Universal Health Services Inc at Leerink Global Healthcare Conference Transcript
Good morning. Thanks for joining us, everyone. I'm Whit Mayo. I cover healthcare providers and managed care for Leerink. This is day two of the Global Healthcare Conference.
I'm joined with Steve Hilton and Darren Lehrich.
Steve, you've got an announcement this morning. Maybe we'll just start there and start with the acquisition of Talkspace.
Sure. Yes. So just a few minutes ago, we announced a definitive agreement to acquire Talkspace for $5.25 a share, which equates to an enterprise value of approximately $840 million. We're extremely excited about this acquisition and the opportunities it presents to us.
Those of us who follow us know that really for the last year or two, we have really been focused on in our behavioral segment, especially building our presence in the outpatient space and have done a number of internal things to accelerate that. But we described in the press release
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