Universal Health Services Inc (NYSE:UHS)
$ 178.91 0.32 (0.18%) Market Cap: 11.97 Bil Enterprise Value: 17.15 Bil PE Ratio: 15.19 PB Ratio: 1.93 GF Score: 96/100

Universal Health Services Inc at Bank of America Merrill Lynch Healthcare Conference (Virtual) Transcript

May 12, 2020 / 03:00PM GMT
Release Date Price: $93.52 (-5.03%)
Kevin Mark Fischbeck
BofA Merrill Lynch, Research Division - MD in Equity Research

All right. Great. I want to thank everyone for joining us today at the BofA Virtual Health Care Conference. It's my pleasure to introduce Universal Health Services. UHS is one of the largest providers of acute care hospitals as well as behavioral health services across the country. Presenting today, we have Steve Filton, who is the Chief Financial Officer.

And with that, I'll jump right into questions.

Questions & Answers

Kevin Mark Fischbeck;Steve G. Filton
BofA Merrill Lynch, Research Division - MD in Equity Research

So Steve, thanks for coming. But I guess one of the kind of biggest surprises, I think, from Q1 was just the discrepancy between the volume pressure you saw in your psych business and what Acadia saw in its psych business. You were down about 25% versus down about 7% at Acadia. I don't know if you've had a chance to look at that or think about maybe what -- from your perspective, what the differences might have been.

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