Behavioral health providers largely opt to lease real estate instead of buying it in order to maximize capital going into operations. That’s where investors often say they can get the most return for their investment, and where providers say they can best address patient needs. This happens to such a degree that the behavioral health […]
Universal Health Services’ (NYSE: UHS) behavioral health and acute care business segments could be more connected in the future. While the two segments have largely remained siloed, the move towards holistic care could give the publicly traded company leverage in the future. “To be perfectly candid, historically our two business segments have not enjoyed a […]
A lot is riding on whether or not digital behavioral health operators will be able to solve the challenge of high customer acquisition costs. Last year, investors poured $5.5 billion of capital into digital operators’ coffers. Yet high customer acquisition costs remain a largely unresolved concern that could limit digital behavioral health’s promise of speeding […]
Universal Health Services Inc. (NYSE: UHS) is doubling down on its reimbursement rate strategy. Company leadership warns payers to keep up with inflation or elsewhere. On July 26, the King Of Prussia, Pennsylvania-based acute care and behavioral health system operator held its second-quarter earnings conference call. During the call, UHS CFO Steve Filton said some […]
King Of Prussia, Pennsylvania-based Universal Health Services Inc. (NYSE: UHS) estimates that its annual earnings will be about 19% lower than originally projected. On Thursday, UHS released new, lower annual revenue and earnings estimates after seeing significantly lower than expected profitability in April and May. The shortfall was “due primarily to lower than expected patient […]
Universal Health Systems Inc. (NYSE: UHS) will likely continue its strategy of tough talk with low-paying health plans, as long as the workforce situation in its behavioral health segment improves. UHS Chief Financial Officer Steve Filton said this approach could be sustainable and that it has already found “some degree of success.” However, the success […]
With behavioral health capacity shortages on the rise, Universal Health Services Inc. (NYSE: UHS) is telling payers to keep up with reimbursement trends – or go elsewhere. The message is an important shift in behavioral health-payer relations that reflects the current operating environment. It’s also one being echoed across the health care sector, with home […]
Nagging workforce issues may scuttle Universal Health Services Inc.’s (NYSE: UHS) financial projections for 2022. The company’s financial forecasts predicted that the massive increase in labor costs would begin to abate in 2022: It has not. Increased spending on wages for staffing agency workers, driven by COVID-19 and a prevailing workforce shortage, stymied both revenues […]
Behavioral health mergers and acquisitions have generated much buzz in the last couple of years, as dealmaking has reached record levels. However, some other providers are choosing to scale up operations by going a different route — joint ventures (JVs). Acadia Healthcare (Nasdaq: ACHC) and Universal Health Systems (NYSE: UHS) – two of the biggest […]
The startup Eleos Health announced Tuesday that it landed $20 million in Series A funding. The company — which has offices in Boston and Tel Aviv, Israel — casts itself as an integrated “CareOps Automation” provider for behavioral health providers that uses voice AI to interpret the conversation of patients and providers to generate post-session […]
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