Universal Health Services, Inc. Completes Acquisition of Five Behavioral Health Facilities
05/03/2004
KING OF PRUSSIA, Pa., May 3, 2004 /PRNewswire-FirstCall via COMTEX/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that it completed the previously announced acquisitions of five behavioral health facilities, including the Stonington Institute, located in Stonington, Connecticut; Coastal Harbor Treatment Center, located in Savannah, Georgia; Rivendell Behavioral Health Services of Arkansas, located in Benton, Arkansas; Rivendell Behavioral Health Services of Kentucky, located in Bowling Green, Kentucky; and Spring Mountain Treatment Center in Las Vegas, Nevada.
Debra Osteen, President of UHS's Behavioral Health Division, said, "We are pleased to be adding the four Keystone facilities and the behavioral health operation in Connecticut to UHS's expanding behavioral health activities. Each of the facilities has a long, proud history of providing quality care in their respective market. We look forward to not only continuing this tradition of excellence but investing to expand the services for these facilities."
Universal Health Services, Inc. is one of the nation's largest hospital companies, operating acute care and behavioral health hospitals and ambulatory centers nationwide, in Puerto Rico and in France. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE: UHT).
Certain statements in this release may constitute forward-looking statements that are subject to various risks and uncertainties as discussed in the Company's filings with the Securities and Exchange Commission. The Company is not obligated to update these forward-looking statements even if the Company's assessment of these risks and uncertainties changes.
For additional information on the Company, visit our web site: http://www.uhsinc.com.
SOURCE Universal Health Services, Inc.
Steve Filton, Chief Financial Officer, Universal Health
Services, Inc., +1-610-768-3300