UHS named to Forbes' annual Global 2000 List of World’s Largest Companies
April 2023 — Universal Health Services, Inc. is a healthcare holding company, which through its subsidiaries, owns and operates acute care hospitals, behavioral health centers, outpatient facilities and ambulatory care centers. It also offers health insurance plans and physician services unit.
Universal Health Services, Inc. Ranked by Fortune Among World’s Most Admired Companies in 2023
February 1, 2023 — UHS is pleased to announce it has once again been selected by Fortune as one of the "World's Most Admired Companies" in 2023.
Marc D. Miller Recognized as One of Modern Healthcare’s 100 Most Influential People in Healthcare
December 5, 2022 — This prestigious recognition program acknowledges and honors individuals who are deemed by their peers and the senior editors of Modern Healthcare to be the most influential figures in the industry in terms of leadership and impact.
Universal Health Services, Inc. Ranks on Fortune 500 for 19th Year
June 3, 2022 — UHS was again ranked on the annual Fortune 500 list — this year at #297.
Mayor Bowser and Universal Health Services Break Ground on New Cedar Hill Regional Medical Center, GW Health at St. Elizabeths East in Ward 8, First Hospital Built in the District in Over 20 Years
February 17, 2022 — Mayor Muriel Bowser and UHS, along with George Washington University and Children’s National Hospital broke ground on the new Cedar Hill Regional Medical Center, GW Health in Ward 8 at the St. Elizabeths East Campus.
Universal Health Services, Inc. Ranked by Fortune Among World’s Most Admired Companies in 2022
February 7, 2022 — UHS announced it once again was selected by Fortune as one of the "World's Most Admired Companies" in 2022.
Valley Health System Owner UHS, BAYADA Partner to Launch ‘Valley Health at Home by BAYADA'
January 18, 2022 — UHS, owner of subsidiary The Valley Health System, which offers an integrated system of care for more than two million people in Southern Nevada, and BAYADA Home Health Care, a leading not-for-profit home health care provider, today launched Valley Health at Home by BAYADA, a joint venture partnership that will further expand integrated care delivery network capabilities into patient homes.
Universal Health Services, Inc. Ranks on Fortune 500 for 18th Year
UHS was again ranked on the annual Fortune 500 list — this year at #270.
Alan B. Miller Named America’s 2nd Longest Tenured Fortune 500 CEO
Mr. Miller, who founded Universal Health Services in 1979, has been CEO for 42 years. Under his leadership, UHS has expanded from just 6 employees to more than 90,000 in the US and United Kingdom.
UHS celebrates its 40th Anniversary
Providing superior quality care has been our primary purpose from the beginning, and the legacy we shall forever continue.
UHS ranks on Fortune 500 for 16th year
UHS ranks #293 on Fortune 500 list of America's largest corporations by revenue.
UHS named among World's Most Admired Companies by Fortune for 9th straight year
Commitment to fiscal management, quality services and investment value drive success.
UHS again ranked by Fortune among World’s Most Admired Companies in 2018
Commitment to total quality care, heroic service in tragedy and solid fiscal management drive success.
UHS opens three new behavioral health facilities
Lancaster Behavioral Health Hospital in Lancaster, Pennsylvania; Palm Point Behavioral Health in Titusville, Florida; Inland Northwest Behavioral Health in Spokane, Washington.
Alan B. Miller recognized as one of the 100 Most Influential People in Healthcare in 2018
Alan appeared at #63, up from #83 in 2017. He has appeared on the list for 16 consecutive years.
UHS announces the acquisition of The Danshell Group
Transaction adds 25 facilities in the United Kingdom for learning disability and autism services.
UHS opens five new freestanding emergency departments
Expands ER services into more communities to provide easier access to needed care.
UHS ranks on Fortune 500 for 15th year
UHS ranks #268 on Fortune 500 list of America’s largest corporations by revenue.
Alan B. Miller was named again in 2017 among the 100 Most Influential People in Healthcare
by Modern Healthcare. This is the 15th consecutive year he has earned this recognition.
UHS ranked #276 in the Fortune 500
2017 list of America’s Largest Corporations.
Forbes Recognizes UHS Among America’s Top 500 Public Companies
and ranked UHS #275. The publication also ranked UHS #960 on its Global 2000 list.
Fortune listed UHS as one of the “World’s Most Admired Companies” again in 2017
UHS is consistently named to this prestigious list, which is named by more than 15,000 senior executives, outside corporate directors and industry analysts.
Alan B. Miller named among 100 Most Influential People in Healthcare
by Modern Healthcare for the 14th consecutive year.
UHS ranked #290 in Fortune 500
listing of America’s Largest Corporations.
UHS named as one of Fortune’s World’s Most Admired Companies,
ranking 1st in social responsibility and 2nd overall in healthcare industry.
