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Universal Health Services, Inc. Reports 2007 Third Quarter Earnings
                     Consolidated Results of Operations:

KING OF PRUSSIA, Pa., Oct. 29 /PRNewswire-FirstCall/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that its reported net income was $28.9 million, or $.54 per diluted share, during the third quarter of 2007 as compared to $113.9 million, or $2.00 per diluted share, during the comparable prior year quarter. For the nine months ended September 30, 2007, reported net income was $130.4 million, or $2.43 per diluted share, as compared to $225.3 million, or $3.89 per diluted share, during the comparable nine-month period in the prior year.

As indicated on the attached Schedules of Non-GAAP Supplemental Consolidated Statements of Income Information ("Supplemental Schedules"), our income from continuing operations and net income for the three and nine-month periods ended September 30, 2007 and 2006 include various items such as: (i) hurricane related expenses, net of recoveries, minority interests and income taxes; (ii) prior period effect of the recording or reserving of Texas Medicaid supplemental payments and cost reports settlements, net of income taxes; (iii) reserve for legal judgments, the write-down of the carrying-value of investment in a joint-venture and gain on sale of real property, net of income taxes; (iv) favorable income tax adjustments to reduce reserves due to the expiration of statute of limitations in various tax jurisdictions; (v) prior period effect of a favorable after-tax adjustment to reduce our professional and general liability self-insurance reserves based upon the results of a third-party actuarial analysis, and; (vi) a charge incurred during the third quarter of 2006 to record the aggregate present value of the future funding of a portion of a gift from our Chairman of the Board of Directors, Chief Executive Officer and President to The College of William & Mary ("W&M Funding").

After adjusting for the items discussed above applicable to each period presented, as indicated on the attached Supplemental Schedules, our adjusted net income during the three-month period ended September 30, 2007 was $34.1 million, or $.64 per diluted share, as compared to $30.6 million, or $.54 per diluted share, during the third quarter of 2006. Our adjusted net income during the nine-month period ended September 30, 2007 was $124.7 million, or $2.32 per diluted share, as compared to $119.4 million, or $2.10 per diluted share, during the comparable prior year nine-month period.

Net revenues increased 13% to $1.18 billion during the third quarter of 2007 as compared to $1.04 billion during the third quarter of 2006. Net revenues increased 14% to $3.56 billion during the first nine months of 2007 as compared to $3.13 billion during the comparable nine-month period of 2006. Our consolidated operating margin, as calculated on the attached Supplemental Schedules (without adjusting for the various items mentioned above), was 11.1% and 12.2% during the three-month periods ended September 30, 2007 and 2006, respectively, and 13.2% and 13.4% during the nine-month periods ended September 30, 2007 and 2006, respectively.

Acute Care Services:

At our acute care hospitals owned during both periods ("same facility basis"), inpatient admissions increased 2.5% and patient days increased 2.9% during the third quarter of 2007 as compared to the third quarter of 2006. On a same facility basis, net revenues at our acute care facilities increased 7.6% during the third quarter of 2007 as compared to the comparable prior year quarter. Net revenue per adjusted admission at these facilities increased 3.0% during the third quarter of 2007 over the comparable prior year quarter. The operating margin at our acute care hospitals owned during both periods increased to 12.6% during the third quarter of 2007 as compared to 11.8% during the third quarter of 2006.

At our acute care hospitals, on a same facility basis, inpatient admissions increased 3.1% and patient days increased 3.3% during the nine months ended September 30, 2007 as compared to the comparable prior year period. Net revenues at these facilities increased 8.0% during the first nine months of 2007 as compared to the comparable prior year nine-month period. Net revenue per adjusted admission at these facilities increased 3.1% during the nine months ended September 30, 2007 over the comparable prior year nine-month period. The operating margin at our acute care hospitals owned during both periods increased to 13.7% during the first nine months of 2007 as compared to 13.5% during the comparable prior year nine-month period.

We provide care to patients who meet certain financial or economic criteria without charge or at amounts substantially less than our established rates. Because we do not pursue collection of amounts determined to qualify as charity care, they are not reported in net revenues or in accounts receivable, net. Our acute care hospitals provided charity care and uninsured discounts, based on charges at established rates, amounting to $149 million and $99 million during the three-month periods ended September 30, 2007 and 2006, respectively, and $418 million and $326 million during the nine-month periods ended September 30, 2007 and 2006, respectively.

