Universal Health Services
Universal Health Services operates 30 acute care hospitals, 346 behavioral health inpatient facilities, 35 freestanding emergency departments, and 130+ outpatient centers across 40 U.S. states, D.C., Puerto Rico, and the U.K., serving patients needing medical, surgical, and mental health care while generating FY2025 net revenues of $17.37 billion.
- Company typePublic
- Founded1978
- HeadquartersKing Of Prussia, United States
- Headcount5,001–10,000
- GTM typeB2C
- OfferingServices
What Universal Health Services does
Universal Health Services, Inc. is a Delaware-incorporated, NYSE-listed (UHS) for-profit healthcare delivery company founded in 1979 by Alan B. Miller and headquartered in King of Prussia, Pennsylvania. The company operates one of the largest acute care and behavioral health facility networks in the United States, comprising 30 acute care hospitals, 346 behavioral health inpatient facilities, 35 freestanding emergency departments, and more than 130 outpatient and ambulatory care centers across 40 U.S. states, Washington D.C., Puerto Rico, and the United Kingdom, supported by approximately 101,500 employees. Beyond facility-based care, UHS operates Prominence Health Plan (a health insurance subsidiary), Independence Physician Management (physician practice services), and consulting subsidiaries Horizon Health Behavioral Health Solutions and Crossings Healthcare Solutions.
UHS generates the majority of revenue from service-based billing through acute care hospitals and behavioral health inpatient facilities, with pricing determined by standard medical fee schedules, contracted commercial insurance rates, and government payer rates (Medicare and Medicaid); Prominence Health Plan contributes subscription-based premium revenue. The company has deployed Oracle Health's electronic health record across its behavioral health network, partnered with Hippocratic AI for generative AI patient outreach, and is integrating AI tools across revenue cycle operations. Its pending $835 million acquisition of Talkspace (expected Q3 2026) would add a virtual behavioral health platform with approximately 6,000 licensed providers, extending the care delivery model into telehealth.
UHS pursues growth through a combination of facility expansion, joint ventures with regional health systems, and targeted acquisitions. Recent strategic moves include the May 2026 formation of Capital Medical Group with George Washington University, the April 2025 opening of Cedar Hill Regional Medical Center, the June 2025 deployment of Hippocratic AI agents, and an active strategic investment posture including participation in Hippocratic AI's $126 million Series C. The company reported $17.37 billion in FY2025 net revenues (up 9.7% year-over-year) and $1.49 billion in net income, with FY2026 guidance of $18.4–$18.8 billion.
Universal Health Services firmographics
Firmographics- Name
- Universal Health Services
- Legal name
- Universal Health Services, Inc.
- Website
- https://uhs.com
- Company type
- Public
- Founded year
- 1978
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Universal Health Services operates 30 acute care hospitals, 346 behavioral health inpatient facilities, 35 freestanding emergency departments, and 130+ outpatient centers across 40 U.S. states, D.C., Puerto Rico, and the U.K., serving patients needing medical, surgical, and mental health care while generating FY2025 net revenues of $17.37 billion.
- Ownership category
- akta.pro rank
Universal Health Services industry classification
Industry- Product category
- Hospital and Healthcare Services
- NAICS
- General Medical and Surgical Hospitals (6221), Psychiatric and Substance Abuse Hospitals (62221)
- SIC
- Services-Hospitals (8060)
- akta.pro primary industry
- Hospital-Owned Physician Networks & Medical Groups (HLAFAAAL)
- akta.pro secondary industry
- Large Group Health Insurance (Mid-Market & National Accounts) (FSAIAFAE)
Keywords
Where Universal Health Services is headquartered
LocationHeadquarters
- HQ city
- King Of Prussia
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Universal Health Services business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Acute Care Hospital Services: Revenue from operating 30 acute care hospitals providing medical and surgical services
- Behavioral Health Services: Revenue from 346 behavioral health inpatient facilities providing mental health and substance abuse treatment
- Outpatient and Ambulatory Services: Revenue from 35 freestanding emergency departments and more than 130 outpatient facilities and ambulatory care centers
- Health Insurance Premiums: Revenue from health insurance plans offered through Prominence Health Plan subsidiary
- Physician Services: Revenue from physician services managed through Independence Physician Management
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Acute care hospital services |
| Other | Pay-as-you-go | Behavioral health inpatient services |
| Subscription | Monthly | Health insurance plans |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Universal Health Services product offering
Product offeringCore offering
Universal Health Services (UHS) operates one of the largest for-profit hospital networks in the United States, comprising 30 acute care hospitals, 346 behavioral health inpatient facilities, 35 freestanding emergency departments, and more than 130 outpatient and ambulatory care centers across 40 states, Washington D.C., Puerto Rico, and the United Kingdom. Beyond facility-based care, UHS offers health insurance through Prominence Health Plan, physician practice management via Independence Physician Management, and healthcare consulting through Horizon Health Behavioral Health Solutions and Crossings Healthcare Solutions.
