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UNIVERSAL HEALTH SERVICES, INC.

(UHS)
  Report
Delayed Nyse  -  04:00 2022-12-05 pm EST
127.36 USD   -1.54%
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Universal Health Services : Nina Chen Elected to Universal Health Services Board of Directors

09/23/2022 | 10:43am EST

KING OF PRUSSIA, Pa., Sept. 23, 2022 - Universal Health Services, Inc. (NYSE: UHS) has announced the election of Nina Chen to its Board of Directors, effective September 21, 2022. This election expands the Board to a total of eight members.

Currently, Ms. Chen serves as the Special Projects Consultant for The Welcoming Center, a 501(c)(3) non-profit organization based in Philadelphia that promotes inclusive economic growth through immigrant integration. In this role, she acts as special advisor to the CEO, assists with development projects, and facilitates board recruitment and engagement. She has served in this role since 2013.

Prior to this, Ms. Chen was with Mercer for over 13 years, her last role as Partner in the Client Relationship Management group. Mercer is a business of Marsh McLennan (NYSE: MMC), one of the world's largest professional services firms in the areas of risk, strategy and people. During her time at Mercer, Ms. Chen managed global client relationships with major pharmaceutical, insurance, and healthcare companies; managed delivery of human resource consulting and human resource outsourcing projects; led team sales efforts and developed sales plans for the Mid-Atlantic region; served as Executive sponsor of the Mercer Women's Network; was the Founder and Chair of Mercer's Racial and Ethnic Diversity Network; and was a member of Mercer's U.S. Diversity Council.

Prior to that, Ms. Chen held recruiting and consulting roles with The Salveson Stetson Group and The Hay Group. She served as Senior Associate, Tax and Employee Benefits Department for Montgomery McCracken Walker & Rhoads LLP, a multidisciplinary law firm located in Philadelphia.

"Nina's extensive global experience in strategic Human Resources management will provide insights that will support our continued growth and expansion of industry-leading hospital and healthcare services," said Alan B. Miller, Executive Chairman, Universal Health Services. "Nina is an excellent addition to the UHS Board of Directors, and we look forward to her leadership and guidance."

She is a member of the Forum of Executive Women, and a Founding Member of the Asian Pacific American Bar Association of Pennsylvania.

Ms. Chen holds her Juris Doctor (cum laude) from Temple University School of Law, and her Bachelor of Arts in Chemistry from Florida Atlantic University.

About Universal Health Services, Inc.

One of the nation's largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. has built an impressive record of achievement and performance. Growing steadily since our inception into an esteemed Fortune 500 corporation, our annual revenues were approximately $12.6 billion in 2021. In 2022, UHS was again recognized as one of the World's Most Admired Companies by Fortune; ranked #297 on the Fortune 500; and in 2021 ranked #307 on Forbes' list of America's Largest Public Companies.

Our operating philosophy is as effective today as it was upon the Company's founding in 1979, enabling us to provide compassionate care to our patients and their loved ones. Our strategy includes building or acquiring high quality hospitals in rapidly growing markets, investing in the people and equipment needed to allow each facility to thrive, and becoming the leading healthcare provider in each community we serve.

Headquartered in King of Prussia, PA, UHS has approximately 89,000 employees and through its subsidiaries operates 28 acute care hospitals, 335 behavioral health facilities, 40 outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located in 39 U.S. states, Washington, D.C., Puerto Rico and the United Kingdom. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE:UHT). For additional information visit www.uhs.com.

Disclaimer

Universal Health Services Inc. published this content on 23 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2022 14:42:06 UTC.


ę Publicnow 2022
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Financials (USD)
Sales 2022 13 344 M - -
Net income 2022 713 M - -
Net Debt 2022 4 628 M - -
P/E ratio 2022 13,0x
Yield 2022 0,63%
Capitalization 9 237 M 9 237 M -
EV / Sales 2022 1,04x
EV / Sales 2023 1,00x
Nbr of Employees 78 850
Free-Float 86,6%
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Mean consensus HOLD
Number of Analysts 16
Last Close Price 127,36 $
Average target price 123,60 $
Spread / Average Target -2,95%
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Managers and Directors
Marc Daniel Miller President, Chief Executive Officer & Director
Steve G. Filton Chief Financial Officer, Secretary & Executive VP
Alan B. Miller Executive Chairman
Ehab Hanna Chief Medical Information Officer & Staff VP
Paul Stefanacci Chief Medical Officer & VP-Quality Management