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Universal Health Services, Inc. Announces Sale of Acute Care Hospital and Addition of Two Behavioral Health Hospitals
Date:9/8/2008

KING OF PRUSSIA, Pa., Sept. 8 /PRNewswire-FirstCall/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that it has signed a definitive agreement to sell Central Montgomery Medical Center, a 125 bed acute care hospital located in Lansdale, Pennsylvania to Abington Memorial Hospital. The sale is subject to customary regulatory approvals and we expect the closing to occur later this fall.

UHS also announced that it completed the acquisition of SummitRidge Hospital located in Lawrenceville, Georgia. SummitRidge is a behavioral health hospital with 76 beds, consisting of 26 adolescent beds and 50 adult beds and also provides hospitalization and outpatient programs for adolescents, adults and gero-psychiatric patients. In addition UHS announced that it has completed the renovation of the 120-bed Central Florida Behavioral Hospital and expects to receive licensure and open for business before the end of the month. Both of these hospitals complement existing facilities in the Atlanta and Orlando markets and will provide an opportunity to offer new programs and services in each market.

Universal Health Services, Inc. is one of the nation's largest hospital companies, operating acute care and behavioral health hospitals and ambulatory centers nationwide and in Puerto Rico. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE: UHT). For additional information on the Company, visit our web site: http://www.uhsinc.com.

This press release contains forward-looking statements based on current management expectations. Numerous factors, including those disclosed herein, those related to healthcare industry trends and those deta
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SOURCE Universal Health Services, Inc.
Copyright©2008 PR Newswire.
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