Behavioral Health Care Services:

At our behavioral health facilities, on a same facility basis, inpatient admissions increased 3.4% and patient days increased 4.7% during the third quarter of 2007 as compared to the third quarter of 2006. On a same facility basis, net revenues at our behavioral health facilities increased 7.9% during the third quarter of 2007 as compared to the comparable prior year quarter. Net revenue per adjusted admission at these facilities increased 5.1% during the third quarter of 2007 over the comparable prior year quarter. The operating margin at our behavioral health facilities owned during both periods was 22.4% during the third quarter of 2007 as compared to 22.6% during the third quarter of 2006.

At our behavioral health facilities, on a same facility basis, inpatient admissions increased 3.4% and patient days increased 4.7% during the nine months ended September 30, 2007 as compared to the comparable prior year period. On a same facility basis, net revenues at our behavioral health facilities increased 6.7% during the nine months ended September 30, 2007 as compared to the comparable prior year nine-month period. Net revenue per adjusted admission at these facilities increased 3.3% during the first nine months of 2007 over the comparable prior year nine-month period. The operating margin at our behavioral health facilities owned during both periods was 23.7% during each of the nine-month periods ended September 30, 2007 and 2006.

Other Matters:

Over the last several weeks, at our request, our legal representatives have met with representatives of the United States Attorney's Office for the Southern District of Texas to discuss the status of the previously disclosed investigations of our South Texas Health System affiliates. Our representatives have been advised that the investigations remain active and ongoing and that the government is focused on payments to physicians and certain others that they believe may have been improper or illegal. We believe that the government is also focusing its investigation to determine whether the South Texas Health System affiliates and certain individuals illegally failed to fully comply with the original government subpoena. We are in the process of investigating these matters and are cooperating with the investigations and intend to respond to the matters raised with us. We are unable to evaluate the existence or extent of any potential financial exposure in connection with this matter at this time.

Conference Call Information:

We will hold a conference call for investors and analysts at 9:00 a.m. Eastern Time on October 30, 2007. The dial-in number is 1-877-648-7971. A digital recording of the conference call will be available two hours after the completion of the conference call on October 30, 2007 and will continue through midnight on November 12, 2007. The recording can be accessed by calling 1-800-642-1687 and entering the conference ID number 19454560. This call will also be available live over the internet at our web site at http://www.uhsinc.com. It will also be distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at http://www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (http://www.streetevents.com).

General Information and Forward-Looking Statements and Risk Factors:

Universal Health Services, Inc. is one of the nation's largest hospital companies, operating acute care and behavioral health hospitals and ambulatory centers nationwide and in Puerto Rico. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE: UHT). For additional information on the Company, visit our web site: http://www.uhsinc.com.

This press release contains forward-looking statements based on current management expectations. Numerous factors, including those disclosed herein, those related to healthcare industry trends and those detailed in our filings with the Securities and Exchange Commission (as set forth in Item 1A-Risk Factors and in Item 7-Forward-Looking Statements and Risk Factors in our Form 10-K for the year ended December 31, 2006), may cause results to differ materially from those anticipated in the forward-looking statements. Many of the factors that will determine our future results are beyond our capability to control or predict. These statements are subject to risks and uncertainties and therefore actual results may differ materially. Readers should not place undue reliance on such forward-looking statements which reflect management's view only as of the date hereof. We undertake no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

We believe that operating income, operating margin, adjusted income from continuing operations, adjusted income from continuing operations per diluted share, adjusted net income, adjusted net income per diluted share and earnings before interest, taxes, depreciation and amortization ("EBITDA"), which are non-GAAP financial measures ("GAAP" is Generally Accepted Accounting Principles in the United States of America), are helpful to our investors as measures of our operating performance. In addition, we believe that comparing and discussing our financial results based on these measures, as calculated, is helpful to our investors since it neutralizes the effect in each year of items that are nonrecurring or non-operational in nature including items such as, but not limited to, gains on sales of assets and businesses, hurricane-related expenses and insurance recoveries and other amounts that may be reflected in the current or prior year financial statements that relate to prior periods. To obtain a complete understanding of our financial performance these measures should be examined in connection with net income, determined in accordance with GAAP, as presented in the condensed consolidated financial statements and notes thereto in this report or in our other filings with the Securities and Exchange Commission including our Report on Form 10-Q for the quarter ended June 30, 2007 and our Report on Form 10-K for the year ended December 31, 2006. Since the items included or excluded from these measures are significant components in understanding and assessing financial performance under GAAP, these measures should not be considered to be alternatives to net income as a measure of our operating performance or profitability. Since these measures, as presented, are not determined in accordance with GAAP and are thus susceptible to varying calculations, they may not be comparable to other similarly titled measures of other companies. Investors are encouraged to use GAAP measures when evaluating our financial performance.



