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Universal Health Services, Inc. Reports 2010 Second Quarter Financial Results
Consolidated Results of Operations - Three-month periods ended June 30, 2010 and 2009:

KING OF PRUSSIA, Pa., July 26, 2010 /PRNewswire via COMTEX/ --

Universal Health Services, Inc. (NYSE: UHS) announced today that its reported net income attributable to UHS was $65.6 million, or $.67 per diluted share, during the second quarter of 2010 as compared to $80.9 million, or $.82 per diluted share, during the comparable prior year quarter. Net revenues increased 3% to $1.34 billion during the second quarter of 2010 as compared to $1.30 billion during the second quarter of 2009.

After adjusting the reported results for the second quarters of 2010 and 2009 to neutralize the impact of the below-mentioned adjustments, our adjusted net income attributable to UHS was $66.7 million, or $.68 per diluted share, during the second quarter of 2010 as compared to $71.1 million, or $.72 per diluted share, during the second quarter of 2009.

As indicated on the attached Schedules of Non-GAAP Supplemental Consolidated Statements of Income Information ("Supplemental Schedules"), included in our net income attributable to UHS during the three and six-month periods ended June 30, 2010, was a net loss of $1.1 million, or $.01 per diluted share, consisting of: (i) a favorable after-tax adjustment of $10.2 million, or $.10 per diluted share, resulting from a reduction to our professional and general liability self-insurance reserves relating to years prior to 2010 based upon a reserve analysis, offset by; (ii) the unfavorable after-tax impact of $11.3 million, or $.11 per diluted share, resulting from the recording of transaction fees incurred in connection with our previously announced agreement to acquire Psychiatric Solutions, Inc.

As indicated on the attached Supplemental Schedules, included in our net income attributable to UHS during the three and six-month periods ended June 30, 2009, was net income of $9.8 million, or $.10 per diluted share, consisting of: (i) a favorable after-tax adjustment of $14.1 million, or $.14 per diluted share, resulting from a reduction to our professional and general liability self-insurance reserves relating to years prior to 2009 based upon a reserve analysis, partially offset by; (ii) an unfavorable discrete tax item of $4.3 million, or $.04 per diluted share.

Consolidated Results of Operations - Six-month periods ended June 30, 2010 and 2009:

During the six-month period ended June 30, 2010, our reported net income attributable to UHS was $137.4 million, or $1.40 per diluted share, as compared to $148.4 million, or $1.50 per diluted share, during the comparable prior year period. Net revenues increased 3% to $2.69 billion during the first six months of 2010 as compared to $2.62 billion during the first six months of 2009.

After adjusting the reported results for six-month periods ended June 30, 2010 and 2009 to neutralize the impact of the above-mentioned adjustments, our adjusted net income attributable to UHS was $138.5 million, or $1.41 per diluted share, during the first six months of 2010 as compared to $138.6 million, or $1.40 per diluted share, during the first six months of 2009.

Acute Care Services - Three-month periods ended June 30, 2010 and 2009:

At our acute care hospitals owned during both periods ("same facility basis"), adjusted admissions (adjusted for outpatient activity) increased 1.9% while adjusted patient days increased 0.3% during the second quarter of 2010, as compared to the second quarter of 2009. Net revenues at these facilities increased 2.2% during the second quarter of 2010 as compared to the comparable quarter of the prior year. At these facilities, net revenue per adjusted admission during the second quarter of 2010 increased 0.3% while net revenue per adjusted patient day increased 1.9% as compared to the comparable quarter of the prior year. On a same facility basis, excluding the items mentioned above and as included on the Supplemental Schedules, the operating margin at our acute care hospitals decreased to 14.2% during the second quarter of 2010 as compared to 16.9% during the second quarter of 2009.

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 $190 million and $181 million during the three-month periods ended June 30, 2010 and 2009, respectively.

