array(3) { ["company_details"]=> array(13) { ["name"]=> string(31) "Universal Health Services, Inc." ["slug"]=> string(38) "0354a-us-universal-health-services-inc" ["logo"]=> string(84) "https://images.businessradar.com/linkedin_logos/2086c5a1-7800-45dc-ba37-029c1d3c25be" ["description"]=> string(1549) "One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. has built an impressive record of achievement and performance. Growing steadily since our inception into an esteemed Fortune 500 corporation, our annual revenues during 2022 were approximately $13.4 billion. In 2023, UHS was again recognized as one of the World’s Most Admired Companies by Fortune; ranked #311 on the Fortune 500; and in 2022, ranked #391 among U.S. companies on Forbes Global 2000 World’s Largest Public Companies. Our operating philosophy is as effective today as it was upon the Company’s founding in 1979, enabling us to provide compassionate care to our patients and their loved ones. Our strategy includes building or acquiring high quality hospitals in rapidly growing markets, investing in the people and equipment needed to allow each facility to thrive, and becoming the leading healthcare provider in each community we serve. Headquartered in King of Prussia, PA, UHS has approximately 94,000 employees and through its subsidiaries operates 28 inpatient acute care hospitals, 331 inpatient behavioral health facilities, 39 outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located in 39 U.S. states, Washington, D.C., Puerto Rico and the United Kingdom. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE:UHT). For additional information visit www.uhs.com." ["address_street"]=> string(14) "367 S Gulph Rd" ["address_place"]=> string(15) "King OF Prussia" ["address_region"]=> string(12) "Pennsylvania" ["founding_date"]=> string(10) "1978-02-13" ["website_domain"]=> string(7) "uhs.com" ["website_url"]=> string(15) "https://uhs.com" ["industry_codes"]=> array(5) { [0]=> string(42) "Offices and Clinics of Doctors of Medicine" [1]=> string(38) "General Medical and Surgical Hospitals" [2]=> string(21) "Psychiatric Hospitals" [3]=> string(57) "Specialty Outpatient Facilities, Not Elsewhere Classified" [4]=> string(19) "Management Services" } ["employee_count"]=> int(75) ["article_count"]=> int(895) } ["articles"]=> array(9) { [0]=> array(7) { ["title_en"]=> string(62) "Universal Health Settles Workplace Violence Citation Challenge" ["snippet_en"]=> string(175) "Universal Health Services Inc. has reached a settlement with the federal government in a four-year-old legal battle over workplace violence allegations at a Colorado hospital." ["url"]=> string(99) "https://news.bloomberglaw.com/safety/universal-health-settles-workplace-violence-citation-challenge" ["image_url"]=> string(78) "https://images.businessradar.com/articles/19079abf-d304-493b-951d-3cf487e746af" ["source"]=> string(16) "bloomberglaw.com" ["publication_date"]=> string(10) "2023-05-10" ["categories"]=> array(3) { [0]=> string(16) "Case Settlements" [1]=> string(21) "Government Connection" [2]=> string(5) "Legal" } } [1]=> array(7) { ["title_en"]=> string(66) "Universal Health’s $12.5 Million 401(k) Deal Clears First Hurdle" ["snippet_en"]=> string(223) "Universal Health Services Inc.'s $12.5 million settlement in a lawsuit challenging its 401(k) plan fees scored early approval from a federal judge five months after the company failed to have the 60,000-person class undone." ["url"]=> string(114) "https://news.bloomberglaw.com/health-law-and-business/universal-healths-12-5-million-401k-deal-clears-first-hurdle" ["image_url"]=> string(78) "https://images.businessradar.com/articles/a4853d3a-0bf3-4ac9-ae84-2f52997903bb" ["source"]=> string(16) "bloomberglaw.com" ["publication_date"]=> string(10) "2022-11-02" ["categories"]=> array(4) { [0]=> string(16) "Case