The investment-grade ratings on King of Prussia, Penn.-based Universal Health Services Inc. (Universal) reflect its moderately diverse hospital portfolio, reasonably strong positions in growing communities, and a conservative financial policy that has helped it maintain an intermediate financial risk profile for several years. Universal owns and/or operates 29 acute-care hospitals and 113 behavioral health centers in 32 states, Washington D.C., and Puerto Rico. In addition, Universal manages, owns, or has a partnership interest in 11 surgical hospitals and surgery and radiation oncology centers in six states and Puerto Rico. Another two acute-care hospitals are under construction. Four hospitals located in Louisiana remain closed and nonoperational since Hurricane Katrina. Universal has reasonably strong operations in attractive markets that are expanding, on...
Companies mentioned in this report are:
- Universal Health Services Inc.
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