Universal Health Services, an investor-owned company with both acute-care and behavioral health hospitals, has acquired Desert View Regional Medical Center, a 25-bed hospital in Pahrump, Nev.
The deal will expand the system's acute-care services further into Nevada. UHS currently operates six acute-care hospitals in Las Vegas and the Northern Nevada Medical Center in Sparks, Nev.
“This acquisition reflects our focused efforts to invest and expand in our existing markets,” said Alan Miller, CEO of UHS.
The system is also opening a new hospital in Henderson, Nev., later this year, according to a news release.
Desert View includes two surgical suites, an emergency room, a diagnostic imaging center and labs. Financial terms of the purchase were not disclosed.
UHS operates more than 240 acute-care hospitals and behavioral health facilities in 37 states. Its revenue increased 7%, or $156 million, to $2.43 billion in the quarter that ended June 30 compared with the same quarter a year ago, according to its most recent earnings report. Net income was $185.6 million, up 1.8% over the year-ago quarter.