Settlements" [1]=> string(18) "Expansion & Growth" [2]=> string(10) "Litigation" [3]=> string(5) "Legal" } } [2]=> array(7) { ["title_en"]=> string(63) "Universal Health Services to settle ERISA suit over 401(k) fees" ["snippet_en"]=> string(110) "Universal Health Services agreed to settle an ERISA complaint over 401(k) plan fees and investment selections." ["url"]=> string(90) "https://www.pionline.com/courts/universal-health-services-settle-erisa-suit-over-401k-fees" ["image_url"]=> string(78) "https://images.businessradar.com/articles/43c6fd77-baa7-4428-aa80-fcc6c5424bf9" ["source"]=> string(12) "pionline.com" ["publication_date"]=> string(10) "2022-09-29" ["categories"]=> array(2) { [0]=> string(16) "Case Settlements" [1]=> string(5) "Legal" } } [3]=> array(7) { ["title_en"]=> string(63) "Universal Health to Settle 401(k) Suit After Third Circuit Loss" ["snippet_en"]=> string(251) "Universal Health Services Inc. will settle a 60,000-person class action challenging its retirement plan fees, the parties told the Pennsylvania federal judge tasked with hearing the case, after the company’s unsuccessful appeal to the Third Circuit." ["url"]=> string(102) "https://news.bloomberglaw.com/litigation/universal-health-to-settle-401k-suit-after-third-circuit-loss" ["image_url"]=> string(78) "https://images.businessradar.com/articles/b4d250a2-d659-4d1b-a8ed-0fc5c9497189" ["source"]=> string(16) "bloomberglaw.com" ["publication_date"]=> string(10) "2022-09-29" ["categories"]=> array(4) { [0]=> string(16) "Case Settlements" [1]=> string(10) "Litigation" [2]=> string(5) "Legal" [3]=> string(46) "Management of Legal and Regulatory Environment" } } [4]=> array(7) { ["title_en"]=> string(65) "Allianz ban, Wells Fargo DC settlement among top Q2 legal stories" ["snippet_en"]=> string(251) "During the second quarter of 2022, 33 ERISA-related lawsuits were filed and/or updated. During the second quarter of 2022, 30 stories were written on Russia’ s invasion of Ukraine and non-ERISA lawsuits that involve legal prosecution or settlements," ["url"]=> string(96) "https://www.pionline.com/rcblog/allianz-ban-wells-fargo-dc-settlement-among-top-q2-legal-stories" ["image_url"]=> NULL ["source"]=> string(12) "pionline.com" ["publication_date"]=> string(10) "2022-07-12" ["categories"]=> array(4) { [0]=> string(16) "Case Settlements" [1]=> string(3) "War" [2]=> string(10) "Litigation" [3]=> string(5) "Legal" } } [5]=> array(7) { ["title_en"]=> string(63) "Universal Health Shareholders Want Derivative Settlement OK’d" ["snippet_en"]=> string(238) "Universal Health Services Inc. and shareholders who say company leadership pushed to increase patient admissions regardless of medical need asked a federal judge in Pennsylvania Wednesday for initial approval of their non-cash settlement." ["url"]=> string(105) "https://news.bloomberglaw.com/securities-law/universal-health-shareholders-want-derivative-settlement-okd" ["image_url"]=> string(78) "https://images.businessradar.com/articles/1f9c3d5f-a30f-4ad1-af1d-eb10a66e9bc2" ["source"]=> string(16) "bloomberglaw.com" ["publication_date"]=> string(10) "2021-09-22" ["categories"]=> array(5) { [0]=> string(21) "Shareholders Feedback" [1]=> string(16) "Case Settlements" [2]=> string(11) "Derivatives" [3]=> string(25) "Leadership and Governance" [4]=> string(5) "Legal" } } [6]=> array(7) { ["title_en"]=> string(146) "Saxena White P.A. Announces Preliminary Approval Granted in Class Action Settlement Involving Purchasers of Universal Health Services Common Stock" ["snippet_en"]=> string(155) "/PRNewswire/ -- UNITED STATES DISTRICT COURT EASTERN DISTRICT OF PENNSYLVANIA TEAMSTERS LOCAL 456 PENSION FUND, et al., Plaintiffs, vs. UNIVERSAL HEALTH..." 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Universal Health Services, Inc.

