Universal Health Services (UHS) has seen significant developments recently. The healthcare giant declared a fresh dividend to the delight of its shareholders. Despite reports of a major lawsuit by over 100 former patients alleging abuse, it's considered one of the inexpensive healthcare stocks to acquire heading into 2025. A $535M judgment was held against a subsidiary which the company plans to appeal. Interestingly, the company is to present at the 2024 Wolfe Research Healthcare Conference.
UHS is not entirely immune to controversy as reports of alleged patient record falsification emerged, along with sex abuse allegations. The company and Attorney General Josh Stein reached a settlement to the tune of $117 million. Despite issues with losses and ransomware attacks, the stock has exhibited fitness among other healthcare counterparts. Strategic partnerships have been ventured into, such as that with Hippocratic AI. ARC and Universal Health Services broke ground on new developments recently.
While the company has had to contend with lawsuits, ransomware attacks, and complaints, it's also seen positive financial growth, dividend declarations, and new partnerships.
Universal Health Services Class B UHS News Analytics from Wed, 07 Dec 2016 08:00:00 GMT to Sat, 15 Feb 2025 06:24:58 GMT - Rating 0 - Innovation 3 - Information 6 - Rumor -5
