Universal Health Services news and information

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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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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Universal Health Services announced plans to acquire behavioral health company Ascend Health Corp. in a deal valued at $517 million.
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As healthcare construction costs continue to escalate, it's become generally accepted that typical general acute-care hospitals will cost about $1 million a bed—except in California.
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Publicly traded hospital groups marked a first quarter that continued to see shrinking volumes and reduced reimbursement, but was boosted by outpatient growth and payments from the CMS.
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Dr. Lois Margaret Nora, interim president and dean of the Commonwealth Medical College, Scranton, Pa., was named president and CEO of the Chicago-based American Board of Medical Specialties, effective June 29. Nora, 56, will succeed Lloyd Morgan, who has been the organization's...
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Two years after Joey Jacobs sold Psychiatric Solutions to rival Universal Health Services, the former CEO's latest venture, Acadia Healthcare, is being sued for allegedly poaching talent from his old company.
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SACRAMENTO, Calif.—The UC Davis Health System recently signed a telehealth research collaboration agreement with the Mexican state of Sinaloa.
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Hospital company stocks fell amid a broader up market on the heels of a new report that predicts tough times ahead in 2012 for hospitals and related companies reliant on government spending.
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Universal Health Services, King of Prussia, Pa., closed on its sale of 80-bed Montevista Hospital and 21-bed Red Rock Behavioral Health Hospital, both in Las Vegas, to Strategic Behavioral Health, Memphis, Tenn., on Jan. 1, according to James Shaheen, president of Strategic Behavioral Health.
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