UHS co-opens two behavioral hospitals Universal Health Services (NYSE: UHS) has opened two new behavioral health hospitals as a result of recent partnerships. One of those is a new specialty facility in Clive, Iowa. Clive Behavioral Hospital is a partnership between UHS and Iowa-based health care provider MercyOne. The hospital spans 83,000 square feet and […]
Universal Health Services
Last year was one of the toughest in recent history for behavioral health care providers, who dealt with unprecedented financial strain and sky-high demand. Despite those challenges, the industry also scored a number of important wins in 2020, from being granted several important regulatory flexibilities to finally being recognized as vitally important to the healthcare […]
The past year has been a rough one for behavioral health providers, with COVID-19 decreasing organizations’ revenues, while increasing their costs. Even industry powerhouses like Universal Health Services (NYSE: UHS) have felt the virus’s impact. But company leaders at the behavioral health giant say they’re starting to see the light at the end of the […]
In January, Universal Health Services (NYSE: UHS) will welcome its first new CEO in more than 40 years. Alan Miller has been at the helm of the company since he founded it back in 1979. Since then, he’s grown the business into one of the nation’s largest hospital management organizations, with 330 facilities across two […]
Nearly eight months after the coronavirus first swept the country, Universal Health Services (NYSE: UHS) is still feeling the headwinds of COVID-19. At its behavioral health facilities on a same facility basis, UHS saw admissions decrease 5.6% year-over-year in Q3, while adjusted patient days decreased 3.6% as compared to the third quarter of 2019. Despite […]
Universal Health Services (NYSE: UHS) has tapped an Aetna alum to be the new chief medical officer for its behavioral health division. UHS announced Monday that Mark Friedlander, a psychiatrist and MBA, would fill the role. Headquartered in King of Prussia, Pennsylvania, UHS has 328 behavioral health facilities spread across the US, Puerto Rico and […]
U.S. Sen. Mark Warner (D-Va.) is asking Universal Health Services (NYSE: UHS) to answer for a recent cyberattack that affected the hospital company’s 400 or so U.S.-based facilities back in September. Specifically, Sen. Warner is requesting that UHS provide details on the company’s vulnerability management process, third-party risk management policies and cybersecurity protections, as well […]
Universal Health Services (NYSE: UHS) has restored its IT network after a cyberattack caused the hospital company to take systems offline a little more than a week ago. UHS announced the news Monday in a statement, saying it’s in the process of reconnecting its applications. “The recovery process has been completed for all servers at […]
Universal Health Services (NYSE: UHS) says its network is being restored after a malware attack in the early morning of Sept. 27. “We have a large number of corporate-level administrative systems, and the recovery process is either complete or well underway in a prioritized manner,” UHS said Thursday in a statement. “We are making steady […]
Universal Health Services (NYSE: UHS) has taken its IT network offline at US facilities following a “security incident caused by malware,” the company announced Tuesday. Meanwhile, NBC News reported that the hospital company is the victim of “what appears to be one of the largest medical cyberattacks in United States history.” Headquartered in King of […]
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