Navigation Links
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
'/>"/>

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

Page: 1 2

Related medicine news :

1. ConsecoLifeOptions Launched by Conseco Insurance Company as New Universal Life Product
2. Athletes Study Shows Pride, Shame Universal Behaviors
3. Analyst Available to Comment on Gov. Bill Richardsons Universal Healthcare Proposal
4. Universal Health Services, Inc. Announces Dividend
5. U.S. Healthcare Professionals Speak Out on Universal Healthcare and the Presidential Candidates Platforms
6. Universal Health Realty Income Trust Announces Dividend Increase
7. Universal Health Realty Income Trust Reports 2008 First Quarter Financial Results
8. Universal Health Services, Inc. Reports 30% Increase in 2008 First Quarter Earnings Per Diluted Share
9. Universal Dental Plan Employs Collective Buying Power
10. Universal Screening for MRSA in Hospitals Made Little Difference
11. National Patient Safety Foundation Proposes Universal Patient Compact

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/25/2009)...ialFlexibility,AllowingCompanytoAccessCapitalatits...FirstCall/-LabopharmInc.(TSX:DDS;NASDAQ: DDSS )tod...ionagreement(SEDA)withYAGlobalMasterSPVLtd.,afundm...reement,YAhascommittedtoprovideupto$25millionofcap...n,throughthepurchaseofnewlyissuedLabopharmcommonsh...
(Date:11/25/2009)... globe have come together to form the Internationa...lise health professionals across the world to help...The Council will be officially launched on Wednesd...apers being published by the Lancet on the publi... gas emissions, ahead of the UN Climate Change Con...
(Date:11/25/2009)...disease may make a case for population-wide reduct... (HealthDay News) -- It,s known that eating a lot ...pressure. Now there,s confirmation of a corollary:... greater risk of cardiovascular disease and stroke...dition of BMJ found that a difference of just 5 ...
(Date:11/25/2009)...wswire/--IntroducingPariBeautyProfessionalArtistry...carededicatedtoprovidingprestigeformulasatirresist...careandcolorcosmeticbrandtolaunchunderMakeupArtist...FranciscoandToronto,wasfoundedandismanagedbyaseaso...rsexperienceintheindustry.PariBeautywillhaveasigni...
(Date:11/25/2009)...ing Today through Sunday, November 29th, PlushBeds...nd latex sofa bed mattress + an additional 10% sit...t money back guarantee. Use the code “BLACKF...e of this special offer. , ...ns will travel from Thanksgiving through the New Y...
Breaking Medicine News(10 mins):Health News:Labopharm Enters Into CAD$25 Million Standby Equity Distribution Agreement 2Health News:Labopharm Enters Into CAD$25 Million Standby Equity Distribution Agreement 3Health News:Senior doctors launch global movement to tackle climate change 2Health News:Pari Beauty Professional Artistry 2Health News:Providing Comfort for Holiday Guests Just Got Easier 2Health News:Providing Comfort for Holiday Guests Just Got Easier 3
...daq: CVTX ) announced today that an analysis of d...N TIMI-36 study showed a 29 percent reduction,in t...ceiving Ranexa(R),(ranolazine extended-release tab...and placebo groups. The data were presented today...
...ay the,acquisition of MC Technologies LLC, a Tucso...tal information management systems. This acquisit...ental,Information Management Systems and introduce...ommunities from hazardous,chemicals. Haas TCM,s C...
...INGTON, Nov. 6 A multi-disciplinary,assessment te...irs (VA),Marion, Ill., Hospital to review recent a...operations at the facility, the Department announc...,well employees and managers are communicating; an...
...ry provide acute care to patients with intentional...njury of the patients; there is precious little ti... that gave rise to the injury or to what its psych...a, recently proposed that introducing technology t...
