Universal Health Services (UHS) experienced a series of noteworthy events. The Goldman Sachs Group has downgraded the firm to "Neutral". A UHS director sold stock worth $308,515. UHS may suffer from a $535M judgment against a subsidiary and plans to appeal the 'unexpected' decision. Reports indicate alleged malpractice at UHS hospitals, with former staff alleging patient record falsification. Over 100 former patients have launched a lawsuit against UHS for alleged abuse. Nonetheless, UHS managed to secure a strong consensus high return on equity per Goldman Sachs. UHS settled with Attorney General Josh Stein for $117 million and experienced losses of $67 million following a ransomware attack. Their returns have, however, plateaued lately. A $12.5M ERISA class action settlement took place, and UHS officially finalized a $122M settlement with the DOJ. Founder Alan B. Miller stepped down as CEO in 2021 but remains Executive Chairman. UHS made grounds into future healthcare, breaking ground on the New Cedar Hill Regional Medical Center and Cedar Hill Regional Medical Center, UHS Health System Confirms all US Sites were Affected by Ransomeware Attack.
Universal Health Services Class B UHS News Analytics from Wed, 07 Dec 2016 08:00:00 GMT to Fri, 20 Dec 2024 22:25:00 GMT -
Rating -3
- Innovation 2
- Information 8
- Rumor 6
