Universal Health Services, Inc. Announces Final Settlement Resolving The Government's Investigation Of Our Behavioral Health Care Facilities
Pursuant to the terms of the settlement agreements, which were consistent with the agreement in principle previously announced in July, 2019, on
The Company denies the allegations raised in this matter and the settlement does not constitute a finding of improper conduct or failure to provide appropriate care and treatment in accordance with governing rules and regulations or an admission of facts or liability by the Company or any of its subsidiary behavioral health facilities. UHS is pleased to have resolved this matter to avoid future distractions and the high costs of litigation, while ensuring that our focus remains steadfast on providing excellent care to our patients and their families.
As a condition of this settlement, UHS has entered into a Corporate Integrity Agreement ("CIA") with the OIG-HHS. Notwithstanding, UHS already has a compliance program in existence which includes elements required by the CIA. The Company's existing compliance program makes it well positioned to comply with the obligations of the CIA going forward.
One of the nation's largest and most respected providers of hospital and healthcare services,
Our operating philosophy is as effective today as it was 40 years ago, 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.
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Steve Filton, Chief Financial Officer, 610-768-3300