King of Prussia, PA (April 4, 2024) — Universal Health Services (NYSE: UHS), one of the nation’s largest and most respected providers of hospital and healthcare services, has published its 2023 Annual Report titled, “Leading with Purpose.”
During 2023, through its network of subsidiaries, UHS cared for nearly 3.6 million patients; employed 96,700 employees globally; and generated revenues of $14.3 billion, an increase of 7% over the prior year. Additional highlights include:
- The Acute Care Division had 322,200 inpatient admissions, 1.6 million patient days, 1.6 million ER visits, 34,000 deliveries and continued to expand its seven Accountable Care Organizations.
- The Behavioral Health Division served approximately 730,000 patients, had 5.4 million patient days in the U.S., and added 168 inpatient beds at new and existing facilities in the U.S. The Patriot Support Programs provided specialized care to over 17,500 active-duty military personnel, veterans and family members at 33 facilities.
Coinciding with publication of its 2023 Annual Report, UHS announces the online publication of its 2023 Sustainability Report, outlining the company’s practices and achievements in key areas including patient focus, workforce, community partnership, environment and governance.
UHS’ sustainability efforts are an extension of its commitment to doing business right and are reflected in its day-to-day operations.
2024 marks the 45th anniversary of the company. 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 partner in each of our local communities.
View and download the 2023 Annual Report →
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, annual revenues during 2023 were approximately $14.3 billion. In 2023, UHS was again recognized as one of the World’s Most Admired Companies by Fortune; and in 2022, ranked #311 on the Fortune 500; and ranked #434 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 96,700 employees and through its subsidiaries operates 27 inpatient acute care hospitals, 333 inpatient behavioral health facilities, 40+ 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).