                       Universal Health Services, Inc.
                      Consolidated Statements of Income
                   (in thousands, except per share amounts)
                                 (unaudited)

                                    Three months            Nine months
                                 ended September 30,     ended September 30,
                                   2007        2006        2007        2006

    Net revenues               $1,180,217  $1,043,457  $3,556,794  $3,125,419

    Operating charges:
       Salaries, wages and
        benefits                  510,917     459,099   1,520,489   1,336,087
       Other operating
        expenses                  265,534     211,875     748,979     708,932
       Supplies expense           162,342     146,944     506,946     400,271
       Provision for doubtful
        accounts                  110,451      97,901     312,583     260,090
       Depreciation and
        amortization               46,548      40,961     135,417     120,360
       Lease and rental
        expense                    17,920      16,184      50,701      48,247
       Hurricane related
        expenses, net                  82       4,172         707      14,432
       Hurricane insurance
        recoveries                    -        (4,172)        -       (14,432)
                                1,113,794     972,964   3,275,822   2,873,987

    Income before interest
     expense, hurricane
     insurance recoveries
     in excess of expenses,
     minority interests and
     income taxes                  66,423      70,493     280,972     251,432


    Interest expense, net          12,881       6,140      38,643      23,362
    Hurricane insurance
     recoveries in excess of
     expenses                         -      (130,328)        -      (167,359)
    Minority interests in
     earnings of consolidated
     entities                       9,784      14,948      32,651      37,617

    Income before income taxes     43,758     179,733     209,678     357,812

    Provision for income taxes     14,756      65,704      79,062     132,420

    Income from continuing
     operations                    29,002     114,029     130,616     225,392

    Loss from discontinued
     operations, net of
     income tax benefit (a)          (148)        (84)       (183)       (104)


    Net income                    $28,854    $113,945    $130,433    $225,288


    Basic earnings per share: (b)
       From continuing
        operations                  $0.54       $2.01       $2.44       $4.11
       From discontinued
        operations                   0.00        0.00        0.00        0.00
          Total basic earnings
           per share                $0.54       $2.01       $2.44       $4.11

    Diluted earnings per share: (b)
       From continuing
        operations                  $0.54       $2.00       $2.43       $3.89
       From discontinued
        operations                   0.00        0.00        0.00        0.00
          Total diluted earnings
           per share                $0.54       $2.00       $2.43       $3.89



                       Universal Health Services, Inc.
                Footnotes to Consolidated Statements of Income
                   (in thousands, except per share amounts)
                                 (unaudited)

                                           Three months        Nine months
                                       ended September 30, ended September 30,
                                          2007      2006      2007      2006

    (a) Calculation of income from
     discontinued operations, net of
     income tax:

    Loss from operations                  ($240)    ($133)    ($296)    ($165)
    Income tax benefit                       92        49       113        61
    Loss from discontinued operations,
     net of taxes                         ($148)     ($84)    ($183)    ($104)


    (b) Earnings per share calculation:

    Basic:
    Income from continuing operations   $29,002  $114,029  $130,616  $225,392
    Less: Dividends on unvested
     restricted stock, net of taxes         (18)      (20)      (62)      (63)
    Income from continuing operations
     - basic                            $28,984  $114,009  $130,554  $225,329
    Loss from discontinued operations      (148)      (84)     (183)     (104)
    Net income - basic                  $28,836  $113,925  $130,371  $225,225

    Weighted average number of common
     shares - basic                      53,481    56,794    53,491    54,764

    Basic earnings (loss) per share:
       From continuing operations         $0.54     $2.01     $2.44     $4.11
       From discontinued operations        0.00      0.00      0.00      0.00
         Total basic earnings per share   $0.54     $2.01     $2.44     $4.11

