Summary: Universal Health Services Inc. Oct 03
- ID: 1872316
- October 2003
- Standard & Poors
The investment-grade ratings reflect Universal Health Services Inc.'s diverse hospital portfolio, strong positions in growing communities, and moderate financial policy, factors offset by chronic reimbursement risk. The King of Prussia, Pa.-based company operates and manages more than 90 acute-care and behavioral hospitals, ambulatory surgery centers, and specialty centers in 22 U.S. states, Puerto Rico, and France. Most of its hospitals are ranked either No. 1 or No. 2 in their markets. The combination of the company's strong market position and high growth rates in most of its markets has contributed to relatively strong same-market volume trends and strong price increase trends from commercial insurance companies. Universal's experience with targeted facility expansions in existing markets and opportunistic acquisitions has been favorable....
Companies mentioned in this report are:
- Universal Health Services Inc.
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