Universal Health Services Inc (NYSE:UHS)
$ 181.93 3.02 (1.67%) Market Cap: 12.18 Bil Enterprise Value: 17.17 Bil PE Ratio: 15.44 PB Ratio: 1.96 GF Score: 94/100

Universal Health Services Inc at Wolfe Research Healthcare Conference (Virtual) Transcript

Nov 19, 2020 / 03:50PM GMT
Release Date Price: $133.95 (+1.01%)
Justin Lake
Wolfe Research, LLC - MD & Senior Healthcare Services Analyst

Thanks. Good morning. I appreciate everybody being here at our second annual Wolfe Virtual Health Care Conference. Really pleased to have the CFO of UHS here with us, Steve Filton. We're going to kick it right off into Q&A.

So Steve, why don't you spend a minute talking to us about -- you came out of the third quarter with a pretty solid set of fundamentals and results, right? You've done a good job on cost cutting [acuities] meet-up for some volume weakness. In the fourth quarter, we've seen this COVID spike again. I think a lot of people are wondering how this is affecting your business, what you're seeing in terms of behavior. Maybe compare and contrast it in some of the tougher markets versus the non, first, for COVID. I know it's so local. And then maybe compare it to the second quarter when we saw the big spike in what you're seeing from patient behavior.

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