Acute Care Services - Six-month periods ended June 30, 2010 and 2009:

During the six-month period ended June 30, 2010, on a same facility basis, adjusted admissions increased 1.8% while adjusted patient days increased 0.5% over the comparable prior year period. Net revenues at these facilities increased 2.6% during the second quarter of 2010 as compared to the comparable quarter of the prior year. At these facilities, net revenue per adjusted admission increased 0.8% while net revenue per adjusted patient day increased 2.2% during the second quarter of 2010 as compared to the comparable quarter of the prior year. On a same facility basis, excluding the items mentioned above and as included on the Supplemental Schedules, the operating margin at our acute care hospitals decreased to 15.2% during the second quarter of 2010 as compared to 17.2% during the second quarter of 2009.

Our acute care hospitals provided charity care and uninsured discounts, based on charges at established rates, amounting to $366 million and $340 million during the six-month periods ended June 30, 2010 and 2009, respectively.

Behavioral Health Care Services - Three-month periods ended June 30, 2010 and 2009:

At our behavioral health care facilities, on a same facility basis, adjusted admissions increased 4.7% and adjusted patient days increased 2.4% during the second quarter of 2010 as compared to the second quarter of 2009. Net revenues at these facilities increased 5.5% during the second quarter of 2010 as compared to the comparable quarter in the prior year. At these facilities, net revenue per adjusted admission during the second quarter of 2010 increased 0.1% while net revenue per adjusted patient day increased 2.3% as compared to the comparable prior year quarter. On a same facility basis, excluding the items mentioned above and as included on the Supplemental Schedules, the operating margin at our behavioral health care facilities increased to 27.9% during the second quarter of 2010 as compared to 25.9% during the second quarter of 2009.

Behavioral Health Care Services - Six-month periods ended June 30, 2010 and 2009:

During the six-month period ended June 30, 2010, on a same facility basis, adjusted admissions increased 4.2% and adjusted patient days increased 3.1% during the first six months of 2010 as compared to the comparable period of 2009. Net revenues at these facilities increased 6.1% during the first six months of 2010 as compared to the comparable prior year period. At these facilities, net revenue per adjusted admission increased 1.4% while net revenue per adjusted patient day increased 2.5% during the first six months of 2010 over the comparable prior year period. On a same facility basis, excluding the items mentioned above and as included on the Supplemental Schedules, the operating margin at our behavioral health care facilities increased to 27.0% during the first six months of 2010 as compared to 25.2% during the comparable period of 2009.

Dividends Declared:

On July 21, 2010, our Board of Directors approved a cash dividend of $0.05 per share payable on September 15, 2010 to shareholders of record as of September 1, 2010.

Conference Call Information:

We will hold a conference call for investors and analysts at 9:00 a.m. eastern time on July 27, 2010. 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 July 27, 2010 and will continue through midnight on August 10, 2010. The recording can be accessed by calling 1-800-642-1687 and entering the conference ID number 88336222. A live broadcast of the call will be available on our web site at www.uhsinc.com. The webcast will be available through Thompson StreetEvents Network at www.earnings.com or www.streetevents.com, a password-protected event management site for institutional investors.

General Information, Forward-Looking Statements and Risk Factors and Non-GAAP Financial Measures:

Universal Health Services, Inc. ("UHS") is one of the nation's largest hospital companies operating, through its subsidiaries, acute care hospitals, behavioral healthcare facilities and ambulatory centers located throughout the United States and Puerto Rico. UHS 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, 2009 and in Item 2-Forward Looking Statements and Risk Factors in our Form 10-Q for the quarterly period ended March 31, 2010), may cause the 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 net income attributable to UHS, adjusted net income attributable to UHS 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, when applicable, 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, reserves for settlements, legal judgments and lawsuits 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-K for the year ended December 31, 2009 and Report on Form 10-Q for the quarterly period ended March 31, 2010. 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.