Location

Pennsylvania

Founded

1978-02-13

Website

https://uhs.com

Articles

895 Articles

Category

Offices and Clinics of Doctors of Medicine

General Medical and Surgical Hospitals

Psychiatric Hospitals

Specialty Outpatient Facilities, Not Elsewhere Classified

Management Services

Description

One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. has built an impressive record of achievement and performance. Growing steadily since our inception into an esteemed Fortune 500 corporation, our annual revenues during 2022 were approximately $13.4 billion. In 2023, UHS was again recognized as one of the World’s Most Admired Companies by Fortune; ranked #311 on the Fortune 500; and in 2022, ranked #391 among U.S. companies on Forbes Global 2000 World’s Largest Public Companies. Our operating philosophy is as effective today as it was upon the Company’s founding in 1979, enabling us to provide compassionate care to our patients and their loved ones. Our strategy includes building or acquiring high quality hospitals in rapidly growing markets, investing in the people and equipment needed to allow each facility to thrive, and becoming the leading healthcare provider in each community we serve. Headquartered in King of Prussia, PA, UHS has approximately 94,000 employees and through its subsidiaries operates 28 inpatient acute care hospitals, 331 inpatient behavioral health facilities, 39 outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located in 39 U.S. states, Washington, D.C., Puerto Rico and the United Kingdom. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE:UHT). For additional information visit www.uhs.com.

Articles

Universal Health Settles Workplace Violence Citation Challenge

2023-05-10 (bloomberglaw.com)

Universal Health Settles Workplace Violence Citation Challenge

Universal Health Services Inc. has reached a settlement with the federal government in a four-year-old legal battle over workplace violence allegations at a Colorado hospital.

Read more
Universal Health’s $12.5 Million 401(k) Deal Clears First Hurdle

2022-11-02 (bloomberglaw.com)

Universal Health’s $12.5 Million 401(k) Deal Clears First Hurdle

Universal Health Services Inc.'s $12.5 million settlement in a lawsuit challenging its 401(k) plan fees scored early approval from a federal judge five months after the company failed to have the 60,000-person class undone.

Read more
Universal Health Services to settle ERISA suit over 401(k) fees

2022-09-29 (pionline.com)

Universal Health Services to settle ERISA suit over 401(k) fees

Universal Health Services agreed to settle an ERISA complaint over 401(k) plan fees and investment selections.

Read more
Universal Health to Settle 401(k) Suit After Third Circuit Loss

2022-09-29 (bloomberglaw.com)

Universal Health to Settle 401(k) Suit After Third Circuit Loss

Universal Health Services Inc. will settle a 60,000-person class action challenging its retirement plan fees, the parties told the Pennsylvania federal judge tasked with hearing the case, after the company’s unsuccessful appeal to the Third Circuit.

Read more
Allianz ban, Wells Fargo DC settlement among top Q2 legal stories

2022-07-12 (pionline.com)

Allianz ban, Wells Fargo DC settlement among top Q2 legal stories

During the second quarter of 2022, 33 ERISA-related lawsuits were filed and/or updated. During the second quarter of 2022, 30 stories were written on Russia’ s invasion of Ukraine and non-ERISA lawsuits that involve legal prosecution or settlements,

Read more
Universal Health Shareholders Want Derivative Settlement OK’d

2021-09-22 (bloomberglaw.com)

Universal Health Shareholders Want Derivative Settlement OK’d

Universal Health Services Inc. and shareholders who say company leadership pushed to increase patient admissions regardless of medical need asked a federal judge in Pennsylvania Wednesday for initial approval of their non-cash settlement.

Read more
Saxena White P.A. Announces Preliminary Approval Granted in Class Action Settlement Involving Purchasers of Universal Health Services Common Stock

2021-04-12 (prnewswire.com)

Saxena White P.A. Announces Preliminary Approval Granted in Class Action Settlement Involving Purchasers of Universal Health Services Common Stock

/PRNewswire/ -- UNITED STATES DISTRICT COURT EASTERN DISTRICT OF PENNSYLVANIA TEAMSTERS LOCAL 456 PENSION FUND, et al., Plaintiffs, vs. UNIVERSAL HEALTH...

Read more
Attorney General Fox Announces Multi-State Settlement with Behavioral Healthcare Corporation

2020-07-21 (einnews.com)

Attorney General Fox Announces Multi-State Settlement with Behavioral Healthcare Corporation

Attorney General Tim Fox announced today Montana joined with other states and the federal government to settle allegations of fraud against Universal Health

Read more
GA addiction centers in $122 million settlement of fraud claims

2020-07-14 (ajc.com)

GA addiction centers in $122 million settlement of fraud claims

GA addiction centers in$ 122 million settlement of fraud claims Ariel Hart, The Atlanta Journal-Constitution A company that runs mental health and substance abuse treatment centers in Georgia and other states will pay$ 122 million to settle more than

Read more

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