Universal Health Services, Inc. Reports Significant Increases In 2009 Second Quarter and Six-Month Earnings, Raises Full Yea...(statements that relate to prior periods....),Health

Date:7/28/2009

statements that relate to prior periods. To obtain a complete understanding of our financial performance these measures should be examined in connection with net income, determined in accordance with GAAP, as presented in the condensed consolidated financial statements and notes thereto in this report or in our other filings with the Securities and Exchange Commission including our Report on Form 10-K for the year ended December 31, 2008 and Report on Form 10-Q for the quarter ended March 31, 2009. Since the items included or excluded from these measures are significant components in understanding and assessing financial performance under GAAP, these measures should not be considered to be alternatives to net income as a measure of our operating performance or profitability. Since these measures, as presented, are not determined in accordance with GAAP and are thus susceptible to varying calculations, they may not be comparable to other similarly titled measures of other companies. Investors are encouraged to use GAAP measures when evaluating our financial performance.

                          Universal Health Services, Inc.
                          -------------------------------
                         Consolidated Statements of Income
                         ---------------------------------
                     (in thousands, except per share amounts)
                                    (unaudited)

                                 Three months            Six months
                                 ended June 30,         ended June 30,
                                --------------         --------------
                               2009       2008        2009       2008
                               ----       ----        ----       ----
    Net revenues         $1,303,640 $1,262,577  $2,616,059 $2,540,553

    Operating charges:
       Salaries, wages and
        benefits            541,950    528,081   1,083
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SOURCE  Universal Health Services, Inc.
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