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Universal Health Services news and information

News
Hospital chain CEOs exercise stock options as shares rebound
By Beth Kutscher | April 09, 2013 | Basic Web Basic Web Subscription Details
As acute-care hospital chains saw their stock prices climb last year, more CEOs exercised stock options—leading to a boost in overall compensation despite more modest pay packages.
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News
HHS' inspector general probes UHS behavioral facilities
By Beth Kutscher | March 04, 2013 | Basic Web Basic Web Subscription Details
Universal Health Services, King of Prussia, Pa., is facing an inquiry from HHS' inspector general's office into the operations of several behavioral health facilities.
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News
Mental health legislation could boost behavioral firms
By Beth Kutscher | February 13, 2013 | Basic Web Basic Web Subscription Details
The debate over stronger gun control measures could boost behavioral health companies if any legislation includes provisions for expanded mental health services.
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Magazine
Dr. Lynda Ann Smirz named chief medical officer of Universal Health's acute-care division, and other news
By Modern Healthcare | January 26, 2013 | Print Magazine Print Magazine Subscription Details
Universal Health Services, King of Prussia, Pa., named Dr. Lynda Ann Smirz to the newly created role of VP and chief medical officer of its acute-care division. Smirz, who joined UHS in January, previously was VP of surgical services and CMO for Indiana University Health North Hospital,...
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News
UHS wins $6.89 million verdict against ex-employees, Acadia Healthcare
By Beth Kutscher | December 22, 2012 | Basic Web Basic Web Subscription Details
Universal Health Services, King of Prussia, Pa., has won a $6.89 million jury verdict against five former employees and the company they now work for, Acadia Healthcare, Franklin, Tenn.
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Magazine
Regional News/West: Universal Health buys Ascend Health for $517 million, and other news
By Modern Healthcare | October 13, 2012 | Print Magazine Print Magazine Subscription Details
SANTA TERESA, N.M.—Universal Health Services, King of Prussia, Pa., has completed its $517 million acquisition of behavioral health firm Ascend Health Corp., New York, after agreeing to sell off a New Mexico facility to resolve antitrust concerns raised by the Federal Trade Commission.
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News
HUD backs loan for construction of New Orleans hospital
By Paul Barr | October 02, 2012 | Basic Web Basic Web Subscription Details
The Housing and Urban Development Department issued a commitment to insure a $96.7 million mortgage loan for the construction of New Orleans East Hospital, a public hospital being built on the site of a hospital closed by Hurricane Katrina.
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Modern Physician
Smith named Parkland interim CEO
By Paul Barr | August 15, 2012
The Parkland Health & Hospital System, Dallas, named Robert Smith interim CEO, taking over from Dr. Thomas Royer, whose contract expires at the end of the month.
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News
Feds let sale of Wash. hospital proceed
By Ashok Selvam | June 26, 2012 | Basic Web Basic Web Subscription Details
The Federal Trade Commission granted antitrust clearance for the sale of 120-bed Auburn (Wash.) Regional Medical Center to three-hospital MultiCare Health System of Tacoma, Wash.
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Magazine
Something for everyone | For-profits could benefit from Illinois charity law
By Beth Kutscher | June 09, 2012 | Print Magazine Print Magazine Subscription Details
New rules in Illinois that would link hospitals' state and property tax exemptions to their charity-care levels also gave an unusual nod to for-profit providers.
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