litigation
confidence high
sentiment negative
materiality 0.85
UHS subsidiary hit with $535M jury verdict in patient sexual assault case
UNIVERSAL HEALTH SERVICES INC
- Pavilion Behavioral Health System found liable for sexual assault of minor patient by another minor patient in 2020.
- Jury awarded $60M compensatory and $475M punitive damages on March 28, 2024.
- Company calls verdict unexpected and unprecedented for a single-plaintiff injury case in Champaign County, IL.
- Pavilion intends to challenge verdict in post-trial proceedings and appeal; no assurances on final outcome.
- Professional liability insurance covers a portion; final resolution may materially adversely affect UHS.