Universal Health Services
Industry: Healthcare Facilities

Universal Health Services, Inc. owns and operates acute care hospitals, behavioral health centers, ambulatory surgery centers, radiation oncology centers and women's centers. The Company operates 73 hospitals, consisting of 35 acute care hospitals and 38 behavioral health centers located in Arkansas, California, Delaware, the District of Columbia, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Massachusetts, Michigan, Mississippi, Missouri, Nevada, New Jersey, Oklahoma, Pennsylvania, Puerto Rico, South Carolina, Tennessee, Texas, Utah, Washington and France. Universal Health, as part of its Ambulatory Treatment Centers Division, owns outright or in partnership with physicians, and operates or manages, 23 surgery and radiation oncology centers located in 12 states.

Business Summary
Universal Health Services Inc. owns and operates, through its subsidiaries, acute care hospitals, behavioral health centers, and ambulatory surgery and radiation oncology centers. As of March 1, 2005, the Company operated 44 acute care hospitals and 49 behavioral health centers located in 23 states, Washington, DC, Puerto Rico and France. As part of its ambulatory treatment centers division, the Company manages and owns outright or in partnership with physicians, 12 surgery and radiation oncology centers located in seven states and Puerto Rico. Services provided by Universal Health's hospitals include general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services and behavioral health services.

Financial Summary
Universal Health Services is engaged principally in owning & operating acute care hospitals, behavioural health centers, ambulatory surgery centers and radiation oncology centers. For the 6 months ended 6/30/05, revenues rose 10% to $2B. Net income from cont. opts. rose 5% to $91.3M. Results reflect growth in inpatient admissions & patient days in both acute care hospitals & behavioral healthcare facilities, partially offset by higher operating expenses.