Product overview
Universal Health Services operates a diversified healthcare delivery platform consisting of acute care hospitals, behavioral health inpatient facilities, freestanding emergency departments, and outpatient facilities across the U.S., United Kingdom, and Puerto Rico. The company also offers health insurance through Prominence Health Plan and manages physician practices via Independence Physician Management. Its consulting subsidiaries—Horizon Health Behavioral Health Solutions and Crossings Healthcare Solutions—provide services to external organizations. Pending its Q3 2026 close, UHS is acquiring Talkspace, a virtual behavioral healthcare platform with 6,000 licensed providers, to expand outpatient and telehealth behavioral health services. This acquisition would add a digital-first care channel to UHS's facility-based network, enabling bidirectional patient flow between virtual and inpatient settings.
Differentiator
Problem solved
Functional benefit
Products and services
- Acute Care Hospital Services Comprehensive inpatient medical and surgical services delivered through 30 acute care hospitals, including emergency care, surgical procedures, diagnostic services, and graduate medical education programs, serving patients across the U.S., Puerto Rico, and the U.K.
- Behavioral Health Inpatient Services Inpatient psychiatric care, mental health treatment, and substance abuse programs delivered through 346 behavioral health facilities for patients of all ages, including specialty programs such as the first dedicated inpatient psychiatric unit for children in Central California.
- Freestanding Emergency Department Services Emergency medical care delivered through 35 freestanding emergency departments operating independent of main hospital campuses, providing accessible emergency services to local communities.
- Outpatient and Ambulatory Care Services Same-day medical procedures, ambulatory care, and outpatient services delivered through more than 130 facilities, providing convenient non-emergency medical care to local communities.
- Prominence Health Plan Health insurance plans and Accountable Care Organizations offered to employers and individuals, providing coverage networks utilizing UHS facilities and affiliated providers.
- Independence Physician Management Physician practice management services providing operational support, revenue cycle optimization, and practice management to physician groups and medical practices.
- Patriot Support Programs Specialized behavioral health program serving military personnel and veterans with mental health and substance abuse treatment services through UHS behavioral health facilities.
- Horizon Health Behavioral Health Solutions Behavioral health consulting and management services provided to external healthcare organizations seeking operational improvement and behavioral health program expertise.
- Crossings Healthcare Solutions Healthcare consulting services for healthcare organizations seeking operational improvement and strategic guidance.
- Talkspace Virtual Behavioral Health Platform Virtual behavioral healthcare platform with approximately 6,000 licensed providers offering therapy and psychiatry sessions via telehealth, serving all 50 states, D.C., and Puerto Rico.
Quantifiable outcome
- 2025 revenue of $17.37 billion, up 9.7% year-over-year
- +3 more outcomes
Companies that use Universal Health Services
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Universal Health Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability4 records
Feature3 records
Universal Health Services partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, strategic and minor.
- George Washington UniversitycoreUHS, GWU, and Medical Faculty Associates established a definitive agreement creating Capital Medical Group, a physician-led nonprofit (UHS affiliate) employing the majority of MFA physicians. GW provides up to $230 million to support transition and absorbs prior loans to MFA, while UHS assumes financial responsibility for physician practice operations. Deal expected to close summer 2026.
- Hippocratic AIstrategicUHS launched Hippocratic AI's generative AI healthcare agents to assist with post-discharge patient engagement. GenAI agents support clinicians by making discharge follow-up outreach to patients by phone.
- Trinity Health MichigancoreJoint venture partnership for Southridge Behavioral Hospital located near Trinity Health Medical Center in Byron Center, Michigan. Ceremonial ribbon cutting held May 2025, hospital will open for patient care in near future.
- Oracle HealthcoreUHS expanded Oracle Health's electronic health record (EHR) across its broad network of behavioral health facilities, enabling integrated patient records and coordinated care.
- Valley Children's HealthcarecorePartnership for River Vista Behavioral Health in Madera, California, establishing the first dedicated inpatient psychiatric unit for children in Central California with a 24-bed unit serving children ages 5 to 17.
- BAYADA Home Health CarecoreJoint venture partnership launching 'Valley Health at Home by BAYADA' expanding integrated care delivery network capabilities into patient homes. UHS subsidiary The Valley Health System serves over 2 million people in Southern Nevada.
- Beaumont HealthcoreJoint venture partnership announced for Beaumont Behavioral Health hospital. Combined resources of Beaumont Health's regional network with UHS's behavioral health expertise.
- Premier Inc.strategicUHS is a member of Premier Inc., a group purchasing organization (GPO) in Charlotte, North Carolina, utilizing GPO contracts for supplies, equipment and services procurement.
- Federation of American HospitalsminorUHS is a member of the Federation of American Hospitals, a trade association representing for-profit hospitals.
- National Association for Behavioral HealthcareminorUHS is a member of the National Association for Behavioral Healthcare, advocating for behavioral health policy and quality standards.
