The behavioral health arm of Universal Health Services (NYSE: UHS) is seeing growth in its outpatient services following a management reorganization that assigns leaders dedicated to the development of care outside of the legacy inpatient business. The King of Prussia, Pennsylvania-based health care facility operator reported a roughly 6% increase in behavioral health outpatient revenue […]
Top executives at Universal Health Services (NYSE: UHS) laid out a guarded but optimistic outlook for the future of the company as it stares down changes to Medicaid and other safety-net programs. On Tuesday, UHS CEO Marc Miller and CFO Steve Filton said the company has demonstrated the ability to pivot in the face of […]
The outpatient behavioral health space has been a hotspot for investment activity and dealmaking. But now legacy providers are beginning to eye the space as a potential for expansion. Universal Health Services (NYSE: UHS) is best known for its acute inpatient behavioral health services. While the provider has a history of outpatient facilities, the bulk […]
Universal Health Service (NYSE: UHS) has reported strong annual financial performance – as well as concern regarding potential Medicaid budget cuts. Medicaid changes have negatively impacted UHS’s behavioral health arm before. In 2024, the provider attributed low behavioral health patient days, in part, to Medicaid redeterminations. “We acknowledge that the current political environment has created […]
The landscape of substance use disorder (SUD) treatment in 2024 was a tapestry of challenges, technological disruptions and unexpected breakthroughs. A staggering data leak exposed the personal information of 100 million patients. Economic pressures forced some SUD providers to retreat from certain state markets, and long-anticipated regulatory changes were once again delayed, leaving the industry […]
Last year, Ozempic took the weight loss industry by storm; could the substance use disorder industry be next? It’s possible, according to some industry insiders. But that’s not the only trend likely to shape 2025. New drugs, technologies, payer trends and care models set the stage for 2025 to be a transformative year for the […]
The merit of an integrated addiction treatment model is grounded in three key elements: the value to the patient, the value to the provider and the value to the payer. “If we could find value-added items that meet those three aims, then that’s a no-brainer,” Nick Stavros, CEO of the Scottsdale, Arizona-based outpatient medication-assisted treatment […]
The coronavirus pandemic and massive influx of capital into the industry over the past five years have put the behavioral health industry centerstage in the proverbial play that is American health care. But the spotlight eventually attracts the microscope. The industry has and will continue to face greater scrutiny, examination, criticism and challenges than ever […]
The number of joint venture partnerships between hospitals and behavioral health care providers will continue to climb, despite the lumbering process of finalizing such a pairing. “I do think there’s been some challenges in the last year or two that have maybe slowed deals down a shade,” William Teague, managing director of VMG Health, said […]
Universal Health Services (NYSE: UHS) is enjoying robust behavioral health pricing, driven by negotiations with lower-paying payers. Steve Filton, UHS’s chief financial officer, attributed historically high behavioral health pricing to the company’s ability to leverage higher rates from lower-paying payers, naming managed Medicaid payers specifically on the company’s Q3 earnings call Friday. “In an environment […]
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