The major news concerning Universal Health Services, Inc. (UHS) is a balanced mix of promising and concerning developments. The company has recently announced the date for its third-quarter 2024 earnings release and conference call and has hit a 52 weeks high, indicating a strong performance in the stock market. UHS reported impressive EPS and guidance results, contributing to its label as a strong momentum and value stock.
However, UHS also faces a potential $535M judgment against its behavioral health subsidiary, which might impact its financial stability negatively. While the company intends to appeal this unexpected decision, it underlines an existing problem. There's concern over how UHS handles patient care, with reports of falsified patient records, maltreatment and allegations pertaining to exploiting Washington's Special Education System. This controversial reputation is further backed by various lawsuits and settlements, such as a $12.5M settlement on an ERISA complaint and a $122M settlement with the DoJ.
Additional news includes insider trading activities that could suggest caution, and its potential long-term investment potential.
Universal Health Services Class B UHS News Analytics from Tue, 23 May 2017 07:00:00 GMT to Sat, 19 Oct 2024 19:28:08 GMT - Rating 0 - Innovation 3 - Information 6 - Rumor -2