UHS announces purchase
of third-party minority ownership Interests in six acute care hospitals in Las Vegas, Nevada.
Henderson Hospital, part of The Valley Health System, opened
to serve patients on October 31.
Alan B. Miller named one of the 100 Most Influential People in Healthcare
by Modern Healthcare magazine for the 13th consecutive year.
46 UHS facilities were recognized by The Joint Commission
as Top Performers on Key Quality Measures®
UHS named to the Fortune 500
annual ranking #324 in the list of “America’s Largest Corporations” for 2015.
Alan B. Miller, Chairman and CEO , was named one of the most responsible CEOs
for 2015 by CR magazine.
UHS was one of the 136 U.S. companies to be named a Most Honored Company,
ranking at the top of the All-American Executive Team for corporate leadership and investor relations expertise by Institutional Investor, LLC.
UHS has been named to the Leadership 500 Excellence Awards 2015
by Leadership 500, a part of HR.com, the largest social networking site for HR professionals.
Steve Filton, UHS Senior Vice President and Chief Financial Officer, was recognized
in the annual listing of All-America’s Best Investor Relations, CEO, CFO and IR Professionals.
UHS is among an elite list of the 30 Most Meaningful Companies To Work For in America,
as ranked by employees, according to Business Insider magazine.
The Wall Street Journal listed Alan B. Miller, Chairman and CEO, as the third longest-tenured CEO
and recognized him for helping the company achieve a 3,715 percent total shareholder returns since 1995.
UHS was listed again this year among Fortune 500 “World’s Most Admired Companies”
UHS celebrates its 35th Anniversary
UHS is listed #324 on the Fortune 500
Alan B. Miller named one of the 100 Most Influential People in Healthcare
by Modern Healthcare magazine for the 12th consecutive year.
The Valley Health System in Las Vegas announces plans to build a sixth facility in Henderson, Nevada.
Construction is expected to begin in 2015, with completion anticipated for 2016.
Alan B. Miller, Chairman and CEO, received the "Innovation Award: Health Care CEO of the Year"
from the Philadelphia Business Journal in October 2014.
UHS was listed among the Fortune 500 “World’s Most Admired Companies”
UHS was added to the S&P 500 Index.
UHS was recognized by J.P. Morgan
as an Historical Extreme Winner among select stocks that generated the highest excess lifetime returns over the Russell 3000 Index.
46 Universal Health Services facilities are recognized by The Joint Commission
as a Top Performer on Key Quality Measures® for 2013.
Alan B. Miller, Chairman and CEO, was awarded an honorary degree of Doctor of Public Service
from the College of William and Mary in Williamsburg, Virginia.
Alan B. Miller is listed among Modern Healthcare’s
100 Most Influential People in Healthcare for the 11th consecutive year
Temecula Valley Hospital
in Temecula, California, opens.
UHS named to the Fortune 500
annual ranking of "America's Largest Corporations," ranking #337 in 2013 and on the list for the 10th time since 2003.
48 UHS facilities are recognized by The Joint Commission
as Top Performers on Key Quality Measures® for 2012.
UHS named to the FORTUNE 500
annual ranking of America's largest corporations for 2012.
Alan B. Miller named one of the 100 Most Influential People in Healthcare
by Modern Healthcare magazine for the 10th consecutive year.
31 UHS facilities are recognized as Top Performers on Key Quality Measures®
for 2011 by The Joint Commission.
UHS, Inc., completes the acquisition of Ascend Health Corporation,
adding nine freestanding inpatient psychiatric facilities to its industry-leading behavioral health portfolio.
The Alan B. Miller Pavilion at Wellington Regional Medical Center opened in October.
The innovative design of the three-story patient care center established the hospital as a premier healthcare facility.
UHS named to FORTUNE 500 annual ranking
of America's largest corporations for 2011.
UHS opens Crescent Pines Hospital,
a behavioral health facility in Stockbridge, Georgia.
UHS reaches an agreement to acquire Psychiatric Solutions, Inc.,
one of the nations largest operators of behavioral health facilities. As a result of the acquisition, completed in November 2010, UHS' annual revenue exceeds $7 billion.
UHS opens Palmdale Regional Medical Center
in Palmdale, California to replace the company's Lancaster Community Hospital.
Marc D. Miller is appointed President
of Universal Health Services, Inc.
UHS opens Springwoods Behavioral Health
in Fayetteville, Arkansas and acquires Centennial Peaks Psychiatric Hospital near Boulder, Colorado.
UHS celebrates its 30th Anniversary
Centennial Hills Hospital Medical Center opens,
giving UHS its fifth acute care facility in Las Vegas.