(more)

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


                            Three months                 Six months
                           ended June 30,              ended June 30,
                           --------------              --------------
                           2010            2009        2010            2009
                           ----            ----        ----            ----

    Net revenues     $1,338,315      $1,303,640  $2,685,468      $2,616,059

    Operating
     charges:
       Salaries,
        wages and
        benefits        563,552         541,950   1,142,478       1,083,247
       Other
        operating
        expenses        249,114         232,894     496,142         506,115
       Supplies
        expense         179,926         176,411     363,742         350,378
       Provision
        for
        doubtful
        accounts        143,764         120,670     269,154         239,648
       Depreciation
        and
        amortization     54,025          51,085     107,536         102,219
       Lease and
        rental
        expense          18,185          17,587      36,119          34,659
                      1,208,566       1,140,597   2,415,171       2,316,266
                      ---------       ---------   ---------       ---------

    Income from
     operations         129,749         163,043     270,297         299,793

    Interest
     expense,
     net                 12,277          11,879      24,654          24,517
                         ------          ------      ------          ------

    Income
     before
     income
     taxes              117,472         151,164     245,643         275,276

    Provision
     for income
     taxes               41,057          57,187      86,466          99,265
                         ------          ------      ------          ------

    Net income           76,415          93,977     159,177         176,011

    Less:
     Income
     attributable
     to
     noncontrolling
     interests           10,843          13,084      21,786          27,577

    Net income
     attributable
     to UHS             $65,572         $80,893    $137,391        $148,434
                        =======         =======    ========        ========


    Basic
     earnings
     per share
     attributable
     to UHS (a)           $0.68        $0.82    $1.42        $1.51
                          =====           =====       =====           =====

    Diluted
     earnings
     per share
     attributable
     to UHS (a)           $0.67        $0.82    $1.40        $1.50
                          =====           =====       =====           =====


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


                                 Three months              Six months
                                ended June 30,           ended June 30,
                                --------------           --------------
                               2010         2009      2010          2009
                               ----         ----      ----          ----

    (a) Earnings per share
     calculation:
    ----------------------

    Basic and diluted:
    ------------------
    Net income attributable
     to UHS                 $65,572      $80,893  $137,391      $148,434
    Less: Net income
     attributable to
     unvested restricted
     share grants              (278)        (381)     (593)         (695)
                               ----         ----      ----          ----
    Net income attributable
     to UHS -basic and
     diluted                $65,294      $80,512  $136,798      $147,739
                            =======      =======  ========      ========

    Weighted average number
     of common shares -
     basic                   96,703       97,700    96,621        98,056
                             ------       ------    ------        ------

    Basic earnings per
     share attributable to
     UHS:                     $0.68        $0.82     $1.42         $1.51
                              =====        =====     =====         =====

    Weighted average number
     of common shares        96,703       97,700    96,621        98,056
    Add: Other share
     equivalents              1,351          404     1,131           202
    Weighted average number
     of common shares and
     equiv. -diluted         98,054       98,104    97,752        98,258
                             ------       ------    ------        ------

    Diluted earnings per
     share attributable to
     UHS:                     $0.67        $0.82     $1.40         $1.50
                              =====        =====     =====         =====


                          Universal Health Services, Inc.
                          -------------------------------
        Schedule of Non-GAAP Supplemental Consolidated Statements of Income
                       Information ("Supplemental Schedule")
        -------------------------------------------------------------------
                 For the three months ended June 30, 2010 and 2009
                 -------------------------------------------------
                     (in thousands, except per share amounts)
                                    (unaudited)


                              Three months ended         Three months ended
                                 June 30, 2010              June 30, 2009
                                 -------------              -------------


    Net revenues           $1,338,315        100.0%  $1,303,640        100.0%

    Operating charges:
       Salaries, wages and
        benefits              563,552         42.1%     541,950         41.6%
       Other operating
        expenses              249,114         18.6%     232,894         17.9%
       Supplies expense       179,926         13.4%     176,411         13.5%
       Provision for
        doubtful accounts     143,764         10.7%     120,670          9.3%
                            1,136,356         84.9%   1,071,925         82.2%
                            ---------         ----    ---------         ----