Scale indicators9 records
Recent moves7 records
Expansion highlights6 records
Universal Health Services competitors and assessment
Company assessmentDirect peers
- HCA Healthcare: The largest for-profit hospital operator in the US, with ~190 hospitals and 2,400+ sites of care across 20 states. HCA is the most direct comparable to UHS in acute care scale, geographic strategy, and capital allocation discipline, though it has minimal behavioral health exposure.
- Tenet Healthcare: For-profit hospital and ambulatory care operator with ~50 hospitals and a large USPI ambulatory surgery business. Tenet's acute care footprint and post-acute/ambulatory strategy parallel UHS's, while its behavioral health exposure through discontinued operations highlights sector-specific challenges UHS also faces.
- Acadia Healthcare: Pure-play behavioral health facility operator with ~250 inpatient facilities across the US and UK. Acadia is the most direct comparable to UHS's behavioral health division, competing for the same patients, referrals, and JV partners; the two companies together represent the majority of scaled US inpatient behavioral health capacity.
- Community Health Systems: For-profit hospital operator with ~70 affiliated hospitals across 15 states, focused on non-urban and mid-sized markets. CYH shares UHS's reimbursement exposure, labor cost dynamics, and rural/semi-urban market strategy, providing a useful comparison point for margin trajectory and capital structure.
- Encompass Health: Largest owner and operator of inpatient rehabilitation hospitals in the US (~160 facilities). Encompass overlaps with UHS in post-acute and specialty facility operations, value-based care contracting, and the same regulatory/Medicare environment.
- Ardent Health Partners: For-profit operator of ~30 acute care hospitals across six states, recently taken public. Ardent is a more focused acute-care comparable to UHS's hospital division, with similar mid-sized market positioning and physician network strategies.
- Select Medical Holdings: Operator of specialty hospitals (critical illness recovery, inpatient rehab), outpatient rehab clinics, and Concentra occupational health. Select Medical overlaps with UHS in specialty hospital operations and outpatient service delivery.
Broad incumbents
- Centene Corporation: Largest US managed care company focused on government-sponsored programs (Medicaid, Medicare, ACA marketplaces). Centene is the most relevant comparator for UHS's Prominence Health Plan and ACO business, and represents both a partner and a competitor in value-based contracting.
- Magellan Health: Specialized managed care company focused on behavioral health, substance abuse, and complex care populations (now part of Centene). Magellan's behavioral health utilization management and provider network capabilities are directly relevant to UHS's behavioral health strategy and Prominence Health Plan positioning.
Emerging players
- Surgery Partners: Operator of ~180 ambulatory surgery centers and surgical hospitals across the US. Surgery Partners is an adjacent comparable for UHS's outpatient and ambulatory strategy, particularly the 130+ outpatient facilities, though its surgical focus is narrower than UHS's broader ambulatory mix.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Universal Health Services social profiles
Digital presenceUniversal Health Services compliance and trust
Trust signalCompliance3 records
Universal Health Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Universal Health Services leadership team
Management profileNumber of profiles
Profiles9 records
Universal Health Services subsidiaries and ownership
Company hierarchySubsidiaries10 records
Universal Health Services funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Universal Health Services M&A and investment
M&A and investmentM&A9 records
Investments5 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Universal Health Services
What does Universal Health Services do?
Universal Health Services (UHS) operates one of the largest for-profit hospital networks in the United States, comprising 30 acute care hospitals, 346 behavioral health inpatient facilities, 35 freestanding emergency departments, and more than 130 outpatient and ambulatory care centers across 40 states, Washington D.C., Puerto Rico, and the United Kingdom. Beyond facility-based care, UHS offers health insurance through Prominence Health Plan, physician practice management via Independence Physician Management, and healthcare consulting through Horizon Health Behavioral Health Solutions and Crossings Healthcare Solutions.
Is Universal Health Services a public or private company?
Universal Health Services is a public company. It is classified as public and is currently operating.
When was Universal Health Services founded?
Universal Health Services was founded in 1978. It employs 5,001 to 10,000 people.
Where is Universal Health Services based?
Universal Health Services is headquartered in King Of Prussia, United States, in the North America region.
How does Universal Health Services make money?
Five revenue lines are on record. Acute Care Hospital Services are the primary driver. The others are behavioral Health Services, outpatient and Ambulatory Services, health Insurance Premiums and physician Services.
Who are Universal Health Services's main competitors?
Direct peers on record are HCA Healthcare, Tenet Healthcare, Acadia Healthcare, Community Health Systems, Encompass Health, Ardent Health Partners and Select Medical Holdings. Broad incumbents are Centene Corporation and Magellan Health. Surgery Partners is listed as an emerging player.
Does Universal Health Services have an API?
No public API is recorded for Universal Health Services.
What industry is Universal Health Services in?
Universal Health Services's product category is Hospital and Healthcare Services. Its primary akta.pro industry code is HLAFAAAL, Hospital-Owned Physician Networks & Medical Groups, with a secondary code of FSAIAFAE, Large Group Health Insurance (Mid-Market & National Accounts). Its NAICS code is 6221 and its SIC code is 8060.