Tag Archives: million

UHS grows profit, even as DOJ settlement fund hits $90 million

Universal Health Services grew its third-quarter profit by nearly 22% year-over-year, the investor-owned hospital chain announced Thursday. The King of Prussia, Pa.-based company reported $ 171.7 million in net income during the quarter, up from $ 141.2 million during the same period in 2017. Net revenue rose by 4.2% to $ 2.65 billion, compared with… Read More »

NYC Health + Hospitals to invest $82 million in new community health centers as part of system-wide drive towards primary care

NYC Health + Hospital Elmhurst facility. Credit: Google Street View NYC Health + Hospitals has announced plans to build three new community-based healthcare centers that will provide comprehensive, ambulatory care services for more than 50,000 children and adults, underscoring previously professed plans from President Mitchell Katz to shift the system’s focus to primary care and… Read More »