Universal Health Services, Inc. (UHS) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day. Thank you for standing by. Welcome to the UHS 2025 conference call here. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 1 on your telephone. You will then hear an automated message advising that your hand is raised. To withdraw your question, please press star 1 1 again. Please be advised that today's conference is being recorded. I would like to now hand the conference over to today's speaker, Steve Filton, Executive Vice President and Chief Financial Officer. Please go ahead. Good morning. Thank you. Mark Miller is also joining us this morning. We both welcome you to this review of Universal Health Services results. The first quarter ended March 31st, 2025. During the conference call, we'll be using words such as believes, expects, anticipates, estimates, and similar words that represent forecast projections and forward-looking statements. For anyone not familiar with the risks and uncertainties inherent in these forward-looking statements, I recommend a careful reading of the section on risk factors and forward-looking statements and risk factors in our Form 10-K for the year ended December 31, 2024. We would like to highlight just a couple of developments and business trends before opening the call up to questions. As discussed in our press release last night, the company reported net income attributable to UHS for diluted share of $4.80 for the first quarter of 2025. After adjusting for the impact of the item as reflected on the supplemental schedule as included with the press release, our adjusted net income attributable to UHS for diluted share was $4.84 for the quarter ended March 31, 2025. Durin...