    Diluted:
    Income from continuing operations   $29,002  $114,029  $130,616  $225,392
    Less: Dividends on unvested
     restricted stock, net of taxes         (18)      (20)      (62)      (63)
    Add: Debenture interest, net of
     taxes                                  -         -         -       4,902
    Income from continuing operations
     - diluted                          $28,984  $114,009  $130,554  $230,231
    Loss from discontinued operations      (148)      (84)     (183)     (104)
    Net income - diluted                $28,836  $113,925  $130,371  $230,127

    Weighted average number of common
     shares                              53,481    56,794    53,491    54,764
    Add: Shares for conversion of
     convertible debentures                 -         -         -       4,168
       Other share equivalents              148       207       190       227
    Weighted average number of common
     shares and equiv. - diluted         53,629    57,001    53,681    59,159

    Diluted earnings per share:
      From continuing operations          $0.54     $2.00     $2.43     $3.89
      From discontinued operations         0.00      0.00      0.00      0.00
        Total diluted earnings
         per share                        $0.54     $2.00     $2.43     $3.89



                       Universal Health Services, Inc.
     Schedule of Non-GAAP Supplemental Consolidated Statements of Income
                    Information ("Supplemental Schedule")
            For the three months ended September 30, 2007 and 2006
                   (in thousands, except per share amounts)
                                 (unaudited)

                                       Three months ended  Three months ended
                                       September 30, 2007  September 30, 2006


    Net revenues                       $1,180,217  100.0%  $1,043,457  100.0%

    Operating charges:
      Salaries, wages and benefits        510,917   43.3%     459,099   44.0%
      Other operating expenses            265,534   22.5%     211,875   20.3%
      Supplies expense                    162,342   13.8%     146,944   14.1%
      Provision for doubtful accounts     110,451    9.4%      97,901    9.4%
                                        1,049,244   88.9%     915,819   87.8%

    Operating income/margin               130,973   11.1%     127,638   12.2%

      Lease and rental expense             17,920              16,184
      Minority interests in earnings
       of consolidated entities             9,784              14,948

    Earnings before hurricane related
     expenses, hurricane insurance
     recoveries, depreciation and
     amortization, interest expense,
     and income taxes ("EBITDA")          103,269              96,506

      Hurricane related expenses, net
       of insurance recoveries                 82            (130,328)
      Depreciation and amortization        46,548              40,961
      Interest expense, net                12,881               6,140

    Income before income taxes             43,758             179,733

    Provision for income taxes             14,756              65,704

    Income from continuing operations      29,002             114,029

    Loss from discontinued operations,
     net of income taxes                     (148)                (84)

    Net income                            $28,854            $113,945

                                       Three months ended  Three months ended
                                       September 30, 2007  September 30, 2006
                                                     Per                 Per
                                                   Diluted             Diluted
                                          Amount    Share     Amount    Share
    Calculation of Adjusted Income
     from Continuing Operations
    Income from continuing operations     $29,002   $0.54    $114,029   $2.00
    Plus/minus adjustments:
      Hurricane related expenses, net
       of recoveries, minority
       interests and income taxes              50     -       (77,877)  (1.37)
      Unfavorable (favorable) prior
       period effect of Texas Medicaid
       supplemental payments and
       cost report settlements, net of
       income taxes                         3,399    0.07      (7,025)  (0.12)
      Favorable tax reserve
       adjustment                          (2,079)  (0.04)     (2,900)  (0.05)
      Reserve for legal judgment, net
       of income taxes                      2,292    0.04         -       -
      Write-down of investment in
       joint-venture, net of income
       taxes                                1,603    0.03         -       -
      W&M Funding                             -       -         4,466    0.08
    Subtotal after-tax adjustments to
     income from continuing operations      5,265    0.10     (83,336)  (1.46)
    Adjusted income from continuing
     operations                           $34,267   $0.64     $30,693   $0.54

    Calculation of Adjusted Net Income
    Net income                            $28,854   $0.54    $113,945   $2.00
    After-tax adjustments to income
     from continuing operations, as
     indicated above                        5,265    0.10     (83,336)  (1.46)
    Adjusted net income                   $34,119   $0.64     $30,609   $0.54



                       Universal Health Services, Inc.
     Schedule of Non-GAAP Supplemental Consolidated Statements of Income
                    Information ("Supplemental Schedule")
            For the nine months ended September 30, 2007 and 2006
                   (in thousands, except per share amounts)
                                 (unaudited)

                                       Nine months ended   Nine months ended
                                       September 30, 2007  September 30, 2006