...ed today that major global healthcare company, Bay...many, has signed an agreement to purchase EMBASE C...rst time, EMBASE Classic is a fully digitized bibl...ls, EMBASE Classic indexes more than 1.8 million r...
...as found that cardiac resynchronization therapy pr... exercise testing, the trial,s primary endpoint, i... mechanical problems that disrupt the heart,s norm...o determine whether cardiac resynchronization ther...
Other Medicine News:Health News:Ranexa(R) Significantly Reduces Ischemia in Women in MERLIN TIMI-36 Study 2Health News:Ranexa(R) Significantly Reduces Ischemia in Women in MERLIN TIMI-36 Study 3Health News:Haas TCM Acquires MC Technologies Extending Its Healthcare Environmental Information Management Systems and Chemical Management Services Offering 2Health News:VA Deploying Assessment Team to Marion Medical Center 2Health News:NIH grant advances dentistry school's work on psychosocial stress 2Health News:NIH grant advances dentistry school's work on psychosocial stress 3Health News:EMBASE Classic makes inroads into pharmaceutical industry 2Health News:Study puts brakes on extending indications for cardiac resynchronization therapy 2
(Date:11/25/2009)...NEWYORK,Nov.25/PRNewswire/--Reportlinker.comannoun...alogue: ,, PainManagement-GlobalTrends ,...ement---Global-Trends.html ,, Widespreadavaila...ics,andtheadventofnewdrugshaveacceleratedthepaceof...ndreimbursementstructurecontinuetoshapedemandforse...
(Date:11/24/2009)...BETHESDA,Md.,Nov.24/PRNewswire-Asia/--ChindexInter...ndependentAmericanproviderofWestern,healthcareprod...announcedthattheCompanywillattendthe21stAnnualPipe...ecember1-2,2009,atthe,NewYorkPalaceHotel. , M...nTuesday,December1,2009,andholdone-on-onemeetings...
(Date:11/24/2009)...SANDIEGO,Nov.24/PRNewswire-FirstCall/--AnadysPharm...willpresentatthe21stAnnualPiperJaffrayHealthcareCo...a.m.PST).TheconferenceisbeingheldatTheNewYorkPalac...veOfficerofAnadys,willprovideanoverviewofAnadysand..., Thecorporatepresentationwillbesimultaneouslywe...
Breaking Medicine Technology:Reportlinker Adds Pain Management - Global Trends 2Reportlinker Adds Pain Management - Global Trends 3Reportlinker Adds Pain Management - Global Trends 4Reportlinker Adds Pain Management - Global Trends 5Chindex International to Present at Piper Jaffray Health Care Conference 2Anadys Pharmaceuticals to Present at the Piper Jaffray Healthcare Conference 2New Polyp Detection Method Could Be Cost Saver 61095 1New Polyp Detection Method Could Be Cost Saver 61095 2Drugs to treat anemia in cancer patients linked to thromboembolism 61090 1Drugs to treat anemia in cancer patients linked to thromboembolism 61090 2Drugs to treat anemia in cancer patients linked to thromboembolism 61090 3Healthy babies by the numbers 10678 1Healthy babies by the numbers 10678 2
...EBV laboratory diagnosis is generally confirmed by...rity of the disease however, is not indicated by t...IM occurs in 10 - 20 percent of children. Detecti...essary to fully ascertain the stage of EBV infecti...
...IDI-Strep B test can lower healthcare costs with b...ays. By identifying mothers colonized with group B...ed and effective antibiotic prophylaxis. This can ... reduce unnecessary antibiotic use in uncolonized ...
...y Bard® Biopsy Instrument and Needle is specia...l: a large quality, reliable core sample. All need...aturing ultra-sharp tips and polished surfaces for...y systems and needle sizes assures an ideal match ...
... to obtain multiple core biopsies of soft tissue. ...y Needle design facilitates one-handed control. Pr... tissue sample. Beveled point stylet permits easy ...surrounding tissue. Sharp cutting edge of cannula ...
Medicine Products: