Universal Health Services (UHS) has recently announced the results of their 2025's annual meeting of stockholders along with its first quarter financial results. However, there are concerns regarding alleged abuse with over 100 former patients filing a major lawsuit against the company. Moreover, UHS is dealing with ramifications of recent ransomware attacks, which have severely crippled its IT systems across the US leading to considerable losses. In a surprising turn of events, Founder Alan B. Miller has decided to step down as CEO and continues serving as the Executive Chairman, paving way for Marc D. Miller to take over.
Moving forward, UHS is planning to appeal an unexpected $535M negligence decision against one of its behavioral health subsidiaries. Despite these challenges, industry analyses continue to identify UHS as a strong value and growth stock with potential for healthy upside. It's also noteworthy that recent governance changes are being called for at the company.
Universal Health Services Class B UHS News Analytics from Wed, 07 Dec 2016 08:00:00 GMT to Thu, 22 May 2025 03:35:00 GMT - Rating -2 - Innovation -3 - Information 5 - Rumor 2