    Operating income/
     margin                   201,959         15.1%     231,715         17.8%

       Lease and rental
        expense                18,185                    17,587
       Income attributable
        to noncontrolling
        interests              10,843                    13,084
                               ------                    ------

    Earnings before,
     depreciation and
     amortization,
     interest expense,
     and income taxes         172,931        201,044

       Depreciation and
        amortization           54,025                    51,085
       Interest expense,
        net                    12,277                    11,879
                               ------                    ------

    Income before income
     taxes                    106,629                   138,080

    Provision for income
     taxes                     41,057                    57,187
                               ------                    ------
    Net income
     attributable to UHS      $65,572                   $80,893
                              =======                   =======




                          Three months ended            Three months ended
                            June 30, 2010                 June 30, 2009
                            -------------                 -------------
                                         Per                           Per
                                       Diluted                       Diluted
                       Amount           Share        Amount           Share
                       ------         --------       ------         --------
    Calculation
     of Adjusted
     Net Income
     Attributable
     to UHS
    -------------
    Net income
     attributable
     to UHS             $65,572           $0.67       $80,893           $0.82
    Plus/minus
     adjustments:
       Reduction of
        reserves
        relating to
        prior years
        for
        professional
        and general
        liability
          self-
           insured
           claims, net
           of income
           taxes        (10,198)       (0.10)   (14,168)       (0.14)
      Acquisition
       transaction
       costs, net
       of income
       taxes             11,288         0.11          -            -
      Unfavorable
       discrete
       tax item               -               -         4,331            0.04
    Subtotal
     after-tax
     adjustments
     to net
     income
     attributable
     to UHS               1,090         0.01     (9,837)       (0.10)
                          -----            ----        ------           -----
    Adjusted net
     income
     attributable
     to UHS             $66,662           $0.68       $71,056           $0.72
                        =======           =====       =======           =====


                             Universal Health Services, Inc.
                             -------------------------------
           Schedule of Non-GAAP Supplemental Consolidated Statements of Income
                          Information ("Supplemental Schedule")
           -------------------------------------------------------------------
                     For the six months ended June 30, 2010 and 2009
                     -----------------------------------------------
                         (in thousands, except per share amounts)
                                       (unaudited)


                             Six months ended             Six months ended
                              June 30, 2010                June 30, 2009
                              -------------                -------------


    Net revenues       $2,685,468           100.0% $2,616,059           100.0%

    Operating
     charges:
       Salaries,
        wages and
        benefits        1,142,478            42.5%  1,083,247            41.4%
       Other
        operating
        expenses          496,142            18.5%    506,115            19.3%
       Supplies
        expense           363,742            13.5%    350,378            13.4%
       Provision for
        doubtful
        accounts          269,154            10.0%    239,648             9.2%
                        2,271,516            84.6%  2,179,388            83.3%
                        ---------            ----   ---------            ----

    Operating
     income/
     margin               413,952            15.4%    436,671            16.7%

       Lease and
        rental
        expense            36,119                      34,659
       Income
        attributable
        to
        noncontrolling
        interests          21,786         27,577
                           ------                      ------

    Earnings
     before,
     depreciation
     and
     amortization,
     interest
     expense, and
     income taxes         356,047        374,435

       Depreciation
        and
        amortization      107,536                     102,219
       Interest
        expense, net       24,654                      24,517
                           ------                      ------

    Income before
     income taxes         223,857                     247,699

    Provision for
     income taxes          86,466                      99,265
                           ------                      ------
    Net income
     attributable
     to UHS              $137,391                    $148,434
                         ========                    ========




