Universal Health Services Inc (LTS:0LJL)
$ 178.06 -3.7 (-2.04%) Market Cap: 10.41 Bil Enterprise Value: 15.68 Bil PE Ratio: 7.26 PB Ratio: 1.40 GF Score: 90/100

Universal Health Services Inc at Morgan Stanley Global Healthcare Conference Transcript

Sep 14, 2026 / 12:30PM GMT
Release Date Price: $170.88 (-2.13%)
Craig Hettenbach
Morgan Stanley - Analyst

Great. Well, good morning, everyone. I'm Craig Hettenbach. I cover healthcare, technology, and providers in Morgan Stanley. I'm very pleased to have with us Universal Health Services this morning. So Steve Filton, CFO, and Darren Lehrich, Investor Relations.

For disclosures, you can see them at our website, www.morganstanley.com/researchdisclosures.

With that, Steve, I'll just pass it over to you for some intro comments before we get into the Q&A.

Steve Filton
Universal Health Services Inc - Chief Financial Officer, Executive Vice President, Secretary

Yeah, sure.

I think maybe as a brief start, kind of a quick recap of Q2, which at the moment seems like ages ago. But we were pleased with our Q2 results in the context of rebounding volumes in both of our segments. We felt like both segments continued to demonstrate strong cost control. And pleased by the benefit that we got from the Florida DPP

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