secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL HEALTH SERVICES INC (UHS)
CIK:        0000352915
Form:       8-K
Filed at:   2024-01-02T23:59:59+00:00
Accession:  0000950170-24-000014
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CMS approves Nevada Medicaid payment program; UHS estimates $158M net reimbursements in 2024
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- CMS approved the Medicaid managed care component of Nevada SDP effective Jan 1, 2024 for UHS facilities.
- Estimated net reimbursements from both program components (managed care + fee-for-service) total ~$158M in 2024.
- Managed care component estimated at $140M net of provider taxes; fee-for-service component at $18M.
- Payments subject to reconciliation by DHCFP based on actual 2024 Medicaid managed care utilization.
- Program requires annual CMS approval; continuation beyond 2024 is uncertain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/352915/000095017024000014/0000950170-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/352915/000095017024000014/uhs-20231227.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-000014

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