    Net revenues                       $3,556,794  100.0%  $3,125,419  100.0%

    Operating charges:
       Salaries, wages and benefits     1,520,489   42.7%   1,336,087   42.7%
       Other operating expenses           748,979   21.1%     708,932   22.7%
       Supplies expense                   506,946   14.3%     400,271   12.8%
       Provision for doubtful accounts    312,583    8.8%     260,090    8.3%
                                        3,088,997   86.8%   2,705,380   86.6%

    Operating income/margin               467,797   13.2%     420,039   13.4%

       Lease and rental expense            50,701              48,247
       Minority interests in earnings
        of consolidated entities           32,651              37,617

    Earnings before hurricane related
     expenses, hurricane insurance
     recoveries, depreciation and
     amortization, interest expense,
     and income taxes ("EBITDA")          384,445             334,175

       Hurricane insurance recoveries
        in excess of expenses                 707            (167,359)
       Depreciation and amortization      135,417             120,360
       Interest expense, net               38,643              23,362

    Income before income taxes            209,678             357,812

    Provision for income taxes             79,062             132,420

    Income from continuing operations     130,616             225,392

    Loss from discontinued operations,
     net of income taxes                     (183)               (104)

    Net income                           $130,433            $225,288

                                       Nine months ended   Nine months ended
                                       September 30, 2007  September 30, 2006
                                                     Per                 Per
                                                   Diluted             Diluted
                                          Amount    Share     Amount    Share
    Calculation of Adjusted Income
     from Continuing Operations
    Income from continuing operations    $130,616   $2.43    $225,392   $3.89
    Plus/minus adjustments:
       Hurricane related expenses, net
        of recoveries, minority
        interests and income taxes            436     -       (99,675)  (1.69)
       Gain on sale of real property,
        net of income taxes                (1,356)  (0.02)        -       -
       Reduction of reserve for
        professional and general
        liability self-insured claims,
        net of minority interests and
        income taxes                      (10,045)  (0.19)        -       -
       Unfavorable (favorable) prior
        period effect of Texas Medicaid
        supplemental payments and cost
        report settlements, net of
        income taxes                        3,399    0.07      (7,818)  (0.13)
       Favorable tax reserve
        adjustment                         (2,079)  (0.04)     (2,900)  (0.05)
       Reserve for legal judgment, net
        of income taxes                     2,292    0.04         -       -
       Write-down of investment in
        joint-venture, net of income
        taxes                               1,603    0.03         -       -
       W&M Funding                            -       -         4,466    0.08
    Subtotal after-tax adjustments to
     income from continuing operations     (5,750)  (0.11)   (105,927)  (1.79)
    Adjusted income from continuing
     operations                          $124,866   $2.32    $119,465   $2.10

    Calculation of Adjusted Net Income
    Net income                           $130,433   $2.43    $225,288   $3.89
    After-tax adjustments to income
     from continuing operations, as
     indicated above                       (5,750)  (0.11)   (105,927)  (1.79)
    Adjusted net income                  $124,683   $2.32    $119,361   $2.10



                       Universal Health Services, Inc.
                    Condensed Consolidated Balance Sheets
                                (in thousands)
                                 (unaudited)

                                                September 30,     December 31,
                                                    2007              2006

    Assets:
    Cash and cash equivalents                      $13,574           $14,939
    Accounts receivable, net                       631,527           595,009
    Other current assets                           161,779           118,558
    Property, plant and equipment, net           1,894,507         1,685,085
    Other assets                                   895,217           863,451
    Total Assets                                $3,596,604        $3,277,042

    Liabilities and Stockholders' Equity:
    Current portion of long-term debt               $3,329            $1,938
    Other current liabilities                      552,258           500,513
    Other noncurrent liabilities                   353,328           340,815
    Long-term debt                                 900,628           821,363
    Deferred income taxes                           48,810            35,888
    Minority interest                              203,412           174,061
    Stockholders' equity                         1,534,839         1,402,464
    Total Liabilities and Stockholders' Equity  $3,596,604        $3,277,042



                       Universal Health Services, Inc.
                    Consolidated Statements of Cash Flows
                                (in thousands)
                                 (unaudited)

                                                           Nine months
                                                        ended September 30,
                                                       2007          2006

