Financial Analysis Of Universal Health Services

772 Words2 Pages

In the modern world of the health-care industry, it is vital that an organization’s financial statement analyses be kept up to date and reported accurately within the company. A financial analysis is an evaluative method of determining the past, current and projected performance of a company (Investopedia.com, 2016). Collectively, patients seek superior quality of health care services and integrity from professionals who work in the hospitals and serve the communities worldwide. Although the health care industry is rapidly changing as time progresses, providers still have an obligation to satisfy the patients and deliver excellent care to those in need. As the newly appointed CFO of Universal Health Services, the organization will conduct an …show more content…

Alan B. Miller, chairman and CEO, founded this organization in 1978 and employs over 60,000 staff members. UHS is headquartered in King of Prussia, Pennsylvania. This organization has provided quality healthcare at a reasonable cost, which has allowed the company to expand enormously in growth locally and globally. In 2014, according to the Fortune 500 list, Universal Health Services has a ranking of 324 for the 2015 Fortune’s Most Admired Companies in the healthcare industry (Universal Health Services, 2014). In the current industry trend of Universal Health Services, the company has a common stock traded on the New York Stock Exchange under the symbol UHS. This organization acts as the advisor to Universal Health Realty Income Trust (uhsinc.com, 2014). In fact, the annual reports of 2012-2014 show the attributable to UHS was $406.4 million in 2012, $452.1 million in 2013, and $581.8 million in 2014. Hence, compared to 6.96 billion in 2012, the net revenue increased 4.6 percent; to 7.28 billion in 2013, which further increased 10.7 percent; to 8.07 billion in 2014 (Annual Report Archive, …show more content…

These factors have been beneficial to the financial performance of the healthcare industry by increasing the demand for health-care services. As the CFO of Universal Health Services, the organization feels there is no need to minimize the impact of the trend on this company because it is one of the premier hospital management companies in the United States. Universal Health Services has continued to become successful in the commitment to the patients while providing outstanding healthcare services. UHS has shown an extraordinary knowledge and understanding of how to provide professional services while increasing revenue and expenses during recent years. The organization has definitely upheld its mission because the patients have continued to seek professional medical services from the providers of this team; also, the patients have become long-term returns due to the satisfaction and superior quality

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