Universal Health Services (UHS) has faced irregularities in recent times as a key executive sold stock worth $375k and $749k respectively. The firm is set to appeal a $535M negligence case against its behavioral health subsidiary, an unexpected judgement that could negatively impact its finances. Despite these proceedings, UHS recently posted impressive EPS and guidance beats and the event saw a favorable market response. Meanwhile, internal instability could be brewing, as indicated by allegations of staff being instructed to falsify patient records. UHS experienced a $67 million loss after an apparent ransomware attack impacted the group’s operations and may have a lasting reputational impact. In terms of innovation, substantial groundwork is on display with the company breaking ground for a significant health project in Palm Beach Gardens and a mental health hospital. However, concerns remain over UHS’s treatment of foster kids in private psychiatric hospitals and its profit-orientation towards special education kids. Finally, UHS leadership changes are in progress with CEO Alan B. Miller preparing to step down in January 2021.
Universal Health Services Class B UHS News Analytics from Wed, 07 Dec 2016 08:00:00 GMT to Sun, 01 Sep 2024 11:59:33 GMT -
Rating -3
- Innovation 5
- Information 6
- Rumor -4