                            Six months ended                Six months ended
                             June 30, 2010                   June 30, 2009
                             -------------                   -------------
                                         Per                           Per
                                       Diluted                       Diluted
                        Amount          Share         Amount          Share
                        ------        --------        ------        --------
    Calculation
     of Adjusted
     Net Income
     Attributable
     to UHS
    -------------
    Net income
     attributable
     to UHS            $137,391           $1.40      $148,434           $1.50
    Plus/minus
     adjustments:
       Reduction of
        reserves
        relating to
        prior years
        for
        professional
        and general
        liability
          self-
           insured
           claims, net
           of income
           taxes        (10,198)       (0.10)   (14,168)       (0.14)
      Acquisition
       transaction
       costs, net
       of income
       taxes             11,288         0.11          -            -
       Unfavorable
        discrete
        tax item              -               -         4,331            0.04
    Subtotal
     after-tax
     adjustments
     to net
     income
     attributable
     to UHS               1,090         0.01     (9,837)       (0.10)
                          -----            ----        ------           -----
    Adjusted net
     income
     attributable
     to UHS            $138,481           $1.41      $138,597           $1.40
                       ========           =====      ========           =====


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


                                                     As revised
                                                                  (a)
                                        June 30,    December 31,
                                              2010          2009
                                              ----          ----
    Assets
    Current assets:
        Cash and cash equivalents          $12,337        $9,180
        Accounts receivable, net           618,855       602,559
        Supplies                            84,683        84,272
        Other current assets                38,985        27,270
        Deferred income taxes               51,109        51,336
        Current assets held for
         sale                               16,250        21,580
              Total current assets         822,219       796,197
                                           -------       -------

    Property and equipment               3,818,209     3,738,818
    Less: accumulated
     depreciation                       (1,510,592)   (1,423,580)
                                         2,307,617     2,315,238
                                         ---------     ---------

    Other assets:
        Goodwill                           732,754       732,685
        Deferred charges                     8,864         8,643
        Other                              118,303       111,700
                                        $3,989,757    $3,964,463
                                        ==========    ==========

    Liabilities and
     Stockholders' Equity
    Current liabilities:
        Current maturities of long-
         term debt                          $2,032        $2,573
        Accounts payable and
         accrued liabilities               552,794       578,617
        Federal and state taxes              3,298         1,627
              Total current liabilities    558,124       582,817
                                           -------       -------

    Other noncurrent
     liabilities                           346,310       375,580
    Long-term debt                         881,344       956,429
    Deferred income taxes                   68,386        60,091
    Redeemable noncontrolling
     interest                              205,463       197,152


    UHS common stockholders'
     equity                              1,887,365     1,751,071
    Noncontrolling interest                 42,765        41,323
                                            ------        ------
              Total equity               1,930,130     1,792,394

                                        $3,989,757    $3,964,463
                                        ==========    ==========



    (a) We have revised our Condensed Consolidated Balance Sheet at
    December 31, 2009 to
    reclassify $197.2 million of noncontrolling interests, which are
    redeemable outside of our
    control, from total equity to mezzanine equity.  This revision did
    not affect UHS's common
    stockholders' equity.  We do not believe this revision is material to
    the Condensed
    Consolidated Balance Sheet at December 31, 2009.

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

                                                         Six months
                                                       ended June 30,
                                                       --------------
                                                        2010            2009
                                                        ----            ----

    Cash Flows from Operating Activities:
      Net income                                    $159,177        $176,011
      Adjustments to reconcile net income to
       net
      cash provided by operating activities:
      Depreciation & amortization                    107,536         102,219
      Net gain on sale of assets and
       noncontrolling interests                       (1,993)              0
      Stock-based compensation expense                 8,327           6,602
      Changes in assets & liabilities, net
       of effects from
      acquisitions and dispositions:
       Accounts receivable                           (16,523)          4,392
       Construction management and other
        receivable                                         0          21,003
       Accrued interest                               (1,757)            106
       Accrued and deferred income taxes               3,946           7,934
       Other working capital accounts                (15,753)         (1,499)
       Other assets and deferred charges              (6,870)          3,844
       Other                                          (4,513)         (3,273)
       Accrued insurance expense, net of
        commercial premiums paid                      15,491          13,323
       Payments made in settlement of self-
        insurance claims                             (27,698)        (29,823)
              Net cash provided by operating
               activities                            219,370         300,839
                                                     -------         -------