Alan B. Miller named one of the "100 Most Powerful People in Healthcare"
by Modern Healthcare magazine for the sixth consecutive year.
UHS opens Central Florida Behavioral Hospital and Sea Harbor Center
in Orlando, Florida. UHS also acquires SummitRidge Behavioral Health Hospital in Georgia.
UHS acquires Texoma Healthcare System
in Denison, Texas, and new replacement facility is planned.
The company forms UHS Building Solutions, Inc.,
to build better quality hospitals for third parties at lower cost.
UHS acquires Dover Behavioral Health System
in Delaware, Foundations Behavioral Health in Pennsylvania and Cottonwood Treatment Center in Utah.
UHS opens the Highlands Behavioral Health System
in Littleton, Colorado, the first behavioral startup in the United States since the 1990s.
Acquisitions of three other psychiatric facilities:
Cedar Ridge Behavioral Health, Oklahoma City, Oklahoma; Academy at Canyon Creek, Provo, Utah; Lincoln Trail Behavioral Health, Louisville, Kentucky.
Hurricane Katrina hits New Orleans.
UHS establishes UHS Foundation to help affected employees.
The company acquires Keys Group Holding (Keystone),
consisting of 46 facilities, including residential centers and specialized schools.
UHS is number 10 among the "Top 100 Places to Work in IT"
by Computerworld magazine.
UHS purchases Stonington Institute
in Connecticut as well as four facilities from the Keys Group Holdings Companies.
The company completes the acquisition of NorthStar Behavioral Health System and Good Samaritan Counseling Center
in Anchorage, Alaska as UHS' first behavioral health facilities outside of the lower 48 states.
UHS makes the Fortune 500 for the first time,
with a rank of 468.
UHS named to the Wall Street Journal's Shareholder Scoreboard
as the best performing stock among healthcare providers from 1992 to 2002.
Opening of the new replacement facility
for the George Washington University Hospital.
The Wall Street Journal names UHS as best performing
healthcare stock over 10 years.
UHS adds Westwood and Pembroke Hospitals
in Massachusetts as well as San Juan Capestrano Hospital in San Juan, Puerto Rico.
UHS acquires 12 behavioral health facilities
out of the Charter bankruptcy.
Alan B. Miller receives the first "Lifetime Achievement Award"
from the Federation of American Health Systems.
UHS acquires
Hampton Behavioral Health Center, Hartgrove Hospital and the Midwest Center for Youth and Families from The Cooper Companies.
UHS acquires the George Washington University Hospital
in a partnership with the University.
UHS introduces Service Excellence program
to focus on making patients the first priority.
UHS acquires Northwest Texas Healthcare System
to establish a presence in the Amarillo area.
UHS introduces Employee Stock Purchase Plan.
Annual Revenues: $1.2 billion
UHS acquires four additional behavioral health facilities
from First Hospital Corporation bringing the Behavioral Health Division to seventeen operations.
UHS acquires Manatee Memorial Hospital
and Aiken Regional Medical Centers.
Inland Valley Hospital Medical Center chosen as one of the Top 100 Hospitals
in the country by Modern Healthcare magazine.
Alan B. Miller is named "CEO of the Year For the Health Service Industry"
by Financial World magazine.
Alan B. Miller is named "CEO of the Year For the Health Service Industry"
by Financial World magazine.
Annual revenues exceed $500 million
for the first time.
UHS creates Universal Health Realty Income Trust (UHT).
UHS acquires and builds a new McAllen Medical Center
in McAllen, Texas moving into the South Texas marketplace.
Company revenues continue to grow,
prompting analysts to describe UHS as a well-managed company capable of benefiting from fixed payment diagnostic related groups (DRGs) that had been introduced by Medicare in 1982.
The company purchases Qualicare, Inc.,
for more than $100 million. The purchase included seven acute care hospitals and four psychiatric hospitals, giving the company its entry into the behavioral health market.
Company revenues continue to grow,
marking the first time a not-for-profit religious organization sells hospitals to a for-profit organization.
UHS holds its Initial Public Offering.
Analysts offer positive recommendations for the IPO because of significant and successful experience that company managers have had with UHS and with American Medicorp.
Universal Health Services, Inc. begins in King of Prussia, Pa.
The company is founded by Alan B. Miller, with a team of executives who had worked together at American Medicorp.
UHS signs first management contract with Waupun Memorial Hospital
in Waupun, Wisconsin. Within 18 months of its founding, UHS would own four hospitals and have management contracts with two additional hospitals.
UHS acquires its first hospital:
Doctor's Hospital of Hollywood in Florida.
UHS enters Las Vegas with the purchase of Valley Hospital,
which has been part of UHS longer than any other hospital in the system. The acquisition gives UHS its entry into the growing southeast Nevada marketplace.
Annual revenues: $250 million