King of Prussia, Pa.-based UHS filed the suit in Denton County, Texas, in October 2011. The suit alleges the five set up an Acadia subsidiary, Psychiatric Research Partners, in a model very similar to that of their former organization, then sought out sales leads they had picked up while still working for UHS, according to the report.
A jury decided in favor of UHS in December. It is unclear whether Acadia will file an appeal.
More Articles on Universal Health Services:
UHS to Pay Cash Dividend Next Month
Financing Costs Drive Universal Health Services’ 3Q Net Income Down 16
Universal Health Services Completes Divestiture of Auburn Regional Medical Center
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.