Intelligence Unit
Special Reports
Special Events
Subscribe
Sponsored
Departments
- Leadership
- Finance
- Technology
- Physicians
- Community Hospitals
- Health Plans
- Marketing
- Quality
- Nursing
- HR
Follow Us
Universal Health buys Psychiatric Solutions for $3B
Universal Health Services completed its $3.1 billion purchase of Psychiatric Solutions Inc. Monday.
The deal consists of about $2 billion in cash and the assumption of $1.1 billion in debt.
The acquisition nearly doubles the number of psychiatric-care facilities operated by UHS (NYSE: UHS) of King of Prussia, Pa.
Psychiatric Solutions had 94 psychiatric-care facilities in 32 states; UHS operated 102 psychiatric-care centers, also in 32 states. UHS also runs 25 acute-care hospitals across the county.
Most Viewed
Most Emailed
- CMS Seeks to 'Rapidly Reduce' Medicare Spending with $1B in Grants
- Patient Harm Data to Remain on Medicare's Hospital Compare Site
- Building a Better Healthcare Board
- Quiet ORs Better for Patient Safety
- Hard-Nosed About Physician Teamwork
- Case Study: Advance Care Conversations
- Tavenner Confirmed as CMS Administrator
- CMS Releases Hospital Pricing Data
- Hospital Pricing Data Dump Won't Hurt You, Yet
- Access to EHR Notes Lauded by Patients, Providers
