KING OF PRUSSIA, Pa., Feb. 20 /PRNewswire-FirstCall/ -- Universal Health
Services, Inc. (NYSE: UHS) announced that it has been advised that the
Philadelphia District Office of the Securities and Exchange Commission has
initiated an informal inquiry arising out of the previously announced
departure of Kirk Gorman as Chief Financial Officer of the Company. The
Company intends to fully cooperate with the inquiry.
Universal Health Services, Inc. is one of the nation's largest hospital
companies, operating acute care and behavioral health hospitals and ambulatory
surgery 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 and 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.
-0- 02/20/2003
/CONTACT: Steve Filton, Chief Financial Officer, Universal Health
Services, +1-610-768-3300/
/Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/916225.html/