    Cash Flows from Investing Activities:
       Property and equipment additions, net
        of disposals                                (121,640)       (183,248)
       Proceeds received from sale of assets           5,000               0
       Acquisition of property and business                0          (9,006)
              Net cash used in investing activities (116,640)       (192,254)
                                                    --------        --------

    Cash Flows from Financing Activities:
       Reduction of long-term debt                   (77,974)        (77,356)
       Additional borrowings                               0             170
       Repurchase of common shares                    (3,703)        (15,437)
       Dividends paid                                 (9,693)         (7,890)
       Issuance of common stock                        3,833           1,350
       Profit distributions to noncontrolling
        interests                                    (12,336)         (4,259)
       Proceeds from sale of noncontrolling
        interest in majority owned business              300               0
              Net cash used in financing activities  (99,573)       (103,422)
                                                     -------        --------

    Increase in cash and cash equivalents              3,157           5,163
    Cash and cash equivalents, beginning
     of period                                         9,180           5,460
    Cash and cash equivalents, end of
     period                                          $12,337         $10,623
                                                     =======         =======

    Supplemental Disclosures of Cash Flow
     Information:
      Interest paid                                  $29,783         $28,723
                                                     =======         =======

      Income taxes paid, net of refunds              $79,943         $90,942
                                                     =======         =======


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



                                                % Change         % Change
                                                 Quarter         6 months
                                                  Ended            ended

    Same Facility:                              6/30/2010        6/30/2010
    --------------                              ---------        ---------

    Acute Care Hospitals
    --------------------
    Revenues                                          2.2%             2.6%
    Adjusted Admissions                               1.9%             1.8%
    Adjusted Patient Days                             0.3%             0.5%
    Revenue Per Adjusted
     Admission                                        0.3%             0.8%
    Revenue Per Adjusted
     Patient Day                                      1.9%             2.2%


    Behavioral Health Hospitals
    ---------------------------

    Revenues                                          5.5%             6.1%
    Adjusted Admissions                               4.7%             4.2%
    Adjusted Patient Days                             2.4%             3.1%
    Revenue Per Adjusted
     Admission                                        0.1%             1.4%
    Revenue Per Adjusted
     Patient Day                                      2.3%             2.5%








    UHS
     Consolidated      Second Quarter Ended          Six months Ended
    -------------      --------------------          ----------------
                     6/30/2010      6/30/2009   6/30/2010        6/30/2009
                     ---------      ---------   ---------        ---------

    Revenues        $1,338,315     $1,303,640  $2,685,468       $2,616,059
    EBITDA   (1)       174,021        186,876     357,137          360,267
    EBITDA Margin
     (1)                  13.0%          14.3%       13.3%            13.8%

    Cash Flow
     From
     Operations         83,363        148,585     219,370          300,839
    Days Sales
     Outstanding            42             42          42               41
    Capital
     Expenditures       59,064        105,029     121,640          183,248

    Debt                                          883,376          921,878
    UHS
     Shareholders
     Equity                                     1,877,365        1,677,996
    Debt /Total
     Capitalization                                  32.0%            35.5%
    Debt /EBITDA
      (2)                                            1.30             1.50
    Debt /Cash
     From
     Operations
     (2)                                             1.96             1.55


    Acute Care
     EBITDAR
     Margin  (3)          14.2%          16.9%       15.2%            17.2%
    Behavioral
     Health
     EBITDAR
     Margin  (3)          27.8%          26.5%       26.7%            25.4%




