|Universal Health Services, Inc. Completes Sale of Two Hospitals in Puerto Rico|
KING OF PRUSSIA, Pa., March 31 /PRNewswire-FirstCall/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that it has completed the previously announced sale of 430-bed Hospital San Pablo located in Bayamon, Puerto Rico and 180-bed Hospital San Pablo del Este in Fajardo, Puerto Rico.
The combined sale proceeds were approximately $120 million, plus the value of certain components of working capital.
Universal Health Services, Inc. is one of the nation's largest hospital companies, operating acute care and behavioral health hospitals, ambulatory and radiation centers nationwide, in Puerto Rico and in France. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE: UHT).
Certain statements in this release may constitute forward-looking statements that are subject to various risks and uncertainties as discussed in the Company's filings with the Securities and Exchange Commission. The Company is not obligated to update these forward-looking statements even if the Company's assessment of these risks and uncertainties changes.
For additional information on the Company, visit our web site: http://www.uhsinc.com.
SOURCE: Universal Health Services, Inc.
CONTACT: Steve Filton, Chief Financial Officer, Universal Health Services, +1-610-768-3300
Company News On-Call: http://www.prnewswire.com/comp/916225.html
Web site: http://www.uhsinc.com
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