King of Prussia, Pa.-based Universal Health Services, recorded an operating income of $454.8 million (11.1% operating margin) in the first quarter of 2025, up from an operating income of $388.8 million (10.1% margin) in the same quarter last year, according to its April 28 financial report.
Five things to know:
1. The for-profit system posted net revenues of $4.1 billion in the three months ended March 31, up from $3.8 billion during the same period last year.
2. Total operating expenses were $3.6 billion in the quarter, up from $3.5 billion during the same period last year. Salaries, wages and benefits totaled $2 billion, up from $1.8 billion. Supply expenses were $402.8 million, down from $403.6 million in the same quarter last year.
3. UHS recorded a net income of $316.7 million, up from $261.8 million.
4. UHS’ acute care hospitals saw adjusted admissions increase 2.4% year over year, while adjusted patient days increased by 0.3%. Net revenue per adjusted admission increased by 2.5%, while net revenue per adjusted patient day increased by 4.7%. Net revenues generated from acute care services — on a same-facility basis — increased 6.5%
5. UHS operates 29 inpatient acute care hospitals, 334 inpatient behavioral health facilities, outpatient facilities, an insurance offering, and a physician network in 39 states, Washington, D.C., the United Kingdom and Puerto Rico.