    (1)  Net of Minority Interest and before prior year self insurance
    reserve adjustments (net of taxes) booked in 2010 and 2009
    and transaction related expenses (net of taxes) booked in 2010
    (2)  Latest 4 quarters
    (3)  Before Corporate overhead allocation, minority interest and
    prior year self insurance reserve adjustment booked
     in 2010 and 2009

                          UNIVERSAL HEALTH SERVICES, INC.
                           SELECTED HOSPITAL STATISTICS
                            FOR THE THREE MONTHS ENDED
                                   JUNE 30, 2010


    AS REPORTED:
    ------------


                                         ACUTE
                             06/30/10    06/30/09  %  change
                             --------    --------  ---------

    Hospitals owned
     and leased                    21          21        0.0%
    Average licensed
     beds                       5,689       5,465        4.1%
    Patient days              286,230     289,644       -1.2%
    Average daily
     census                   3,145.4     3,182.9       -1.2%
    Occupancy-
     licensed beds               55.3%       58.2%      -5.1%
    Admissions                 66,208      65,946        0.4%
    Length of stay                4.3         4.4       -1.6%

    Inpatient revenue      $2,624,502  $2,469,774        6.3%
    Outpatient
     revenue                1,171,634   1,047,095       11.9%
    Total patient
     revenue                3,796,136   3,516,869        7.9%
    Other revenue              19,187      19,102        0.4%
    Gross hospital
     revenue                3,815,323   3,535,971        7.9%

    Total deductions        2,841,313   2,583,135       10.0%

    Net hospital
     revenue                 $974,010    $952,836        2.2%





    AS REPORTED:
    ------------


                                  BEHAVIORAL HEALTH
                           06/30/10  06/30/09  %  change
                           --------  --------  ---------

    Hospitals owned
     and leased                  82        81        1.2%
    Average licensed
     beds                     7,980     7,857        1.6%
    Patient days            544,629   529,536        2.9%
    Average daily
     census                 5,984.9   5,819.1        2.9%
    Occupancy-
     licensed beds             75.0%     74.1%       1.3%
    Admissions               36,573    34,059        7.4%
    Length of stay             14.9      15.5       -4.2%

    Inpatient revenue      $554,141  $524,246        5.7%
    Outpatient
     revenue                 81,987    72,513       13.1%
    Total patient
     revenue                636,128   596,759        6.6%
    Other revenue             7,224     8,342      -13.4%
    Gross hospital
     revenue                643,352   605,101        6.3%

    Total deductions        286,344   272,512        5.1%

    Net hospital
     revenue               $357,008  $332,589        7.3%




    SAME FACILITY:
    --------------


                                          ACUTE
                               06/30/10   06/30/09  %  change
                               --------   --------  ---------

    Hospitals owned and
     leased                          21         21        0.0%
    Average licensed
     beds                         5,689      5,465        4.1%
    Patient days                286,230    289,644       -1.2%
    Average daily census        3,145.4    3,182.9       -1.2%
    Occupancy-licensed
     beds                          55.3%      58.2%      -5.1%
    Admissions                   66,208     65,946        0.4%
    Length of stay                  4.3        4.4       -1.6%




    SAME FACILITY:
    --------------


                                  BEHAVIORAL HEALTH (1)
                               06/30/10   06/30/09  %  change
                               --------   --------  ---------

    Hospitals owned and
     leased                          79         79        0.0%
    Average licensed
     beds                         7,778      7,705        0.9%
    Patient days                537,746    526,672        2.1%
    Average daily census        5,909.3    5,787.6        2.1%
    Occupancy-licensed
     beds                          76.0%      75.1%       1.1%
    Admissions                   35,524     34,042        4.4%
    Length of stay                 15.1       15.5       -2.2%



    (1) Ascent, Centennial Peaks, Crescent Pines, The Hope program, and
    Springwoods Behavioral are excluded in both
    current and prior years. Coastal Behavioral is included in March 1st
    thru year to date.