    Cash Flows from Operating Activities:
      Net income                                    $130,433       $225,288
      Adjustments to reconcile net income
       to net cash provided by operating
       activities:
        Depreciation & amortization                  135,417        120,360
        Accretion of discount on convertible
         debentures                                      -            6,364
        Gain on sale of assets and businesses         (2,200)           -
        Hurricane insurance recoveries                   -         (137,862)
        Hurricane related expenses                       -            4,894
      Changes in assets & liabilities, net of
       effects from acquisitions and dispositions:
      Accounts receivable                            (17,359)       (85,132)
      Accrued interest                                 9,055          7,519
      Accrued and deferred income taxes               (6,374)        36,745
      Other working capital accounts                  47,558          8,157
      Other assets and deferred charges                   37          6,943
      Other                                            4,923         11,413
      Minority interest in earnings of consolidated
       entities, net of distributions                  9,041         15,223
      Accrued insurance expense, net of commercial
       premiums paid                                  45,275         61,378
      Payments made in settlement of self-insurance
       claims                                        (33,025)       (31,270)
        Net cash provided by operating activities    322,781        250,020

    Cash Flows from Investing Activities:
      Property and equipment additions, net of
       disposals                                    (263,366)      (233,008)
      Proceeds received from sale of assets            5,268            -
      Acquisition of assets and businesses          (103,159)       (45,654)
      Hurricane insurance recoveries received            -          144,571
      Purchase of minority ownership interest
       in majority owned business                    (14,762)           -
        Net cash used in investing activities       (376,019)      (134,091)

    Cash Flows from Financing Activities:
      Additional borrowings                          170,000        248,645
      Reduction of long-term debt                   (103,846)      (141,804)
      Repurchase of common shares                    (14,386)      (220,343)
      Dividends paid                                 (12,917)       (13,090)
      Issuance of common stock                         1,041          4,205
      Financing costs                                   (148)        (2,020)
      Net cash received for termination of
       derivatives                                       -            3,393
      Capital contributions from minority
       member                                         12,129         11,939
        Net cash provided by (used in)
         financing activities                         51,873       (109,075)

    (Decrease) Increase in cash and cash
     equivalents                                      (1,365)         6,854
    Cash and cash equivalents, beginning
     of period                                        14,939          7,963
    Cash and cash equivalents, end of period         $13,574        $14,817

    Supplemental Disclosures of Cash Flow
     Information:
      Interest paid                                  $35,991        $18,073

      Income taxes paid, net of refunds              $83,894        $95,412



                       Universal Health Services, Inc.
                     Supplemental Statistical Information
                                 (un-audited)

                                                   % Change        % Change
                                                Quarter Ended   9 months ended
    Same Facility:                                 9/30/2007       9/30/2007

    Acute Care Hospitals
    Revenues                                         7.6%              8.0%
    Adjusted Admissions                              4.5%              4.8%
    Adjusted Patient Days                            4.9%              5.0%
    Revenue Per Adjusted Admission                   3.0%              3.1%
    Revenue Per Adjusted Patient Day                 2.6%              2.9%


    Behavioral Health Hospitals

    Revenues                                         7.9%              6.7%
    Adjusted Admissions                              2.8%              3.3%
    Adjusted Patient Days                            4.1%              4.6%
    Revenue Per Adjusted Admission                   5.1%              3.3%
    Revenue Per Adjusted Patient Day                 3.7%              2.0%



    UHS Consolidated            Third Quarter Ended      Nine months Ended
                               9/30/2007   9/30/2006   9/30/2007   9/30/2006

    Revenues                   $1,180,217  $1,043,457  $3,556,794  $3,125,419
    EBITDA (1)                    103,269      96,506     384,445     334,175
    EBITDA Margin (1)                8.8%        9.2%       10.8%       10.7%

    Cash Flow From Operations     163,805      60,948     322,781     250,020
    Days Sales Outstanding             49          52          48          51
    Capital Expenditures           78,779      80,335     263,366     233,008

    Debt                                                  903,957     453,126
    Shareholders Equity                                 1,534,839   1,496,445
    Debt / Total
     Capitalization                                         37.1%       23.2%
    Debt / EBITDA (2)                                        1.84        0.58
    Debt / Cash From
     Operations (2)                                          3.74        0.67


    Acute Care EBITDAR Margin
     (3) (4)                        11.4%       13.0%       13.7%       14.0%
    Behavioral Health EBITDAR
     Margin (3) (4)                 21.4%       22.5%       23.0%       23.6%


