UHS

Universal Health Services, Inc. (NYSE: UHS) caught the market’s attention on Thursday after it lowered its projections for 2022 and provided an insight into its second-quarter operating results. Shares of this $7.2-billion company, with an expertise in providing healthcare management solutions, declined 6.1% on Thursday. The closing price of the stock was $100.71. Inside the Headlines In the acute care hospitals, the company noted that Covid-19 patient volumes were low in April and May 2022, compared with the previous quarter. Also, the business from non-Covid-19 patients failed to offset the headwinds from low Covid-19 patient volumes.
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