UHS TARGETS RAPIDLY GROWING MARKETS AND LOOKS BEYOND ACUTE-CARE
By Beth Mattson-Teig
Universal Health Services (NYSE: UHS) has earned a reputation as a company that is willing to tolerate the risks associated with expanding into new service areas and new markets.
Founded in 1978, King of Prussia, Pa.-based UHS is one of the nation’s largest healthcare management companies. The firm operates 49 facilities, including acute-care hospitals and behavioral health, ambulatory surgery and radiation oncology centers in 20 states.
“The thing that is different about them is that they have consistently been interested in looking at asset classes other than just acute-care in-patient hospitals,” says Gary Taylor, managing director, equity research at New York-based Banc of America Securities.
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