Universal Health Services, Inc. Reports 2007 Fourth Quarter and Full Year Earnings and 200...(03) Adjusted income from continui...),Health

Adjusted income from

continuing operations $39,597 $0.74 $32,393 $0.60

Calculation of Adjusted Net Income

Net income $39,954 $0.75 $34,170 $0.63

After-tax adjustments to income

from continuing operations, as

indicated above (306) (0.01) (1,809) (0.03)

Adjusted net income $39,648 $0.74 $32,361 $0.60

Universal Health Services, Inc.

Schedule of Non-GAAP Supplemental Consolidated Statements of Income

Information ("Supplemental Schedule")

For the twelve months ended December 31, 2007 and 2006

(in thousands, except per share amounts)

(unaudited)

Twelve months Twelve months

ended December 31, ended December 31,

2007 2006

Net revenues $4,751,005 100.0% $4,191,300 100.0%

Operating charges:

Salaries, wages and benefits 2,039,676 42.9% 1,797,587 42.9%

Other operating expenses 997,807 21.0% 936,958 22.4%

Supplies expense 675,757 14.2% 556,702 13.3%

Provision for doubtful accounts 415,961 8.8% 349,030 8.3%

4,129,201 86.9% 3,640,277 86.9%

Operating income/margin 621,804 13.1% 551,023 13.1%

Lease and rental expense 68,253 64,060

Minority interests in earnings

of consolidated entities 43,361 46,238

Earnings before hurricane related

expenses, hurricane insurance

recoveries, depreciation and

amortization, interest expense,

and
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