Universal Health Services
Universal Health Services, Inc. is a prominent healthcare management company that owns and operates a diverse range of facilities, including acute care hospitals, behavioral health centers, surgical hospitals, and outpatient facilities. Founded in 1978 and headquartered in King of Prussia, Pennsylvania, the company operates through two primary segments: Acute Care Hospital Services and Behavioral Health Care Services. Its hospitals provide various medical services, such as general and specialty surgery, emergency care, internal medicine, and behavioral health services. As of mid-2020, Universal Health Services managed 356 inpatient facilities and 41 outpatient centers across 37 states, as well as in Washington, D.C., the United Kingdom, and Puerto Rico. The company also engages in providing commercial health insurance services and employs over 60,000 individuals through its subsidiaries. With a strong financial position, it has been able to expand and acquire additional facilities, solidifying its status as one of the largest healthcare providers in the nation.
Psychiatric Solutions
Acquisition in 2010
Psychiatric Solutions, Inc. specializes in providing inpatient behavioral health care services across the United States, catering to children, adolescents, and adults. The company operates acute inpatient facilities and residential treatment centers that offer comprehensive care, including 24-hour nursing observation, daily psychiatric interventions, and coordinated treatment by a team of mental health professionals. Additionally, Psychiatric Solutions manages contract services and develops behavioral health care programs within medical and surgical hospitals. As of its last reporting, the company owned and leased 94 facilities with approximately 11,000 beds across 32 states, Puerto Rico, and the U.S. Virgin Islands. Founded in 1988 and based in Franklin, Tennessee, Psychiatric Solutions operates as a subsidiary of Universal Health Services Inc.
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