In a series of events concerning Universal Health Services, Inc. (UHS), the healthcare provider is reported to be a
cheap buy heading into 2025. Despite facing numerous challenges such as
lawsuits for alleged abuse and a
$535M judgment against a subsidiary, the company is believed to have a
healthy business model leading to promising upside. However, scandals such as falsifying patient records and sexual abuse lawsuits have marred its reputation. Recently, UHS declared plans for the
Founder Alan B. Miller to step down as CEO, with the current President, Marc D. Miller taking over. The firm faced a
heavy loss of $67 million due to an apparent ransomware attack but managed to finalize a
$122M settlement with DOJ and agreed to pay $12.5M to settle ERISA complaint, indicating sturdy financial planning. Regardless of
significant challenges like these and the widespread impact of a network outage, UHS seems to remain resilient in the biotech market.
Universal Health Services Class B UHS News Analytics from Tue, 16 Aug 2016 07:00:00 GMT to Thu, 20 Feb 2025 10:37:43 GMT -
Rating -2
- Innovation -3
- Information 6
- Rumor -5
