FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

MILLER ALAN B 		2. Issuer Name and Ticker or Trading Symbol

UNIVERSAL HEALTH SERVICES INC [ UHS ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chairman and CEO
(Last)          (First)          (Middle)

UNIVERSAL HEALTH SERVICES, INC., 367 SOUTH GULPH ROAD 		3. Date of Earliest Transaction (MM/DD/YYYY)

3/20/2019
(Street)

KING OF PRUSSIA, PA 19406
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock   3/20/2019     A (1)    7462   A $0   1158203   D    
Class B Common Stock                  31319   I   AMK 2014 LLC as held by Alan B. Miller  
Class B Common Stock                  51933   I   AMK 2014 LLC as held by The Abby Miller King 2018 GRAT  
Class B Common Stock                  16748   I   AMK 2014 LLC held by The Abby Danielle Miller 2002 Trust  
Class B Common Stock                  55763   I   By The Abby Miller King 2011 Family Trust  
Class B Common Stock                  44896   I   MDM 2014 LLC as held by Alan B. Miller  
Class B Common Stock                  131097   I   MDM 2014 LLC as held by The Marc Daniel Miller 2018 GRAT  
Class B Common Stock                  24007   I   MDM 2014 LLC held by The Marc Daniel Miller 2002 Trust  
Class B Common Stock                  31319   I   MS 2014 LLC as held by Alan B. Miller  
Class B Common Stock                  51933   I   MS 2014 LLC as held by The Marni Spencer 2018 GRAT  
Class B Common Stock                  16748   I   MS 2014 LLC held by The Marni Spencer 2002 Trust  
Class B Common Stock                  10810   I   The Alan and Jill Miller Foundation  
Class B Common Stock                  59900   I   The Marc Daniel Miller 2011 Family Trust  
Class B Common Stock                  55763   I   The Marni Spencer 2011 Family Trust  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option To Purchase Class B Common Stock   $134.02   3/20/2019     A   (2)    590000         (3) 3/19/2024   Class B Common Stock   590000   $134.02   590000   D    

Explanation of Responses:
(1)  These restricted shares were granted pursuant to the Universal Health Services, Inc. Amended and Restated 2010 Employees' Restricted Stock Purchase Plan and shall vest ratably on each of 03/20/2020 and 03/20/2021.
(2)  Option granted to purchase shares of Class B Common Stock under the Company's Third Amended and Restated 2005 Stock Incentive Plan.
(3)  Option vests ratably on each of 3/20/2020, 3/20/2021, 3/20/2022, and 3/20/2023.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
MILLER ALAN B
UNIVERSAL HEALTH SERVICES, INC.
367 SOUTH GULPH ROAD
KING OF PRUSSIA, PA 19406 		X X Chairman and CEO

Signatures
/s/ Steve Filton, Attorney-in-Fact for Alan B. Miller 3/21/2019
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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