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Universal Health Services, Inc. Reports 2008 Third Quarter Results
Date:10/27/2008

- - 3,945 0.07

Unfavorable prior period effect of

Texas Medicaid supplemental

payments and cost report settlements,

net of income taxes - - 3,399 0.07

Favorable tax reserve adjustment - - (2,079) (0.04)

Subtotal after-tax adjustments to

income from continuing operations - - 5,265 0.10

Adjusted income from continuing

operations $37,223 $0.73 $34,599 $0.65

Calculation of Adjusted Net Income

Net income $36,997 $0.73 $28,854 $0.54

After-tax adjustments to income from

continuing operations, as indicated

above - - 5,265 0.10

Adjusted net income $36,997 $0.73 $34,119 $0.64

Universal Health Services, Inc.

Schedule of Non-GAAP Supplemental Consolidated Statements of Income

Information ("Supplemental Schedule")

For the nine months ended September 30, 2008 and 2007

(in thousands, except per share amounts)

(unaudited)

Nine months ended Nine months ended

September 30, 2008 September 30, 2007

Net revenues $3,785,015 100.0% $3,505,813 100.0%

Operating charges:

Salaries, wages and benefits 1,600,514 42.3% 1,494,553 42.6%

Other operating expenses 777,257 20.5% 737,240 21.0%

Supplies expense 524,246 13.9% 499,930 14.3%

Provision for doubtful accounts 365,446 9.7% 308,363 8.8%

3,267,463 86.3% 3,040,086 86.7%

Operating incom
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SOURCE Universal Health Services, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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