    (1)  Net of Minority Interest
    (2)  Latest 4 quarters
    (3)  Before Corporate overhead allocation and minority interest
    (4)  Excluding discontinued operations



                       UNIVERSAL HEALTH SERVICES, INC.
                         SELECTED HOSPITAL STATISTICS
                          FOR THE THREE MONTHS ENDED
                              SEPTEMBER 30, 2007

    AS REPORTED:

                                                  ACUTE (1)
                                   09/30/07        09/30/06      % change

    Hospitals owned and leased           22              21          4.8%
    Average licensed beds             5,417           5,139          5.4%
    Patient days                    290,968         268,537          8.4%
    Average daily census            3,162.7         2,918.9          8.4%
    Occupancy-licensed beds           58.4%           56.8%          2.8%
    Admissions                       64,817          60,656          6.9%
    Length of stay                      4.5             4.4          1.4%

    Inpatient revenue            $2,095,327      $1,813,162         15.6%
    Outpatient revenue              900,787         717,752         25.5%
    Total patient revenue         2,996,114       2,530,914         18.4%
    Other revenue                    15,807          11,014         43.5%
    Gross hospital revenue        3,011,921       2,541,928         18.5%

    Total deductions              2,148,715       1,764,266         21.8%

    Net hospital revenue           $863,206        $777,662         11.0%


    SAME FACILITY:

                                                  ACUTE (2)
                                   09/30/07        09/30/06      % change

    Hospitals owned and leased           21              21          0.0%
    Average licensed beds             5,183           5,139          0.9%
    Patient days                    276,423         268,557          2.9%
    Average daily census            3,004.6         2,919.1          2.9%
    Occupancy-licensed beds           58.0%           56.8%          2.1%
    Admissions                       62,193          60,656          2.5%
    Length of stay                      4.4             4.4          0.4%


    AS REPORTED:

                                           BEHAVIORAL HEALTH
                                   09/30/07        09/30/06      % change

    Hospitals owned and leased           85              81          4.9%
    Average licensed beds             7,485           6,640         12.7%
    Patient days                    506,466         467,860          8.3%
    Average daily census            5,505.1         5,085.4          8.3%
    Occupancy-licensed beds           73.5%           76.6%         -4.0%
    Admissions                       30,156          28,100          7.3%
    Length of stay                     16.8            16.6          0.9%

    Inpatient revenue              $452,223        $416,515          8.6%
    Outpatient revenue               54,470          47,809         13.9%
    Total patient revenue           506,693         464,324          9.1%
    Other revenue                     7,476           7,546         -0.9%
    Gross hospital revenue          514,169         471,870          9.0%

    Total deductions                229,156         217,700          5.3%

    Net hospital revenue           $285,013        $254,170         12.1%


    SAME FACILITY:

                                           BEHAVIORAL HEALTH (3)
                                   09/30/07        09/30/06      % change

    Hospitals owned and leased           78              78          0.0%
    Average licensed beds             7,000           6,588          6.3%
    Patient days                    484,996         463,312          4.7%
    Average daily census            5,271.7         5,036.0          4.7%
    Occupancy-licensed beds           75.3%           76.4%         -1.5%
    Admissions                       28,830          27,894          3.4%
    Length of stay                     16.8            16.6          1.3%


    (1) Licensed beds from our Acute care hospitals located in New Orleans are
        excluded in 2006 and 2007.
    (2) Acute care hospitals located in New Orleans and Texoma are excluded in
        current and prior years.
    (3) Cottonwood, Dover Behavioral, Foundations Behavioral, Highlands
        Behavioral, Lincoln Trail, Shenandoah Valley and Spring Mountain
        Sahara are excluded in both current and prior years. Cedar Ridge RTC
        is included in both current and prior years from July 1st through year
        to date. Academy at Canyon Creek and Casa de Lago are included in both
        current and prior years from August 1st through year to date. Cedar
        Ridge Hospital is included in both current and prior years from
        September 1st through year to date. Tennessee Valley, Tuscaloosa
        Juvenile Detention Center and Triple L Group homes are excluded in
        current and prior years.



