UHS ranks #268 on Fortune 500 list of America’s corporations by revenue
KING OF PRUSSIA, Pa., May 24, 2018 — Universal Health Services, Inc. (NYSE: UHS), one of the largest providers of acute and behavioral healthcare in America, is pleased to announce it has again elevated its ranking on the Fortune 500 list. This year, UHS ranked 268, up from 276 in 2017. The Fortune 500 list ranks corporations in the United States based on total revenue and is an industry standard in ranking America’s largest companies.
“I am pleased to see our ranking has improved on the Fortune 500 list for nearly a decade, an accomplishment I attribute to our ever-expanding role in providing exceptional quality care to patients across America with a focus on delivering successful patient outcomes,” said Alan B. Miller, Founder, Chairman and CEO of UHS.
The Fortune 500 list is one of the most widely recognized corporate revenue ranking lists in the world, and this year marked the 64th publication of the annual ranking. UHS has been ranked on the list for 15 years and improved its ranking every year since 2011.
“Being a member of the Fortune 500 for so many years is a testament to the strength of our company and our extraordinary growth during that period,” said Miller. “As long as we continue to meet the needs of our patients, seek opportunities to innovate in the delivery of care and honor the service of our team members, UHS will continue to be successful.”
In 2018, Fortune 500 companies combined to produce two-thirds of the U.S. GDP with $12.8 trillion in revenues, $1.0 trillion in profits and $21.6 trillion in market value. All told, the Fortune 500 companies employed 28.2 million people globally in 2018
Methodology for the Fortune 500
Fortune ranks companies by their total revenues from the respective fiscal year. The ranking includes companies that are incorporated and operate in the United States and file financial statements with a U.S. government agency. Revenues figures for each ranked corporation are as listed and include any revenue from discontinued operations at the time of publication. The data shown is derived from the fiscal year ending on or before January 31, 2018. Unless otherwise noted, all revenue and other data figures are derived from the year ending December 31, 2017. The full list can be seen here.
About Universal Health Services, Inc.
One of the nation’s largest and most respected hospital companies, Universal Health Services, Inc. (NYSE: UHS) has built an impressive record of achievement and performance. Growing steadily since its inception into an esteemed Fortune 500 corporation, UHS today has annual revenues of $10 billion. In 2018, UHS was recognized as one of the World’s Most Admired Companies by Fortune, ranked #268 on the Fortune 500; and in 2017, listed #275 in Forbes’ inaugural ranking of America’s Top 500 Public Companies.
Our operating philosophy is as effective today as it was 40 years ago, enabling us to provide compassionate care to our patients and their loved ones: Build or acquire high quality hospitals in rapidly growing markets, invest in the people and equipment needed to allow each facility to thrive, and become the leading healthcare provider in each community we serve.
Headquartered in King of Prussia, PA, UHS has more than 83,000 employees and through its subsidiaries operates more than 326 inpatient acute care hospitals and behavioral health facilities, and 32 outpatient and other facilities in the United States, Puerto Rico, and the United Kingdom.