King of Prussia, PA (April 6, 2023) — Universal Health Services (NYSE: UHS), one of the nation’s largest and most respected providers of hospital and healthcare services, has issued its 2022 Annual Report and Environmental, Social and Governance (ESG) Profile entitled An Expanding Network of Care. The Report summarizes the key accomplishments for the year, division updates, progress on capital growth and development, and accolades earned across the enterprise.
During 2022, UHS facilities cared for over 3.4 million patients and generated revenues of $13.4 billion, an increase of 6% over the prior year. Additional highlights include:
- The Acute Care Division had 312,000 inpatient admissions, 1.6 million patient days, 1.1 million outpatient visits, 33,750 deliveries and continued to expand its 7 Accountable Care Organizations.
- The Behavioral Health Division served over 730,000 patients, had 6.2 million patient days, and added 391 inpatient beds at new and existing facilities in the U.S. The Patriot Support Programs continued with 19 UHS facilities offering specialized care to military servicemembers.
Similar to the previous year, the Report includes an expanded section outlining the company’s practices and achievements as related to ESG. Since acquiring its first hospital in 1979, UHS has been strongly committed to delivering on its mission to provide superior quality healthcare services that: patients recommend to family; physicians prefer for their patients; purchasers select for their clients; employees are proud of; and investors seek for long-term returns. We are proud of our reputation as a trusted healthcare provider and a valued partners in each of our local communities.
About Universal Health Services
One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. has built an impressive record of achievement and performance. Growing steadily since our inception into an esteemed Fortune 500 corporation, our annual revenues during 2022 were approximately $13.4 billion. In 2022, UHS was again recognized as one of the World’s Most Admired Companies by Fortune; ranked #297 on the Fortune 500; and ranked #391 among U.S. companies on Forbes Global 2000 World’s Largest Public Companies.
Our 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.
Headquartered in King of Prussia, PA, UHS has approximately 94,000 employees and through its subsidiaries operates 28 inpatient acute care hospitals, 331 inpatient behavioral health facilities, 39 outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located in 39 U.S. states, Washington, D.C., Puerto Rico and the United Kingdom. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE:UHT).