                       UNIVERSAL HEALTH SERVICES, INC.
                         SELECTED HOSPITAL STATISTICS
                          FOR THE NINE MONTHS ENDED
                              SEPTEMBER 30, 2007

    AS REPORTED:

                                                 ACUTE (1)
                                  09/30/07        09/30/06      % change

    Hospitals owned and leased          22              21          4.8%
    Average licensed beds            5,417           5,047          7.3%
    Patient days                   886,844         819,711          8.2%
    Average daily census           3,248.5         3,002.6          8.2%
    Occupancy-licensed beds          60.0%           59.5%          0.8%
    Admissions                     197,722         184,374          7.2%
    Length of stay                     4.5             4.4          0.9%

    Inpatient revenue           $6,458,535      $5,607,700         15.2%
    Outpatient revenue           2,666,277       2,147,156         24.2%
    Total patient revenue        9,124,812       7,754,856         17.7%
    Other revenue                   45,368          38,690         17.3%
    Gross hospital revenue       9,170,180       7,793,546         17.7%

    Total deductions             6,560,437       5,469,986         19.9%

    Net hospital revenue        $2,609,743      $2,323,560         12.3%


    SAME FACILITY:

                                                 ACUTE (2)
                                  09/30/07        09/30/06      % change

    Hospitals owned and leased          21              21          0.0%
    Average licensed beds            5,183           5,047          2.7%
    Patient days                   846,710         819,710          3.3%
    Average daily census           3,101.5         3,002.6          3.3%
    Occupancy-licensed beds          59.8%           59.5%          0.6%
    Admissions                     190,147         184,374          3.1%
    Length of stay                     4.5             4.4          0.2%


    AS REPORTED:

                                          BEHAVIORAL HEALTH
                                  09/30/07        09/30/06      % change

    Hospitals owned and leased          85              81          4.9%
    Average licensed beds            7,269           6,492         12.0%
    Patient days                 1,489,301       1,386,299          7.4%
    Average daily census           5,455.3         5,078.0          7.4%
    Occupancy-licensed beds          75.0%           78.2%         -4.1%
    Admissions                      89,182          84,100          6.0%
    Length of stay                    16.7            16.5          1.3%

    Inpatient revenue           $1,339,098      $1,244,739          7.6%
    Outpatient revenue             173,558         154,605         12.3%
    Total patient revenue        1,512,656       1,399,344          8.1%
    Other revenue                   21,938          24,092         -8.9%
    Gross hospital revenue       1,534,594       1,423,436          7.8%

    Total deductions               687,016         656,020          4.7%

    Net hospital revenue          $847,578        $767,416         10.4%


    SAME FACILITY:

                                          BEHAVIORAL HEALTH (3)
                                  09/30/07        09/30/06      % change

    Hospitals owned and leased          78              78          0.0%
    Average licensed beds            6,818           6,424          6.1%
    Patient days                 1,434,670       1,370,870          4.7%
    Average daily census           5,255.2         5,021.5          4.7%
    Occupancy-licensed beds          77.1%           78.2%         -1.4%
    Admissions                      86,030          83,207          3.4%
    Length of stay                    16.7            16.5          1.2%


    (1) Licensed beds from our Acute care hospitals located in New Orleans are
        excluded in 2006 and 2007.
    (2) Acute care hospitals located in New Orleans and Texoma are excluded in
        current and prior years.
    (3) Cottonwood, Dover Behavioral, Foundations Behavioral, Highlands
        Behavioral, Lincoln Trail, Shenandoah Valley and Spring Mountain
        Sahara are excluded in both current and prior years. Cedar Ridge RTC
        is included in both current and prior years from July 1st through year
        to date. Academy at Canyon Creek and Casa de Lago are included in both
        current and prior years from August 1st through year to date. Cedar
        Ridge Hospital is included in both current and prior years from
        September 1st through year to date. Tennessee Valley, Tuscaloosa
        Juvenile Detention Center and Triple L Group homes are excluded in
        current and prior years.
SOURCE  Universal Health Services, Inc.
    -0-                             10/29/2007
    /CONTACT:  Steve Filton, Chief Financial Officer of Universal Health
Services, Inc., +1-610-768-3300/
    /Company News On-Call:  http://www.prnewswire.com/comp/916225.html /
    /Web site:  http://www.uhsinc.com
                http://www.companyboardroom.com
                http://www.streetevents.com /
    (UHS)

CO:  Universal Health Services, Inc.
ST:  Pennsylvania
IN:  HEA
SU:  ERN CCA LAW

KS-PM
-- NEM135 --
8494 10/29/2007 17:01 EDT http://www.prnewswire.com
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