                            UNIVERSAL HEALTH SERVICES, INC.
                              SELECTED HOSPITAL STATISTICS
                                FOR THE SIX MONTHS ENDED
                                     JUNE 30, 2010



    AS REPORTED:
    ------------


                                           ACUTE
                               06/30/10    06/30/09  %  change
                               --------    --------  ---------

    Hospitals owned and
     leased                          21          21        0.0%
    Average licensed
     beds                         5,689       5,465        4.1%
    Patient days                591,924     596,920       -0.8%
    Average daily
     census                     3,270.3     3,297.9       -0.8%
    Occupancy-licensed
     beds                          57.5%       60.3%      -4.7%
    Admissions                  134,846     134,144        0.5%
    Length of stay                  4.4         4.4       -1.4%

    Inpatient revenue        $5,407,933  $5,049,913        7.1%
    Outpatient revenue        2,288,559   2,042,794       12.0%
    Total patient
     revenue                  7,696,492   7,092,707        8.5%
    Other revenue                34,990      36,777       -4.9%
    Gross hospital
     revenue                  7,731,482   7,129,484        8.4%

    Total deductions          5,768,161   5,216,799       10.6%

    Net hospital
     revenue                 $1,963,321  $1,912,685        2.6%






    AS REPORTED:
    ------------


                                     BEHAVIORAL HEALTH
                               06/30/10    06/30/09  %  change
                               --------    --------  ---------

    Hospitals owned and
     leased                          83          83        0.0%
    Average licensed
     beds                         7,975       7,826        1.9%
    Patient days              1,083,379   1,042,470        3.9%
    Average daily
     census                     5,952.6     5,727.9        3.9%
    Occupancy-licensed
     beds                          74.6%       73.2%       2.0%
    Admissions                   72,930      68,020        7.2%
    Length of stay                 14.9        15.3       -3.1%

    Inpatient revenue        $1,098,922  $1,027,927        6.9%
    Outpatient revenue          159,964     140,641       13.7%
    Total patient
     revenue                  1,258,886   1,168,568        7.7%
    Other revenue                15,632      16,251       -3.8%
    Gross hospital
     revenue                  1,274,518   1,184,819        7.6%

    Total deductions            568,328     530,077        7.2%

    Net hospital
     revenue                   $706,190    $654,742        7.9%




    SAME FACILITY:
    --------------


                                         ACUTE
                              06/30/10   06/30/09  %  change
                              --------   --------  ---------

    Hospitals owned and
     leased                         21         21        0.0%
    Average licensed
     beds                        5,689      5,465        4.1%
    Patient days               591,924    596,920       -0.8%
    Average daily
     census                    3,270.3    3,297.9       -0.8%
    Occupancy-licensed
     beds                         57.5%      60.3%      -4.7%
    Admissions                 134,846    134,144        0.5%
    Length of stay                 4.4        4.4       -1.4%




    SAME FACILITY:
    --------------


                                  BEHAVIORAL HEALTH (1)
                              06/30/10   06/30/09  %  change
                              --------   --------  ---------

    Hospitals owned and
     leased                         79         79        0.0%
    Average licensed
     beds                        7,757      7,674        1.1%
    Patient days             1,068,443  1,036,334        3.1%
    Average daily
     census                    5,903.0    5,725.6        3.1%
    Occupancy-licensed
     beds                         76.1%      74.6%       2.0%
    Admissions                  70,819     67,979        4.2%
    Length of stay                15.1       15.2       -1.0%



    (1) Ascent, Centennial Peaks, Crescent Pines, The Hope program, and
    Springwoods Behavioral are excluded in both current
    and prior years. Coastal Behavioral is included in March 1st thru
    year to date.

SOURCE Universal Health Services, Inc.

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