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AI English summary of an SEC filing — figures as filed

Universal Health Services logoUniversal Health Services UHS

The company said it corrected some statistics for the "As Reported - Behavioral Health" facilities in its Selected Hospital Statistics for the 3-month period ended December 31, 2023, which it said were inaccurate, and filed a corrected version as Exhibit 99.1.

8-K/AResults of Operations and Financial Condition (amended)Amended filingFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it corrected some statistics for the "As Reported - Behavioral Health" facilities in its Selected Hospital Statistics for the 3-month period ended December 31, 2023, which it said were inaccurate, and filed a corrected version as Exhibit 99.1.

  2. Apart from the correction, the company said no other changes are required to the financial and statistical data in Exhibit 99.1 to the Form 8-K filed on February 27, 2024.

  3. The company said that in the corrected Exhibit 99.1, hospitals owned and leased for behavioral health went from 12 on 12 to 31 on 31 and 22 on 23, compared with 331 hospitals, a change of 0.6% (333 hospitals at the end of the period), and average licensed beds were 24,285, a change of 0.2%.

  4. The company said that in the corrected Exhibit 99.1, behavioral health patient days were 1,575,040, a change of 0.9%, admissions were 113,604, a change of 1.2%, and length of stay was 13.9, a change of -0.3%.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Behavioral Health Segment Statistics Corrected

The company said it corrected some statistics for the "As Reported - Behavioral Health" facilities in its Selected Hospital Statistics for the 3-month period ended December 31, 2023, which it said were inaccurate, and filed a corrected version as Exhibit 99.1.

Source · Based on the filing body and exhibits

Scope of Correction Limited

Apart from the correction, the company said no other changes are required to the financial and statistical data in Exhibit 99.1 to the Form 8-K filed on February 27, 2024.

Source · Based on the filing body and exhibits

Behavioral Health Hospitals and Beds

The company said that in the corrected Exhibit 99.1, hospitals owned and leased for behavioral health went from 12 on 12 to 31 on 31 and 22 on 23, compared with 331 hospitals, a change of 0.6% (333 hospitals at the end of the period), and average licensed beds were 24,285, a change of 0.2%.

Source · Based on the filing body and exhibits

Behavioral Health Patient Days and Admissions

The company said that in the corrected Exhibit 99.1, behavioral health patient days were 1,575,040, a change of 0.9%, admissions were 113,604, a change of 1.2%, and length of stay was 13.9, a change of -0.3%.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.