. UHS is a prominent hospital management company, operating 399 facilities across the U.S., the UK, and Puerto Rico, delivering essential healthcare services to local communities for over 40 years.
Universal Health Services (UHS) reported a net income of $308.7 million, or $3.60 per diluted share, for Q4 2020, up from $245.2 million, or $2.79 per share, in Q4 2019. Net revenues rose 6.6% to $3.087 billion. Full-year net income also increased to $944 million, or $10.99 per share, compared to $814.9 million in 2019. Significant impacts included $151.4 million in grant revenue from the CARES Act and a $42.1 million loss due to an IT incident. Looking ahead, UHS anticipates 2021 net revenues between $12.125 billion and $12.361 billion.
Universal Health Services (NYSE: UHS) will announce its fourth quarter and full year results for 2020 after market close on February 25, 2021. A conference call for investors and analysts is scheduled for 9:00 a.m. ET on February 26, 2021, with a dial-in number of 1-877-648-7971. Investors can access a live broadcast of the call on the company's website, with a replay available for one year. Universal Health Services operates numerous behavioral health facilities and hospitals across the United States, Puerto Rico, and the United Kingdom.
Universal Health Services (NYSE: UHS) will have its CFO, Steve Filton, present at the 39th Annual J.P. Morgan Healthcare Conference on January 11, 2021, at 10:50 a.m. ET. The event will take place in San Francisco, CA, and a live audio webcast will be accessible on the company’s website. UHS operates 402 facilities including hospitals and behavioral health centers across 37 states, Washington, D.C., Puerto Rico, and the UK. A replay of the presentation will be available for 90 days post-conference.
Universal Health Services (UHS) announced that CFO Steve Filton will present at three virtual healthcare conferences in November 2020. The presentations are scheduled for:
- November 10 at 5:00 PM ET - 29th Annual Credit Suisse Healthcare Conference
- November 16 at 10:00 AM ET - 2020 Stephens Annual Investment Conference
- November 19 at 10:50 AM ET - 2020 Wolfe Research Healthcare Conference
Live webcasts will be available on the company's website, with replays accessible for 90 days.
Universal Health Services reported a net income of $241.3 million, or $2.82 per diluted share, for Q3 2020, up from $97.2 million, or $1.10 per diluted share, in Q3 2019. Net revenues increased by 3.2% to $2.913 billion. Adjusted net income was $246.5 million, benefitting from $28 million in net revenues from the California Medicaid program. However, COVID-19 impacted operations, reducing patient volumes significantly. For the nine months ended September 30, 2020, net income was $635.2 million, slightly up from $569.7 million for the same period in 2019.